Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Daily Technical analysis
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Martin Kay, post: 51619, member: 25911"] [b]EUR/USD DAILY as of Thursday, 05 September, 2013[/b] [B]*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar Sell Target: 1.3187 Sell Stop: 1.3213 Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!![/B] A black body has formed as prices closed lower than open. The previous 10 candlestick bars, there are 3 white candles versus 7 black candles with a net of 4 black candles. The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 10 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 1.17%, and has been fluctuating from a high of 1.341 to a low of 1.315. The MACD is currently not in an Overbought/Oversold range and no divergence signals during the last 5 periods. The Stochastic Oscillator is currently below 20. This is an indication of an "oversold" condition. Directional Movement Indicators (DMI) and SAR signal was a SELL 5 period(s) ago. The close is currently ABOVE its 200 daily moving average BELOW its 50 daily moving average BELOW its 20 daily moving average The current market condition for Euro Dollar / US Dollar is Mildly Bullish Euro Dollar / US Dollar closed above the lower Bollinger Band by 14.3%. Bollinger Bands are 30.63% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices. [B]Technical Outlook [/B] Short Term:Neutral Intermediate Term:Bearish Long Term: Bullish [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…