ForexSurvivor
Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.EURUSD: ‘Diet’ Trend Correction
The vengeance turning point in dollar at the beginning of the week suggests next week behaviour would be titled as a ‘trend correction’ that may last ahead or till ECB decision.
The force behind correction is still groping in the dark, and it is necessarily constrained from entering into long term bearish price action until eurusd @ 15012 is solved.
It is always darkest right before the dawn... but those who have the strength to act when all looks darkest are the ones who succeed in the market! "Buy when everyone else is gloomy". The market won't rise until all the sellers are eliminated. Stop rallying the dollar ahead of your daily MA50, as nasty flip-flop will be ensued and should not allow a question mark over trader’s head shining & wondering, and why? Because you have just been warned!
Non-Forex Department
Dax: Paying High respect to Mr. Fibo
Dax index did not run the same deterioration on a daily basis as other equities did, and respected well the sixty weekly retracement of the last quarter rally. Such tuneful reputation will maintain the Dax up trending en route for 7950.
Signal: Buy Daily/weekly close above 7777; TP 88pips
Free FX Trade
Previous GBPUSD Limit @ 20930 is Valid (09 Nov)
Previous Signal Mission Completed: (Long EURAUD 16950; TP 30pips)
Please see attachment for the SIGNAL.
Anthony Samaha
Trading Engineer
*** The Potential Flows of Trading Information constitute my judgment and are not trading recommendations. ***
