Get started

Euraudshort

Trade Triggered Moving Nicely 'with caution'Quick update on this idea from earlier in the week. As expected we got the move above 1.64 and then waiting for a 12hour signal on the TRFX indicator which occured so have entered the first position. As the pair still could go up to 1.65 where if this occurs I will enter again. First target for this position will be 1.60 where I expect some buying to come back in the market. Trade is moving nicely and has already dropped over 100pips since entry For long term targets please read the initial related post.
Short
by TheFxAce
4
Time To SHORT ??As we surpass the 1.64 mark, I am preparing to establish a long-term short position. We have now entered a significant monthly supply/sell zone, with the price appearing to be attracted to the 1.65 level. This level also coincides with a robust monthly resistance area deeply situated within this monthly zone. There is a high likelihood that we are currently in a zone where sellers will begin accumulating positions. We can expect to see signs of buyer fatigue on lower timeframes and sideways movement as we approach the 1.65 level. I will be monitoring for a signal on my TRFX indicator above 1.64 on the 12-hour and daily charts to initiate a short position. I will gradually build the position if the price continues to climb, as we could witness a quick rise to 1.655 before a sell-off occurs. The primary target for this trade is the green line on the chart, which represents the previous high in the ongoing upward trend and is now functioning as support. We should anticipate a brief reaction here before the price moves downwards toward the green box area, a newly formed, untested demand/buy zone. Please note that this is a long-term swing trade idea and could take one to two months to fully develop, but the potential for profit is substantial.
Short
by TheFxAce
7
Sell EARAUD SW 030423 14.40📌📌Idea Share Sell EURAUD📌📌 Link : 📍📍Open order 1.619 Sell lim 1 1.6258 Sell lim 2 1.6318 Sell lim 3 1.6395 Sell lim 4 1.6478 Sell lim 5 1.6533 Sell lim 6 1.6599 Tp 1.5955 Sl 1.6666 Warning !!! (Swing trade must be use pending orders) !!!Pending orders should be set up lot size step by step Example (15,000$) Open order 0.1 lot Sell lim 1 0.15 lot Sell lim 2 0.20 lot Sell lim 3 0.25 lot Sell lim 4 0.30 lot Sell lim 5 0. 40 lot Sell lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot Example (3,000$) Open order 0.04 lot Sell lim 1 0.05 lot Sell lim 2 0.06 lot Sell lim 3 0.07 lot Sell lim 4 0.08 lot Sell lim 5 0.10 lot Sell lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot !!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
Short
by Maximus_Provider
EURAUD Short IdeaAggressive Market Outlook! Price Reaching Rejection Block and QML Level. Bearish Flat in Progress. Seasonal Tendency and Expected Hike in AUD by tomorrow from 3.35% to 3.60% will strengthen AUD in near future. Risk Disclaimer: Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved. Please Ensure You fully Understand the Risks and Carefully Consider your Financial Situation and Trading Experience Before Trading. The Analysis may Subject to Change at any Time without Notice and is Provided for the Sole Purpose of Assisting Traders To Make Independent Investment Decisions. Patience | Discipline | Trade Management
Short
by Aivexo
10