Recent content by VeerTrade

2nd April 2015 Hi Guys So as expected the market appears to be waiting for the NFP which is to be released tomorrow. I will be eagerly awaiting the report to see if the Fed will reveal anything they plan to do regarding the interest rates. I expect low volatility and choppy price action...

1st April 2015 Hi guys! Well the markets have definitely fooled me on the 1st April!!!! I am still bullish Dollar but with caution. Price action has been choppy and I am getting some mixed signals. I suspect we might have to wait until the NFP report which could be the catalyst to get us out...

31st March 2015 Prices playing out as expected. Dollar still showing strength with AUD and EUR under performing. Looks like we may see some trend continuations by the end of the week.

30th March 2015 We are seeing some corrective price action in S&P and dollar strength. A busy shortened week ahead so we could see some nice moves. AUDNZD has been a good performer breaking the lows with a target of 1.00000

27th March 2015 The markets have been fairly quiet this week with lots of choppy price action. The Fed announcement last week moved prices but there hasn't been any follow through during the week. I expect the markets to remain flat until Yellen, we may see some volatility before the markets...

If you are holding trades from 1 day to 2 weeks you might be able to get away with EOD data especially if your trigger is based off that chart. By looking at intra day charts you might be able to refine your entry and execute trades for a better price. If that is the case than using intra day...

26th March 2015 The dollar Index looked likely that it might try and break through in the early session but there was support once again at the key level I have noted. We are now seeing some conviction off these lows. It could be early signs of the trend resuming. EURUSD is showing possible...

Hi Laxmikant Welcome to Trade2win.

It is the Institutions who move the market hence why I believe social trading is not a reliable source. It is not a case of the amount of buyers or sellers it is the volume which is significant. A single bank can trade a huge amount of volume. I believe you are better off spending your time...

You are welcome!

25th March 2015 Not much change from yesterday. I still see price correcting and do I am not considering it to be a reversal until I see further clarification. The Dollar Index is grinding lower but unless it makes new lows and breaks the key resistance I still anticipate the trend will resume...

Impressive performance but only shows 3 days of results? If he can sustain that level of performance for years in trading then go for it, however to get those results he has over leveraged massively. That for me is not a good way to play Forex. Don't look to get rich quick trading Forex and...

The main source of the problem can be found in the 40% drop in global oil prices since the summer not helped with Western sanctions imposed in response to Russia’s actions in Ukraine. For me the poor economic situation is also the result of a lack of inward investment towards opportunities that...

My current thought is that it will hit parity within the next 6 months maybe sooner. From a technical stand point we are still very much in a down trend. What we are seeing now is a correction. Further price action will tell us if price is ready to resume its trend or show signs of a possible...

On a 1 hour chart, go to Navigator on your l/h side (or Cont N) go to "scripts" then "period converter." Then in the inputs page put in "extperiodmultiplier" 12. Then Ok. Then go to the top L/H corner-File, "open offline" & you will see, for eg, EURUSDH12. Click on this & you have an EURUSD 12...