Weekly signals #Forex 2015 – 04 – 10

Thought of the day: “Get your facts first, then you can distort them as you please”, Mark twain

• Great traders are not smarter, they have smarter trading habits
• Bullish weakness: Longer-term trend is bullish. There has been some temporary weakness, but the uptrend is likely to resume
• Bearish strength: Longer-term trend is bearish. There has been some temporary rally, but the downtrend is likely to resume
• Volatility Channels (Horizontal dotted lines) : 1 Average True Range (ATR) away from the swing
• #X%: this is the distance from the opposite Volatility Channel. For example, in a bullish trend, it would be the distance from the swing low. It can be inetrpreted as a rudimentary 1% equity at risk bet sizing
• Disclaimer: this is neither a solicitation, nor an investment advice

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AUDUSD Weekly Bearish Strength 2015-04-10

AUDCAD Weekly Bearish Strength 2015-04-10