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AUDJPY Potential BREAKOUT!My Idea On AUDJPY. AUDJPY possible breakout. If Price fail to close ABOVE 74.600 it will likely to go lower. INVALIDATION LEVEL 76.100 Wait for pullback before ENTRY. Take-profit on nearest support. This is just my opinion on AUDJPY . Trading foreign exchange carries a high level of risk. All predictions are strictly speculative and for educational purposes only therefore Use effective risk management. However trading is complex instruments and involve high Risk and may not be suitable for all investors. Past performance does not guarantee future results.Trading foreign exchange carries a high level of risk. All predictions are strictly speculative and for educational purposes only therefore Use effective risk management. However trading is complex instruments and involve high Risk and may not be suitable for all investors. Past performance does not guarantee future results. Trade At Your Own Risk. Note:This Is Not A Trade-Call Happy Trading Pals.
Short
by Muizzudin
USDCHF Trading Plan Naked Chart Education1. Sideway at Supply Zone (DISTRIBUTION) ==>> Place Sell Limit at resistance zone ==>> Stop loss should be 30-50pips above shadow ==>> BIG LOT advice = you must know how big your capital is and risk with lot equivalent to 100 pips 2. Breakout Tips (For Short Scenario on this USDCHF) ==>> Wait until break confirmed with new Lower Low ==>> 25% CHANCE price will continue its drop ==>> 25% CHANCE price will retrace and form Drop (Breakout) - base - rally (FTB First time back) - base - drop (elliot Wave correction) ==>> 25% CHANCE price will form Drop - Base - Drop ==>> 25% CHANCE priice will Break lowest low then Rally up again canceling bearish scenario (Fail to Break / manipulation / SL Hunter / Take Pending Order) 3. COMPRESSION / CONTINUATION ==>> its similar to these patterns = FALLING/RISING WEDGE, DESCENDING/ASCENDING TRIANGLE ==>> when price retrace or forming corrective move, that means Price already comeback to S/D to take Pending order and those areas considered as CLEAR no order placed again HENCE there is no significant support/resistance and BIG DROP or Rally Likely are likely happen.. GoodLuck, Take your time to study MARKET BEHAVIOUR to refresh your mind and get clearer perspective what is market telling you....
Education
by andrewlimanto77
1
Volatility is back in Sterling As everyone knows, the liquidity in Sterling has risen exponentially over the past few months due to Brexit and at the same time, Euro is collapsing and Fed has started to pause rate hikes for this year and is data dependent. Logically, if we see, Euro is on the verge of collapse and fundamental of the UK is still strong or rather better than the EU zone. Brexit, in my opinion (hard/soft), is better for the UK in the long run plus UK`s surplus will increase that could be divested properly into different sectors. Overall, I see pound is a good buy against deteriorating global data : (Autralia: Housing and BAnking sector weak), Eurozone(completely rocked), US ( inconsistent since past few months) and Brexit: even a soft tone is enough for the push in pound. Hence, on a short term, quid is a buy aove 1.3250 for 1/35 and SL : 1.3180
Long
by RyanVarghese
BTCUSD : HOUSTAN WE R GOIN DOWNWhy is it that you always take it out on me? Is it what you need to make your life complete? He said, "Houston, we're going down." As he took his last stand out of town. His faded dreams and memories Were nothing more than lies I digress Have you seen my alter world of make believe? It always just convinces me that everyone will disappear Why is it that you always take it out on me? Is it what you need to make your life complete? Why is it that you always take it out on me? One day you will see That the rest is history. Open eyes and fragile minds Never seemed to hold me back till now. Should I stay or should I go? I'll never seem to know Or I could give it up now And I'll see I never should have left you Because of me, I'll second guess my virtue You were the one I wish that I could hold you near But I'm too late You said you needed time Too bad my watch is broken Our lives fell out of line I'm breaking down Why is it that you always take it out on me? Is it what you need to make your life complete? Why is it that you always take it out on me? One day you will see That the rest is history. Those nights that we shared, Your eyes lit up the heavens. And when I was scared, My cheeks were sore from smilin' And I was unaware But you have helped me catch my breath She whispers that you haven't seen nothing yet Why is it that you always take it out on me? Is it what you need to make your life complete? Why is it that you always take it out on me? One day you will see That the rest is history. Why is it that you always take it out on me? Is it what you need to make your life complete?
BITFINEX:BTCUSDShort
by UnknownUnicorn375943