by Horatio Dubsly | February 5th, 2018, 14:52:18 | Technical Analysis
The live trade entry and target were posted earlier today on the ForexFlow Live News Stream Particularly pleased as it helps illustrate my previous post on how to use Divergences to spot changes in direction. Both the 23.6% and 78.6% make good targets to aim for in...
by Horatio Dubsly | February 5th, 2018, 10:15:37 | Education
For this example I will use two of the more widely known and frequently used Oscillators – MACD Moving Average Convergence Divergence and the RSI Relative Strength Index. MACD – Is a lagging Oscillator based on 3 EMA’s calculated from...
by Horatio Dubsly | February 1st, 2018, 08:08:47 | Technical Analysis
I don’t have a favoured direction for this one at the moment. Things should become clearer soon. I’ve been trading from both sides for decent pips as we rise upwards into a zone that could offer some potential for short selling. A second overlaying Head...
by K-man | January 10th, 2018, 14:05:20 | Technical Analysis
Playing some rotation from USD to EUR via the cross I was already looking at the AUDUSD to be short ahead of the 0.7880/00 resistance as mentioned before and trying to find a EURUSD bottom. Well the Chinese comments took me over the edge to go into EURAUD long. I...
by Horatio Dubsly | November 20th, 2017, 06:00:35 | Technical Analysis
No prizes for guessing the driver of EUR weakness as we enter the new trading week . The failure and collapse of coalition talks in Germany could force anther election and place EUR under pressure near term. EURAUD grabbed my attention on Friday. A level I had on my...