Forex technical analysis

Find below top down forex technical analysis exclusively using supply and demand imbalances together with price action.
Bear in mind that a top down technical analysis is needed to make a trading decision, a single timeframe is not enough to place a trade. There are not signals, they are meant to point out strong imbalances usually in a clear trending market.

FX latest analysis today

11th January 2017
Supply and Demand Forex and Stocks

NZD USD daily downtrend

NZDUSD clear daily downtrend, supply levels being respected, short. Monthly and weekly supply imbalances are in control. Short bias at Daily supply zone around 0.7176 if market conditions do not change. The US dollar is very strong in most US cross pairs, expecting a nice reaction off that daily supply area. NZD USD clear downtrend […]
6th January 2017
how to trade stocks for beginners

AUD NZD long at daily imbalances

Brand new 3 months demand level formed and in control on AUDNZD currency pair at 1.0456. Looking for new levels of demand on the daily and H4 charts to go long. No shorts allowed that low. AUD NZD testing the origin for longs Three months imbalances work the same way as any other timeframe, these […]
31st December 2016
how to trade forex for beginners

EUR USD daily supply level triggered

EURUSD daily supply level at 1.0618 triggered as described in previous supply and demand analysis for EURUSD, Daily supply in control. Monthly and weekly downtrend. Short bias at new levels of supply, this daily supply zone already playing out. Room to parity level. EUR USD high odds for shorts Daily bearish trendline was updated from a […]
30th December 2016
stock trading courses

USD NOK strong daily demand level

Strong daily demand level on USDNOK at 8.45. Looks like price is not retracing to the imbalance and will create a Daily bullish pin candle at the end of the day. USD NOK forex pair on clear uptrend Long bias with new daily and weekly demand levels being created in a bigger picture uptrend. USD […]
27th December 2016
how to trade stocks for beginners

NZD USD high odds sell levels

New daily supply zones at 0.71760 and 0.7339. NZDUSD has been dropping non-stop since monthly supply level gained control a few weeks ago. NZD USD forex pair clear downtrend Monthly supply level is in control, weekly is in a clear downtrend and new levels of supply being created on the daily and lower timeframes. Short bias, […]
9th December 2016
how to trade stocks for beginners

NZD USD monthly supply in control

NZDUSD rallying towards Daily supply around 0.7389 where shorts are expected. Monthly supply level is in control. NZD USD high odds for shorts Bigger picture trend is bearish, shorts at supply levels since they follow the bigger picture supply and demand trend. NZD USD chart analysis and forecast

Forex technical analysis is as hated and as loved by Forex traders. Those traders trading Forex fundamental analysis will be against using technical analysis because they believe everything in Forex is about fundamentals.

However, there is a big number of traders that use technical analysis and price action to trade the the Forex currency market.

Traditionally, Forex technical analysis has been the study of historical market data, including price and volume, while at the same time using tools like trendlines and support and resistance levels to help you trade with the support of as many indicators as possible.

Forex technical analysis hasn’t always been used in the past, most traders used to trade fundamental analysis of the Forex cross pairs they had in their watchlist or portfolio.

As supply and demand traders we also have to use technical analysis, it’s the core of what we do because trendlines and the strength of price action will indicate us potential huge imbalances where we want to place our trades on Forex.

However, we do not need to take into consideration volume or fundamental analysis in our technical analysis, because price action alone will tell us all we need to do.

Price action is alone is not enough, we must the price action into context since context is everything. Forex fundamentals are usually priced in price action technical analysis.

If your want to learn to trade forex you can visit our forex trading for beginners page.

Forex chart analysis

Trading Forex without looking at a chart or doing a top down chart analysis is like driving a car at night without the lights on. We need to pay very close attention to what price action and chart analysis is telling us, price action is the only non-lagging indicator, it’s very important to make a trading decision in Forex.

Price action and supply and demand go hand in hand because every single Forex imbalance is made of price action, candlesticks or bars if you are using the latter. Dozens of Forex charts analysis and potential trade setups are available in the set and forget trading community. We go over dozens of scenarios every week in our daily and weekly updates so you don’t have to do the hard work of locating those potential imbalances and trade opportunities.

Forex trading analysis

A top down trading analysis is needed to make a trading decision in the Forex market. A single timeframe analysis is not enough to make a high probably a trading decision. Your Forex analysis will be lacking a very important piece of the puzzle, multiple timeframe trading analysis.

Forex market analysis

Multiple timeframe Forex market analysis is needed to make a trading decision in the Forex market. A single timeframe analysis is not enough to make a high probably a trading decision. Your Forex market analysis will be lacking a very important piece of the puzzle, multiple timeframe trading analysis.

FX daily analysis and prediction

We can use technical analysis together with supply and demand to trade and predict future moves in our FX daily analysis. We should not be talking about Forex FX daily analysis and prediction, it sounds as if we were talking about astrology. However using a supply and demand trading strategy will help us make a FX market prediction with a high degree of accuracy.

Forex technical indicators

The goal of any Forex trader or investor is to make as much profit as possible trading Forex. To achieve this, traders go long or short on certain Forex currency pairs, including EURUSD, GBPUSD, NZDUSD and the like. For day traders, profits are derived from the most liquid Forex cross pairs using technical indicators.

Technical indicators are very popular amongst Forex traders, however we do not really need them if we use supply and demand imbalances to place our trades on Forex.

Top down analysis fx

A top down analysis in the FX market analysis is needed to make a trading decision. A single timeframe analysis is not enough to make a high probably a trading decision. Your FX market analysis will be lacking a very important piece of the puzzle, multiple timeframe trading analysis.

Fundamental analysis forex

As supply and demand traders we do not need to take into consideration fundamental analysis. Unless you are doing intraday or scalping Forex cross pairs, fundamental analysis is usually priced in the Forex charts.

     
 

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