September 2016 - Forex Trading For Profit

FOREX TRADING FOR PROFIT

Month: September 2016


Technical Analysis market outlook 9-25-16

Technical analysis

No ratings yet. NZD/USD Technical Analysis We will start off with the Kiwi which is one of my favorite pairs. With only 5 days left on the M1 chart, price has been rejected off the long term resistance level of .74590 back in February 2005. (see chart).  We will wait and see how the rest of Read the full article…



AUD/USD Live trade Update

AUD/USD live trade

No ratings yet. AUD/USD Profit target not reached AUD/USD daily set up September 16, 2016 Update Rectangle break AUD/USD live trade up date  The anticipated take profit zone has struggled to reach its targeted forecast.  live trades were close out for around 40 pips in total. I will explain with a bit of a run down on Read the full article…



How to Spot Forex Scams

Forex Trading Scams

5/5 (18) Learn how to spot forex trading scams The promise of easy money and turning $100 into 6 figures in weeks will always grab the attention of the vulnerable, and those looking for get rich quick schemes. It doesn’t matter how much you want it to work or how much you are convinced that this Read the full article…



AUD/USD daily set up

No ratings yet. AUD closes out of rectangle 4H Live trade update After some mixed data coming out of both the US and Australia yesterday the aussie remained consolidated in a rectangle formation which was broken out after the US released rather poor looking data and the only thing propping the Dollar up was the Read the full article…



GBP/USD- key levels to watch

No ratings yet. G/U at 1.3200 The pound has found it’s post Brexit bottom, talk of the pound a few weeks ago suggest it would fall below the 1.20’s but has failed to reach new lows since July. I had a firm belief that the low point was the lowest the pound would go just over Read the full article…



To Hike or not to Hike?

No ratings yet. Will the Fed’s Hike? Fed meeting on 22nd of September. Will the Feds’ hike, is the question just about all analyst’s and traders are asking. There has been nothing but talk about hiking rates in the US for over 9 months now which is creating a lot of uncertainty in the markets. Read the full article…



AUD/USD Bearish momentum is building

No ratings yet. Bearish out look for the Aussie Current price action is calling for further depreciation of the Australian dollar, as bearish momentum is picking up. This week we have the Australian employment data which will be a big mover for the Aussie. The unemployment rate is forecast to remain steady on 5.7% while Read the full article…



EUR/AUD Inverse Head and Shoulders

inverse head and shoulers

No ratings yet. Inverse head and shoulders set up. The current eur/aud chart as of 9-10-16 is gearing up to explode with an inverse head and shoulders pattern set up. Ideally we need to wait for the break out and candle close above 1.49100 on a 4h chart. After the ECB conference on the 8th of September  Mario Draghi Read the full article…