What traders are you guys following at the moment? Any good ones? I've not had the best success of recent in my own trading and want to get back to Zulu.
I hear there are a bunch of sell orders at 1.30, however, I have heard that there are a lot more buy orders than the sell orders, therefore we should work ourselves up through 1.30 (Source: http://www.fxfatcat.com). Target 1.31, that's mine anyway.
Zulutrade Signal Providers
Here are some good signal providers whom I've had good (green pip) results with:
Acute FX - ZuluTrade - Signal Provider Performance - Acute FX
TradeGuru - ZuluTrade - Signal Provider Performance - TradeGuru
SMV vs FOREX - ZuluTrade - Signal Provider Performance - SMV...
So why was it that the best (well, supposed best anyway) signal provider crashed so dramatically, what was the problem?
And what are these new commission rules, I can't find information about them?
My take profit at 1.27 was hit. I am going to go short at 1.27, with a take profit at the bottom of the triangle, the support should be around 1.26 or so, depending on when price gets down there.
See my chart, this is what I'm looking at.
(For those using zulutrade) - What do you guys think is the best broker to use in Zulutrade in terms of having the lowest slippage possible. I'm with Alpari at the mo and I'm experiencing slippage.
The EURUSD has enterted into an asymmetrical triangle. This should, technically give a direction for future price depending on what side of the triangle price breaks out from.
Analysis of Majors
1.3150 seems to be the resistence level which needs to be broken in the EUR/USD. Until that level is broken and closed above on the daily, I'm still bearish with an expected retest of 1.30.
What do you think?
It looks like the EUR/USD has stalled at the fibo 38.2%. Looks like a new test of the lows is on the cards. I'm expecting this to break down into the 1.29's