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Mataf is an unknown quantity at this point

Mataf Mataf is offline

Special Guest Trader

About Me

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    *No warranties or guarantees are made with respect to the content contained herein. The website and the guests on this site do not take into account the investment objectives, financial situation or particular needs of any particular person. The advice and trading ideas provided on this website are for informational purposes only and are not intended as a trading ideas. Under no circumstances does any advice or trading idea contained herein constitute a solicitation to buy and sell currencies. We do not endorse and cannot vouch for any of the guest traders on this site.

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General Information
  • Last Activity: Today 08:08 AM
  • Join Date: 04-03-2008

Blog

View Mataf's BlogRecent Entries
Latest Entry

Posted Today at 08:07 AM Comments 0
EUR/USD - Euro Dollar
1,2777. EUR USD broke 1,2720 resistance. EUR USD is in a consolidation after the last bullish movement. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. We won't take a position.
Resistances
1,2840 - 1,2900
Supports
1,2720 - 1,2570
more information on EUR/USD - Euro Dollar Click Here
[Image]
GBP/USD - British Pound Dollar
1,4696. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD...

Posted Yesterday at 07:30 AM Comments 0
EUR/USD - Euro Dollar
1,2674. EUR USD is in a range between 1,2575 and 1,2765. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position.
Resistances
1,2730 - 1,2765
Supports
1,2650 - 1,2575
more information on EUR/USD - Euro Dollar Click Here
[Image]
GBP/USD - British Pound Dollar
1,4735. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are...

Posted 12-03-2008 at 08:04 AM Comments 0
EUR/USD - Euro Dollar
1,2684. EUR USD is in a range between 1,2575 and 1,2765. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,2575 / 1,2765 range. We won't take a position.
Resistances
1,2765 - 1,2870
Supports
1,2670 - 1,2575
more information on EUR/USD - Euro Dollar Click Here
[Image]
GBP/USD - British Pound Dollar
1,4858. GBP USD is in a consolidation after the last bearish movement. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator)...

Posted 12-02-2008 at 07:41 AM Comments 0
EUR/USD - Euro Dollar
1,2615. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The price should find a resistance below 1,2675 (60 pips). The downtrend should continue on 1,2440 support (175 pips). => We could take a short position at 1,2630. We will put the stop loss above 1,2680 (-50 pips). The targets are 1,2450 (+180 pips, risk/reward 1:3.6), 1,2440 (+190 pips, risk/reward 1:3.8) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend...

Posted 12-01-2008 at 07:37 AM Comments 0
EUR/USD - Euro Dollar
1,2681. EUR USD broke 1,2810 support. EUR USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 1,2450 support (231 pips). => We could take a short position at 1,2685. We will put the stop loss above 1,2730 (-45 pips). The targets are 1,2580 (+105 pips, risk/reward 1:2.3), 1,2450 (+235 pips, risk/reward 1:5.2) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
1,2715 - 1,2810
Supports
1,2650 - 1,2580
more information on EUR/USD - Euro Dollar Click...


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