Forex Trading Signals Week #18

1) Forex Trading Signals For GBPJPY
Forex Trend Analysis
The overall trend for the weekly and daily chart for the GBPJPY currency pair are down with its EMAs stacked nicely downwards with good angle and separation. However the trend on the hourly chart demonstrates an uptrend.
Forex Technical Analysis
On the weekly chart, the price is currently moving within a [...]

Back From Vietnam Ho Chi Minh

Sorry for not updating this blog for 5 days as I am away on a vacation with my wife and a group of friends.
Throughout these 5 days vacation, we had a great time as we visited beautiful places and eat good food. If you guys are planning to go on a Vietnam Tour, these are [...]

Forex Trading Signal Week #17

1) Forex Trading Signal For GBPJPY
Forex Trend Analysis
Weekly Chart: From the weekly chart, it can be seen that the EMAs are now stacked down with better angle and separation. This is a good indication of a downtrend.
Daily Chart: The EMAs for the daily chart are flat and some sort of messy. It does not give [...]

The Forex Fibonacci Trading Strategy

I have sent out an email sometime ago asking my newsletter subscribers to ask questions regarding currency trading so that I can help them to know more.

I have received tons of reply emails from some of them asking about various trading methods and today post is based on one of them. In this post, I [...]

Forex Trading Signal Week #16

1) Forex Trading Signal For GBPJPY
Forex Trend Analysis
Weekly Chart: The exponential moving averages are continuing to stack in a downward manner indicating a downtrend in action.
Daily Chart: In this daily chart, the EMAs are all stacked nicely in a downward manner also indicating a downtrend.
Hourly Chart: However in this hourly chart, the EMAs are now [...]

How To Draw Proper Trend Line

Drawing trend line is sometime that is very subjective for most traders. From those trading books that are in the market, trend line is drawn by joining 2 or more swing lows or 2 or more swing highs. However the problem lies with there are a lot of swing highs and lows in most chart [...]

Forex Trading Signal Week #15

1) Forex Trading Signals For GBPJPY
Forex Trend Analysis
Weekly Chart: In the weekly chart, the EMAs are nicely stacked down with good angle and separation. This is a good indication of a downtrend in action.
Daily Chart: For this daily chart, the EMAs are also stacked down but with lesser angle and separation compared to the weekly [...]