Blogs1 - 10 of 113 recent posts for tag:"forex charting software"
09
Feb
2012
$EURUSD – keeps head up

1 day ago by ProAct Traders

The bearish conditions yesterday did not materialize with any real follow through so now expecting the cross to continue. Look for 1.3352 as the first target and then possibly 1.3384. A bearish move signals a move to the .382 Fibo @ 1.3152.

ProAct Traders - easproact.wordpress.com · 3 references

08
Feb
2012
$EURUSD–bounce?

2 days ago by ProAct Traders

Currently we are @ 1.3275 and looking for a continuation north. The first target is the psychological area @ 1.3350 with further targets the R5 @ 1.3396. A break down south targets the 1.3172 area (we could bounce here).

ProAct Traders - easproact.wordpress.com · 3 references

04
Jan
2012
$EURJPY – new territory?

37 days ago by ProAct Traders

Currently the cross is @ 99.45. Lots of bearish activity but below the 99.32 has nothing but Fib targets to shoot for. We have not been in this price range since 2001! Next Target after the break of the 0.786 fibo is the 1.270 Fib @ 98.48 with the 1.618 target at 97.87.

ProAct Traders - easproact.wordpress.com · 3 references

03
Jan
2012
$USDCHF- bounce?

38 days ago by ProAct Traders

Currently the cross is @ 0.9353 after bouncing on the .618 Fibo @ 0.9322. Should see a continuation of the bullish move today although a run down to the R4 @ 0.9300 cannot be ruled out yet. Next Target is a return to the R5 @ 0.9444 with the next big target being the double top @ 0.9550. A break of ...

ProAct Traders - easproact.wordpress.com · 3 references

22
Dec
2011
$AUDUSD- Continuation?

50 days ago by ProAct Traders

Currently the cross is @ 1.0125 after bouncing on the .618 Fibo @ 1.0058. Should see a continuation of the bullish move today. The holidays and lack of liquidity could stall the movement on the cross. Next target is a return to the .382 Fibo @ 1.0181 with the next big target being the R5 @ 1.0253. A ...

ProAct Traders - easproact.wordpress.com · 3 references

19
Dec
2011
$GBPUSD- Breakout?

53 days ago by ProAct Traders

Currently the cross is @ 1.5530 after breaking out of the bear flag and going nowhere. The Cross is showing some signs of heading north although we are still clearly in a downtrend. A test of the 1.5553 and a break there look for the .500 Fibo as the upper immediate target @ 1.5597 then the .382 @ 1 ...

ProAct Traders - easproact.wordpress.com · 3 references

17
Dec
2011
Target Trading in the Forex the week of December 18th ,2011

54 days ago by ProAct Traders

$EURUSD WHAT Forex Target Traders SEE: We are currently sitting @ 1.3037 just under the .786 Fibo. We have a bear flag nicely built on the cross indicating further downside is possible. The day first chart bottom is @ 1.2869 so may reach out to there. There is still further downside possibilities to ...

ProAct Traders - easproact.wordpress.com · 3 references

16
Dec
2011
$NZDUSD- Breakout?

56 days ago by ProAct Traders

Currently the cross is @ 0.7632 after putting in the bottom. The Cross has continued unabated to the north and is just about the .500 Fibo. Due to this unabated run and the 50% retracement we could still have another run to the bottom at or near our current spot. Our next significant upper target is ...

ProAct Traders - easproact.wordpress.com · 3 references

15
Dec
2011
$GBPUSD- Decision?

57 days ago by ProAct Traders

Currently the cross is @ 1.5524 after putting in the bottom. The Cross has built an inverse head and shoulders pattern which is bullish but we could still have another run to the bottom at or near our current spot. Our next lower target back to the bottom @ 1.5400(big Psychological number – could bo ...

ProAct Traders - easproact.wordpress.com · 3 references

13
Dec
2011
$EURUSD- flag?

59 days ago by ProAct Traders

Currently the cross is @ 1.3190 after breaking through to the S5 target. The Cross is building a bear flag which is bearish but could still bounce here. Our next lower target is the -.270 Fib extension @ 1.3100 (big Psychological number – could bounce) and then the -0.618 fib extension @ 1.3021. For ...

ProAct Traders - easproact.wordpress.com · 3 references

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