* range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour, 30 min based on candlestick patterns )



GBPUSD:
*Range 1.4760/80

For short-term buying positions on condition of formation of topping signals the targets will be 1.4840/60, 1.4920/40, 1.5010/30 and/or further breakout variant up to 1.5080/1.5100, 1.5200/20, 1.5280/1.5300, 1.5360/80.

An alternative for sells will be below 1.4700 with targets 1.4630/50, 1.4560/80, 1.4500/20.

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Daily forex market forecasts - EUR, GBP, JPY

* range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour, 30 min based on candlestick patterns )

EURUSD:
*Range 1.2940/60

For short-term sells on condition of formation of topping signals the target will be 1.2880/1.2900, 1.2810/30, 1.2760/80 and/or further breakout variant up to 1.2700/20, 1.2640/60, 1.2580/1.2600.

An alternative for buyers will be above 1.3020 with the targets 1.3060/80, 1.3100/20.

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Daily forex market forecasts - EUR, GBP, JPY

* range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour, 30 min based on candlestick patterns )

EURUSD:
*Range 1.2580/1.2600

For short-term buying positions on condition of formation of topping signals the targets will be 1.2660/80, 1.2720/40, 1.2800/20 and/or further breakout variant up to 1.2860/80, 1.2920/40, 1.3000/20, 1.3060/80.

An alternative for sells will be below 1.2540 with targets 1.2480/1.2500, 1.2400/20, 1.2340/60.

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Daily forex market forecasts - EUR, GBP, JPY

* range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour, 30 min based on candlestick patterns )

EURUSD:
*Range 1.2680/1.2700

For buying positions on condition of formation of topping signals the targets will be 1.2760/80, 1.2820/40 and/or further breakout variant up to 1.2880/1.2900, 1.2980/1.3000, 1.3060/80.

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Daily forex market forecasts - EUR, GBP, JPY

FOREX - Discipline Is Everything!


Although it has been some years since I was actively involved in trading, I have just returned to the markets and have begun to trade a small account on my own behalf.

This has perhaps given me a slightly skewed perspective of the markets, almost like a new entrant, but one with a lot of experience.

There have been some big changes whilst I have been inactive, not least in the number of online brokerages fighting for every dollar.

But many things stay the same, at the heart of which is one, I guess, unbreakable truth. Trading is basically a very simple business, with any trading �" stocks, options, FOREX, whatever �" only really involving three steps:

1. Find several possible trades evaluate them and decide which to go for,
2. Calculate how much to trade, and decide at what points to enter and exit the market
3. Keeping an eye on, or monitoring, open market positions

Now, these three steps were basically all there was to it a few years ago, and they still And, guess what, people are still getting totally bogged down right here, at this early stage of the trading process, generally, for one of two reasons.

The first possible reason is that they simply are not aware that these are the steps involved in the trading process, or (the second reason) they have no clearly defined rules for actioning these steps.

Thus, less experienced, more nervous, traders can often take hours to evaluate a small number of potential trades.

Experienced day traders, on the other hand, are fully aware that, with little time available to execute their trading, they must have a process plan and they must stick to it.

A day trader will set out his (or her) plan of action something like this:

1. Recognize the opportunity, enter the market
2. Stay in the trade for as long as possible if it is going for him or
3. Get the heck out of there with minimum losses, as soon as it is clear it is going to go the wrong way

That’s it!

That’s essentially what a day trader in any market was doing years ago, and that is what a day trader is still doing today, with little or no change to their working practices brought about by the vastly more advanced technology of today.

Savvy day traders learn very quickly that they must plan ahead of time, so that they are in prime position to take full advantages of the opportunities that occur in real time.

Thus, day trading, which on paper at least is a pretty dangerous and risky manner of working markets is, in fact, one of the most disciplined trading schools!

By the nature of market movements and the way they operate, day traders simply cannot afford to run their trading business on a wing and a prayer!

Day trade with discipline and there is good money to be made. Trade without it, it’s a one way ticket to the loans queue!


FOREX NA OCEANS AND YOU NA SAILOR SO DONT THINK U CAN CONTROL THE OCEANS BUT SAILORS HAD TRAINING IN A WAY TO SAIL THRU THE OCEANS SAFE.SO AS TRADERS ARE TRAINED TO TRADE THE MARKET(FOREX)



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EURUSD:
*Range 1.2810/30

For short-term sells on condition of formation of topping signals the targets will be 1.2740/60, 1.2680/1.2700 and/or further breakout variant up to 1.2660 with targets 1.2600/20, 1.2540/60, 1.2480/1.2500.

An alternative for buyers will be above 1.2860 with targets 1.2900/20, 1.2980/1.3000, and 1.3060/80.

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Daily forex market forecasts - EUR, GBP, JPY

* range(supports or resistance ), where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour, 30 min based on candlestick patterns )

EURUSD:
*Range 1.3260/80

For short-term buying positions on condition of formation of topping signals the targets will be 1.3330/50, 1.3400/20 and/or further breakout variant up to 1.3460/80, 1.3520/40, 1.3600/20, 1.3720/40, 1.3880/1.3900.
An alternative for sells will be below 1.3180 with targets 1.3110/30, 1.3040/60, 1.2960/80.

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Daily forex market forecasts - EUR, GBP, JPY

Hi there,

I am particularly bearish on EUR. The same kinds of problems we are seeing in the US are brewing in Europe, they're simply not as visible at the present time. Short EUR/JPY trades are probably the best way to express a bearish outlook on Europe and this pair could dive for the exits if this rally in equity hits the skids like all of the other recent ones have. Short term, we have to admit the possibility that the pair could test higher as it is technically neutral in a range, but the Euro situation is a ticking time bomb...especially as European Central Bank doesn't have the mandate to operate like the US Fed with its ability to expand its balance sheet and the confusion of multilateral policy from the member nations of the EuroZone and potential for sniping over national interests could get ugly as the next wave of financial turmoil hits European shores.

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Stressfree Forex trading here

Forex Recommendations

Forex News and Updates

* range(supports or resistance ), where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour, 30 min based on candlestick patterns )

EURUSD:
*Range 1.3380/1.3400

For short-term buying positions on condition of formation of topping signals the targets will be 1.3460/80, 1.3520/40 and/or further breakout variant up to 1.3580/1.3600, 1.3680/1.3700, 1.3760/80, 1.3880/1.3900.
An alternative for sells will be below 1.3280 with targets 1.3210/30, 1.3140/60, 1.3020/40.

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Daily forex market forecasts - EUR, GBP, JPY

EURUSD:
*Range 1.4340/60

For sells on condition of formation of topping signals the targets will be 1.4260/80, 1.4160/80 and/or further breakout variant up to 1.4100/20, 1.4020/40, 1.3900/20.
An alternative for buyers will be above 1.4560 with targets 1.4600/20, 1.4660/80, 1.4700/20.

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Daily forex market forecasts - EUR, GBP, JPY