Theleftanchor.com::Forex trading -Technical analysis daily,weekly

One of the biggest problems that can have foreign exchange market participants is to decide whether to go ahead of time whether or not a position.

What does exit a position in advance?
Imagine that we have invested in a specific currency pair, setting a stop loss to a certain number of pips, and the profit target to another number of pips. A few hours later or the day after the position is monitored to see how our investment is doing, and if so verify that the gain is considerable. Has not yet reached the predetermined targets, but we get nervous and we close the position to keep the profits achieved so far, and avoid losses.
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Hello, we are Sunday, January 24 and I propose an analysis of the Forex-GBP USD valid for the week of January 24 to 28.

Last week we said “The daily MACD is bullish, but still necessary that parity is finally going back to 5880 1.60 and 1.62. The monthly MACD is still bearish. But up to 1.60/6050, could allow him to cross positive and therefore more strongly support a return to 1.62. This is still a guess. But let’s not forget that the monthly MACD is bullish and thus a reversal of more extensive and may be being put in place much higher in the weeks and months ahead. However, the requirement is to pass 5880, after it should go alone. “And we ended the week at 1.60.
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Hello, we are on Sunday 24 and I offer an analysis of the euro-forex dollar valid for the week of January 24 to 28.

Difficult week because if the trend was clearly upward many traders have watched the sale of parity and unfortunately for them we have spent 3420 to finish the week at 3620.

As can be seen in our daily chart, the price should continue to rise and, by extension, go to 3820. Intermediate resistance should be around 3680/3720.

This week, we will pay attention to this week’s events including the Fed Wednesday, January 26 and last Friday, the U.S. GDP, these two appointments you can give us a continuation of movement up or rather a reversal of the trend … So beware.
Also, Monday and Tuesday, the parity could store between 3480 and 3680.
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The trust was set this week as the euro zone, with a combination of factors that have enabled the EUR / USD of 1.3243 to 1.3645 to climb, breaking the top of our weekly channel that we had given between 1.3000 and 1.3500.
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EUR / USD

In relation to this cross currency for the day today we could open a new long position if its value should break 1.3635 on the upside of the share, setting for our first target for 1.3650 share and 1.3670 share our second goal. If the value of the exchange ratio would fall below the share of 1.3615, then we could open a new short position by placing the first target for 1.3610 share and 1.3600 share for the second goal.

EUR / GBP

For today’s session we could consider opening a location where the purchase value of the exchange ratio of 0.8530 on the upside should break, posing as first goal to achieve as 0.8540 and 0.8560 second goal to achieve. If the exchange ratio exceeds the value down to 0.8490, then we could open a new short position by setting the first target for 0.8470 share and 0.8450 share for the second goal.
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We see in this article how we can use colors GMMA in our trading system.

• merchants who like to do short term short term will be indicated in yellow
• merchants who like to do short term to long term will be indicated in orange
• merchants who like to trade in the medium term are shown in blue
• merchants who like to do long term to short-term are shown in green
• Finally, traders who like to do long term to long term will be marked in red

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The trading strategy, as we have said in previous articles, is not based on objective facts and get rich quick. Real efforts are needed to learn this system of trading. As always we try to trade with a demo account before using real money.

Trading on the Forex market has large potential benefits, such as potential risks are too great. You should be aware of the risks that can be run and must necessarily be willing to accept them. We strongly recommend that you do not trade with money you can not afford to lose.
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The Schaff Trend Cycle identifies a surge in the trend. The STC is made by running the index difference between two exponential moving averages and using a stochastic algorithm. This oscillator measures the tendency of acceleration or deceleration, showing a measure of trend cycles.

We can apply this indicator to different currency pairs, such as the EUR / USD. The STC value tends to be more regular if the value of the stochastic is in order. The STC reaches a value of between 25 and 75 making it possible to have a better idea of when relative moment to enter and exit positions.
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The euro has crossed 1.35 yesterday but we could not hold these levels and we are back on 3420 as our stand this morning. The MACD has just 30 mins send us a sell signal and the MACD is bearish 4h. Nevertheless, and as we stay in- above 3420, may return to parity 3480. Our board this morning, this afternoon noon, we expect a statistic that could be favorable U.S. dollar.
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That’s still our list of Metatrader indicators, as well as those we saw in the last article.

Arrows CCI (MT4, MT5). This indicator gives the basic drawing of the signals of blue and red arrows on the graph. Simply finds the cross of the CCI with zero, but it’s pretty accurate.

Coppock (MT4, MT5), an implementation of the classic indicator of Edward Coppola. It helps to identify long-term trends of currency pairs.

Detrended Price Oscillator (MT4, MT5), a version that studies the price fluctuation of a given currency pair and that works well for detecting changes in short-term trend.
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