29 Mar 2017

GBP/USD: Sell Stop Signal

By on 00:39
GBP/USD Current price: 1.2447

Recently, Cable has been trading upwards when last USD interest rate release we saw a positive move then the next day MPC Official Bank Rate Votes data that shows a 1-0-8 its mean 1 of them wants to increase interest rate and respectively cable test 1.26 Level. So Today I share bearish trade setup with you and keep this in your mind today Uk president trigger the article 50 and she sent a letter to European union council so might again we saw a big drop in the cable.And my signal is not 100% perfect so always use stop loss that I share with you. I recommend you take 1.5% risks per trade. 



Sell@  1.2433
TP:      1.2218
SL:     1.2557


( You can lose more than your initial deposit, for safety of equity alway use stop loss & Don't risk more than 1.5% of equity




Use Elliott theory on H4 chart. It's completed an upward Elliot wave and now in correction after completed wave C, then we focus on new downward Elliot wave.

27 Mar 2017

Coming Important Economic Events: March 27 - 31

By on 02:07
Fundamental analysis is a very deep, that drive currency Prices fundamental can be extremely powerful and useful to the Forex trader. Ahead of the coming week, tamourfx have compiled a list of these and other significant events likely to affect the markets.


Monday, March 27

1) German Ifo Business Climate (EUR)

This event releases monthly by Center of economic studies Europe.If the data come positive more than forecast then its good for currency. Last data was 111.0 forecast will 111.2 for this. Release Time ( 11:00AM +3 GMT ).

Tuesday, March 28

1) CB Consumer Confidence (USA)

This event releases monthly by The Conference Board USA.If the data come positive more than forecast then it's good for currency. Last data was 114.8 forecast will 113.9 for this. Release Time ( 05:00PM +3 GMT ).

Thursday, March 30

1) Gross Domestic Product (USA)

This event released Quarterly by Bureau of Economic Analysis USA.If the data come positive more than forecast then it's good for currency. Last data was 1.9% forecast will 2.0% for this. Release Time ( 03:30PM +3 GMT ).

2) Unemployment Claims

Unemployment claims also called Jobless Claims & Initial Claims.If the data come less then it's good for currency. This event releases weekly by Department of Labor (USA). Last data was 241K Forecast will 240K for this release.  Release time ( 03:30 PM +3 GMT ).

Friday, March 31

1) Current Account (GBP)

This event released Quarterly by Office for National Statistics England.If the data come less more than it's good for currency. Last data was -25.5B forecast will -16.3B for this. Release Time (11:30AM +3 GMT ).

2) Gross Domestic Product (CAD)
This event releases monthly by Statistics Canada.If the data come positive more than forecast then it's good for currency. Last data was 0.3% forecast will 0.3% for this. Release Time
( 03:30PM +3 GMT ).

22 Mar 2017

USD/JPY: Sell Stop Signal

By on 10:12

USD/JPY Current Price: 111.400

Recently, USD/JPY has been trading downwards especially after the release of USD interest rate Gopher traded rapidly downward. Price break 111.575 level which is support level, So today I share bearish trade setup with you.One thing my signal are not 100% perfect so always use stop loss that I share with you. I recommend you take 1.5% risks per trade. 


Sell@  111.310
TP:     110.000
SL:     112.300
( You can lose more than your initial deposit, for safety of equity alway use stop loss & Don't risk more than 1.5% of equity)


I use Elliott theory on the D1 chart and its shows market done wave 2 and on to wave 3, wave 3 is the little bit longer than others and tough to correctly complete might be this pattern not complete but I pretty sure market remain bearish Again and I said you this signal is base on technical analysis.

19 Mar 2017

Coming Important Economic Events: March 20 - 24

By on 17:22
Fundamental analysis is a very deep, that drive currency Prices fundamental can be extremely powerful and useful to the Forex trader. Ahead of the coming week, tamourfx have compiled a list of these and other significant events likely to affect the markets.

Monday, March 20

1) Wholesale Sales (CAD)
This event releases monthly by Statistics Canada. Last data was 2.3% Forecast will be tentative. Release time ( 3:30 PM +3 GMT ).

Tuesday, March 21

1) Consumer Price Index (GBP)
This event releases monthly by National Statistics. Last data was 1.8% forecast will 2.1% for this. Release Time ( 12:30 PM +3 GMT ).
2)  Core Retail Sales (CAD)

This event releases monthly by Statistics Canada . Last data was -0.3% Forecast will be tentative
for this release. Release time ( 3:30 PM +3 GMT ).

3) GDT Price Index (CAD)
This event releases twice a month  by Global Dairy Trade. Last data was -6.3% Forecast will be tentative for this release. Release time also tentative.

Wednesday, March 22

1) Interest Rate (NZD)
This is one of the important indicator, Released by a central bank. The last rate was 1.75%% and the forecast same as 1.75%%. Release time ( 11:00 PM +3 GMT ).

Thursday, March 23

1) Retail Sales (GBP)
This event releases monthly by UK National Statistics. Last data was -0.3% Forecast will be 0.4%
for this release. Release time ( 12:30 PM +3 GMT ).

2) Unemployment Claims (USA)
Unemployment claims also called Jobless Claims & Initial Claims. This event releases weekly by Department of Labor (USA). Last data was 241K Forecast will 240K for this release.  Release time ( 03:30 PM +3 GMT ).

Friday, March 24

1) Consumer Price Index (CAD)
This event releases monthly by Statistics Canada. Last data was 0.9% forecast will tenative for this. Release Time ( 3:30 PM +3 GMT ) 

2) Core Durable Goods Orders (USA)
This event releases monthly by USA Census Bureau. Last data was 0.0% forecast will 0.5%  for this. Release Time ( 3:30 PM +3 GMT ) 

17 Mar 2017

NZD/CHF: Buy Stop Signal

By on 08:41
Recently, NZD/CHF has been trading downward from 0.7300 level and test the level of 0.6941 yesterday this level is strong support level yesterday after the release of CHF interest rate I think might this level break but unfunnily no, So  Today I share bullish trade setup with you.And my signal is not 100% perfect so always use stop loss that I share with you. I recommend you take 1.5% risks per trade. 

BUY@  0.6980
TP:      0.7077
SL:     0.6895
( You can lose more than your initial deposit, for safety of equity alway use stop loss & Don't risk more than 1.5% of equity)

15 Mar 2017

GBP/JPY: Buy Stop Signal

By on 08:57

GBP/JPY Current price: 139.168

Recently, GBP/JPY has been trading downward from 148.40 level and test the level of 138.40 in last week so  Today I share bullish trade setup with you.And my signal is not 100% perfect so always use stop loss that I share with you. I recommend you take 1.5% risks per trade. 
BUY@  139.700
TP:      140.700
SL:     139.000

( You can lose more than your initial deposit, for safety of equity alway use stop loss & Don't risk more than 1.5% of equity)

14 Mar 2017

XAU/USD: Sell Stop Signal

By on 03:02

XAU/USD Current price: 1202

Recently, Gold has been trading downwards. Today I share bearish trade setup with you and keep this in your mind this week may USD interest rate hike and may USD goes strong.And my signal is not 100% perfect so always use stop loss that I share with you. I recommend you take 1.5% risks per trade. Janet Yellen, has indicated that interest rates are likely to be increased on March 15th. So get ready for bearish move in Gold


Sell@  1200
TP:      1180
SL:     1215

( You can lose more than your initial deposit, for safety of equity alway use stop loss & Don't risk more than 1.5% of equity)


Use Elliott wave, Market did correction of wave 4 and way to completed wave 5.