Member's Login

NonySqueak News:

EURUSD Rally Exhausted
[2017-07-27   06:55 GMT]

Bloomberg euro technical chart indicates signs of peaking, and even raising the risk of a correction versus the dollar after climbed to a 30-month high Wednesday. That may seem hard to fathom after traders said the Federal Reserve policy meeting left them with a dovish outlook, but some popular market gauges suggest taking a closer look.

Elliott Wave and Fibonacci analysis suggest that the euro may be nearing a top. The Elliott Wave study is close to completing the fifth wave of a price appreciation sequence that began Jan. 3. In theory, the euro should subsequently enter the first phase of a three-wave drop.

A five-year snapshot of the euro shows Fibonacci resistance at $1.1736, the 38.2 percent retracement from this year’s low to the May 2014 high of $1.3993. Looking further back, $1.1685 is the 23.6 % retracement level off the all-time high of $1.6038.

Scaling GBPJPY Journey
[2017-07-27   06:20 GMT]

There is a nice ascending triangle on the 4hr chart of GBPJPY since Oct 2016. Clear close, better be weekly one, and the cross should overshoot towards the stars, but please take profit once near the moon. It is a very long journey that should correct or retrace in full the avalanche of last year, almost a year ago, date: Brexit referendum, June 23, 2016

Going short term, a close above yesterday high should force the resistance at 147.77 to be collapsed, targeting 148.80. Close below 144 negates the short cycle vision.

Copper On Tear,
[2017-07-26   09:06 GMT]

This particular base metal, or what we call in our trading chamber the CU, is printing a strong high suggesting a high demand and therefore a robust global economy ahead.

Analyzing the chart, we do perceive that the close above four in 2010/2011 is bullish. Doctor copper retraced to 75% Fib line, almost at two, and now, the climb is going to take the speed to regain 4 and above.

GBPUSD Fragile North,
[2017-07-25   07:11 GMT]

Sterling market rallied up to the 61% Fib line of the plummet that started at 1.3125. This rally looks like a bearish flag in the short time frame. Worth the watch for southing further!

4Hr Bitcoin,
[2017-07-25   06:54 GMT]

Cryptocurrency had muscled its rally last week ending in what it looks like a wedge.

As long as the dip stays above 2550, and a close above 2780 is locked, only then we can boost the rally towards 3000 and above a bit.

Bitcoin & Ethereum
[2017-07-25   06:31 GMT]

The U.S. Commodity Futures Trading Commission announced Monday it unanimously approved digital currency-trading platform LedgerX for clearing derivatives.

LedgerX initially plans to clear bitcoin options, the release said.

"A U.S. federally-regulated venue for derivative contracts settling in digital currencies opens the market to a much larger customer base," Paul L. Chou, LedgerX CEO, said in a separate release from the trading firm.

"We are seeing strong demand from institutions that previously could not participate in the bitcoin market due to compliance restrictions against unregulated venues," Chou said, noting a desire for assets that aren't correlated with the broader stock market.

The firm plans to launch bitcoin options in early fall, and ethereum options "within a few months," Chou told CNBC in a phone interview. That will mark the first federally supervised options venue for bitcoin.

GBPJPY,
[2017-07-25   06:24 GMT]

Daily chart points to an ascending triangle, supported by MA50 and MA100, upsloping trendline, and the trading above 23% of the Fib since a year ago.

Those numerous supports, even the cross is in an overbought condition (not shown) will trigger an upside trend.

A break out is needed to confirm a rally reaching 61% Fib or a plummet towards an uncharted area. Till then, stay aside!

Silver Lining: Silver,
[2017-07-25   06:14 GMT]

Weekly chart points to a descending triangle.

July Crash was supported at 13.97 to retest the resistance of the downsloping trendline and the simple moving average of 200.

A break out is needed to confirm a rally or a plummet. Till then, stay aside!

Gold
[2017-07-24   13:11 GMT]

Will Gold reach beyond $1300 in less than 10 days?

ForexSurvivor Yearly Live Statement
[2017-05-28   08:25 GMT]

ForexSurvivor Yearly Live Statement crossed very simply and adequately the mega events, such as Brexit referendum and US and France elections, without losses.

ForexSurvivor Yearly Live Statement (starting February 2016 ending April 2017) yielded 4.5times using more than One Thousand trades, applying all currencies with spread less than 12 pips, Gold, Silver, Platinum, Palladium, Crude Oil, Brent, Bitcoin, Copper,  Indexes such as Dow Jones, NASDAQ, S&P500, CAC40, etc...

Forex Signals Custom-made

    In trading, we compete against some of the brightest minds in the world while fending off the piranhas of commissions and slippage. To make money in trading, you do not need to forecast the future. You have to extract information from the market and find out whether bulls or bears are in control. You need to practice money management aimed at long term survival and profit accumulation.

    Technical and fundamental trading decisions are used more than ever by large corporations, analysts, investors, & fund managers, to become a trend follower and identifying price patterns.

    One of the commandments of ForexSurvivor is to trade either technically or fundamentally to just generate too few actionable trading ideas (yes!) as it is not up to your forex humble knowledge to trade those bi-pricing-model simultaneously. Trading both then you fulfill the major players ambitions who move the forex market to get caught off guard.

                                                        Reinvigoration  

    The preference of this chapter is letting our customers select their needs. Fill in the below four questions and send them to support@forexsurvivor.com to gear up a renovation of a start.

     

    1.    Which currency you are determined to fill your board with?

           ( only two currencies are allowed )

     

    2.    How much is your investment?

           ( Account size: min $10k, max $40k )

     

    3.   What is the stoploss of the account?

           ( Min is eligible to 20% )

     

    4.    What is the name and the log in of your platform?

           ( Only ForexSurvivor Team trades the account 24 hr, 5 days. )

     

Terms: ForexSurvivor Team trades your account through your selection of the two currencies, setting account-stop at the desirable level of yours. ForexSurvivor's share is 50% of the net profit, payable at the end of each month. There is no guarantee however how many signals are launched per month. The number of signals ranges to a max of eight signals per month from a minimum of one. The ROI on this chapter varies, with no explicit dollar surroundings. The last minute says [ I have nothing to lose].

Show ↑