Adsense

Saturday, June 30, 2018

Long-term trading signals on NZDUSD, NZDJPY and NZDCHF (July 2018)


NZDUSD
Order: Buy
Entry date: June 29, 2018
Entry price: 0.6777
Stop loss: 0.6573
Take profit: None
Exit date: July 30, 2018
Status: Open




NZDJPY
Order: Buy
Entry date: June 29, 2018
Entry price: 75.02
Stop loss: 72.98
Take profit: None
Exit date: July 30, 2018
Status: Open


NZDCHF
Order: Buy
Entry date: June 29, 2018
Entry price: 0.6700
Stop loss: 0.6500
Take profit: None
Exit date: July 30, 2018
Status: Open

NOTE
NZD has long been weak versus major and minor currencies, and NZD pairs are extremely over-extended and thus, good candidates for reversals. The anticipated reversals can become changes in trends in certain cases or medium-term reversals which would bring nice profits for the holding period. For example, NZDJPY has reached major demand zones and its price action is showing signs of a bullish reversal.

The more the market goes in a direction, the stronger the reversal will be when it occurs. Currencies are particularly very good at reversing after they have become overbought and oversold for a long period of time.

Please don’t enter this trade without the recommended stop loss, and don’t risk more than 1% of your portfolio per trade.

More signals are coming.

RECENT RESULTS
July 2018
NZDUSD Buy, Open =
NZDJPY Buy, Open =
NZDCHF Buy, Open =

Disclaimer: Trading signals are provided for information purposes only and shouldn’t be construed as trading advice.

Source: www.tallienex.com  

  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 
                                               

Thursday, June 28, 2018

Ethereum (ETH) Daily Price Forecast – June 28

ETH/USD Medium-term Trend: Bearish
Resistance Levels : $440, $445, $450
Support Levels: $430, $425, $420
Yesterday, June 27, price of Ethereum was on a downward trend. Today, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the 12-day EMA and the 26-day EMA are above the price of Ethereum which indicates that the bearish trend is ongoing.Yesterday, the bulls had resisted the bears at the price of $420, that was why price was in a sideways trend.
The cryptoasset had been ranging between the levels of $460 and $420 since price fell to the low of $420. However, if that level at $420 had been broken, the cryptoasset would find support at $380.The relative strength index period 14 is level 38 which indicates that the market is nearing the oversold market condition suggesting bulls to take control of the market.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of Ethereum is in a bullish trend. The MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price bars of Ethereum are above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing.

The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.

Source: www.bitcoinexchangeguide.com

Wednesday, June 27, 2018

NETELLER: Why not store/save your customers’ numbers?



There are good businesses, as well as good customers.

A good businessman should know his loyal and most important customers by name.

Most importantly, it doesn’t hurt if confirmed customer’ phone numbers are stored within a business line, so that you know who’s who when they call.

The problem is: many customers change their numbers often and often. Gone are the days when you needed N35,000 to get a SIM. Now, SIMS are being distributed free. And since most people don’t appreciate what they get free of charge, they change SIMs at whims.



For example, assuming we stored a customer’s numbers as Lizzy 1 and Lizzy 2. We will recognize her anytime she calls. However, if Lizzy calls with another number she gets for a mere N150, we may not know she’s the person (and she may be offended that we don’t recognize her).

If we store that number as Lizzy 3, we may not recognize her if she calls with another number, apart from Lizzy 1, Lizzy 2, and Lizzy 3. When a customer changes numbers too often, we may give up on saving their numbers.

There are some numbers in our phones that have long been abandoned by many a customer, and we still keep the numbers.

When a customer calls and assume that we should remember their names, they should forgive us if we don’t recognize them quickly.

We can’t store all numbers. We have a limited storage space.

We love our customers and we will not betray the trust they have in us.

Perfect Money/Payeer/Epay/Neteller/Skrill: www.ituglobalfx.com.ng





Monday, June 25, 2018

Bitcoin (BTC) Daily Price Forecast – June 25


BTC/USD Medium-term Trend: Bearish
Resistance Levels: $6,200, $6,300, $6,400
Support levels: $6,000, $5,900, $5,800
Last week, price of Bitcoin had been in a bearish trend. The cryptoasset fell from $6,637.59 to the low of $6,178.09. The 26-day EMA and the 12-day EMA are also trending southward. Today, the cryptoasset is now in a sideways trend after the bearish movement last week.
Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The 26-day EMA and the 12-day EMA are above the price bars of Bitcoin which indicates that the bearish trend is ongoing. Nevertheless, the relative strength index period 14 is level 44 which indicates that price of Bitcoin is in the range bound zone.

BTC/USD Short-term Trend: Bullish

On the 1-hour chart, the bulls took control of the market from the bears and brought price above the $6,000 price level. At the $6,000 price level, the market is now in a sideways trend.
Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price bars of Bitcoin are above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Saturday, June 23, 2018

Weekly Trading Forecasts for Major Pairs (June 25 - 29, 2018)


Here’s the market outlook for the week:


EURUSD
Dominant bias: Bearish
The market swung upwards and downwards last week, without a directional movement. Nevertheless, the major bias remains bearish, and the outlook on EUR pairs is mostly bearish for this week. It is possible that price will test the support lines at 1.1600, 1.1550 (which were previously tested last week). Price may also reach the support line at 1.1500, and possibly breach it to the downside. But that will require a heavy selling pressure.

USDCHF
Dominant bias: Bearish
Price went sideways from Monday to Wednesday, and fell on Thursday and Friday, corroborating the outgoing bearish outlook on the market. Both USDCHF and EURUSD are currently bearish: But protracted bearish pressure on the latter may help a bullish signal to be generated on the former. There are support levels at 0.9850 and 0.9800. There are also resistance levels at 0.9900 and 0.9950.

GBPUSD
Dominant bias: Bearish
In the context of a downtrend, price went further southwards, shedding 160 pips and almost testing the accumulation territory at 1.3100. There was an upwards bounce on Thursday, but that would be an opportunity to sell short at higher prices (unless the distribution territory at 1.3400 is breached to the upside). GBP pairs (as well as other major pairs) will experience high volatility this week, and also in the first week of July.


USDJPY
Dominant bias: Neutral
The long-term bias is bullish, but the short-term bias is bearish. Throughout last week, price meandered between the demand level at 109.50 and the supply level at 111.00. Should price continue to move within the confines of the aforementioned demand and supply levels, the short-term bias would remain neutral. Once the confines are breached, a directional movement will resume, and it could most likely favor bulls.

EURJPY
Dominant bias: Bearish   
Just like its USDJPY counterpart, this cross mostly ranged last week (though the recent bias on the market is bearish). For the ranging movement to end, it is either price will breach the demand zone at 127.00 to the downside (going further downwards), or price would need to breach the supply zone at 129.00 to the upside (going further upwards). One of these conditions must be met for the bearish bias to be supported or invalidated; otherwise the trend would become neutral.

GBPJPY
Dominant bias: Bearish  
This cross underwent a heavy selling pressure on July 18 and 19, but bulls pushed price upwards on July 20 and 21. There remains a Bearish Confirmation Pattern in the market, and it would be invalidated only when price moves upwards by 500 pips from here. On the other hand, price could continue falling towards the demand zones at 145.00, 144.50 and 144.00. Price could even go further downwards than that.

 This forecast is concluded with the quote below:

“Trading is a process-oriented endeavor for those who are serious about becoming and remaining a consistently successful trader.” – Dr. Woody Johnson




Friday, June 22, 2018

Edenville – a false bullish breakout


Edenville stock (LSE:EDL) has experienced what can best be called a false breakout.. The major bias is bearish, and thus, the current bullish breakout could end up being a temporary rally in the context of a downtrend.

Price is above the EMA 11 but it is yet to close above it. Should price close below it, the recent bearish bias on the market will be confirmed. Should price close below it, it would harbinger a clean bullish signal.


The Williams’ % Range period 20 is shooting upwards, but it is not yet in the overbought region.
 The probability of the Williams” % Range period 20 going back into the oversold region is very high.

The outlook on Edenville remains bearish. The market would soon go southwards again, following the ongoing false bullish breakout.


Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng

Greatland Gold Soars!


Greatland Gold shares (LSE:GGP) are currently soaring, following a frustrating and boring period of trendlessness (January – June 2018). Price soars, thus ending the long-term ranging movement.

The ADX period 14 is above the level 40, showing a very strong momentum. The DM+ is above the DM-, meaning that bulls reign.

The MACD default parameters has its signal lines and histogram above the zero lines. That shows a Bullish Confirmation Pattern in the market. Things are supposed to keep on going northwards.

A “buy” signal has already been generated in the market, and this could just be the beginning of a long-term bullish journey, which ends the recent frustrating base that has been formed in the market.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 
  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng



Thursday, June 21, 2018

Litecoin (LTC) Daily Price Forecast – June 21


LTC/USD Medium-term Trend: Ranging


Resistance Levels: $100, $102, $104
Support Levels:$96, $94, $92
Yesterday, June 20, price of Litecoin was in a sideways trend but closed trading at a price of $97.60. Price reached the top of the upper band of the Bollinger Bands and it fell. Bollinger Bands acts as a resistance  and a support in the market. Meanwhile, the MACD line and the signal line are neither above nor below the zero line indicating a neutral signal.

Also, price of the cryptoasset is neither above nor below the 12-day EMA and the 26-day EMA indicating that the market is ranging. The relative strength index period 14 is level 50 indicates that price of Litecoin is in the range bound zone. The price of a cryptoasset is likely to continue its range bound movement between the levels of $100 and $90.

LTC/USD Short-term Trend: Bullish

On the 1-hour chart, the price of Litecoin rose and reached the upper band of the Bollinger Bands. Bollinger Bands acted as a resistance to the price and it fell. Nevertheless, MACD line and the signal line are above the zero line indicating a buy signal. Also, price of Litecoin is above the 12-day EMA and the 26-day EMA indicating that the bullish trend is ongoing.

The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.


Monday, June 18, 2018

Ethereum (ETH) Daily Price Forecast – June 18

ETH/USD Medium-term Trend: Bearish

Resistance Levels : $500, $505, $510
Support Levels: $485, $480, $475
Price of ETH/USD pair was also in a bearish trend. The asset was trading at $520.92 and later fell the low of $460.78. From the 4-hour chart, price touched the lower Bollinger band and also at the second low. This gives the asset a buy signal. Nevertheless, the MACD line and the signal line are neither above nor below the zero line indicating a neutral signal.
In addition, the 12-day EMA and the 26-day EMA are neither below nor above the price of the asset indicating a neutral signal. However, from the price action, the asset had been in a range bound movement.Meanwhile, the relative strength index period 14 is level 45 indicates that price is in the range bound zone.


ETH/USD Short-term Trend: Bearish

On the 1-hour chart, price of Ethereum is in a bearish trend. The MACD line and the signal line are below the zero line indicating a sell signal. In addition, the 12-day EMA and the 26-day EMA are above the price of the asset which indicates that the bearish trend is ongoing.


The views and opinions expressed here do not reflect that of BitcoinExhangeGuide.com and do not constitute financial advice. Always do your own research.
Source: www.bitcoinexchangeguide.com        

Saturday, June 16, 2018

Weekly Trading Forecasts for Major Pairs (June 11 - 15, 2018)


Here’s the market outlook for the week:


EURUSD
Dominant bias: Bearish
The market began the current strong bearish movement in April. This month (especially from early June), price consolidated till June 14, before the large pullback we are currently witnessing. The large pullback has put more emphasis on the dominant bearish bias; thus price is expected to go further southwards this week, reaching the support lines at 1.1600 (an easy target), 1.1550 and 1.1500.



USDCHF
Dominant bias: Bearish
This pair is bearish in the long-term, but bullish in the short-term. It is somewhat weird that both USDCHF and EURUSD have been bearish for some time, but the situation seems about to change. On June 14, there was a sudden bullish breakout, which was strong enough to bring about a short-term bullish signal. There is a possibility that price could keep on going northwards this week, reaching the resistance levels at 1.0000 (an important level), 1.0050 and 1.0100. However, an exceptionally strong buying pressure would be needed for the resistance level at 1.0100 to be reached.


GBPUSD
Dominant bias: Bearish
In the first week of June, Cable consolidated in the context of a downtrend. The same thing happened last week…. before the bearish movement that occurred on Thursday, which points to bears’ supremacy. The weakness in the market is currently visible and since the outlook on GBP pairs is bearish for this month, further southwards movement is expected, which would enable price to reach the accumulation territories at 1.3250, 1.3200 and 1.3150.

USDJPY
Dominant bias: Bullish
USDJPY managed to go upwards last week, and it was able to close above the demand level at 110.50 on Friday. There is a Bullish Confirmation Pattern in the market, which points to the possibility of price going towards the supply levels at 111.00, 111.50 and 112.00. Nonetheless, the further northwards the market goes, the greater the potential of a strong pullback, which can happen before the end of the week.  


EURJPY
Dominant bias: Bearish   
The pullback that occurred on April 14 points to the fact that bears are still a force to reckon with. The major bias on the market is bearish, and since EUR is currently weak, price is supposed to continue moving downwards. The outlook on JPY is bearish for this week – another factor that may contribute to continuous weakness in the market. The next targets are the demand zones at 128.00, 127.50 and 127.00.

GBPJPY
Dominant bias: Bullish  
This trading instrument simply moved in a range last week. Price ranged between the supply zone at 148.00 and the demand zone at 146.00. This week, either the supply zone or the demand zone would be breached forcefully as price assumes a strong, directional movement. The most likely direction is bearish (which may invalidate the extant bullish bias), and that may enable price to reach the demand zones at 146.50, 146.00 and 145.50.

This forecast is concluded with the quote below:

“Regardless of time frame and date, a chart is a chart. The only thing that really changes over the years is how you manage what you see. As long as human beings trade a market, human emotional reaction to the movement of price will cause certain patterns to form.” – Joe Ross


  

  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 
                                                




Friday, June 15, 2018

The major reasons why suicide traders don’t use stop loss?


Note: This article shows why the use of stop loss is 100% mandatory, despite what suicide traders (who call themselves professionals may say). This article comes from someone with over 60 years of experience in various financial markets.




Would you ever think of jumping out of an airplane without a parachute? Of course not, but that's what some people do when they trade the markets. They are very willing to put their money on the line, but they don't have much to protect them from a major disaster. Placing a stop, for example, can prevent you from allowing a small loss to turn into a big one, but many traders avoid placing stops. Why do some traders take risks by not placing stops? It can be difficult to know where to place a stop. If you fail to account for volatility, you will get stopped out too soon. Other people are afraid to place stops. Placing a stop requires you to consider the worst-case scenario, and to many, it's difficult to consider failure. It's easier to deny the potential problem, and to pretend it will not possibly happen. Many experts, however, suggest placing stops. They know that nothing is certain when trading the markets. They view protective stops as a kind of insurance policy that prevents a catastrophic loss.

One seasoned trader I talked to, says "I never take a trade without knowing my stop. When I take a trade, I'm pretty convinced it's something worthwhile. I've already figured out my stop. I've accepted the (potential) loss before I ever clicked the button or made the call. So if it starts going against me, I don't feel a flood of emotions." For that trader, stops not only protect him from losses, but they help him control his emotions. Stops give him a feeling of security, and allow him to feel calm and relaxed.

Experienced traders may use stops all the time, but even the most experienced traders have difficulty following them. For example, one trader I know, admits, "I've blown stops and it's painful. The weird thing is that money does not seem to be driving it. Afterwards, I sit and try to analyze the incident. I certainly knew better. I believe trading is something of a self-journey. It involves learning about your character, your self-control, and your ego."

Still another trader also admits he blows his stops: "Sure. That happens all the time. There's nothing I can do about it. That's one of challenges that continue to engross me. Do you hold them or do you fold them? If you fold a long position and prices go up, you get angry because you made a mistake. If you hold a long position and prices go down, you become angry again. Nevertheless, you have to stay focused on what's going on and learn from the experience and try to apply it to the future. You're going to take your lumps in the market."

Even though stops are difficult to set and difficult to keep at times, they are an essential component of risk management. Losses are commonplace in trading. As hard as it is to focus on losses, they are impossible to avoid. Rather than avoid thinking of the worst-case scenario, face it head on. Figure out what could go wrong and where you can place a stop to protect you from a huge financial loss. In the long run, you'll find you will limit losses and trade more profitably.

Author: Joe Ross
Source: TradingEducators.com


The note below ends this piece.

“So, what is a trader to do?  Well, one of the things to do is to re-evaluate the way you envision the markets and your relationship to loss.  What you want to develop is an I don’t care attitude regarding your trading.  You must look at the markets as being exactly what they are, totally unpredictable.  No matter how good a level looks, it is not a foregone conclusion that any particular outcome is definite.  What we look for is the high probability trade. There are times when the probability may get very close to 100%, but no matter how close it gets it can never be 100%.  This means that whenever you enter a trade you must embrace it as a possibility for loss. When you do this, it detaches you from the loss potential because you are prepared for it.

Of course, you already have begun this process whether you realize it or not.  You have put in a hard stop! This is imperative. The stop’s first and main job is to protect your capital.  If your capital is gone you cannot trade, so it follows that this is the most important part of your trading; and, of course it is derived from an appropriate risk calculation.” – Dr. Woody Johnson (Source: TradingAcademy.com)


www.tallinex.com wants you to make money from the markets.


  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521