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SMARTMONEYFX

$AUDJPY #AUDJPY - if buyers break 75 they could push it to 76Newsflow is mixed (California shutdowns could lead to more states following suit vs Moderna vaccine progess) AUDJPY has been correlating heavily with the stock indices (US30/NAS100/SPX500) as they both are highly based upon risk on (up) vs risk off (down) market sentiment. I don't want to bet against the stock market (yet) and I've been flaky on directional bias on this pair because of the volatile risk sentiment flows & this 75 level but I think sellers of this pair with stoplosses above 75.00 could get punished similarly to how the stock index sellers have gotten punished in the past few months. I like the risk/reward ratio as well because my intraday SL is only 25 pips (74.75) giving me 1:1/1:2/1:3/1:4 intraday profit targets (75.25/75.50/75.75/76.00) from a longer term trade POV im really eyeing this 75.00 major quarter point price level & I would want a better feel on risk sentiment before making a long term bet on this pair. I would much rather talk to you at the end of of July going into August to see how this stupid virus develops and how things play out before betting on where risk flows will go in these current market conditions. (As well as to see if we can make a new Q3 high on the currency pair) 7PM-7:30 EST going into Asian Session volatility about to pick up as I'm writing this & I would definitely want price above that 75.00 price level 12 hours from now @ 7 AM est & going into tomorrows NY Stock Exchange Open around 9-10 AM EST for me to still consider this trade valid & in an ideal situation either book profits or scale in depending on the scenario (potentially both) If you trade fx / commodities / stock indices or even crypto shoot me a follow as I drop some signals, charts, and analysis on here from time to time Trade Safe
Long
by ZeveJL
GBPCAD 9/10/2019Hello Traders! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SmartMoney must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney. CHARTS AGENDA: BITCOIN SIGN - MONEY POCKET - LIQIUDITY ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS - LIQIUDITY MARKUPS BLUE LINES - ENTRIES WITH SMARTMONEY MARKED LINES - PREVIOUS ENTRY POINT BOX - GAP's Don't forget to like if it was helpful to you. We appreciate likes and comments. Thank you, GOD BLESS U ALL!
by Snipers-Academy
NZDUSD Accumulation - Potential Buy SetupFX:NZDUSD Accumulation Range Forming - Poential Buy Setup incoming I'm going to use 2 buy limit for this trade ( one conservative and one more aggressive ) 1) Buy limit @ 0.68295 CONSERVATIVE ENTRY - LOW RISK tp: 0.70603 (230,8pips) sl: 0.67580 (71,5pips) Risk:Reward = 1 : 3.23 2) 0.50 buy limit @ 0.67880 AGGRESSIVE ENTRY - STANDARD RISK tp: 0.70603 (272,3pips) sl: 0.67580 (30pips) Risk:Reward = 1 : 9.08 Join our signals room for FREE: t.me
Long
by SpiderMan