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Archive for the Forex Category

EURUSD and more

Hi, Thanks for all the wishes. I managed to recover from the cold (must have caught it in the rain over the weekend) which prevents me from doing the YouTube on Sunday. And thanks for attending my special in-house training workshop for a broker clients. Below are the fibonacci levels for EURUSD weekly chart. Notice […]


Improved CandleAlert releasing soon

This is the newly improved CandleAlert releasing soon to InnerCircle. It nicely picked the top of yesterday (see orange arrow). Why is it important? Because if you take a look at EURUSD daily chart, it is a very beautiful shooting star. Same as GBPUSD, and that’s a very big hint.  


Forex: EUR-USD Bullish Divergence spotted

On daily chart, EUR/USD has a bullish divergence in MACD histogram, Williams, and RSI (note: I am not able to draw the line as this charting software is not that “friendly”. Do remember that you will be trading against the trend, therefore caution is needed.  


EUR/USD near trendline support

Before anyone forget, there is also a trendline support near EUR/USD now. If it can recaptures this trendline support, bulls have hope.  


Major movement should be coming soon

Looking at the price action of EUR/USD over the last few days, it looks like dollar is in “constipation”, whereby it got stucked in-between the black candle that was formed on Nov 1. Since then till now (11:30pm) The candle has had small body and inside the black candle. Those that know TA, this is […]


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