Is GBPUSD going to go up or down this week?
Our bias is to Up, however, currently this pair is trading sideways. Our expectation is that it should go up to 1.6650 (currently trading at 1.622)
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Is NZDUSD going to go Up or Down this week?
14/12/2009 - 10:30 am
Tags: drop, nzdusd, sideways
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Currently NZDUSD is trading sideways, and with a new downward trend developing. We expect NZDUSD to drop over the coming week. Currently NZDUSD is trading at 0.724, our expectation is that it will drop to 0.7070
Trading Tip Number 1
14/12/2009 - 12:35 am
Tags: CCI, downtrend, Moving Average, oversold, trade, trading, trading system, trading tip
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Here’s a simple trading system using only a 50 or 20 Moving Average (Exponential biased if you like) and a stochastic or CCI oscillator as it’s signal. In an uptrend – defined by MA(E) 20 or 50 take only oversold reading (from an oscillator such as CCI or Stochastic) as a buy signal (can use [...]
14/12/2009 - 11:57 am
This will most likely be a long term trade, and might post lower before hitting our higher target.