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Buylimit

Potential Buy opportunity for GBPAUD/ Institutional trading According to my Institutional view of trading... GBPAUD will rally but before that I'm waiting for price to reach the area 1.79650, which is where I'm looking to place my buy trades as shown above (buy limit orders applicable as well). Then SL will be at 1.79069 meaning this is a low risk to high reward trade (Risking 55.8 pips for a reward of 279 pips). The TP area is at price level 1.82492, which is also a sell zone I'm looking @ to sell GBPAUD as soon as it reaches it (TP's 1 & 2 have been provided). Again risk to reward is very good and all the information has been provided on the chart . Use proper risk management and safe trading ;)
Long
by baadmahn
CADJPY Short ? or Buy ? We Await The Break And Confirmation One CADJPY Short ? or Buy ? We Await The Break And Confirmation One 1. 25 -2- Life Fibs set up 2. Awaiting breakout then close of candle to confirm then we set the sell limit 3. Awaiting breakout then close of candle to confirm then we set the buy limit This is a one to watch awaiting either of the 25% fib zones to break and retest before setting our buy or sell limit What Do You Guys Think......? Drop Your Comments Below...........
by Forex_Fire
GA BuyI drew trend lines on the daily (trending up). Noticed price was fairly low and had a buy limit set, right at the bottom of where the wicks are before bouncing up and taking off. Because it sky rocketed fairly quickly, I would probably look for a buy entry close to the bottom of the candle. Possibly this week/Friday. But may have to wait until next week. I have a small position and most likely will be holding toward the upper trend line to the top Fib zone of -16 - -27% . Staying disciplined during this time will be the challenge. But will focus my efforts on other set ups while this runs.
Long
by limitlesslee