EURJPY and GBPUSD Week 34 Outlook
EJ: Daily continues to show bearish movement as momentum remains down but stochastic is higher. break above 163.39 could see retracement in progress with further upside resistance at 164.65/70. Downside support at last week's low before 160.83.
EURJPY and GPBUSD Week 32 Outlook
EURJPY: The first clear bearish candle closed just above the ascending trend line (some call it demand line) on the weekly chart. Trend remains on the upside but bullish momentum is weakening. Stochastic has crossed and turned downwards could si
Euro-Yen and Pound-Dollar Week 31 Outlook
Hello all, I'm a little late for the analysis for this week but nevertheless, I need to do the analysis as much as you do. It helps us to get a clearer picture on what we should look out for so that we keep ourselves informed ahead of the game. J
Euro-Yen and Pound-Dollar Week 30 Outlook
EURJPY: A long retracement was halted by the ascending line and immediately bounced off confluence of 23.6% Fibonacci Retracement Level of 169.65 - 151.70 and 38.2% Fibonacci Retracement Level 169.65 - 158.59. Close near the historic high indicat
Euro-Yen and Pound-Dollar Currency Outlook for the Week
EURJPY: Daily outlook is still flat with oscillators moving lower as Stochastic crossed; 38.2 Fibonacci support proves strong and bears will continue to try to break below to bring towards 30 June low of 166.GBPUSD: Daily outlook on the downsid
How to Develop a Good Money Management in Forex Trading
In this article I will show you how to develop a good money management discipline in Forex trading without risking more than 0.5% of your trading capital on a single trade.Let’s say you intend to use 5,000 dollars as your starting capital to
Mindset of a Profitable Trader
Just as important as controlling risk (money management), traders also needs to have confident in oneself. Traders need to know that even with a profitable trading system; one could also have numerous losses in a row.



