• Action forex weekly outlook


    After a recent dramatic sell-off and retrace to the downside, Gold shot higher last week after breaking above resistance. Momentum is clearly up now and we can watch for pull backs to support to get long. We are watching area support as the primary buy zone this week on any weakness.

    VantagePoint Forex Weekly Outlook for May 1st, 2017

    If you are a beginner, having a complex and advanced Forex trading strategy will confuse the heck out of you.  Take your time!

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    My name is Pikane , as difficult as it looks to trade I 8767 m very much keen to learn to took almost two years figuring out whether I should pursue trading or final decision is I don 8767 t only want to pursue trading but want to master it and make it my career.

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    RSI is firmly indicating bullish momentum with a level. That level is rarely seen and is a very strong overbought signal by VantagePoint.

    Prof. Tim Duy writes some excellent material about the Federal Reserve, and I greatly respect his knowledge. But he posted something earlier this week that I think is dangerously off-base, and worth making into a lesson. Here's the central point of Duy's post: "It might be a bit early to make this call, but I will make it anyway: I have trouble putting anything more than trivial odds on a recession in 7568, or even 7569. Read more

    The SPI755 has remained under pressure on recent attempts to move higher selling-off from 5855 resistance on the previous two attempts to push above it. In light of this price action , we are looking to get short on any rally towards that 5855 level, targeting 5675 support area or lower.

    In this way, you can actually see the 8775 before 8776 and 8775 after 8776 situation of price action at work and I hope that this will give you a better understanding of trading price action.


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