Archive for the ‘Forex trading’ Category

04.25
12

Analysis of the Currency April 25, 2012

by admin ·

EUR / USD

For the trading session today might be able to open a new location if the purchase price of the exchange ratio should break the rising share of 1.3220, by fixing the first lens portion and the second lens 1.3240 1.3260 share. Should the price go down rather than up to down the share of 1.3150, then we could open a new short position with the first goal at a height of 1.3130 and 1.3110 share for the second goal.

EUR / GBP

For the trading day today we might consider opening a new long position if the price were to break the 0.8190 upside, with the first goal at a height of 0.8200 and 0.8220 share for the second goal. If the price of the exchange rate EUR / GBP would rather break the downward 0.8150, then we could open a position in sales with the first goal at an altitude of 0.8130 and 0.8110 share for the second goal.
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04.25
12

Euro zone, a very delicate

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The euro started the week down after good earnings last week, but now seems stronger again. The euro area and the concerns that the debt crisis of the region can extend even to the healthiest nations, is still a very big problem.

Analysts said that the sentiment towards the currency is bearish, because most investors are looking to sell euros, mostly on hold auction of government debt in Italy and Spain, scheduled for tomorrow.
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04.25
12

Technical analysis of forex market April 25,2012

by admin ·

Of optimism yesterday before the Fed tonight and who wins one euro ground against the dollar to return on Friday for high points in 3250. Our advice in the morning, 3220 and 3240 will be our points of strength this morning. 3250 meanwhile, will act as intermediate barrier before 3280, defending a larger increase.

Thus, sellers will benefit from waiting for the monthly meeting of the Fed on interest rates tonight to place itself on these levels. Thus, the stoploss will be over between 3250 and 3255 and 60).
Buyers in turn are placed on 3180/70 with stoploss below 3170 and between 3160 and 50. Their goals are a passage of 3250 and finally 1.33 for 3280 (3320).
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04.23
12

Analysis of the Currency April 23, 2012

by admin ·

EUR / USD

For the session today we may consider the opening of a long position in the case where the value of this exchange ratio should rise again until break upward the proportion of 1.3210, placing the first target at an altitude of 1.3230 and the second lens 1.3260 share. If the price falls to the bottom to break up the share of 1.3180, then we could open a short position with the first target 1.3160 ​​and 1.3140 second goal.
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04.23
12

Technical analysis of forex market April 23, 2012

by admin ·

Europe opens the week on a decline of parity on the area supports 3180/70. The renewed anxiety about Spain for fear that it can meet its budget commitments. Similarly, the uncertainty of the French presidential weighs about 10-year rate of France that increase. Our advice in the morning, if the end of last week could bring hope to the buyers in the near ending of 3250. It seems that it was given a further opportunity for sellers to be able to place higher.
3180/70 is the area of Media with 3150. The buyers are there but with a bearish MACD 30 mins, we’re not sure it takes and therefore only brave attempt to increase with the return objectives of 322040. However, any increase should end before 3250.
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04.23
12

USD-CHF forex analysis for the week of April 23 to 27

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T he last week, we wrote, “we will sell slightly below 0.9220/40 as the daily MACD is bullish with stoploss above 0.9245 for a return of 0.90 with targets 0.9020/40 as” And finally, the USD- CHF for the second straight week failed to 0.9220 and ended the week at 0.9087.

The sharp rise of the Eurodollar has led to declining parity with passage Friday night in 0.91. U.S. statistics mean there have been important. Now, again the future evolution of the parity will depend somewhat on the results and prognostic of the French election.
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04.23
12

Technical analysis and forex forecasts GBP-USD for the week of April 23 to 27

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The last week has, we wrote ‘A return above 5980 and more 6020/30 would allow the daily MACD bullish cross back and thus reverse the trend “and after several attempts to go under 5880/70, parity flew through good English figures from unemployment to 1.60 and then 1.61 to finish the week on 6120.

The weeks to come will be marked by the monthly meeting of the Fed on Wednesday night and the press conference of Mr. Bernanke. Until then, the price should consolidate remaining in an uptrend. Later, the U.S. announced an increase GDP is expected to submit the pound sterling at high pressure.
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04.19
12

Analysis of the Currency April 19, 2012

by admin ·

EUR / USD

For the trading session today, we might consider opening a long position if the price were to break upward the value of 1.3150, setting a first target share 1.3170 1.3190 share and as a second goal. If the price falls to the bottom to break up the share of 1.3070, we could open a new short position with the first goal at a height of 1.3050 and 1.3030 share for the second goal.
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04.19
12

How can you do the back testing a strategy?

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It ‘s essential that a trader has confidence in his trading system. Why? If confidence were to be lost, traders could no longer follow its trading system, strategy, blasting everything that worked. The process of back testing, in this sense, is designed to give greater confidence to the trader, in addition to helping the traders to familiarize themselves with the inevitable fluctuations of capital that you encounter when you open a position.

How does the back-testing of a strategy forex ?Starting from a back-test is able to offer a large amount of feedback and statistics relating to a trading system, it can be run on a mechanical or discretionary. There is a greater absolute validity of one of two approaches, because the choice depends on the system that you intend to try. One advantage of the discretionary approach is that you will be familiar with the approach of using the trading strategy.
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04.19
12

Technical analysis of forex market April 19,2012

by admin ·

The behavior of the parity is still as strange by his good held since early this week and we are consolidating in a range close between 3080/70 and 3150. Important news at 10:30 with a Spanish bond issue that will retain the attention of financial markets. Our advice in the morning, 3150 will be our strength intermediate between a return to 3080/70 and up to 3220/40. The bear is 30 mins but it is only a consolidation as can be seen on the graph. The 4am is bullish, but again there too, it was not until the consolidation is expected and 10:30.

Normally, the requirement should be taken out without problems, and relieve the euro, perhaps allowing him to return 3150 test and why not spend this point for 3180.
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