Awards

Forex Blog 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

forex (121)

SEKI

How things get messed up, we had a nice long USD bias until something went upside down, and now we have retracement which can go into sideways, complete turn, or just mess things up with long retracement and then again long bias.

Anyway this is more closer look on USDSEK, because there are enough looks on EURUSD

now we have what looks like giant bull flag on weekly, which can last for a long time, anyway here is a pic

we can see that we are near of the top line, breaking that would singal longs, but this here looks like situation for shorting the thing

closer look

looking at tops and bottoms (triangles) we have higher high and lower low - means sideways with tendancy to go lower since last break was lower

even closer…

Read more…

Now Don't You Chase those Pips, No, Just Relax and Let The Pips Come to You - By Sir Gissachance

Well thats the title as above but will double up as the motto for this forex blog and trading strategy so below. So taking a walk through this trade and talking about the EURAUD long, with 147 pips on the table and holding the trade taken last night. Initially setting the trap by watching this pair recoil almost like a market snake after…

Read more…

Bad Moon Rising

I see a bad Trade moon a-rising
I see Forex trouble on the way
I see earthquakes and lightnin'
I see bad Trading times of today


Don't go and Enter 'round tonight
It's bound to take your Stop Loss
There's a bad Trade moon on the rise


I hear hurricanes a-blowing
I know the Exit is coming soon
I…

Read more…

Forex Trade EURHKD 6,200 Pip Long

Technical Analysis of the Foreign Exchange Currency Pair EURHKD before going Long the market 6,200 pips.

Hopefully a few managed to wrap the 1200 pips from yesterdays alert Forex Trade EURHKD 5,000 Pip Long and got involved with this pair by at least scalping it old school.

To recap just in case this one was over looked and never made it through your Orbit out there in the Forexmosphere :…

Read more…

Forex Trade EURHKD 5,000 Pip Long

Technical Analysis of the Foreign Exchange Currency Pair EURHKD before going Long the market 5,000 pips.

I was watching this pair in a rising wedge chart pattern with a Bear bias but the actual price was positive because Bulls had the bottom with support.

Forexmospherian Currency Kraken had CBA ( Crystal Ball Analysis up to and greater than…

Read more…

Forex Trade EURNZD 190 Pip Short

How I Analysed Foreign Exchange Currency Pair EURNZD before shorting the market 190 pips.

I was watching this pair in a rising channel with a Bull bias but the actual price was negative as bears had the top.

Forexmospherian Currency Kraken had CBA ( Crystal Ball Analysis up to and greater than 1…

Read more…

USDCAD | Daily Market Technical Analysis

Current UCAD Trade 838 Pips Short

USDCAD Basic Chart Patterns, Line Patterns, Support and Resistance, SMA and what they mean to the Technical Trader.

UCAD Daily Chart Patterns

Head and Shoulders sighted = Bear

Rising Channel Sighted = Non Trading Zone for Bears…

Read more…

We have witness a really strong bull market for EURUSD so far this year. So in my view, the market has just reached the 1st half of a bigger move upwards. The market currently refused 1.2 with Head and Shoulders chart pattern, so it is more than likely that some shorting EURUSD is ahead, but caution is required as all market sentiment can revert back to the bull market at anytime.

A strong argument for EURUSD long as described in my comments to Pixta's photo post is also supported from the idea that Trump with Mnuchin want to see weaker USD, because of the US based companies' competitiveness. US Treasury Secretary Steven Mnuchin said moments ago on CNBC that "having a weaker dollar is somewhat better for trade".

In this context Trump said to Germany in May: "If you want to build cars in the world, then I wish…

Read more…

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…

Read more…

GBPAUD | Foreign Exchange Markets

GBPAUD Technical Market Analysis:

Main Trend broke the downtrend to begin a bull market.

Currently held at support and resistance which is identified on the Forex chart above.

Smaller timeframes required to day trade or scalp.

Looking for a break of s/r. Will keep a close eye for either direction breakout. 

It is possible that a great swing trade maybe setting up. These tend to be the stronger signal for position trades for a conservative trader and larger pip profits involved.

Read more…

Synchronicity in philosophy is regarded as experiencing two or more events that are causally unrelated but are experienced as occurring together in a meaningful manner. It was first described by Carl Jung in the 1920s. There are various definitions and interpretations of the theory and in places opposed or dismissed but as usual it is best to let the reader decide if and when the theory is applicable or not, naturally based upon their own experiences and lines of thought.

For me at least, Synchronicity does occur if a person was to learn to look for it and directly linking to Forex, the specifics and the importance of targeting this in Price action pattern trading for the Foreign Exchange Markets is a given, i.e A reversal followed by another reversal and a…

Read more…

EURUSD Forex Chart Patterns Long

Forex Technical Analysis with Chart Patterns, Support and Resistance, Multiple Time Frame Analysis.

EURUSD Daily and M15 Foreign Exchange Charts

EURUSD break long Daily Rising Wedge Pattern - Support 123b 1.0400, plus support 123b plus support 123b, soon after patterns for flat line = NSC in minor TF and breaks long again. Looking for scalp entry long in the minor frames and found through horizontal resistance on daily along with M15 entry pattern.

Current PA breaks the Daily wedge to indicate long.

The…

Read more…

Activity

Sir Gissachance posted a video
1 hour ago
omegaman is now friends with paul brown and Susan Wingfield Alphonsus
3 hours ago
paul brown and Susan Wingfield Alphonsus are now friends
4 hours ago
Susan Wingfield Alphonsus is now a member of Forexmospherians - Forex Traders Social Network
5 hours ago
Sir Gissachance left a comment for paul brown
yesterday
Sir Gissachance shared their video on Facebook
yesterday
Sir Gissachance posted a video
yesterday
More…