manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Another flat day

13 September 2016, EUR/USD

Daily chart: despite yesterday's inside bar (which is usually a trading setup), we can assume the flat around the middle Bollinger band (1.1240). ADX shows no interest in what is happening and Bollinger envelopes are still horizontal (which also suggests a flat nature of rebuilding).

Another flat day

Н4: a better shaped flat inside Bollinger envelopes (1.1208 - 1.1286) and weak ADX.

Another flat day

Н1: another frame, which votes for a flat. The corridor is little better shaped: 1.1216 - 1.1255, which makes this day almost non-tradable (in terms of safety and reasonable result of trades)

Another flat day

Expectations: flat 1.1216 - 1.1255

Solutions: either not trade or cautious scalping within the corridor 1.1216-1.1255

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.