The New State of Usdcad - forex robot trader reviews ea

The New State of Usdcad ~ forex robot trader reviews ea

I have maintained a very bullish bias of Usdcad and price has not given me any reason to think otherwise. 

The last forecast I posted on this pair on 14th November about a double zigzag complex correction gave me some nice 140pips, though I aimed more.

 Price closed the second part of that trade at 80pips. Not bad for a corrective trade.

This market is amassing momemtum to fly high.

Going by the long term, weekly chart, price is in wave 5 of an impulsive move which has the ability to soar to 1.1850 (100% of wave 1- equality ratio) or 1.2700 ( 1.618% of wave 1).

Going by the 4 hour chart, the recent downside correction could be the wave 2 of the expected impulsive wave 5 to complete the last motive wave before we look for a bearish move properly.

The intraday chart figured a flag pattern consolidation, which if broken upside should support the bullish bias.

If flag is broken upside, I will see you in 1.1850.

I will update you as price reveal its movement.

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Forex Trading Perspective Trends Finding New Opportunities - platinum forex trading group review

Forex Trading Perspective Trends Finding New Opportunities ~ platinum forex trading group review

Forex Trading: Perspective, Trends & Finding New Opportunities
Jim Martens shares key insights into trading currencies with the Wave Principle

By Elliott Wave International

In this brand-new video interview, EWI Senior Currency Strategist Jim Martens shows you his approach to the forex markets -- and how the "simplicity" of Elliott wave analysis has guided him through 23 years of forecasting.
Watch this new interview -- and follow the link below the video to learn how to get a full week of his currency forecasts - FREE - during Forex FreeWeek (Nov 4-11).

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This article was syndicated by Elliott Wave International and was originally published under the headline Forex Trading: Perspective, Trends & Finding New Opportunities. EWI is the worlds largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

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Nzdcad The Long Term Correction Upside Is Not Over - trading signals in forex

Nzdcad The Long Term Correction Upside Is Not Over ~ trading signals in forex

The weekly chart above shows the activities of price from 0.6908 to 0.9675 and back to 0.8111. Price is in a long term bullish move. The rally is corrective and is projected to continue to 1.0861. Quite long...huh?

The projected corrective pattern is a double zigzag .

The recent dip in the 4hr chart below is a double zigzag correction which is projected to end at 0.8895-0.8750 before the rally continues.















If price advances and breaks above 0.899, there will be a good buying opportunity.

Price can alternatively, as shown in the 15min chart below, dip further to 0.88 regions and it will be good to look for buying signals
























You can watch the video of this analysis below






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NzdJpy Forecast Many opportunities abound - forex trading signals mt4

NzdJpy Forecast Many opportunities abound ~ forex trading signals mt4

On the weekly chart, there is an emerging flat pattern which can make this pair drown in many years to come.
There are so good opportunities that are inherent.
Price is expected to continue the current dip till it retraces at a level shown in the video.

Watch the video and you may position yourself  for good profits.
If you want me to alert you, you can subscribe to my mailing list or ask for my signal service.

 

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Flag formation to shoot Gold up - forex trading made ez review

Flag formation to shoot Gold up ~ forex trading made ez review

On 11th November, I speculated an upward movement of Gold and on 13th , I posted an update---analysis of the brief intraday correction pattern downside before the movement upward began.

I cashed out 320 pips on half of my position while the rest is opened to ride the bullish move upward.

Presently on the intraday level, there is a formation of a consolidation flag pattern which is expected to break upside after which further upside move will happen.

If the flag formation is broken upside as expected, there is a strong possibility of reaching level C indicated in the chart . 

The level C is a confluence level for 161.8% extension of wave A from B, 31.8-50% retracement of the last impulsive 5-wave bearish trend that I discussed on 11th , and the flag extension.

I will add to my position as soon I discover that the flat is broken upside.
I will keep an update here.

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