Tax Season is Here! Save 15% on H&R Block Online
iconAll times are GMT -4. The time now is 11:35 PM. | Search:

» StockRants Stock Forum » Public Stock Forums » Forex Trading » Market Analysis



Reply
 
Thread Tools Search this Thread
Old 01-18-2020, 07:53 PM   Nav to Top  #71
James Charter
Senior Trader
 
James Charter's Avatar
 
Join Date: Nov 2016
Location: Dhaka
Posts: 232
Favorites: SSNLF, NASDAQ, NYSE
Rep Power: 49
Reputation: 14
James Charter is on a distinguished road
Thread Starter
Default



USD/JPY was extremely bullish throughout the week and moved above 110 levels. It is now a good time for one to go for shorts but it has to be done with very tight and strict risk management to be able to gain through.
James Charter is offline   Rate this post Yes | No Reply With Quote
Old 01-18-2020, 07:57 PM   Nav to Top  #72
James Charter
Senior Trader
 
James Charter's Avatar
 
Join Date: Nov 2016
Location: Dhaka
Posts: 232
Favorites: SSNLF, NASDAQ, NYSE
Rep Power: 49
Reputation: 14
James Charter is on a distinguished road
Thread Starter
Default



EUR/JPY was highly bullish during the week but the last day saw it dropped down to 122.15 levels. It is highly likely to continue to go down, so it would be good to go for shorts. But must be done with a quality risk/money management.
James Charter is offline   Rate this post Yes | No Reply With Quote
Old 02-13-2020, 06:24 PM   Nav to Top  #73
James Charter
Senior Trader
 
James Charter's Avatar
 
Join Date: Nov 2016
Location: Dhaka
Posts: 232
Favorites: SSNLF, NASDAQ, NYSE
Rep Power: 49
Reputation: 14
James Charter is on a distinguished road
Thread Starter
Default



EU has started the week in same negative zone and is highly likely to continue that way. It looks all very much a good opportunity to go for buy here since the last day is usually the time where we will see fair amount of correction.
James Charter is offline   Rate this post Yes | No Reply With Quote
Old 02-13-2020, 06:25 PM   Nav to Top  #74
James Charter
Senior Trader
 
James Charter's Avatar
 
Join Date: Nov 2016
Location: Dhaka
Posts: 232
Favorites: SSNLF, NASDAQ, NYSE
Rep Power: 49
Reputation: 14
James Charter is on a distinguished road
Thread Starter
Default



GU gained somewhat during the first day of the week as we saw it go up towards 1.29 levels, but it has return back to the bullish zone. It is highly likely to stay in mix trend as of now with no major clarity in terms of the direction that we could see.
James Charter is offline   Rate this post Yes | No Reply With Quote
Old 02-13-2020, 06:27 PM   Nav to Top  #75
James Charter
Senior Trader
 
James Charter's Avatar
 
Join Date: Nov 2016
Location: Dhaka
Posts: 232
Favorites: SSNLF, NASDAQ, NYSE
Rep Power: 49
Reputation: 14
James Charter is on a distinguished road
Thread Starter
Default



UJ has stayed mixed so far in the week as we saw it dip before gaining towards 110 levels and now once again is heading towards the downside, it’s impossible to have a clear view of the direction, so it’s better to stick to short trades until there is certainty about the trend.
James Charter is offline   Rate this post Yes | No Reply With Quote
Old 02-13-2020, 06:29 PM   Nav to Top  #76
James Charter
Senior Trader
 
James Charter's Avatar
 
Join Date: Nov 2016
Location: Dhaka
Posts: 232
Favorites: SSNLF, NASDAQ, NYSE
Rep Power: 49
Reputation: 14
James Charter is on a distinguished road
Thread Starter
Default



EJ was hugely bearish during the first day of the week and continues on same direction. We are likely to see some recovery back with already so much dropping. So it could be a good time to go for buy here but still need to respect it with right money management.
James Charter is offline   Rate this post Yes | No Reply With Quote
Reply

Similar Threads
Thread Thread Starter Forum Replies Last Post
Market Breadth Analysis Vicorka Technical Stuff 0 05-10-2016 04:24 PM
Daily Market Analysis by CTOption Forex Grandeur Forex Trading 2 04-18-2016 05:31 AM
Market Breadth Analysis Vicorka Technical Stuff 0 11-12-2015 10:38 PM
What job utilizes analysis of stock market? Demetrious Traders Lounge 1 05-05-2015 07:40 AM
FAM Generator: Market Fractal Analysis dmitrievsky Technical Stuff 0 09-13-2012 01:09 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On