Buylimit
USDCHF Buy Limit Swing Trade Idea USDCHF
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So we have been experiencing a huge downtrend for this pair since weeks. Dollar weakness contributes to this as well as huge uncertainity in the market because of trade war and interest rate cuts around the major economies.
I have a huge demand area on the weekly and this is where buyers will come back into the market. the bullish momentum that price faced many months ago started here and so many more buy orders are waiting to be filled here.
USDCHF BUY LIMIT @ 0.95913
SL: 40 pips
TP: 1.01063
R:R Ratio of 1:10
This should be a very good trade setup
Til we meet again all! Shalom
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Gravity will make Gold down ?Weekly chart
Gold can up a little 1514 and will form sideway down to accumarate force to next cycle.
2 Hours chart
If trade safety , will gold break down red trendline and Sell.
Target detail on charts
stoploss may last high + 50 pips
IMO
Gold must drop for make new cycle.
Risk:
Yes counter trend is so risk.
you must prepare money to support drawndown but i think
if we trade short term it is Ok on this time.
because price is swing +/- 100-200 pips.
for small account
reccommend do not trade on this time wait until gold can break new high.
or wait till price drop to lower zone as chart when candle is shown reversal
will buy.
Cheers.
^ ^
AUDUSD 1D BUY LIMIT TRIANGLE BREAKOUT STRATEGYTriangle Breakout Buy Limit Strategy
If breakout candle is greater than 1 ATR
1 Buy 1/2 position size at breakout candle close @ .7075
2 Place 1/2 position size buy limit pending order just above 1 ATR level @ .7055
1st trade TP .7075 (entry price) + .0045 (atr) = .7120
2nd trade TP let run have SL follow price
SL you find
USDCAD Pending Buying OpportunityFollowing up with the entry we took during last weeks trading at 1.3095... for anyone who missed the trade, I believe if we get a retest of the 1.3095 area this would still be a valid entry with a relatively small 25 pip stop loss to protect yourself if price decides to continue falling to a new yearly low.
Targets at 1.324 and 1.33
Nice R:R On this trade idea setup, use risk management if you decide to play.
XAUUSD Look ForwardGold has recently tapped into our weekly area of liquidity.
With the strong bullishness beyond 1400, it is more than likely in these upcoming weeks that we will see higher prices.
The next short term target will be 1425, followed by 1433
If we get a dip into 1398 this could present a nice buying opportunity. We will likely not get any sign of this happening until later in the week
For an indepth walk through on how/why we were expecting the bullish price action to arrive where we are now, please view the June 20/June 21 recordings on our IML Tv Cryptochannel so you can see the before / after, and have a better idea of what is to come
If you do not know how to find this, message me :)