BluetonaFX - AUDUSD Trade IdeaHi Traders!
We currently have a symmetrical triangle setup here where the breakout could happen in either direction. We are currently in the middle of the range looking for a direction. To the downside, we must break and close below 0.66266 for a further push down. To the upside, we must break and close above 0.67172 for a further push up.
Please keep in mind though that the markets will be thinner due to the very important Non-Farm Payrolls (NFP) figure that comes out tomorrow.
Please also do not forget to like, comment and follow. We will continue to keep you posted.
Thank you for your support!
BluetonaFX
Forexidea
NZDUSD H4 | Potential reverse from 50% Fibo?Looking at the H4 chart,we can observe that the price is approaching our sell entry at 0.6629, which is a pullback resistance level along with the 50% Fibonacci retracement. We have placed our stop loss at 0.6312, which is a swing high resistance level. Additionally, our take profit level has been set at 0.6169, which is a swing low support level
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDUSD Forecast: Swing Trade IdeaHey trader,
As you can see the price is currently bearish running below the double tops L1, 50, and bearish crossed short-term MAs. It is expected to drop the patterns L2 & L3 together for the 200 MA (visible in my MT5 chart). But this bias will be fully confirmed once the price has bearishly closed and retested below the 1st 4H Key Lvl and 50 MA. If the price instead decides to dramatically bullish break and retest the 3rd Monthly Key Lvl and 21 MA, the signal will be rejected.
With that in mind, take the trade at your own risk, because this is not financial advice. I'm just sharing my point of view, which you also can do the same in the comments section below.
That's it for today. I hope you found value in this article. If you want to see more trade ideas and mindset tips, browse the articles listed below and hit the follow button to be notified whenever a new post has been published.
-Sphatrades.
GBPJPY Buy the break of yesterday high.GBPJPY - Intraday - We look to Buy a break of 154.76 (stop at 154.42)
A break of yesterdays high would confirm bullish momentum.
50 4hour EMA is at 154.70.
The previous swing high is located at 154.75.
Our profit targets will be 155.65 and 155.85
Resistance: 154.00 / 154.40 / 154.75
Support: 153.90 / 153.60 / 153.40
CHFJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURGBP top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDMXN top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURCAD short valid 😃👍Entry details are shown on the chart.
Working the 30M time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EURGBP short just alerted 🛎️📈We had to wait five days after the last long trade but a short trade has just presented.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Nice opportunity running on NZDUSD 👊Working our M30 NZDUSD strategy here.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Who else is in GPBUSD longs 👍🙋♂️This trade was held from Friday and we starting to see movement.
Trade details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
GBP/AUD LONG TRADE UPDATE 15minGood evening Fx traders , wishing you all a profitable week as always. Please find above my trading idea update.
We managed to catch a great move today with an 8% ROI and 100 pips in 2 hours!
- Oil sinks hence AUD and cad
Thanks again for tuning in, until the next one, good luck to all.
**This is just my forecast based on my own interpretation/analysis, you are not obliged in any way to follow it.
Follow me for more ideas and forecasts.
S.C
EURAUD Buy Update - Demand ZoneEURAUD looked to have broken out of the consolidation zone last week but has retraced back into this consolidation zone. Price has gone back down towards the demand zone, prime buy area.
Entry 1 @ 1.6150 (conservative entry)
Entry 2 @ 1.6310 area
TP @ 1.6530 area
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Oct: +30% growth