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EURUSD Trade study short/longTrade study using Asian range. Trade went below opening candle in London session indicating bullish but wasn't noticed. Price also took the Asian lows before moving up. Price then consolidated before taking the Asian high, then took the recent swing low at lower timeframe indicating out POI. Price then eventually achieved our target Price Asian range low then took Thursdays (Asian high +4) before taking our initial Target (Asian range -1). Trading in Friday is complicated but with proper risk management we was able to take a 1:1.2rr trade Using proper risk management is always necessary which I didn't do for some reason NOTE : PRICE ALWAYS MOVES FOR A REASON
Education
by xppreciate
[TRADING SHOW]24.04.24 XAUUSD HOW TO BUYThe daily level MSB line broke, but yesterday and Tuesday the daily line had a long lower lead Pinbar pattern, given that the main idea of ​​​​to do today is long. Currently during European trading hours, drop down to the hourly level for observation. Two kinds of evolutionary deduction capabilities for the market are needed 1. If the market inertia changes at the hourly level and there is a lot of idling, it is safer to set the MSB line at yesterday’s high point. So wait for this position to break through and then step back. 2. The European trading time will fall first, and we look forward to the pattern of falling first and then rising during the New York time period. Near the hourly level FVG position in yesterday’s rising stage good luck!
FOREXCOM:XAUUSDLong
by VisionYao
AUDUSD Long (24/04)Price for AUDUSD may be looking to turn after a week of selling. It has left a wick below, signalling rejection. An order block was drawn, in hope to ride out the sell - however it was broken through, leading to the confirmation of the above. Using the breaker block I’m using the highest recent point for my first take profit and the swing highs as my future take profit points. N.B.: Do your own research do not take my analysis as financial advice. Thank you
Long
by saintprincevvs
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