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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

All Posts (410)

"British house prices rose at their fastest annual pace in more than nine years last month, and prices in London have shown their biggest jump in a generation, figures from mortgage lender Nationwide showed on Wednesday.

House prices rose by 1.0 percent on the month in June after a 0.7 percent rise in May, taking the annual rate of increase to 11.8 percent – the biggest rise since January 2005."

Ref Click here for the full news report

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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…

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Bitcoin And Its Crossroad

BTC/USD is currently testing its 2 months lows. There are as always, three possibilities. Either it will go up, down or sideways. For now, let's think about the two, up and down.

Boucing off and holding important level of $6,000 seems like we can hold it for longer. Important to note that this level has also been refused several times. Should therefore be the HODLERs happy with the current situtation? No. The trend is still pointing down and if we can break the $6,000 level, it will get worse and leveraged people shorting this market at BitMEX, Kraken and other exchanges allowing either short or short-sell will definitely decimate your long positions.

Needless to say, this level is not just Bitcoin crossroad, it is a crossroad for all altcoins as their returns against fiat currencies are highly correlated to what happens on this lovely BTC/USD pair.

 …

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EURUSD GBPUSD AUDUSD | Now we are Free

Technical Analysis EURUSD GBPUSD AUDUSD | Now we are Free (but we always have been)

5 time frames are analysed for each pair and the bias is then posted. If the market bias is still being upheld despite a move against the bias, then it will still be regarded as bull or bear…

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#nzdusd followup post Rate decision

Mind the gap

I hope this finds you well.

I see scope for further gains to 1st fib ext target 7250 however If it makes it that far after or during CNY data I am mindful of the gap which resides at indicated retracement level of greater range. A dream would be rush to 7250 fall back and retracement after midnight when mumbai comes on and then continue to second target 161.8 once London comes about. Baah however be just as glad of filling the gap first and then continue

That is a lot of movement for nzdusd in one day much less one night and in Asia

Notes to self

Stay nimble

go with the river

roll stops often 

focus on keeping what has been gained

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8 range bar charts and zoomed out daily…

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Forex Currency Technical Analysis for EURUSD "I trade what I see because I am not smart enough to think" - By Sir Gissachance

Not entirely sure why this type of post used to upset the CEO, Admin, educators and sheeple in general at FXbackstreet. However, it was not aimed at those FX quacks, quack leaders, quack followers, FX dummies and so on, no, it was meant as fun and educational and to be shared with the good guys in life. I suspect things like humour, understanding, FX knowledge and common sense were severely lacking…

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Gbp-Jpy Trade

Current Gbp-Jpy trade.

Analysis: 

-Daily frame primed in bull mode, wait and watch for dynamic and static S&R to be breached. Pattern = Inv H&S

- S&R breached, first entry taken.

- Wait and watch to see if a second entry could be taken, again waited for breach of the bull flag and rising channel. 

-Needless to say Daily, 3H, 1H and 15min all lined up for the long. Spoke about this trade before it happened and fired a "shout out" to place this pair on the watch list for longs. Hope some of you caught some "pipage" on this pair. ISS applied. 

 

Note:

Analysis is helpful to share and thats what the site is about, amongst other things, but we trade our own plans. I also had a few other pairs on the watchlist which have not…

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1000 pips while I slept!

I have been out of the loop for a spell. Picked at the data for gold (that seems to be my kryptonite and yet still worth playing) today I am up 1k pips just because I decided to jump in both feet first.

Trust the data and your gut.

I'm also 160 pips ish up on gbp/usd just because I think trump is going to take his currency into the toilet with him. 

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Is Trading Written in the ForeXmos S.T.A.R.'s ?

Originally Posted 5th March 2013 at 1130 Hrs and one of many Forexmospherian posts banned by our old friends back in the day.

As requested, this Foreign Exchange post has been brought back to the Blogsmosphere and is now dedicated once again to all dear friends and fellow Traders and Forexmospherians who came with us from Forexstreet and for others who have joined in from other Forums. Hopefully the Forex charts and descriptions help everyones' journeys.

Some further archived charts may be uploaded…

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