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Market Analysis - Forexmospherians.com

Market Analysis Blog is the traders navigation page for quickly referencing the latest updates for this category and adding Market Analysis posts.

 Share your Market Analysis with the community but try to avoid just simply posting a Chart, link or video and saying this is great. Explain what makes it great or how this was useful. Sometimes the Market Analysis is crystal clear to experienced traders but they will remain a mystery to anyone not seeing what you know. So say what you enjoyed about it or describe why you made that Trade, came to that Market Analysis or set of results. 

Daniel Stasziek

EURCZK Daily Forex Technical Analysis

Daily EURCZK

The Basic Forex Technical Analysis:

Narrow Sideways Channel and entry strategy thinking along the lines that the market will eventually breakout.

Channel Breaks = Bear Market

Price Action held under 200 MA = Bear

Declining Channel Identified

Current Price Action at Horizontal Support.

NB and some Forex tips for the note book:

The Daily is the Driver. 

The Market Breaking out of the channel will have an anticipated target of the length of the original channel formed before breaking out.

50% Retracement Rule will tend apply to this strategy and pattern.

Mid time frame to correlate to the daily. M15 and below for entry/exit.

Follow the Trading Rules set out in the Trading and the Wisdom of the Crowd along with more information on Timeframes and Forex Market Analysis at Forexmospherians.com

E-mail me when people leave their comments –

Sir Gissachance (PPND)
Forex Trader and Senior Technical Analyst
Currencies USD, EUR, GBP, JPY, AUD, CAD, NZD, HKD, CHF, All.
Previous contributor and lead Trader: Secret Forex Society (SFS), IRC Forex, FXStreet, Forexmosgate, Forexmospherians.com
Market Alerts - Forex Trading and the Wisdom of the Crowd, Forexmospherian Currency Kraken.
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