Mysticforex

-------------------------------------------------------------------------------------------------------------------------------------- Daily Pivot Points.mq4

After you added the indicator to the "Indicator" folder, did you close and restart MT4 ?

Fundamentals Ever since bottoming out below 1.2150 EUR/CHF has slowly climbed back the crisis in Crimea faded off the front pages. The ease in risk aversion has certainly helped the pair, but it may now face a new hurdle as traders begin to price in the prospect of ECB easing. The latest rumors to swirl around were that the ECB has modeled a possible 1 Trillion euros worth of QE, although no official has confirmed this story and so far the central bank remains stationary as to its policy intentions. Next week the calendar is relatively quiet, but if the market continues to focus on possible ECB easing then the EUR/CHF pair is clearly stalling at the 1.2250 may turn and begin to test the recent lows set earlier this month. Technicals The 1.2250 level remains critical to any near term breakouts for the pair as it appears to have made a double top at those levels. The break above however could open a run towards the 1.2350 target while a failure cold lead to a retest at 1.2150

Not sure what you mean by attach. You "drag the indicator onto the chart (MT4) and release. Then right click on the indicator and select "properties". There you can change the color. EDIT: Go to the folder that contains the MT4 or5 program you are planning to use. Open it. You will see a folder called "Experts", open it. Now you should see a folder called "Indicators", open it. Paste or copy or drag the new indicator into the "Indicator" folder. Now, if the MT$ is runnung you must re start it. When this is done click on the "Navigator" tab. You shold see the new indicator you just added. Drag it onto the chart and configure the colors etc. Hope this helps.

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GBP/CHF at a triple top on 1 hour TF... Just sold @ 14779. TP 60 pips. S/L 14830 Sorry can't post a chart now, have to run out. Will put up a chart when I get back.

Lot's of action on EUR/USD today thank's to Dragi. 13700 is key to further downside movement.

Tonight is a big night for the Australian and New Zealand dollars. Both currency pairs are trading near their recent highs with further gains contingent on positive surprises from many if not all of tonight’s economic reports. The evening kicks off with Australia’s manufacturing PMI index, which is probably the least interesting and market moving event risk of the night for AUD and NZD. Instead, forex traders are keenly waiting for China’s official manufacturing report and the Reserve Bank of Australia’s monetary policy announcement. Manufacturing activity in the world’s second largest economy is widely expected to slow further in March. However with the index hovering just a whisker above the 50 boom/bust mark, the danger is that the index could drop into contractionary territory. If China’s PMI index falls below 50, AUD and NZD could give up its gains quickly. However weaker data would also trigger additional speculation for accelerated stimulus from China, which could limit the downside in commodity currencies. If the PMI report surprises to the upside and improves or holds steady, AUD and NZD could climb to new highs. As for the RBA, no changes in monetary policy are expected. Central Bank Governor Stevens feels that economists are too pessimistic about the outlook for Australia, which can explain why he is not concerned about the current level of the Australian dollar.

The EUR/AUD has downside support at the 1.4775 level but if that does not hold then 1.4500 could come into view. Meanwhile 1.5000 caps the upside, but a break above that figure could take the pair towards 1.5200 as the strong bottom develops.

The EUR/AUD has downside support at the 1.4775 level but if that does not hold then 1.4500 could come into view. Meanwhile 1.5000 caps the upside, but a break above that figure could take the pair towards 1.5200 as the strong bottom develops.

. German Unemployment - Bullish EUR - Employment rose for fifth straight month 3. UK PMI Manufacturing - Bullish GBP - Improvement in CBI Trends Index 4. ISM Manufacturing - Bullish USD - Rise in Empire State and Philly Fed should overshadow decline in Chicago PMI

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IMHO, a good read on the subject is Martin Schwartz's "Pit Bull".

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Place Order to Sell EUR/AUD at 1.4972 Stop 1.5072 Close half at 1.4932 move stop to b/e Close rest at 1.4872

RE The Crisis in Ukraine : As a line in an old song said, "breaking up is hard to do." There is no doubt the EU is more at risk should sanctions expand. A combined banking and energy crisis would quickly reverse their claim to an economic recovery. I wonder if the markets are hoping this crisis will merely vanish. If it does not vanish, the USD (EURUSD, FXE, EU:US, UUP, UDN) should continue this week's gain versus the euro. BTW: BP owns a stake in the Russian state oil company Rosneft (RU:ROSN) It is rumored Rosneft is currently attempting to raise an additional $5B from BP. This week's pending fundamentals which, in the US, includes the durable goods number, and the quarterly annualized GDP number estimated to be a respectable 2.7%, may serve the markets bulls well. Gradual growth is preferred. Then there will be no fear of a speed update for higher bank rates, or a higher USD which might harm global growth.

-------------------------------------------------------------------------------------------------------------------------------------- I think GBP has been running on fumes and will lose some ground.

The GBP/USD seems to have run out of gas, no sense holding it over the weekend. I am closing the second half @16499 +30 on the first half, +28 on the second half.

-------------------------------------------------------------------------------------------------------------------------------------- Close half @16497. Move S/L to BE. Close rest @ 16415.

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--------------------------------------------------------------------------------------------------------------------------------------- Trade Open @ 16527

CAD/JPY is obviously weak. The previous 1 year low of 90.78 was set in February and tested in early March. If this level is broken in a meaningful way, there is no major support until 90. Should CAD/JPY recover, the first level of resistance will be around 92.25 with a more significant resistance level at 94.