Monthly Archives: August 2012

EURJPY 4hrs chart with a fakey setup for a buy

EURJPY 4hrs chart with a fakey setup for a buy

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Trade Commentary: Eurcad 31/08/2012

eurcad recovery from its extensive bearish run may have been halted at the first significant huddle at about 1.2440. Another failed attempt today at crossing that level fails setting up a pin bar. If this resistance holds, the pair could … Continue reading

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Trade Commentary: Silver 31/08/2012

We discussed extensively in our exclusive member area about the fakey with pin setup that occurred just about the resistance zone (31.30) after the break of 29.90 resistance zone. This setup could lead the metal into the previous resistance turned … Continue reading

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Forex Trade Setup: Eurjpy Daily 29/8/12

eurjpy has failed to make any real significant move since the break of previous resistance at 98.00 zone. However, it ended the day on a clear fakey with pin setup as price could only pierce this new support zone. Our … Continue reading

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Trade Setup: eurusd/gbpusd daily 29/8/12

eurusd (above) rotated into the support zone we had drawn attention to in the past 2 days, immediately seeing support off the dynamic 8 ema and launching a fakey setup in the process. We are long already on this pair … Continue reading

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Forex trade signal on eurusd earlier today

We placed a buy on eurusd as we noticed a 4 hour pin bar around support zone. The signal is inline with our analysis on this pair earlier today as we mentioned that we would be looking to take a … Continue reading

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FOREX TRADE 4HRS CHART ANSLYSIS ON NZDUSD

 

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MARKET COMMENTARY: EURUSD AND GBPUSD TUESDAY AUGUST 28TH 2012

    In our analysis yesterday, we noted that the eurusd and GBPUSD were in a bullish mood but we needed price to rotate into the new support zone and wait for appropriate price action to join in on the … Continue reading

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FOREX TRADE MARKET COMMENTARY ON EURUSD AND GBPUSD AUGUST 27TH 2012

After breaking above 1.5750 resistance level last week, the par continued to move higher until Thursday when price closed as  a bearish   pin bar  and stalled the bullish move.  this week, we expect a price action setup for a buy … Continue reading

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MARKET COMMENTARY ON GOLD AND SILVER AUGUST 27TH 2012

The precious metal after breaking above the major resistance that has  kept it in a range for nearly 2months,  saw an huge breakout  last week. With the last Friday’s  candle closing as an INSIDE PIN BAR candle, we expect price … Continue reading

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