pro4Xtrader

CADJPY did break below the rising channel that could be a confirmation of a long term downtrend. I think this scenario has the right to live and could be developing over the coming months. Besides, if you look at all JPY pairs, they all have some sort of signals of a downtrend… well for me at least.

Completely missed to post EURGBP, but here we go, still to reach the target….

GBPCHF should have the final swing down before/if it reverses. Another 100pips up is quite likely in the very near future.

There was no strong support confirming the end of the EURJPY downtrend. Currently we can see the bounce of the fib level that could be the key area for downtrend continuation. If that’s the case a huge move down in a very short time is something very realistic.

GBPUSD reached the upside target. It could face strong resistance at this level and there is potential for reversal down.

I don't think they need to sell it to someone, because that "someone" perhaps owns these brokerage firms. But overall yea, sometimes banks can share this information between themselves to do stop loss hunting and make a substantial profit fast.... well, you know these banks are dirty all over. This is not legal Try that link http://www.dailymail.co.uk/news/article-2831108/Five-world-s-banks-fined-2BN-rigging-foreign-exchange-markets-prosecuted.html hope helps

You are asking how to use knowledge of a long term trend for short term trades? Maybe go with the trend??? My calculations were on the market cycles and yes, the great fall of the dollar in the long term. Maybe something like that?

AUDCHF continues trade in the range with high probability of re-testing strong support at 0.74 area once again. When/if broken, it will open for more downside potential.

EURAUD cold accelerate growth mainly due to the AUD weakness. Trend up could continue for another 2 week targeting 1.4130, that makes it approximately 250 pips higher than current price.

NZDUSD entered the downtrend cycle that could last approximately 2 months. As a target I see 0.7270 area. As it currently holding the resistance, there could be a good entry point presented early next week.

I think it is obvious that there is significant support at 54 level and significant resistance at 58. At this point with the double top on the lower timeframe WTI has all chances to correct back to 54, after witch we might see uptrend continuation.

It is not as simple as that, gold is not only a commodity but a fear indicator, safe heaven and it represents real value of the currency. I think we'll see gold trading above 2k per ounce in the mid/long term future.

If we look at AUDUSD on Daily chart the cycle down has already begun on the 27th of March and should be ending on the 6th of May… hhh almost the same as GBPUSD. Good trading to all!

There is very similar picture on GBPUSD if compared with EURUSD. Also formed a double top and also with the new cycle. GBPUSD should target 1.4830, with the cycle ending on 5th of May.

The EURUSD just formed a double top that is confirmed by cyclic analysis. Next cycle should be down, ending on 14th of May and targeting rate of 1.0440.

NZDUSD in my view has confirmed the mid/long term downtrend. But now with the new cycle I think it will correct up slightly before the rally down begins. I’d be looking for selling opportunities around 0.76 area.

Crude Oil established a key support level at 54 Dollars for a Barrel. While at this stage new highs can be expected in the mid/long term, it is very likely that 54 level will be tested once again.

NZDJPY just hit my downside target and closed above it. In addition a new cycle begins suggesting continuation of the trend up and potential double top before the big fall down.

Across the board AUD could be losing value, fast. This would establish trend on most AUD pairs, especially GBPAUD, EURAUD and AUDJPY. But in this particular case here is EURAUD likely scenario… quite large upside potential.

For now USDJPY should continue moving up towards our target at 120.20. When/if hit I’d start looking for mid/long term sell opportunities as most pairs signaling on potential weak USD and strong JPY in the next weeks/months to come.

It appears that you are saying: "ok I am going to backtest this strategy, but I'll use another one for live trading". What is the point? Automation is always preferable since it just makes all calculation easier. If by "discretion" you are referring to partial trading without using rules, then you are gambling.

GBPUSD did break the support that implies that it will move lower eventually. However the cyclic analysis warns on the potential move higher first. So there are two trade setups, buy and sell … will be interesting to follow.

Normal, or regular trendlines are not of a big use, the ones that would give you an early signal are those that you develop yourself. Not develop a trendline ... but a method how to draw them. Good luck

For binary options there are so many brokers, but you could get started with binary dot com, very good payouts and standards.

At a time I did a lot of backtesting on various platforms. The perfect equity growth turned into free-fall almost immediately and almost always. Best results can be achieved by backtesting and getting out of sample date on most recent data. Frequent re-backtesting every x-/days/weeks/months/years (depending on the timeframe you trade) is preferable.