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  1. EURUSD stays in a trading range between 1.3157 and 1.3308

    by on December 27th, 2012 at 10:01 PM
    EURUSD stays in a trading range between 1.3157 and 1.3308. Another fall towards the lower line of the price channel on 4-hour chart would likely be seen. As long as the channel support holds, the price action from 1.3308 could be treated as consolidation of the uptrend from 1.2661, and another rise ...
    lulz
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  2. USDCAD stays above a upward trend line

    by on December 26th, 2012 at 08:48 PM
    USDCAD stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9824. Support is at the uptrend line, as long as the trend line support holds, the fall from 0.9953 is treated as consolidation of the uptrend, and another rise to 0.9970 is still possible. On the downside, the ...
    lulz
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  3. WaveTrend Forex Trend Trading System-A Perfect Trend Trading Suite!

    by on December 26th, 2012 at 02:49 AM
    The WaveTrend Forex Trend Trading System provides you with 3 custom indicators that have been developed to filter out the false signals and tell you when to enter and when to exit the trend for making massive pips. It comes with a detailed training manual that will teach you how you can catch the big ...
    lulz
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  4. USDCAD breaks above channel resistance

    by on December 19th, 2012 at 07:57 PM
    USDCAD breaks above the upper line of the price channel on 4-hour chart, suggesting that lengthier consolidation of the downtrend from 1.0055 is underway. Range trading between 0.9824 and 0.9920 would likely be seen in a couple of days. Resistance is at 0.9920, as long as this level holds, the downtrend ...
    lulz

    Updated December 20th, 2012 at 11:54 AM by nick74

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  5. USDCAD remains in downtrend from 1.0055

    by on December 18th, 2012 at 08:44 PM
    USDCAD remains in downtrend from 1.0055, the price action from 0.9824 is likely consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected to resume, and another fall towards 0.9700 ...
    lulz

    Updated December 19th, 2012 at 04:10 AM by nick74

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  6. AUDUSD moves sideways in a range between 1.0507 and 1.0585

    by on December 17th, 2012 at 10:38 PM
    AUDUSD moves sideways in a range between 1.0507 and 1.0585. Support remains at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the sideways move could be treated as consolidation of the uptrend from 1.0287, and another rise to test 1.0624 (Sep 14 high) ...
    lulz

    Updated December 18th, 2012 at 04:28 AM by nick74

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  7. AUDUSD has formed a cycle top at 1.0585

    by on December 16th, 2012 at 09:27 PM
    AUDUSD has formed a cycle top at 1.0585 on 4-hour chart. Sideways movement in a range between 1.0500 and 1.0585 would likely be seen. Key support is located at the lower line of the price channel, as long as the channel support holds, the price action from 1.0585 is treated as consolidation of the ...
    lulz
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    Fx
  8. AUDUSD pulls back from 1.0585

    by on December 13th, 2012 at 10:19 PM
    Being contained by 1.0624 (Sep 14 high) resistance, AUDUSD pulls back from 1.0585, suggesting that a cycle top is being formed on 4-hour chart. Range trading between 1.0500 and 1.0585 would likely be seen in a couple of days. As long as the channel support holds, the fall would possibly be consolidation ...
    lulz

    Updated December 14th, 2012 at 03:56 AM by nick74

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  9. EURUSD runs out of Steam

    by on December 13th, 2012 at 08:16 AM
    After a nice run up yesterday the EurUSD seems to have started to retrace. I wonder if that is related to the similar action in Gold or if it is just a time of consolidation
    lulz
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    ????   Charting Software And Datafeed-davem-snag-00182-jpg  
  10. USDCAD stays below a downward trend line

    by on December 12th, 2012 at 09:40 PM
    USDCAD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0055, and the fall extends to as low as 0.9844. Further decline could be expected after a minor consolidation, and next target would be at 0.9800 area. Initial resistance is at 0.9880, and the key resistance ...
    lulz
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  11. Binary Options 101 - The Five Minute Guide To Binary Options

    by on December 11th, 2012 at 02:47 PM
    Disclaimer - This is not a comprehensive guide but is meant as a quick introduction to the world of binary options. It is not a recommendation to trade using this method of financial investment but is simply designed to provide a 'teaser' for those people who would like to find out more.
    ...
    lulz

    Updated December 12th, 2012 at 03:16 AM by nick74 (links are not allowed. Please use signature instead.)

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  12. Three examples of Regular Divergence on EURUSD daily chart

    by on December 9th, 2012 at 06:04 PM
    On this diagram are illustrated three instances of regular bearish divergence using three different indicators - CCI, Macd, Stochastic.

    Considering that in this instance three indicators are indicating a bearish condition, we can be sure that EURUSD is going to move lower in the near ...
    lulz
    Tags: divergence, forex
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    ????   Click image for larger version

Name:	daveM - SNAG-00136.jpg
Views:	273
Size:	115.5 KB
ID:	32684  
  13. EURUSD Divergence on daily Chart

    by on December 9th, 2012 at 03:59 PM
    There is Bearish Regular Divergence on the daily chart for this pair whioch appears to be resulting in a downward move.
    lulz
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  14. EURUSD may be forming a cycle top at 1.3125

    by on December 5th, 2012 at 08:40 PM
    EURUSD may be forming a cycle top at 1.3125 on 4-hour chart. Range trading between 1.3000 and 1.3125 would likely be seen in a couple of days. Support is now located at the lower line of the price channel, as long as the channel support holds, the fall from 1.3125 could be treated as consolidation ...
    lulz

    Updated December 6th, 2012 at 11:44 AM by nick74

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  15. Australian Dollar sitting on Ichimoku support

    by on December 5th, 2012 at 05:38 PM
    Which chart time period do you use?-davem-snag-00113-jpg

    The pair is attempting to break through the support of the Ichimoku cloud. It will be interesting to see what the next few days will bring for this forex pair. The AUDUSD has been attempting to go higher for a few months and perhaps has backed off considering ...
    lulz
    Tags: forex, ichimoku
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  16. AUDUSD breaks above channel resistance

    by on December 4th, 2012 at 10:19 PM
    AUDUSD breaks above the upper line of the price channel on 4-hour chart, suggesting that the fall from 1.0488 has completed at 1.0392 already. The pair is now facing 1.0488 resistance, a break above this level will confirm that the longer term uptrend from 1.0149 (Oct 8 low) has resumed, then further ...
    lulz
    Categories
    Fx
  17. AUDUSD stays in a downward price channel

    by on December 3rd, 2012 at 09:54 PM
    AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.0488. Initial resistance is now at the upper line of the channel, as long as the channel resistance holds, the downtrend could be expected to continue, and the target would be at 1.0350 area. Key resistance ...
    lulz
    Categories
    Fx
  18. USDCAD moves sideways in a narrow range between 0.9905 and 0.9960

    by on November 29th, 2012 at 09:43 PM
    USDCAD moves sideways in a narrow range between 0.9905 and 0.9960. The price action in the range is likely consolidation of the downtrend from 1.0055. Resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected ...
    lulz
    Categories
    Fx
  19. USDCAD remains in downtrend from 1.0055

    by on November 28th, 2012 at 09:02 PM
    USDCAD remains in downtrend from 1.0055, the bounce from 0.9905 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected to resume, and another fall to test 0.9874 ...
    lulz
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    Uncategorized
  20. USDCAD rebounds from 0.9952

    by on November 22nd, 2012 at 09:54 PM
    Being contained by the support of the the lower line of the price channel on 4-hour chart, USDCAD rebounds from 0.9952, suggesting that a cycle bottom is being formed. Resistance is at 0.9995, a break above this level will indicate that the uptrend from 0.9632 (Sep 14 low) has resumed, then further ...
    lulz

    Updated November 23rd, 2012 at 02:41 AM by nick74

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    Fx
  21. USDCAD is facing channel support

    by on November 20th, 2012 at 09:00 PM
    USDCAD is facing the support of the lower line of the price channel on 4-hour chart, a clear break below the channel support will suggest that the trend from 0.9632 (Sep 14 low) has completed at 1.0055 already, then deeper decline to test 0.9874 key support could be seen. On the upside, as long ...
    lulz
    Categories
    Fx
  22. USDCAD breaks below 0.9980 support

    by on November 19th, 2012 at 10:39 PM
    USDCAD breaks below 0.9980 support, suggesting that a cycle top has been formed at 1.0055 on 4-hour chart. Further decline would likely be seen, and next target would be at the lower line of the price channel on 4-hour chart. As long as the channel support holds, the fall from 1.0055 could be treated ...
    lulz

    Updated November 20th, 2012 at 04:33 AM by nick74

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    Fx
  23. AUDUSD bounces from 1.0287

    by on November 18th, 2012 at 09:15 PM
    AUDUSD bounces from 1.0287, suggesting that consolidation of the downtrend from 1.0480 is underway. Key resistance is located at the upper line of the price channel on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to resume, and another fall towards 1.0200 ...
    lulz
    Categories
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  24. EURUSD??????s bounce extends to as high as 1.2801

    by on November 15th, 2012 at 09:07 PM
    EURUSD??????s bounce from 1.2661 extends to as high as 1.2801, and is now facing the resistance of the upper line of the downward price channel on 4-hour chart. As long as the channel resistance holds, the bounce could be treated as consolidation of the downtrend from 1.3138, and another fall towards ...
    lulz

    Updated November 16th, 2012 at 02:55 AM by nick74

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    Fx
  25. GBPUSD continues its downward movement from 1.6174

    by on November 14th, 2012 at 08:52 PM
    GBPUSD continues its downward movement from 1.6174, and the fall extends to as low as 1.5836. Resistance remains at the downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could be expected to continue, and next target would be at 1.5800 area. On the upside, ...
    lulz
    Categories
    Fx
  26. AUDUSD stays in a upward price channel

    by on November 13th, 2012 at 09:00 PM
    AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.0236, and the price action from 1.0480 is treated as consolidation of the uptrend. Support is located at the lower line of the price channel, as long as the channel support holds, the uptrend could be expected ...
    lulz
    Categories
    Fx
  27. USDJPY remains in the short term downtrend from 80.67

    by on November 12th, 2012 at 09:58 PM
    USDJPY remains in the short term downtrend from 80.67, the rise from 79.07 would possibly be consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 78.80 area. However, the fall from 80.67 is likely consolidation of the longer term uptrend ...
    lulz
    Categories
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  28. AUDUSD stays above a upward trend line

    by on November 11th, 2012 at 09:25 PM
    AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.0236. Key support is at the trend line, as long as the trend line support holds, the fall from 1.0480 could be treated as consolidation of the uptrend, and one more rise towards 1.0500 is still possible after consolidation. ...
    lulz

    Updated November 12th, 2012 at 01:41 AM by nick74

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  29. AUDUSD remains in uptrend from 1.0236

    by on November 8th, 2012 at 09:33 PM
    AUDUSD remains in uptrend from 1.0236, the fall from 1.0480 could be treated as consolidation of the uptrend. Support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to resume, and another rise towards 1.0500 is still possible after ...
    lulz
    Categories
    Fx
  30. GBPUSD moves sideways between 1.5913 and 1.6178

    by on November 6th, 2012 at 08:50 PM
    GBPUSD moves sideways in a range between 1.5913 and 1.6178. Another fall to test 1.5913 support would likely be seen, a breakdown below this level will signal resumption of the downtrend from 1.6309, then deeper decline to 1.2800 area could be expected. However, as long as 1.5913 support holds, ...
    lulz

    Updated November 7th, 2012 at 02:40 AM by nick74

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  31. USDJPY stays in a upward price channel

    by on November 5th, 2012 at 09:14 PM
    USDJPY stays in a upward price channel on 4-hour chart, and remains in uptrend from 77.43, the fall from 80.67 is likely consolidation of the uptrend. Support is at the lower line of the price channel, as long as the channel support holds, the uptrend could be expected to resume, and another rise ...
    lulz

    Updated November 6th, 2012 at 01:57 AM by nick74

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  32. USDCHF- Remains In Consolidation Mode.

    by on November 3rd, 2012 at 10:53 AM
    USDCHF: With the pair closing marginally higher on the back of its previous week higher close, the risk is for a follow through to occur. However, USDCHF is trapped in a consolidation. In order for it to force further upside offensive, it will have to overcome the 0.9424 level. Above here will resume ...
    lulz
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  33. USDJPY is facing 80.37 resistance

    by on November 1st, 2012 at 11:11 PM
    USDJPY is facing 80.37 previous high resistance, a break above this level will indicate that the uptrend from 77.43 has resumed, then further rise towards 82.00 could be expected. Support remains at the lower line of the price channel on 4-hour chart, only a clear break below the channel support ...
    lulz
    Categories
    Fx
  34. USDJPY has formed a cycle bottom at 79.27

    by on October 31st, 2012 at 11:29 PM
    USDJPY has formed a cycle bottom at 79.27 on 4-hour chart. Further rise to test 80.37 previous high resistance could be expected, a break above this level will indicate that the uptrend from 77.43 has resumed, then further rise towards 81.00 area could be seen. Initial support is at the lower line ...
    lulz

    Updated November 1st, 2012 at 04:30 AM by nick74

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  35. USDJPY rebounds from 79.27

    by on October 30th, 2012 at 09:43 PM
    Being supported by the lower line of the price channel on 4-hour chart, USDJPY rebounds from 79.27, suggesting that a cycle bottom is being formed. Further rise would likely be seen and the first target would be at 80.00-80.25 area. Key support is now at 79.27, only break below this level could ...
    lulz
    Categories
    Fx
  36. GBPUSD failed to break above trend line resistance

    by on October 29th, 2012 at 11:37 PM
    GBPUSD failed to break above the resistance of the downward trend line from 1.6309 to 1.6178 and pulled back from 1.6143. However, one more rise to re-test the trend line resistance would likely be seen, a break above the trend line resistance will indicate that the fall from 1.6309 had completed ...
    lulz

    Updated October 30th, 2012 at 02:48 AM by nick74

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  37. USDJPY breaks below 80.00 support

    by on October 28th, 2012 at 10:52 PM
    USDJPY breaks below 80.00 support, suggesting that a cycle top has been formed at 80.37 on 4-hour chart. Range trading between 79.25 and 80.37 would likely be seen in a couple o f days. Key support is at the lower line of the price channel, as long as the channel support holds, the fall from 80.37 ...
    lulz

    Updated October 29th, 2012 at 04:10 AM by nick74

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  38. GBPUSD: Bear Threats Remain

    by on October 24th, 2012 at 06:45 AM
    GBPUSD: With the pair breaking and holding below the 1.5976 level, the risk of further weakness cannot be ruled out. Though seen taking back some of those losses in early trading today, it continues to remain vulnerable. Support lies at the 1.5911 level with a cut through there opening the door for ...
    lulz
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    Uncategorized
  39. EURUSD pulled back from 1.3138

    by on October 22nd, 2012 at 09:57 PM
    Being contained by 1.3171 previous high resistance, EURUSD pulled back from 1.3138, suggesting that a cycle top has been formed on 4-hour chart, and lengthier consolidation of the uptrend from 1.2042 (Jul 24 low) is underway. Deeper decline would likely be seen, and next target would be at 1.2900 ...
    lulz
    Categories
    Fx
  40. USDCHF break above 0.9270 resistance

    by on October 21st, 2012 at 10:52 PM
    USDCHF break above 0.9270 resistance, suggesting that a cycle bottom has been formed at 0.9214 on 4-hour chart, and lengthier consolidation of the downtrend from 0.9971 (Jul 24 high) is underway. Further rise would likely be seen and next target would be at 0.9350 area. Support is at 0.9214, only ...
    lulz

    Updated October 22nd, 2012 at 03:49 AM by nick74

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