Tags » Trend Line

Bearish Outlook

http://postimg.org/image/aabxzc6tp/

Stocks printed a new all-time high on Friday. Stocks took on a bearish disposition on Monday by forming a swing high and closing below the 10 day MA today. 212 more words

22 September 2014 – EUR/AUD – Stop and reverse

Today the currency pair has closed above both the down trend channel and the static support. As consequence, I’ve closed both the short positions that I opened… 36 more words

Forex Trading Plan

19 September 2014 – EUR/CAD – In search of a bottom

Daily EUR/CAD candlestick chart. The price movement is below both the medium term trend line and the short term trend line. Today there has been a penetration of the static support (the last relative low). 13 more words

Forex Technical Analysis

19 September 2014 – EUR/USD – Stuck in a down trend

Daily EUR/USD candlestick chart. The chart speaks for itself. The price movement is below both the medium term trend line and the short term trend line. 20 more words

Forex Technical Analysis

The 9/19/14 Weekend Report Preview

The Dollar
http://postimg.org/image/8jp4ugbcv/

The dollar printed its highest point on Monday since the daily cycle began on August 11th. A swing high formed on Tuesday. 410 more words

19 September 2014 – EUR/GPB – In a flat market ?

Daily EUR/JPB candlestick chart. From March to July the currency pair has been steadily falling under a medium term down trend line (downtrend). This trend line was pierced for the first time on the first of August. 65 more words

Forex Technical Analysis

19 September 2014 – EUR/AUD – I've doubled my short position …

Last 16 September the EUR/AUD tested the down trend line. I thought the price movement was a false penetration.

Today the currency pair has closed above the down trend line with a long-legged doji (which is a outside bar too). 74 more words

Forex Trading Plan