Is this the end of a secular bearish trend
Nice quick analysis from Barry as usual. If the history is our only guide, then it seems like it! Check the article: Is the Secular Bear Market Coming to an End?
iterating towards truth
Nice quick analysis from Barry as usual. If the history is our only guide, then it seems like it! Check the article: Is the Secular Bear Market Coming to an End?
EURUSD is moving in a nice channel and buyers were found right at the inflection point of supply zone and ascending trendline. The rest is self explanatory.Risk wisely and trade well ;-)lechiffre
STATS:Trades: 2Return: (-1 + 1.8 = +0.8R) Pays: 123ACU, FkoPairs traded: EURUSD
With EURO creating higher highs across all pairs I am expecting some kind of broader retracement. With break out of 3400’s the EURO has moved in a 170p. swings followed by minor retracements of 50 – 70pips. If we make an average out of that, it co…
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STATS:Trades: 2Return: -1,6R (-1 – 0.6R) Pays: 123ACUPairs traded: EURUSD
STATS:Trades: 4Return: +1,1R (-0,2 – 0,2 – 0,5 + 2) Pays: 123ACUPairs traded: EURUSD, AUDUSD
Last week I have mentioned what I was expecting from EURUSD pair. So far the analysis was correct (careful, its just analysis :). Since we have reached my next price objective, I am expecting some kind of retracement back to 3400/3370’s where we c…