JPY

Earlier opened and preserved short positions have had a positive result in attainment of minimal anticipated target. OsMA trend indicator, having marked preservation of parity in both party activity, in the bigger picture, gives grounds not favoring probably rate range movement, but favoring preservation of bearish case of rate fall contained in descending trading channel.

CHF. Предполагаемый тест ключевого диапазона уровней сопротивлений был подтвержден, но проявленный индикатором OsMA относительный рост бычьей активности, не располагал к немедленной реализации запланированных позиций на продажу.

You are going to love this lesson. Using pivot points as a trading strategy has been around for a long time and was originally used by floor traders.

  EUR

The pre-planned long positions from key supports have been implemented, and attainment of anticipated targets is favored by preservation of bullish activity priority, marked by OsMA trend indicator as a result of previous trading day.

CHF. The pre-planned short positions from key resistance range levels were implemented with the achievement of minimal estimated target. OsMA trend indicator having marked close activity parity of both parties gives grounds to suppose further rate range movement without clarifying the choice of planning priorities for today.

  EUR

The estimated test of key resistance range levels has been confirmed, but relative rise in buying activity, marked by OsMA trend indicator, did not favor immediate implementation of the pre-planned short positions.

The chart patterns can provide excellent trading opportunities. They are two types - continuation and reversal. When we see a continuation pattern we can expect that the prevailing trend will continue,

Joe Ross has been trading and investing since his first trade at the age of 14, and is a well known Master Trader and Investor. He has survived all the up and downs of the markets because of his adaptable trading style,