MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Control zones GBPUSD 05/22/19

The pair is trading within the average monthly rate. This determines the opportunities for work only in the direction of the growth rate. Within the lower monthly CZ, selling should be canceled, since the probability of closing the trade in May within the range is 70%. The search for a pattern for buying should be based on the breakdown of the weekly low or on the formation of a daily absorption.

MU0ZW9O8se54GCBqVgZFE5OFWIk0cjMdai3I2GGv

It is important to note that the May fall is a medium-term impulse, so any growth to certain levels will be a correction. This suggests the need for partial or complete consolidation of purchases when reaching one of the control zones, which acts as resistance.

An alternative model has a probability below 30% and implies a continuation of the pair's fall. Work in this direction will not bring profit at a distance, since the probability of the appearance of large buyers increases significantly.

Daily CZ - daily control zone. The area formed by important data from the futures market, which change several times a year.

Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which change several times a year.

Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.

The material has been provided by InstaForex Company - www.instaforex.com