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Forex Trendy A Forex Trend detection Software !!!

Today I decided to add one more tool to what we are doing. As you know to make decision, a quick decision & then confirming with your...

Sunday, October 14, 2012

Sep 3rd Week Forex Analysis | Forex Forecast | Forex Commentary

18-Oct-2012 => Forex Analysis | Forex Forecast | Forex Commentary

Yesterday - 
USDJPY - played a brilliant role just came near to my stop loss and then again took the up trend. Due to fear of losing money I kept  my target at the entry point & God survives me ---- It was major risk of 30$ i.e. 4%
GBPUSD - It was expected to go bullish - didn't happen - started down trend from the entry point and hit the stop loss 10$

NZDUSD - After so many pinbars in last few days  nice bullish engulfing pattern I m in for this

EURUSD - Bullish continuation - looks like now reverse/retrace move
USDCAD - Daily Berish Engulfing bar - covering previous 5 candles
AUDUSD - Super Duper  Bullish breakout from the previous level, Sorry I couldn't be part of it - Missed the rally, due to unexpected trade on USDJPY
GBPJPY - Classical - 5 days uptrend, after morning star signal :) Sorry I missed the rally
EURJPY - Classical Triangle Breakout 6 days continuous uptrend :) Sorry I missed the rally
AUDJPY - Classical UP trend of 5 days after pin bar setup last week :) sorry  I missed the rally

Forex Analysis | Forex Forecast | Forex Commentary
-  All the Pin Bars results in Bullish push EURUSD, USDCHF, USDCAD, AUDUSD,
-  EURJPY - classical triangle break out
-  EURNZD - Most awaited classical bullish break out
- NZDCAD - Triangle Breakout
- EURGBP - Classical Triangle Break out -(Cup and Handle Shape)
- EURAUD continuation of Bullish trend,
- Silver - is in retrace mode - No special movement 

- Lot many pairs has bullish trend .. we can Buy limt @ 50% of bullish
-  Mistakenly buy on usdjpy
-  Expecting GBPUSD - Go bullish here onward

Yesterday -

Forex Analysis | Forex Forecast | Forex Commentary

AUDUSD & Silver --- Went as per expectations.

- Didn't find any good trading setup 
-  EURJPY - Daily Near to Triangle Breakout -- Will wait for 2nd swing take out and then put the buy limit
- Silver -  I m looking for downtrend continuation. Will it continue to  ~31.40 mark.. untested level??  - 
- lot many pairs has pin bars on daily chart (like as - EURUSD, USDCHF, NZDUSD,  AUDUSD), but these are with in range - Does it has any importance?
- Lets wait for evening :) or today to get some Good Trading Setups 

Forex Analysis | Forex Forecast | Forex Commentary

- after Monday to Thursday uptrend - Friday Bearish Engulfing
-  Now expected to toch the previous support level (1.0150)and then if it breaks there will a stong down fall

- Similar to Morning Star
- We can expect uptrend  till the previous high

- Can be traded on H4 chart for Buy & putting a reverse order to sell?

- buy? - Need to wait for previous high level
- I m In for Buy - early  entry -

- Sell Opportunity
- Daily it looks Like Double Top

- Buy - Wait for consolidation and trade of Long

- Buy Signal
- Monrining Star

- Buy Signal

- Morning Star

- Daily Triangle formation.
- Now Buy on H4 chart above the evening star kind of pattern
- And also Sell from this position to the lower end ends of triangle of the EUR/JPY
- Look for the selling opportunity

- Buy ?

GBPCAD ******
- Buy opportunity

- sell opportunity
- consolidating daily market

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