Trendline Trader EA For Part Time Traders Become Fully Committed Forex Traders

Trendline trader makes trendlines you draw on the chart alot more useful than just a visual tool by itself. Trendlines are not indicators but simple lines you draw up on your currency chart to help with forex technical analysis. When you draw trend lines, you are providing yourself a visual picture of where is the ...

Trendline Alert EA – A Timely Intervention Software For Smart Investors

Forex trading can be very risky business if investments are made in a haphazard fashion, without proper study of the market situations and learning trade strategies. Being able to predict the ups and downs in the prices of Forex entities is a tough task since the prices are subject to fluctuations even on slight provocation. ...

EURUSD: The 1.4782/1.4625 Levels Keep MT Bias Higher

Even though EUR put in a negative performance the past week following its failure at the 1.5014 level, its Nov 16’09 high and its subsequent weakness, as long as its current setback maintains above the 1.4782 level, its MT rising trendline and its Nov 03’09 low at 1.4625, we look…

GBPUSD: Price Extension Envisaged

The pair followed through lower on its nearer term declines off the 1.6875 level on Friday decisively violating its short term trendline and taking out the 1.6514 level. This development continues to put GBPUSD under pressure with risk seen towards the 1.6260 level especially now that a bearish engulfing candle…

EURUSD – Upside Seen Above The 1.4736/1.4625 levels

Price hesitation continues to be seen with EUR holding firmly above its LT rising trendline and its major emas. We maintain that while the pair holds above the mentioned support levels chances are for a return to its YTD high at 1.5062 with an eventual break of there creating scope…