Take Advantage of Big Bar in your Trading.

Do you know, Big bars can present a tremendous opportunity in Trading? Do you know how to take Advantage of Big Bar in your Trading?

In this post, we have discussed our proprietary concept of how to take Advantage of Big Bar in your Trading.

The chart below is a daily chart of commodity Sugar. Sugar price printed the Big Bar on Mon 07-Jan-2019. The low of the bar was 1200.1 and the high price on that day was 1271.2. That was a huge bar in comparison to previous bars. Sugar Price after the appearance of the Big Bar tried to re-test the high of the bar on Fri 25-Jan-2019. It could manage to penetrate the high price level and closed below the said level on that day. We should not jump on to buy Sugar on that day since the close was below the high price. Instead, we should wait till Thu 14-Feb-2019 when the price got bounced from the 61.8% Fibonacci level (drawn from 03.01.2019 to 16.01.2019).

Big Bar Trading on Sugar

Next chart below is a daily chart of commodity Gold. Gold price printed the Big Bar on Fri 25-Jan-2019. The low of the bar was 1280.1 and the high price on that day was 1304.1. That was a huge bar in comparison to previous bars. Gold Price after the appearance of the Big Bar tried to re-test the high of the bar on Thu 07-Feb-2019. It could not manage to penetrate the high price level and closed above the said level on that day and also on following days viz. 11.02.2019 and 14.02.2019. Since it closed above the high price there were 3 distinct opportunities to trade Gold from those levels to the upside.

Big-Bar-Trading-Spot-Gold

Now you can also learn how to trade Big Bars efficiently with us to explore the possibility of earning passive income keeping your day job. Big Bars can be traded through our proprietary methodologies.

Our Proprietary Big Bar Trading Strategy will guide you on every step of your trading in a commodity like Spot Gold and Sugar e.g. Start exploring the possibility of earning extra income. Learn what all other Big Bar Trading Strategies we are adopting to Trade in our Trading different Asset Classes. Develop yourself as a professional trader capable of capturing extra income in the future with us.

To know how to take Advantage of Big Bar in your Trading, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9015 4858
email: info@npfinancials.com.au

Our 21-January 2019 Post on Commodity Sugar:

Commodity Sugar: Technical Analysis as of now: Commodity Sugar is crossing all the hurdles as shown in the monthly chart below:

Commodity-Trading-NP-Financials-Sugar

As we can see in the chart above, Commodity Sugar is getting support recently from the following Demand levels:

  1. 1,082.8 which was the swing low of August 2015.
  2. 1,260.8 which was the swing low of February 2016.
  3. 1,273.1 which was the swing low of June 2017.

Commodity Sugar, recently, has also broken the two important Trend lines as depicted below:

  1. Trend line drawn from swing high of Septemeber 2016 to February 2017 and
  2. Trend line drawn from swing high of January 2018 to June 2018 as shown in the monthly chart above for Commodity Sugar.

The last hurdle for Commodity Sugar to clear is the Trend line drawn from swing high of November 2017 to January 2018 (the pink line).

It is important for Commodity Sugar to stay above our Support line of 1,273.1 for next 6 days till the end of this month of January 2019 for an upside potential.

Now learn how to trade Sugar Market as a commodity with us to explore the possibility of earning passive income keeping your day job. Commodity Sugar can be traded through our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Sugar and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Sugar Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Useful Links: 5417

Learn how to Trade EURO by having an eye on US Dollar Index (DX)

In this post, we have helped you to take your Forex Trading to the Next Level through our professional approach on how to Trade EURO Dollar (EUR/USD) by having an eye on US Dollar Index (DX). Let us first explain, what is US Dollar Index (DX).  

We have a concept of the US Dollar Index or US Dollar Basket in foreign exchange trading. This Basket is a composite index comprises of 6 currency pairs which are traded with US Dollar directly. These 6 currency pairs are as below:
EUR/USD (Euro), USD/JPY (Yen), GBP/USD (Sterling), USD/CHF (Swissy), USD/CAD (Loonie) and USD/SEK (Swedish Krona against US Dollar).
US Dollar index is an important instrument to know and look for if you are serious about your forex trading. You can also trade this US Dollar index as an instrument in some broker platform. US Dollar index can be represented graphically as below:

NP-Financials-US-Dollar-Index

Now the question is how you can take your Forex Trading to the Next Level through our professional approach on how to Trade EURO Dollar (EUR/USD) by having an eye on US Dollar Index (DX). This is illustrated in the following two daily charts. The first chart is for EUR/USD, in which we have plotted a 200-period exponential moving average (EMA) along with the price bars of EUR/USD currency pair as shown below. One way to consider bullish and bearish BIAS of a tradeable instrument is to observe whether the price is plotting above its 200-period exponential moving average or below its 200-period exponential moving average respectively. Once we have identified the BIAS then only one thing is left out to observe and trade the Bounce or Breakout of the tradeable instrument from its 200-period exponential moving average.

As we always say, that Price can and will do whatever it does. But to stack the probability in our favour, we can combine the movements of EUR/USD and US Dollar Index (DX). Below chart is for EUR/USD with the 200 EMA in which we can observe that EURO price bars actually did not bounce from the all-important 200 EMA on 10.01.2019 and 31.01.2019 as shown below:

Forex-Trading-NP-Financials-EUR-USD-daily-Chart-January-2019

After observing that EURO price bars actually did not bounce from the all-important 200 EMA on 10.01.2019 and 31.01.2019 we now go and refer to US Dollar Index for the same 2 said dates and see that US Dollar Index has actually bounced from the all-important 200 EMA on 10.01.2019 and 31.01.2019 as shown below:

Forex-Trading-NP-Financials-DX-daily-Chart-January-2019

EUR/USD and US Dollar Index, when put together, gave us the additional confirmation on how to take the 2 bounced trades for EUR/USD from the all-important 200 EMA on 10.01.2019 and 31.01.2019.

Now you must be wondering how you can take your Forex Trading to the Next Level through all our professional approaches. To take your Forex Trading to the Next Level through all our professional approaches and to find out the answers to all your Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Now you can learn to trade Forex Pairs with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Forex Trading Strategy which work will guide you through every step of your trading in Forex Pairs and explore the possibility of earning extra income. Learn what all other Forex Currency Pairs we are Trading in our Forex Trading Asset Class. Develop yourself as a professional trader capable of capturing second income in the future with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Related Links:

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage, Margin, Leverage, Tom-Next etc. You will also know more about why we are saying, “Aussie is following our way”.

Start your Forex Trading with Partha Banerjee of N P Financials by doing one-on-one coaching

Learn Trading from our A full-time Professional Trader. This is a step by step hand holding program designed keeping in mind your learning progression. You will also know more about why we are saying, “Aussie is following our way”.

Learn the Foundation of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF (Professional Proprietary Trading firm) will be your own personal coach for 3 months. It will give you twelve, one-on-one coaching sessions. You will be attending one monthly Seminar. You will also know more about why we are saying, “Aussie is following our way”.

Take advantage of our Proprietary Forex Mentorship Program with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 6 months. You will be introduced to our Proprietary Trading Edge. It will give you twenty-four, one-on-one coaching sessions. You will also know more about why we are saying, “Aussie is following our way”.

Advance your Forex Trading Progression with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 9 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Develop yourself as a Professional Forex Trader with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 12 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge.

Take advantage of our Proprietary One day Forex Training Courses with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Take Advantage of On-Demand Learning from popular One Day Courses. Identify Correct and Relevant Market Reversals through advanced Candlestick Charting. Understand Market Evaluation through our specialized Fibonacci Techniques. Understand correct Price Plot Patterns.

GOLD achieved our 2nd Price Objective as pointed out in our 23-Dec Post.

GOLD achieved our 2nd Price Objective as pointed out in our 23-December 2018 Post.

In our blog post dated 23-December 2018 just 2 weeks before, for price objective of Gold from our technical analysis for Gold, we wrote, “In this blog post for Spot Gold, we have highlighted the future price objectives of Spot Gold at <1> 1,287 as price objective level 1, <2> 1,321.4 as price objective level 2”.

Just after 7 days after our post on Gold, Gold achieved our second price objective smoothly at 1,321.4 level on Wednesday 30-January 2019 after reaching our first price objective at 1,287 level on Friday 25-January 2019. Our posts’ price objectives were so definitely accurate. This is only because since we Trade for our leaving.

In our blog post dated 23-December 2018 just 2 weeks before, for price objective of Gold from our technical analysis for Gold, we also wrote for the 3rd price objective as, “1,349.9 as price objective level 3 as marked in the above weekly chart”.

This 3rd price objective of 1,349.9 is only 32.2 points away from the last Friday’s close for Gold which was at 1,317.7 price level as shown below:

Commodity-Trading-NP-Financials-Gold-weekly-Chart-January-2019

Now learn how to trade Spot gold Market as a commodity or currency with us to explore the possibility of earning passive income keeping your day job. Spot Gold Market can be traded through our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Spot Gold and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us.

Trade Commodity Spot Gold Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Our 23-December 2018 Post:

In our blog post dated 14 October 2018, we wrote, “If the price of Spot gold (XAU/USD) Market in the coming week i.e. week number 42 (from 15.10.2018 till 19.10.2018) goes above 1,226.5 level then it can be considered to go up further”.

As per our above price objective writing for Spot Gold in our blog post dated 14 October 2018, price indeed went above the mentioned level of 1,226.5 level in the said week number 42 (from 15.10.2018 till 19.10.2018) and closed at the level of 1,226.8 with a high price printed at 1,233.4 level. Point to be noted here is, both the prices (close price as well as high price) of Spot Gold actually went above our mentioned price level of 1,226.5.

Spot Gold Price Objective

Exactly as per our price objective writing for Spot Gold in our blog post dated 14 October 2018, price indeed went further up and now the price of Spot Gold is at 1,255.8 as shown in the weekly chart.

We have highlighted the bullish reversal candles for Spot gold in the weekly chart as

1> Bullish “Piercing Candle” plotted in 20-August 2018 which was week number 34,

2> Bullish “Morning Star Candle” plotted in 17-September 2018 which was week number 38, and

3> Bullish “Engulfing Candle” plotted in 01-October 2018 which was week number 40. After this, there was no looking back. It is continuously printing higher peak on 22-October 2018  which was week number 43 and higher troughs on 12-November 2018 which was week number 46 and another one on 26-November 2018 which was week number 48.

In this blog post for Spot Gold, we have highlighted the future price objectives of Spot Gold at

1> 1,287 as price objective level 1,

2> 1,321.4 as  price objective level 2, and

2> 1,349.9 as price objective level 3 as marked in the above weekly chart.

Now learn how to trade Spot gold Market as a commodity or currency with us to explore the possibility of earning passive income keeping your day job. Spot Gold Market can be traded through our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Spot Gold and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Spot Gold Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Our blog post dated 14 October 2018:

Future Price Objective Analysis for Spot gold (XAU/USD): In this post, we have highlighted the possible future Price Objective Analysis for Spot gold with the help of our Technical Analysis as shown below. The chart shown below is a weekly time frame chart for the Price Objective Analysis for Spot gold currency pair.

Analysis for Spot gold

After going through this Analysis for Spot gold (XAU/USD) Technically, you will be in a position to understand the following:

  1. Why Price of Spot Gold Currency (XAU/USD) is doing what it is doing as of now,
  2. What are the specific support and resistance levels for Spot Gold Currency (XAU/USD) we are illustrating here according to our current observation,
  3. What Price of Spot Gold Currency (XAU/USD) can do in future if the said Market Structure matures,
  4. How you can take advantage of Our Technical Analysis for the Spot Gold Currency (XAU/USD) Currency Market.

Spot gold (XAU/USD) Market price at the time of writing this blog post is 1,217.9. For the future Price Objective Analysis for Spot gold (XAU/USD) above we have chosen the weekly chart. The Fibonacci for the future Price Objective Analysis for Spot gold (XAU/USD) is drawn from the swing low of week number 50, 2016 (from 12.12.2016 to 16.12.2016) to the swing high plotted on week number 15, 2018 (from 09.04.2018 to 13.04.2018). Spot gold (XAU/USD) Market was trapped within the 61.80% (price level of 1,215.4) Fibonacci level and the 78.60% (price level of 1,174.7) Fibonacci level from the week number 31, 2018 (from 30.07.2018 to 03.08.2018) till last week i.e. week number 40, 2018 (from 01.10.2018 to 05.10.2018). Price of Spot gold (XAU/USD) Market last week (from 08.10.2018 till 12.10.2018) closed above the 61.80% (price level of 1,215.4) Fibonacci level for the first time after 10 straight weeks. This can be considered as important close for Spot gold (XAU/USD) Market. If the price of Spot gold (XAU/USD) Market in the coming week i.e. week number 42 (from 15.10.2018 till 19.10.2018) goes above 1,226.5 level then it can be considered to go up further.

To substantiate the above analysis for Spot gold (XAU/USD) Market, we have shown the monthly chart for the same market (Spot gold XAU/USD) below:

Spot gold (XAU/USD) Market monthly chart

Monthly price chart of Spot gold (XAU/USD) above is also showing a support level. The support levels were generated by joining the swing low plotted on the month of December 2015 till August 2018 and again by joining the swing low plotted on the month of December 2016 till August 2018.

Now learn how to trade Spot gold Market as a commodity or currency with us to explore the possibility of earning passive income keeping your day job. Spot Gold Market can be traded through our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Spot Gold and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Spot Gold Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Recent Posts: 5399

Extreme Power of Pivot + Moving Average

In this post, we have highlighted the extreme power of Pivot line and Exponential Moving Average when used together. The Pivot line we have used to demonstrate the power is the Weekly Pivot (calculation shown below). And the type of Moving Average we have used is “Exponential”. The number of period for the Exponential Moving Average used here is 50.

We have demonstrated the extreme effect of these two trading elements (Pivot line and Exponential Moving Average) by using them together in two charts. The first chart is for the currency period GBP/AUD (Sterling Aussie or Pound Aussie) and second chart is for the currency period GBP/USD (Sterling Dollar or Pound Dollar) as shown below to show the power you can be benefited by using Pivot line and Exponential  Moving Average together.

Weekly Pivot can be calculated as equal to (last week’s high value + last week’s low value + last week’s close value) / 3

50 period weekly Exponential Average (50 EMA) can be calculated as below:

pe = 2 / (50+1)

50 EMA = (close level of the week * pe) + (last week’s moving average * (100 – pe))

Please don’t worry about these calculations, since they are for the academics, as most of the computers plot them on your chart automatically. Now let us take advantage of using Pivot line and Exponential Moving Average together on last week’s chart for GBP/AUD (Sterling Aussie or Pound Aussie) as shown below. Last week’s setting of Pivot + EMA for GBP/AUD captured a massive 469 pips in 5 days.

Extreme Power of Pivot + Moving Average: GBP/AUD

Below chart is for the currency period GBP/USD (Sterling Dollar or Pound Dollar) as shown below to show the power you can be benefited by using Pivot line and Exponential  Moving Average together. Last week’s setting of Pivot + EMA for GBP/USD captured a massive 352 pips in 5 days.

Extreme Power of Pivot + Moving Average: GBP/USD

Both put together have captured a stupendous 821 (469 + 352) points for the said 2 currency pairs.

Now the question is don’t you want to know how to maximize profit booking from these type of setup. To maximize profit potential in the Professional way so that it will be easier for you to Trade Forex Pairs in future from the current level and to find out the answers to all your Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Now you can learn to trade Forex Pairs with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Forex Trading Strategy which work will guide you through every step of your trading in Forex Pairs and explore the possibility of earning extra income. Learn what all other Forex Currency Pairs we are Trading in our Forex Trading Asset Class. Develop yourself as a professional trader capable of capturing second income in the future with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Related Links:

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage, Margin, Leverage, Tom-Next etc. You will also know more about why we are saying, “Aussie is following our way”.

Start your Forex Trading with Partha Banerjee of N P Financials by doing one-on-one coaching

Learn Trading from our A full-time Professional Trader. This is a step by step hand holding program designed keeping in mind your learning progression. You will also know more about why we are saying, “Aussie is following our way”.

Learn the Foundation of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF (Professional Proprietary Trading firm) will be your own personal coach for 3 months. It will give you twelve, one-on-one coaching sessions. You will be attending one monthly Seminar. You will also know more about why we are saying, “Aussie is following our way”.

Take advantage of our Proprietary Forex Mentorship Program with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 6 months. You will be introduced to our Proprietary Trading Edge. It will give you twenty-four, one-on-one coaching sessions. You will also know more about why we are saying, “Aussie is following our way”.

Advance your Forex Trading Progression with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 9 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Develop yourself as a Professional Forex Trader with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 12 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge.

Take advantage of our Proprietary One day Forex Training Courses with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Take Advantage of On-Demand Learning from popular One Day Courses. Identify Correct and Relevant Market Reversals through advanced Candlestick Charting. Understand Market Evaluation through our specialized Fibonacci Techniques. Understand correct Price Plot Patterns.

Commodity Sugar: Technical Analysis as of now.

Commodity Sugar: Technical Analysis as of now: Commodity Sugar is crossing all the hurdles as shown in the monthly chart below:

Commodity-Trading-NP-Financials-Sugar

As we can see in the chart above, Commodity Sugar is getting support recently from the following Demand levels:

  1. 1,082.8 which was the swing low of August 2015.
  2. 1,260.8 which was the swing low of February 2016.
  3. 1,273.1 which was the swing low of June 2017.

Commodity Sugar, recently, has also broken the two important Trend lines as depicted below:

  1. Trend line drawn from swing high of Septemeber 2016 to February 2017 and
  2. Trend line drawn from swing high of January 2018 to June 2018 as shown in the monthly chart above for Commodity Sugar.

The last hurdle for Commodity Sugar to clear is the Trend line drawn from swing high of November 2017 to January 2018 (the pink line).

It is important for Commodity Sugar to stay above our Support line of 1,273.1 for next 6 days till the end of this month of January 2019 for an upside potential.

Now learn how to trade Sugar Market as a commodity with us to explore the possibility of earning passive income keeping your day job. Commodity Sugar can be traded through our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Sugar and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Sugar Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

 

Useful Links: 5390

The New Normal Definition of so-called “Low Volatility” during Holiday Period

The New Normal Definition of so-called “Low Volatility” during Holiday Period: In this post, we have highlighted the New Normal Definition of so-called “Low Volatility” during Holiday Period for Sterling (GBP/USD) Dollar with the help of our Technical Analysis as shown below. The charts discussed here are daily and monthly time frame charts of the Sterling (GBP/USD) Dollar Forex currency pair.

Generally speaking, they say Low Volatility time specifically coincides with the Christmas Holiday Period. This Low Volatility period can be thought of for the period from 24.12.2018 till 04.01.2019 for 2018-2019. Low Volatility happens when the big banks are on holidays. Low Volatility can mean poor price movement. Low Volatility means low price movement which can equate to minimal trading opportunities for  Forex traders.

However instead of staying/ moving in a small and tight range during this so-called low volatility period, the Sterling (GBP/USD) Dollar Forex currency pair printed the following price movements:

  1. On 24.12.2018 (Christmas Eve), GBP/USD moved a big 105 pips (percentage in points).
  2. On 26.12.2018 (post-Christmas), GBP/USD moved 90 pips.
  3. On 31.12.2018 (New Year Eve), GBP/USD moved a solid 135 pips.
  4. On 02.01.2019 (post-New-Year day), GBP/USD moved a massive 338 pips.

We need to remember here that the 200-day Average True Range (high price – low price) for Sterling (GBP/USD) Dollar is about 110 pips as of now. But from above we can see that during the so-called low volatility days Sterling (GBP/USD) Dollar printed higher values than the 200-day Average True Range as shown below.

After going through the below mentioned Sterling (GBP/USD) Dollar Technical Analysis, you will be in a position to understand the following:

  1. The New Normal Definition of so-called “Low Volatility” during the Holiday Period.

New normal of low volatility period

After going through the below mentioned Sterling (GBP/USD) Dollar monthly price-chart’s Technical Analysis, you will be in a position to understand the following:

  1. What are the specific support/ resistance levels for Sterling (GBP/USD) Dollar we are observing here according to our current observation,
  2. What Price of Sterling (GBP/USD) Dollar can do in near-future (maybe from tomorrow) if the said Market Structure matures,
  3. How you can take advantage of Our Technical Analysis for the Sterling (GBP/USD) Dollar Market.

 

Low volatility Trading

Above chart is a monthly chart for Sterling (GBP/USD) Dollar forex currency pair. The immediate resistance line is drawn from last month’s high which price can break maybe tomorrow (14.01.2019) or in near future. This month’s (January 2019) close can be above the high of last month’s (December 2018) high which was 1.2840. Now price is trading just shy of 1 pip from that level of 1.2840 at 1.2839 at the time of writing this post.

The monthly Trend line is drawn from the swing high of April 2018 to the swing high of September 2018. Last month’s price has closed above the said trend line. Now we only need to see that this month’s (January 2019) price is trading above the high of last month’s (December 2018) high which was 1.2840 for GBP/USD to possibly go up. This immediate rise in price can be up to 1.3048 as shown in the chart.

Now the question is what the price of Forex Pair Sterling (GBP/USD) going to do in future. To technically identify the next possible price objective for Forex Pair Sterling (GBP/USD) in the Professional way so that it will be easier for you to Trade Forex Pair Sterling (GBP/USD) in future from the current level and to find out the answers to all your Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Now you can learn to trade Forex Pair Sterling (GBP/USD) with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Forex Trading Strategy which work will guide you through every step of your trading in Forex Pair Sterling (GBP/USD) and explore the possibility of earning extra income. Learn what all other Forex Currency Pairs we are Trading in our Forex Trading Asset Class. Develop yourself as a professional trader capable of capturing second income in the future with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Related Links:

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage, Margin, Leverage, Tom-Next etc. You will also know more about why we are saying, “Aussie is following our way”.

Start your Forex Trading with Partha Banerjee of N P Financials by doing one-on-one coaching

Learn Trading from our A full-time Professional Trader. This is a step by step hand holding program designed keeping in mind your learning progression. You will also know more about why we are saying, “Aussie is following our way”.

Learn the Foundation of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF (Professional Proprietary Trading firm) will be your own personal coach for 3 months. It will give you twelve, one-on-one coaching sessions. You will be attending one monthly Seminar. You will also know more about why we are saying, “Aussie is following our way”.

Take advantage of our Proprietary Forex Mentorship Program with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 6 months. You will be introduced to our Proprietary Trading Edge. It will give you twenty-four, one-on-one coaching sessions. You will also know more about why we are saying, “Aussie is following our way”.

Advance your Forex Trading Progression with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 9 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Develop yourself as a Professional Forex Trader with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 12 months. You will be introduced to our Proprietary Trading Edges. You will also know more about why we are saying, “Aussie is following our way”.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge.

Take advantage of our Proprietary One day Forex Training Courses with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Take Advantage of On-Demand Learning from popular One Day Courses. Identify Correct and Relevant Market Reversals through advanced Candlestick Charting. Understand Market Evaluation through our specialized Fibonacci Techniques. Understand correct Price Plot Patterns.

After seeing outcomes from N P Financials’ sample Trade Ideas, what are you Waiting for?

In this post, we have demonstrated the outcomes from N P Financials’ sample trade ideas throughout the entire year i.e. 2018 which were shared with our paid clients.

Below trade ideas of N P Financials were for the last quarter, i.e. from October 2018 to December 2018:

Trade ideas of N P Financials

For the 4th quarter, October to December 2018 from N P Financials’ sample Trade Idea: Our clients bagged a

massive 5,660 pips (percentage in points) from 22 sample Trade-Ideas.

For the 3rd quarter, July to September 2018 from N P Financials’ sample Trade Idea: Our clients got a

humongous 11,322 pips (percentage in points) from 50 sample Trade-Ideas.

For the 2nd quarter, April to June 2018 from N P Financials’ sample Trade Idea: Our clients received a

massive 2,911 pips (percentage in points) from 16 sample Trade-Ideas.

For the 1st quarter, January to March 2018 from N P Financials’ sample Trade Idea: Our clients bagged a

817 pips (percentage in points) from 19 sample Trade-Ideas.

The equity curve for the entire year from these sample Trade-Ideas can be observed as below:

Equity Curve N P Financials

N P Financials’ 3 Sample Trade Ideas: Below mentioned is a demonstration of 3 sample Trade-Ideas for our Paid Clients”:

Profit 1: 500 PIPS Profit booked on Euro Aussie (EUR/AUD) Forex Pair on 28.05.2018 as per our Trade Idea shared with our paid clients dated 06.05.2018.

Profit 2: 350 PIPS Profit booked on Euro (EUR/USD) Forex Pair on 25.05.2018 as per our Trade Idea shared with our paid clients dated 06.05.2018.

Profit 3: 320 PIPS Profit booked on Japanese Yen (USD/JPY) Forex Pair on 21.05.2018 as per our Trade Idea shared with our paid clients dated 20.04.2018.

N P Financials’ another 2 Sample Trade Ideas: Below mentioned is a demonstration of another 2 sample Trade-Ideas for our Paid Clients”:

Profit 1: 3,100 PIPS Profit booked on Commodity Soybean Meal on 14.06.2018 as per our Trade Idea shared with our paid clients dated 04.06.2018

Profit 2: 2,010 PIPS Profit booked on Twitter Shares on 13.06.2018 as per our Trade Idea shared with our paid clients dated 02.11.2017 with a follow-up, dated 12.02.2018

We have again demonstrated throughout the year that N P Financials’ paid clients get much more than what they pay, through our sample Trade-Ideas.

Now after seeing the outcomes from N P Financials’ sample Trade Ideas for the entire year, what are you Waiting for? To start your learning process of how to earn trading Forex, Commodities, Shares, Bonds, Indices or Cryptocurrencies, please contact us at 03 9566 7275 and book your FREE Trading discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

We help you to get trained to explore the possibility of earning passive income keeping your day job.

Our Proprietary Trading Strategies will guide you through every step of your trading in Forex currency pairs, Commodities, Shares, Bond, Indices and Crypto Currencies to explore the possibility of earning extra income. Learn what all other instruments we are Trading in our 6 Trading Asset Classes. Develop yourself as a professional trader capable of capturing extra income in the new year i.e. 2019 with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us at +61 3 9566 7275
email: info@npfinancials.com.au

Useful Links:

Learn Share Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Learn how to Trade the Directional Share Market. Get mentored in the art and science of Share Trading in our proprietary 6 months developmental course. Derive benefit from our effective Share Trading Strategies.

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage etc.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System e.g. Stock CFD Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge e.g. Stock CFD Trading

The Year 2018 with N P Financials: Successes followed by Successes: A retrospection:

In this post we have critically analyzed the outcomes or performances of our blog posts throughout the entire year i.e. 2018 as below:

30th January 2018: We wrote, “DOW JONES INDEX (Wall Street Cash) is now at our Resistance/Supply Line at 26,702 price level”:

Dow Jones came down 3,590 Pips in 6 days after our Blog Post

23rd February 2018: We wrote, “Do you know, how to Trade U.S. Dollar Index (DX) from here (8,948 Support level)?”:

Just after 3 months of our post, U.S. Dollar Index rose up to 9,357 level which was a gain of 409 points.

4th March 2018: We posted, “Trade Germany 30 Cash Index (DAX) from here (12,002 Support level)”:

Just after 2 months of our post, DAX Index rose up to 12,844 level which was a gain of 842 points.

18th March 2018: We posted, “Trade ASX 200 Cash Index from here with us (5,979 Resistance level)”:

Australian 200 Cash Index fell 208 points from our Resistance line at 5,979 in 6 days after our post on 18th of March 2018.

8th April 2018: We wrote, “What they will not tell you about Trading Rio Tinto Shares now (73.17 Support/ Demand level)”:

As we Said, so it Happened for RIO Tinto Shares! Rio Tinto Bounced 648 PIPS exactly from our Support level of 72.30 as posted in this Blog.

21st April 2018: Our post was, “Forex currency pair USD/JPY is at a very critical position now. The currency pair USD/JPY is trading now, at the time of writing this Blog Post, at 107.63. Do you know how to Trade USD/JPY from here?”:

As we projected the take profit target for USD/JPY at 110.7846 so it happened on 26th May 2018. A total gain of 315 points from this post.

9th June 2018: Our post was, “We give Trading Ideas at our Blog Post, FREE. We also give 99% MORE to our Paid Clients”:

Profit 1: 500 PIPS Profit booked on Euro Aussie (EUR/AUD) Forex Pair on 28.05.2018 as per our Trade Idea shared with our paid clients dated 06.05.2018.

Profit 2: 350 PIPS Profit booked on Euro (EUR/USD) Forex Pair on 25.05.2018 as per our Trade Idea shared with our paid clients dated 06.05.2018.

Profit 3: 320 PIPS Profit booked on Japanese Yen (USD/JPY) Forex Pair on 21.05.2018 as per our Trade Idea shared with our paid clients dated 20.04.2018.

16th June 2018: We wrote, “You only need 2 Trade Ideas as our Member Client to grab 5,110 Profit Points from Market”:

Profit 1: 3,100 PIPS Profit booked on Commodity Soybean Meal on 14.06.2018 as per our Trade Idea shared with our paid clients dated 04.06.2018

Profit 2: 2,010 PIPS Profit booked on Twitter Shares on 13.06.2018 as per our Trade Idea shared with our paid clients dated 02.11.2017 with a follow-up, dated 12.02.2018

12th August 2018: We wrote, “Are Forex Currency Pairs EUR/USD and AUD/USD (at 0.7295 Resistance level)in trouble now?”:

As on 2nd September 2018, AUD/USD fell a solid 100 pips after our post.  

26th August 2018: We wrote, “ASX 200 Index: Technical knows all Fundamentals”:

As on 9th September, ASX 200 just waited for the fundamental news to happen and did its job by sliding down a massive 277.9 pips after our post.

30th September 2018: We posted, “US Crude Oil Market Analysis through Scientific Method (at 7,408.6 Resistance level)”:

As on 11th November 2018, Commodity Oil gave us a profit of a humongous 1,685 points.

7th October 2018: We posted, “Future Price Objective of Bitcoin Cryptocurrency (at 6,539 price level) in which we wrote, “if the close of Bitcoin Cryptocurrency is staying below the said 2 Resistance lines then there is a possibility of a price move down””:

As on 14 December 2018, Bitcoin not only stayed below our said Resistance level of 6,539 but also felled a massive 3,382 points as per our post.

14th October 2018: Our post was, “Recent Price Objective Analysis for Spot gold (at 1,217.9 Support level)”:

As on 28th December 2018, Spot gold was trading at 1,281.1 which was a gain of 63.2 points as per our post.

21st October 2018: Our post was, “Technical Analysis of Sterling Aussie (GBP/AUD) Currency Pair (at 1.8352 Resistance level)”:

As on 4th November 2018, GBP/AUD fell a massive 342 points as per our blog post.

28th October 2018: Our post was, “Is this a Start of a Bear Market in Stock and Index Trading (with Dow Jones at 24,730 Resistance level and DAX at 11,215 Resistance level)?”:

Just before Christmas on 24th December 2018, Dow Jones was trading at 21,699 level which was down by stupendous 3,031 points and DAX at 10,286 level down by 929 points from our post.

We have again demonstrated throughout the year that our blog posts in general and trade ideas, in particular, have helped all of you.

To start your learning process of how to earn trading Forex, Commodities, Shares, Bonds, Indices or Cryptocurrencies, please contact us at 03 9566 7275 and book your FREE Trading discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

We help you to get trained to explore the possibility of earning passive income keeping your day job.

Our Proprietary Trading Strategies will guide you through every step of your trading in Forex currency pairs, Commodities, Shares, Bond, Indices and Crypto Currencies to explore the possibility of earning extra income. Learn what all other instruments we are Trading in our 6 Trading Asset Classes. Develop yourself as a professional trader capable of capturing extra income in the new year i.e. 2019 with us.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us at +61 3 9566 7275
email: info@npfinancials.com.au

From the Trading Team at N P Financials, we wish you a Happy New Trading Year. We are here to help you.

Price Objective Analysis for Spot Gold (XAU/USD) after our post dated 14 October 2018

Spot Gold (XAUUSD or ) has exactly bounced from our level posted in our blog post dated 14 October 2018.

In our blog post dated 14 October 2018, we wrote, “If the price of Spot gold (XAU/USD) Market in the coming week i.e. week number 42 (from 15.10.2018 till 19.10.2018) goes above 1,226.5 level then it can be considered to go up further”.

As per our above price objective writing for Spot Gold in our blog post dated 14 October 2018, price indeed went above the mentioned level of 1,226.5 level in the said week number 42 (from 15.10.2018 till 19.10.2018) and closed at the level of 1,226.8 with a high price printed at 1,233.4 level. Point to be noted here is, both the prices (close price as well as high price) of Spot Gold actually went above our mentioned price level of 1,226.5.

Spot Gold Price Objective

Exactly as per our price objective writing for Spot Gold in our blog post dated 14 October 2018, price indeed went further up and now the price of Spot Gold is at 1,255.8 as shown in the weekly chart.

We have highlighted the bullish reversal candles for Spot gold in the weekly chart as

1> Bullish “Piercing Candle” plotted in 20-August 2018 which was week number 34,

2> Bullish “Morning Star Candle” plotted in 17-September 2018 which was week number 38, and

3> Bullish “Engulfing Candle” plotted in 01-October 2018 which was week number 40. After this, there was no looking back. It is continuously printing higher peak on 22-October 2018  which was week number 43 and higher troughs on 12-November 2018 which was week number 46 and another one on 26-November 2018 which was week number 48.

In this blog post for Spot Gold, we have highlighted the future price objectives of Spot Gold at

1> 1,287 as price objective level 1,

2> 1,321.4 as  price objective level 2, and

2> 1,349.9 as price objective level 3 as marked in the above weekly chart.

Now learn how to trade Spot gold Market as a commodity or currency with us to explore the possibility of earning passive income keeping your day job. Spot Gold Market can be traded through our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Spot Gold and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Spot Gold Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Our blog post dated 14 October 2018:

Future Price Objective Analysis for Spot gold (XAU/USD): In this post, we have highlighted the possible future Price Objective Analysis for Spot gold with the help of our Technical Analysis as shown below. The chart shown below is a weekly time frame chart for the Price Objective Analysis for Spot gold currency pair.

Analysis for Spot gold

After going through this Analysis for Spot gold (XAU/USD) Technically, you will be in a position to understand the following:

  1. Why Price of Spot Gold Currency (XAU/USD) is doing what it is doing as of now,
  2. What are the specific support and resistance levels for Spot Gold Currency (XAU/USD) we are illustrating here according to our current observation,
  3. What Price of Spot Gold Currency (XAU/USD) can do in future if the said Market Structure matures,
  4. How you can take advantage of Our Technical Analysis for the Spot Gold Currency (XAU/USD) Currency Market.

Spot gold (XAU/USD) Market price at the time of writing this blog post is 1,217.9. For the future Price Objective Analysis for Spot gold (XAU/USD) above we have chosen the weekly chart. The Fibonacci for the future Price Objective Analysis for Spot gold (XAU/USD) is drawn from the swing low of week number 50, 2016 (from 12.12.2016 to 16.12.2016) to the swing high plotted on week number 15, 2018 (from 09.04.2018 to 13.04.2018). Spot gold (XAU/USD) Market was trapped within the 61.80% (price level of 1,215.4) Fibonacci level and the 78.60% (price level of 1,174.7) Fibonacci level from the week number 31, 2018 (from 30.07.2018 to 03.08.2018) till last week i.e. week number 40, 2018 (from 01.10.2018 to 05.10.2018). Price of Spot gold (XAU/USD) Market last week (from 08.10.2018 till 12.10.2018) closed above the 61.80% (price level of 1,215.4) Fibonacci level for the first time after 10 straight weeks. This can be considered as important close for Spot gold (XAU/USD) Market. If the price of Spot gold (XAU/USD) Market in the coming week i.e. week number 42 (from 15.10.2018 till 19.10.2018) goes above 1,226.5 level then it can be considered to go up further.

To substantiate the above analysis for Spot gold (XAU/USD) Market, we have shown the monthly chart for the same market (Spot gold XAU/USD) below:

Spot gold (XAU/USD) Market monthly chart

Monthly price chart of Spot gold (XAU/USD) above is also showing a support level. The support levels were generated by joining the swing low plotted on the month of December 2015 till August 2018 and again by joining the swing low plotted on the month of December 2016 till August 2018.

Now learn how to trade Spot gold Market as a commodity or currency with us to explore the possibility of earning passive income keeping your day job. Spot Gold Market can be traded through our Power of Scientific Method of Market Analysis as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through Our Power of Scientific Method of Market Analysis every step of your trading in a commodity like Spot Gold and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Spot Gold Market as a contract for difference through Our Power of Scientific Method of Market Analysis.

To know how to Trade these type of Markets through Our Power of Scientific Method of Market Analysis in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Recent Posts: 5359

DAX-and-DJI Technical Analysis

DAX-and-DJI Technical Analysis:

Germany 30 Stock market index (DAX) is down since last 5 months as shown below. As can be observed from the below chart for Germany 30 Stock market index (DAX), DAX is printing bearish (close price is below open price) candles for the last 5 months consecutively.

We have drawn the Fibonacci for Germany 30 Stock market index (DAX) monthly chart from the swing low of February 2016 (which was a “Hammer” bottom reversal Candle) to the swing high of January 2018. From that Fibonacci, it can be observed that the Germany 30 Stock market index (DAX) has crossed the 38.2% and 50% levels. Price of DAX has touched the 61.8% Fibonacci level as shown in the chart. It would be interesting to observe whether the price of DAX is also breaking this 61.8% Fibonacci level or not.

DAX Monthly chart

Similar to DAX, Wall Street Cash 30 Stock market index (DJI) is also down from 26,951 since October 2018 as shown below. As can be observed from the below chart for Wall Street Cash 30 Stock market index (DJI), DJI is printing bearish (close price is below open price) 8 out of last 12 weekly candles in the last 3 months, Similar to DAX.

Similar to DAX, we have drawn the Fibonacci for Wall Street Cash 30 Stock market index (DJI) weekly chart from the swing low of 5th of February 2018 to the swing high of 1st October 2018. From that Fibonacci, it can be observed that the Wall Street Cash 30 Stock market index (DJI) has crossed the 38.2%, 50% and 61.8% levels. Price of DJI has touched the 78.6% Fibonacci level as shown in the chart. It would be interesting to observe whether the price of DJI is also breaking this 78.6% Fibonacci level or not.

DJI Weekly chart

Our Post dated 28.10.2018:

We are observing a lot of technical signals which are pointing to a possible start of a BEAR Market in Stock and Index Trading. We only analyze the situation as it is happening NOW in the world stock marketplace which can effect Index Trading worldwide in a big way.

We have analyzed three long-term time frames for two best indices viz. DJI 30 (Dow Jones 30 or Wall Street Cash) and DAX 30 (Germany 30 Cash) for Index Trading as shown below. The time frames we have analyzed are as below:

  1. Yearly,
  2. Quarterly and
  3. Monthly.

Index-Trading-NP-Financials-DJI-DAX-Charts-October-2018

Dow Jones 30 or Wall Street Cash Index Market Analysis:

In the Yearly chart for Dow Jones 30, we can observe that this index market has moved up continuously from 2008 till 2018, in a bull market, a total of 20,481 points. The last candle which is forming for this year is shaping up like a “Doji” candle. Doji represents indecision, especially after a long run which happened for this Index Trading market.

In the Quarterly chart for Dow Jones 30 Index Trading, the last candle which is forming and will finish in the month of December is shaping up like a “Dark Cloud Cover” or “Engulfing”.

An almost similar situation for Dow Jones 30 Index Trading in the monthly chart can be observed. The last candle which is forming and will finish in the month of October within the next 3 days is shaping up like an “Engulfing”. We can also see the formation of a Double Top in this chart as shown below.

Index-Trading-NP-Financials-DJI-Charts-October-2018

DAX 30 or Germany 30 Cash Index Market Analysis:

In the Yearly chart for DAX 30, we can observe that this index market has moved up continuously from 2008 till 2018, in a bull market, a total of 10,014 points. The last candle which is forming for this year is shaping up like an “Engulfing” candle. Bearish Engulfing represents a possible downturn, especially after a long run which happened for this Index Trading market.

In the Quarterly chart for DAX 30 Index Trading, this index trading market has already printed an “Evening Star” in the quarters of July 2017 to March 2018. Evening Start represents a possible downturn, especially after a long run which happened for this Index Trading market.

A similar weakness has already formed for DAX 30 Index Trading in the monthly chart which can be observed below. This market has already printed a bearish Engulfing in the month of February 2018 whose low is being taken out for the first time in the current month as shown below.

Index-Trading-NP-Financials-DAX-Charts-October-2018

To take advantage of these new turning points in the worldwide index trading markets, click here.

Our Unique, Proprietary and most accurate Trader Foundation Course has the capability to identify these market turning points at a regular interval which we share with our Paid Clients.

When you are trained by us and learn how to trade Stock Markets Indices by taking advantage of our Knowledge and Expertise in the field, you can be benefited on a regular basis in Stock Markets Indices like Australia 200 (ASX200), China 50 (CHINA50), Hang Seng cash (HK50), Nikkei 225 cash (JP225), France 40 cash (CAC40), Germany 30 cash (DAX30), UK 100 cash (FTSE100), Wall Street 30 cash (WS30) and US SPX 500 cash (US500).

With our Proprietary Trader Foundation Course for Stock Markets Indices like the DJI 30 or DAX 30 Index markets, you can be benefited on a regular basis on DJI 30 or DAX 30 and other Stock Market Indices.

To Trade Stock Markets Indices in the Professional way and to find out the answers to all your Indices Trading related queries, please contact us at 03 9566 7275 and book your FREE discussion session for 30 minutes at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

We will not only handhold and guide you in the following aspects of the Professional way of Stock Markets Indices Trading but also will actually show you how we Trade Index CFDs for a living:

  • Introduction to Trading Different Markets
  • Index Market Facts, Timings, and its Framework
  • How to take advantage from major Market Participants
  • Index Trading Nomenclature
  • The relationship between Worldwide Indices
  • Dow Jones 30 vs.US Dollar Index
  • Swaps, Spread, Slippage
  • Fundamentals factors moving Markets
  • Order Types, Leverage, Margin
  • Trade Risk, Trade Reward, Favorable Reward to Risk
  • Account Risk, Basic Position Sizing
  • Introduction to Technical Trading
  • Index Market Structure
  • Market Mechanics and Dynamics
  • Market Mapping
  • Advance Trade Sizing
  • How to identify in advance Market Reversals
  • How to evaluate new price action before it unfolds
  • Our own proprietary Bar by Bar Market Analysis
  • You will come to know What to do & what not to do when
  • Our proprietary Money & Risk Management Strategies
  • Capital and Portfolio Management System
  • Performance Analysis of Bar by Bar Market Analysis
  • Professional Trader Mindset including Major Mistakes to be avoided

Now you can trade Stock Markets Indices with us to explore the possibility of earning passive income keeping your day job.

Our Proprietary Stock Markets Indices Trading Strategies will guide you through every step of your trading in Shares and explore the possibility of earning extra income.

Learn what all other national and international Stock Markets Indices we are Trading in our Index Trading Asset Class.

Develop yourself as a professional trader capable of capturing second income in the future with us.

Become a Member to grab these Market Sync based Stock Markets Indices Trading Opportunities in the future by clicking here.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us on +61 3 9566 7275
email: info@npfinancials.com.au

Useful Links:

Learn Share Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

Learn how to Trade the Directional Share Market. Get mentored in the art and science of Share Trading in our proprietary 6 months developmental course. Derive benefit from our effective Share Trading Strategies.

Learn Basics of Forex Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

On completion of the “Basics of Trading” course, You will develop an In-depth understanding of Fundamentals factors moving Markets. You will be able to clearly understand the Market Jargon e.g. Swaps, Spread, Slippage etc.

Learn how to Code in Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from N P Financials will be your own personal coach for 3-6 months. You will be trained on how to learn the Market Programming Language.

Develop your own Market Scanning System with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Develop your Market Scanning Edge.

Develop your own Trading System e.g. Stock CFD Trading with Partha Banerjee of N P Financials, the Prop Trading Firm at Melbourne

A full-time professional trader from NPF will be your own personal coach for 3-6 months. You will be trained on how to Build your Trading Edge e.g. Stock CFD Trading

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