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Mizuho’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200)
Danske’s technical analysis:
Market is in a downtrend. Suggested strategy is to attempt long (buy) if price breaks 1.6201 with first profit target at 1.7235. Place the [...]

I’ve been thinking that free trading videos would be a big plus for Pipholic. Unfortunately I’m having technical difficulties and time-limitation to provide such learning materials.
There are actually many forex-learning resources which provide free trading videos,  InformedTrades is one of them. InformedTrades tries to help people learn to trade by providing trading courses. They incorporate [...]

I finally closed this trade with +200 pips. The target wasn’t reached and price rebounded to north hitting my trailling stops. Below is the new trading idea based on today’s data.
Mizuho’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) at 1.5880; stop below 1.5400. First target 1.6000.
Danske’s technical analysis:
Market is sideways. Suggested [...]

I’m currently having a floating sell on gbp/usd. As I wrote in previous intraday trading idea, I would open a sell trade if gbp/usd price broke 1.5989. It happened yesterday, so that I opened sell at 1.5989. It’s currently floating on 204+ pips. Below is the chart with a little explanation.
Before you continue reading, please [...]

Nicole Elliot of Mizuho Bank wrote,”Stalling against the 38% Fibonacci retracement of the third leg lower and well below immediate trendline resistance with a ‘doji’ candle yesterday. Relief, but still well below last week’s high at 1.7518 which just goes to show what massive moves we have seen over the last four months.Expect a cautious [...]

One of my cable trades gave me 211 pips yesterday. I posted the trading-idea of this trade yesterday at about 08.00 GMT.
As I wrote there, the main reason I published that “trading idea” was to show you how I use the free technical analysis data for my intraday trading. Almost the same reason why [...]

This is my gbp/usd intraday trading idea based on data from technical analysis resources I mentioned before. I make use the daily pivot data which is written in today’s signal post. However this is different with the free forex signal. So please, don’t confuse both of them.
Mizuho technical analysis:
Market is sideways. Suggested strategy is [...]

There are many free forex technical analysis distributed over the internet. Be it in a one-man’s blog, corporate’s website, forex forum, mailing-lists or even in your trading platform. I had observed many of those technical analysis and found out that most of them are actually worthless. Some of them are even written to cheat readers.
IMHO, [...]