The 13-period MA has already crossed the 21-period MA, hence later today there could be a higher probability for an upward break-through above 1.17100, based on the intersection of the 55-period MA with the 89-period MA. * Disclaimer: All types of FX trading always involve substantial financial risks. It is possible that you may lose all your trading capital....
While in the short-run the 13-period MA has crossed the 21-period MA, later today there could be a higher probability for an upward break-through above 1.17100, based on the intersection of the 55-period MA with the 89-period MA. * Disclaimer: All types of FX trading always involve substantial financial risks. It is possible that you may lose all your trading...
Trading algorithms -- no matter whether relying predominantly on fundamental or technical signals -- would also imply consistent and coherent financial projections regarding every individual trader's portfolio. Therefore, trading algorithms could be developed as a system that interconnects decision-making trading signals analytics with sound financial...
Let's take account of a few interesting geometric correlations observed with EURUSD in the past year
Monitoring interesting geometric correlations in that fx pair
Recent speeches of prime politicians from EU and US resemble a currency war, where the underlying fx pair should be seen as the preliminary cushion to settle short-term financial disparities and divergent future economic outlooks. Political risks would still continue to intensify their influence on foreign exchange.
William's Alligator Properties Jaws: Period 55; Shift 50 Teeth: Period 34; Shift 38 Lips: Period 13; Shift 14
Let's assume that FX markets are random. Their random walk is nevertheless conditioned by physical and psychological laws that include cyclicity, where fx history repeats itself. We may successfully apply wave theory, but only if we assume that we cannot really determine the exact proportions of the wave formations of the fx "ocean", which are dependent on the...
Even if you've mastered the art of speculative trading in fx markets, you should never sell at fx bottoms, and never buy at fx peaks. Now the speculative weight of the bets for a sustained increase in eur/usd would probably start to grow up, as we may slowly make an attempt to touch base somewhere around 1.048. Don't forget to pull out your short speculative bets...
Chart Features - Fibonnaci Circles and Angled Trendlines. Scenario for speculative fx trading: upward
Let's see how we adjust to the 45 degrees trendline? ;-)
Follow up on visually inverted fx patterns: Do you see the visually inverted fx patterns in the coloured circles? It's now very interesting to see whether and when the violet circle will appear again. What are your speculative bets for the future days of that fx chart?
Follow up on visually inverted fx patterns: Do you see the visually inverted fx patterns in the coloured circles? It's now very interesting to see whether and when the violet circle will appear again. What are your speculative bets for the future days of that fx chart? * NB! It is possible that the "shared copy image" of my chart is a little bit different from my...
Building up some cash with speculative sell stop orders today, let's wait for the upside wave to surf again above 1.08 ? * NB! It is possible that the "shared copy image" of my chart is a little bit different from my original graph, due to the size parameters of your monitors or because of other sharing system specificities of TradingView.