Forex Trading Blog

How To Create A Good Business Plan

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A business plan is an essential document for any company to function properly. The owners, executives and managers need use this plan so that they get the desired results. This document can also be a basis for attracting investors or could be used for a loan application from any financial… Read more..

“Domestic chip companies benefited from the early years of development was mainly the rise of the domestic mobile phone manufacturers. Because users buy the first phone will first consider the price issue, however replacement, the user experience requirements for the use of relatively high. Therefore, the domestic mobile phone when… Read more..

Have you have heard the expression positive politics? Yes, politics in the work environment can be positive! Read more..

A Janitorial business is referred to as a well paid and at the same time a steady business which generally involves night shift on a contract basis. Out here you carry out a certain services and get paid by the client in exchange 0f the offered services. In recent time Read more..

I finally closed this trade with +200 pips. The target wasn’t reached and price rebounded to north hitting my trailling stops. Below is the new trading idea based on today’s data. Mizuho’s technical analysis: Market is sideways. Suggested strategy is to attempt long (buy) at 1.5880; stop below 1.5400. First target 1.6000. Danske’s technical analysis: Market is sideways. Suggested [...]

I finally closed this trade with +200 pips. The target wasn’t reached and price rebounded to north hitting my trailling stops. Below is the new trading idea based on today’s data.

Mizuho’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) at 1.5880; stop below 1.5400. First target 1.6000.

Danske’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) if price breaks 1.6675 with first profit target at 1.7235. Place the stop at 1.5585 or change trade direction if price breaks it. Profit target for this sell (short) entry is 1.5400.

Ino MarketClub’s Trend analysis:
Strong Down Trend (score -100)

At the time I wrote this, gbp/usd price was ranging around 1.5890. My plan is to place long order if price breaks 1.6000 The stops will be at 1.5900 and trailled. I will place short order if price breaks 1.5500. Stops for this short order will be at 1.5585 and trailled.

Please note that this is just a trading idea, I do not execute trade solely based on this. I write this in purpose to show you (especially novice traders) about how I make use of the free technical analysis data for my intraday trading.