Get started

Demand_zone

NZD/USDHello, Please take a short look at this chart ! This pair is on demand level and could offer us a nice R/R, depends on your appetite for risk ! You could set your 1st TP at 0.64212 and second at 0.64450, the SL at 0.63818 I have a question for you and I will be glad to optain some opinions here . I want to make a group, it will be a free group !!! What kind of platform to you use mostly for this kind of trading idea groups ? This group will be based on trading using supply and demand, low leverage, like 1:100 and most of the time with R/R more than 1:3 All ideas must have a minimum of 3 opinions for good trade or a bad trade ! Thank you for your opinions and stay safe !
Long
by Andrei_C
USDCAD IDEA...USDCAD, as we're in an overall downtrend, and now the market managed to make an H&S on strong resistance, we might see a possible drop from now, but the pair could fluctuate around the current zone! Let's be patient! Right now we have two option to open a trade right now or to wait for the market to reach a better price. Do your own analysis ... Dont Forget Moving StopLoss At Breakeven Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
by tyleralee
GBPAUD LONG LONG what??Analysis on GA; just look at the weekly? What can you derive from it? Higher timeframe analysis is the key.. At least on 4hr or above... meaning draw your trendlines, s/d's, parallel channels, pivots, fibs, then you can move down to the lower tf for entry.. In the case of GA, we are bouncing off the WEEKLY demand.. Who would go short here? Looks like a long setup with a take profit tp) for 60-70 pips.. Not a bad ride.. OR you can ride until 30 pips, close, re-enter with a smaller lot size and grab another 20-30. Probably of it continuing south is small. No guarantees here but high probability. Best of success!
Long
by forexfreaks
AUDUSD IDEAAUD/USD is finding nearby support at the channel at 0.6430 but remains capped by the 0.6570 high. To reinvigorate upside interest AUD/USD will need to regain the 0.6570 recent high, and this looks to currently be a tall order. We would allow for further slippage to the 55-day ma at 0.6303. Above 0.6570 we look for a test of the 0.6670/84 March high and 200-day moving average where we would expect it to struggle. Do your own analysis ... Dont Forget Moving StopLoss At Breakeven Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
by tyleralee
OSK - gapped down right into demand zoneOSK's demand zone can be seen clearly on the weekly chart. The fear in the markets this week saw it gapped down into the middle of the demand zone yesterday. It hit a low of 54.30 and started to rise (with a pin bar on the 15min). By the time I longed it was closed to the top of the zone. A small position as the SL is rather far away at 51.40 and looking to scale out as and when it reaches the fib levels on the way up. I would also scale my trailing stops up as the market is just so volatile this period! Disclaimer: This is just my own analysis/opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
NYSE:OSKLong
by Juliac