July 23, 2013

4 HOUR MACD Forex Chart: July 23



eurusd forex market rhythm
July 23, 2013 EURUSD Market Rhythm
Right! (As Philip Nel used to say when he started his trading lesson..)

This is the market rhythm analysis for July 23, 2013 for EURUSD market. The price is now running on the median line with a possibility of breaking higher to reach upper median line (1.33)

Continue Reading

July 17, 2013

Golden Opportunity for Gold Traders

forecast gold price 2013 using market rhythm method

Right!

This is the analysis using Market Rhythm method of analyzing the gold price.

I set it using the weekly time frame (1 candle = 1 week period). You can see it clearly that the price supported by the SMA 360 and start to move upward started 2 weeks ago.

Right now, there are 2 major resistance at around 1310 (EMA 8) and 1400 (EMA 21) respectively. Can it recover from the bottom of the market?

We will see!
Continue Reading

About ArrowFX

Technically analyze the forex market mainly on USDJPY, EURUSD and GBPUSD by using market rhythm method started by Philip Nel on Forex Factory. The thread started on 2007 and still alive.
Designed By Blogger Templates