About Me
- Tony Nassar
- Forex & CFD Markets, Senior Analyst, Provide Technical Analysis & Education Program | www.TonyNassar.com
Tuesday, November 30, 2010
Thursday, November 25, 2010
Euro 8 Hours (25.11.10)
Eur.Usd | 8 H Chart Technical update :
Short Term Trend: Bearish
Long Term Trend: Bullish
Short Term Trend: Bearish
Long Term Trend: Bullish
Resistance: 1.3355 - 1.3458 - 1.3507 - 1.3580 - 1.3650
Supports: 1.3288 - 1.3266 - 1.3232 - 1.3100 - 1.3000
Formation: Wedge
Scenario: As we can see 1 H chart trend is bearish & 8 H, both trends are bearish but we are not able to reach the red support on 1.31 - 1.30 cause we are locked inside the Wedge of 1.3377 Resistance & 1.3288 Support.
Wedge Trading:
A close above 1.3377 its a Bulling of: 1.3588
A close under 1.3288 its a Bearing of: 1.3000
Supports: 1.3288 - 1.3266 - 1.3232 - 1.3100 - 1.3000
Formation: Wedge
Scenario: As we can see 1 H chart trend is bearish & 8 H, both trends are bearish but we are not able to reach the red support on 1.31 - 1.30 cause we are locked inside the Wedge of 1.3377 Resistance & 1.3288 Support.
Wedge Trading:
A close above 1.3377 its a Bulling of: 1.3588
A close under 1.3288 its a Bearing of: 1.3000
Hints:
In a bearish trend we always sell under the resistance
In a bullish trend we always buy above the support
Have a nice day,
Tony .'. Nassar | http://www.TonyNassar.com
In a bearish trend we always sell under the resistance
In a bullish trend we always buy above the support
Have a nice day,
Tony .'. Nassar | http://www.TonyNassar.com
Wednesday, November 24, 2010
Euro 1 Hour (24.11.10)
Euro 1 Hour Updates:
Trend: Bearish
Trend: Bearish
* Scenario: As long as we are under 1.3444 we keep bearing 1.3280 - 1.3232 - 1.3200 - 1.3175
* Reversal: A close above 1.3444 will be a correction bulling: 1.3543 - 1.3579 - 1.3637 - 1.3679
* End of Scenario: A close above 1.3777 will end the bearish scenario.
Note: Trade sideways inside the trend. to know more about how to trade inside the trends, visit my site: www.TonyNassar.com download the free book & attend one of my online classes.
Note: Trade sideways inside the trend. to know more about how to trade inside the trends, visit my site: www.TonyNassar.com download the free book & attend one of my online classes.
Tuesday, November 23, 2010
GOLD | Buy or Sell ?!
Will you buy Gold or sell it for long term ?
What price are you looking to see in GOLD for the upcoming days ?
Click on the link below, write your comments & share it so we can collect more ideas & opinions.
Monday, November 22, 2010
Euro 1 Hour (22.11.10)
From 8 Hours Analysis:
As we said as long as we are above the support 1.37 there is no Bearing
No bullish as long as the next 8 hours candle didn't pass & close above 1.3777
As we said as long as we are above the support 1.37 there is no Bearing
No bullish as long as the next 8 hours candle didn't pass & close above 1.3777
1 Hour Analysis:
Euro is still moving in the bullish channel with the support of 1.37 But its locked in the 8 hours chart under 1.3777 Bearish Resistance
Scenario:
- As long as we are moving above 1.37 we will continue the bull inside the 1 Hour channel.
- While any move under 1.37 will bear till next support 1.36 / 1.35
Signal:
- Sell Euro From 1.3777
- Stop Loss 1.38
- Take Profit 1.35
Tony .'. Nassar | www.TonyNassar.com
Euro 8 Hours (22.11.10)
Euro is still moving inside the red bearish trend, if the next 8 hours candle close above the red resistance line (1.3777) we will continue bulling above the white support, while if the next 8 hours candle close under the white support line (1.37) we will go back to bear the yellow support line (1.35).
Tony Nassar | www.TonyNassar.com
Sunday, November 21, 2010
Euro 8 Hours (21.11.10)
As long as we are moving inside the bearish channel with the resistance of 1.3740 /1.3777 we may move back to try the supports below:
1.3636 - 1.3567 - 1.3488 - 1.3444 - 1.3333
1.3636 - 1.3567 - 1.3488 - 1.3444 - 1.3333
NOTE: To end the bearish scenario, 8 hours candle must close above the 1.3740 not hit it & go down.
To know more about how to trade technically & make profit check my site: www.TonyNassar.com download the free book & attend for a technical course.
To know more about how to trade technically & make profit check my site: www.TonyNassar.com download the free book & attend for a technical course.
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