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as we can notice from this image, the range indicator helped us to enter the market at a very good point and up to now we are already doing some profits...
as we can see from the pic, the pair has gone higher and higher! it is now facing another important resistance point. interestingly, more traders are now positioned short than they were yesterday (67% vs 60%)....on the other hand i think there is still a good way to go on the upside until we reach the level indicated by the range indicator (yellow line).
walmart shares rose nearly 5% in tuesday premarket trading after the retail giant reported fiscal fourth-quarter earnings and revenue that beat expectations! retailer posts best fourth-quarter sales in at least a decade!
thanks a lot david! that's what we are here for :d
i always like to read your analysis, learning a lot from these posts!
the stock has opened 8% less han yesterday's close!! .. let's see how this is going to end...
fedex price has bounced off the suggested trend line - all thanks to the positive comments (for now) emerging from the china/us summit
as per the attahached, we can see that most of the traders were wrong and in actual fact the currency pair not only crossed over the neckline, but continued heading downards... in this case we can notice that by using sentiment trading in our favour, combined with technical analysis, most of the times we should end up in the right position of the market!
hi .. for the above i just used basic technical analysis by looking at the trend and also following moving averages rule.. the trade was good as we managed to reach our target at 1.15. when you have time speak to us via the chatbox (down on the right hand side) so we can discuss further.
which hypothesis, i’m not a rofessional trader and would be interested to understand your view and assumption more in detail. thanks in advance
the "getting older" trend is, in my opinion, the one to bet on!
thanks chris for the article.
the channel line has been broken and the long operation was successful. the question now is will this continue?