The GBPUSD also indecisive yesterday. The BoE decided to increase the quantitative easing program by £25bn to £200bn. Although the QE program was expanded, the Sterling edges higher as market expected a £50bn expansion.
On h4 chart below, we can see that the price still able to stay above my...
On Thursday the pair did break below support at 1.4820 but was rejected by 1.4800. This resulted in a push above the 1.4860-1.4870 level which triggered the test of the recent highs at 1.4900. It failed to push above 1.4920 which is the next breakout level.
The pair currently sits at 1.4867...
After a sharp drop from 1.0852, USDCAD consolidates in a narrow range above 1.0594. Another fall is expected after consolidation and next target could be at 1.0400 area. Resistance level is now at 1.0735, and key resistance is located at 1.0852, only rise above this level will indicate that the...
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CHF
Short positions opened and saved before had positive result in the achievement of main estimated targets. OsMA trend indicator having marked in the general outlook bearish development priority is still supporting sales planning priority for today. On the assumption of it as well as...
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I am kind of scared to trade with a real account because I hear people talk about brokers, taking your money by forcing your stop loss to trigger. If the broker is paid by the spread and just executing your trade for you why would he care about making sure your stop loss is triggered? How can an...