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bitcoin brokers

Bitcoin Range Continues as Rakuten Enters the Ring

After yesterday’s $6 dollar drop, bitcoin reversed the losses today and is currently trading back above the $380 figure. At this point, this level have been broken and re-broken so many times that it should now be considered irrelevant. Bitcoin prices may be slowly settling into a range. The top of this newly formed congestion […]

Top Trade Ideas

Top Trade Idea For October 21st, 2014 – EUR/USD

Good day to everyone! For today’s strategy we will take a look at the EURUSD pair because of very clear direction and the wave structure. As you know the USD is in updated for the past few months now and we do not see any changes so far, so we believe that the best plan […]

MT4 Trading & Education

How To Trade The Parabolic SAR in MT4

Hi, this is Shaun Overton with ForexNews.com and OneStepRemoved.com. In this 3 minute video, I’m going to introduce you to the Parabolic SAR indicator for MetaTrader 4. If you don’t already have a demo account, you can follow along for free with an OANDA account by clicking the link below this video.  Register For A […]

Featured Chart

Chart Of The Day For October 21th,2014 – EUR/USD

  • EUR/USD Technical Strategy: Flat
  • Support: 1.2750, 1.2619, 1.2500
  • Resistance:1.2852, 1.3070, 1.3246

The Euro recovered against US Dollar as expected after putting in a bullish Piercing Line candlestick pattern. A daily close above the 23.6% Fibonacci retracementat 1.2852 exposes the 38.2% level at 1.3070. Alternatively, a turn back below the October 13 close at 1.2750 opens the door for a test of the October 1 close at 1.2619.

We booked profits on a Euro short position earlier this month and will aim to re-enter the trade in line with our long-term fundamental outlook when the opportunity presents itself. The absence of a defined bearish reversal signal suggests pulling the trigger is premature for now.

EUR/USD Technical Analysis: Digesting Below 1.29 Figure

Bitcoin

bitcoin brokers

Bitcoin Range Continues as Rakuten Enters the Ring

After yesterday’s $6 dollar drop, bitcoin reversed the losses today and is currently trading back above the $380 figure. At this point, this level have been broken and re-broken so many times that it should now be considered irrelevant. Bitcoin prices may be slowly settling into a range. The top of this newly formed congestion […]

Global Market Commentary

Top Trade Idea For October 21st, 2014 – EUR/USD

Good day to everyone! For today’s strategy we will take a look at the EURUSD pair because of very clear direction and the wave structure. As you know the USD is in updated for the past few months now and we do not see any changes so far, so we believe that the best plan […]

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