Please have the 14th January report open and compare the result with the current report.

Fundamentals:

Fed’s Beige Book at 2:00pm. Click Here to learn more about the Fed’s Beige Book.

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Last week was a good week in the Forex market. Most of the currency pairs that were trapped between several supports and resistances or were ranging for several days, broke the ice and started moving nicely. A lot of strong supports/resistances broke last week. I hope you could act on time and make a good profit. Read the rest of this entry »

Yesterday was a hot day in the Forex market. Most of the currency pairs that were in an indecision situation, broke several supports and resistances and went up or down.

My predictions worked really good yesterday and I hope you were able to take the right position on time. I am not trying to advertise for myself here but you can see that I analyze the charts very carefully and I do not enter to any trade when I don’t see any good signal. If you follow my directions, your trades will be profitable in more than 95% cases. You can try it with a demo account or on the paper and see what I mean.

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In this report, I can only cover the four main currency pairs and also the GBP-JPY and EUR-JPY but I will let you know about the good opportunities in any of the other currency pairs during the day. Stay tuned and check back.

Fundamentals:

Today we have Crude Inventories announcement at 10:30am. Click here to know more about Crude Inventories.

Tip of the day:

If you are an intraday trader, try to check the bigger times frames like 4 hours, daily and sometimes even weekly before your start trading. This is very important. In intraday trading, sometimes you trade against the market and this can be risky because it is possible that the market goes against you at any time and you have to be careful. If you check and analyze the bigger time frames, you will know that if you are trading against the market or not and so you can close your trade on time and before you lose a lot. Read the rest of this entry »

Fundamentals:

We will not have any special news for today.

1. Euro against US Dollar (EUR-USD)

Most of the currency pairs and specially EUR-USD are in an indecision situation. EUR-USD went up but was stopped near the 1.4760 resistance and went down again. The daily says “up” but the 1.4760 resistance is very strong. Read the rest of this entry »

Before reading tonight’s analysis, I recommend you to have the last night analysis open and have an eye on it because I have to refer to it a lot and you need to compare the tonight’s result with it. Read the rest of this entry »

After several days I have started publishing the reports again. Although you were not happy with my absence but I have a lot of new things for you. I will analyze more currency pairs and my analysis will cover smaller time frames like 4 hours. This is much better for those who are more interested in intra-day trading.

As it is possible that I can not check all the currency pairs every night, first I will start with the four main currency pairs (GBP/USD, EUR/USD, USD/CHF and USD/JPY). Then I will focus on some other currency pairs that are more popular like GBP/JPY, EUR/JPY, USD/CAD, AUS/USD and GBP/CAD.

Then if I had enough time I will check all other currency pairs. I try to do my best to cover all the currency pairs every night. I hope I can do that. Of course I check them all for my own trades but reporting them needs more time that I don’t have sometimes. Read the rest of this entry »

Wednesday is the day that the weekly candlestick becomes completed and the new one comes. So we have a completed weekly candlestick now. It can give a lot of information. Sometimes it can tell us even about the direction of the market for the next months. Let’s see. Read the rest of this entry »

Happy New Year

We are starting the new trading year while the market has already been hot and had some good movements. I hope we can catch most of the good opportunities this year and maximize our profit.

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