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CandlePRO v5 BETA – Announcement and FAQ

CandlePRO v5 BETA – Announcement and FAQ

CandlePRO v5 BETA with¬†Trade Automation We are pleased, proud, and excited to announce CandlePRO v5 – our first major release to CandlePRO in over a year. CandlePRO v5 (codename “Oreo”) is a complete re-imagination and re-design of how you use … Continue reading

Free Forex Signals – Bulls Eating the Turkey

Free Forex Signals – Bulls Eating the Turkey

EURUSD Daily Analysis: Note that we will not be trading tomorrow, November 27th, or Friday as the US banks will be closed for Thanksgiving. Have a good thanksgiving and a good weekend! The USD continued to lose ground to the … Continue reading

Free Forex Signals – US Outlook Clouded by Poor Consumer Confidence Rating

Free Forex Signals – US Outlook Clouded by Poor Consumer Confidence Rating

EURUSD Daily Analysis: Most US data came in better than expected, with 3rd quarter GDP revised up to 3.9% on a 3.3% expectation. Consumer spending was also better than expected, but consumer confidence came in weaker than expected which markets … Continue reading

Free Forex Signals – Bearish Before US GDP Announcement

Free Forex Signals – Bearish Before US GDP Announcement

EURUSD Daily Analysis: Technically the bearish trend remains strong after Friday’s drop, which was once again another extension of the bearish flag pattern we have been tracking (dashed orange lines on charts below). That drop found support above 1.2350 but … Continue reading

Free Forex Signals – Fed Minutes Mildly Dovish

Free Forex Signals – Fed Minutes Mildly Dovish

EURUSD Daily Analysis: Fed minutes have been released and nothing too surprising was revealed – members did debate moving toward a normalized interest rate policy (i.e. above zero) but the majority of members supported the current zero interest rate language … Continue reading

Free Forex Signals – Putting this Bullish Short-Term Channel in Context

Free Forex Signals – Putting this Bullish Short-Term Channel in Context

EURUSD Daily Analysis: We’ve left the past couple days alone as the price began to slowly turn upward – the signs of a bullish turnaround were emerging, not nearly enough to go long, but strong enough to remain flat. The … Continue reading

Free Forex Signals – Sideways Consolidation Continues Into Ascending Triangle

Free Forex Signals – Sideways Consolidation Continues Into Ascending Triangle

EURUSD Daily Analysis: Late signal today as the sideways motion of the market this week has led to few solid trading setups! EURUSD has been consolidating in a triangle pattern for the better part of a week, with the top … Continue reading

Free Forex Signals – Bearish Momentum Drops

Free Forex Signals – Bearish Momentum Drops

EURUSD Daily Analysis: EURUSD moved in a tight range under 1.2450 yesterday, creating a sideways consolidation pattern. We remain bearish on the Euro and bullish on the USD, and hence bearish on the EURUSD, though oversold conditions and a relatively … Continue reading

Free Forex Signals – Bears Battling US Stocks

Free Forex Signals – Bears Battling US Stocks

EURUSD Daily Analysis: Lower lows and lower highs are keeping the downtrend alive for the EURUSD, though larger swings on the hourly charts indicate momentum is slowing above 1.2360. We remain bearish on the pair though traditionally strong US stock … Continue reading

Free Forex Signals – Bears Push Toward 1.24

Free Forex Signals – Bears Push Toward 1.24

EURUSD Daily Analysis: The technical downtrend once again found traction yesterday as 1.2550 held firm and sent price back down toward 1.2450. We remain bearish and looking to sell, though a break below 1.2400 would go a long way in … Continue reading

Free Forex Signals – Remain Bearish Below 1.2635

Free Forex Signals – Remain Bearish Below 1.2635

EURUSD Daily Analysis: Yesterday bears failed to drive the price lower but with the price still well below its 10-day and in the middle of a long-term bearish trend we will continue to look for reasons to sell into rallies. … Continue reading

LEGAL DISCLAIMER AND RISK WARNING

Foreign currency exchange trading is highly speculative and is suitable only for those who (a) understand and are willing to assume the risks involved, and (b) are financially able to assume significant economic losses. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Trading on margin can amplify both gains and losses in your account. Before deciding to trade foreign currencies, you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with foreign currency exchange trading and seek advice from an independent financial advisor if you have any doubts.

All contents or information displayed or contained on Piphut.com are based on a number of assumptions which may not be fully disclosed or explained. Hypothetical trading or performance has many inherent limitations, including the benefit of hindsight and the fact hypothetical trading or performance involves no economic risk. Variables such as the ability to adhere to a particular trading program despite trading losses and maintaining adequate liquidity are material considerations that can adversely affect actual trading results. No representation or warranty is being made or given that any account will or is likely to achieve profits or losses similar to those displayed on Piphut.com. There are frequently substantial differences between hypothetical performance and the actual performance subsequently achieved by a trading program. You must exercise independent judgment when making investment or trading decisions. Past performance is not indicative of future results. Please read the User Agreement and Risk Disclosure Statement for more information.