Tradeplan
Xauusd Price actionHi Friends,
Xauusd Pric e is bullish so Let's me create Trade breakout Setu p plans:
# Plan 1 - Bu y @1705 and over, our tp1 is @1747 or tp2 @1808.
# Plan 2 - Sell @1670 ( better after bullish retest @1680/@1700 )
tp1 1576 or tp2 1486.
Remember all direction need confirmation before opening
uso longentered long position based on 123 rule, break out down trend and former high at 5.19
entered at 5.23
stop loss 5.15
target 5.45, 6.0
EU SHortEU SHort
Previous structure hit
Failed to stay and close above 150 EMA
Pull back to 18EMA
Bollinger band break
USDJPY Short SetupThe chart shows all again! Support and Resistance areas highlighted in blue. Upwards trendline as support also to help pick my exit to this trade.
We've seen the USDCHF and USDCAD come down today and USDJPY is now also showing signs of following hence the entry into this trade.
My perspective for USDCAD! Good oportunityI was taking a look at USDCAD and saw some oportunities that could be great for us!
We had a nice and strong broke of our previous support that was holding the price for a few days, that means we must wait for a correction
to take advantage of this short. In my opnion the bears are holding nice for the while.
Let's wait for the zones and make a good decision before we place our entry.
SEE YOU GUYS IN THE NEXT ANALYSIS!
OANDA:USDCAD
EUR/AUD: Swingtrade-Opportunity#SELLHey tradomaniacs,
welcome to another free signal!
Important: Wait for the break below mirror-level before you sell.
We want to see a clean breakkout and retest / rejection.
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Type: Swingtrade
Market Sell: 1,62160
Stop-Loss: 1,62800
Target 1: 1,61510
Target 2: 1,61090
Target 3: 1,60565
Stop-Loss: 64.0 pips
Risk: 1-2%
Risk-Reward: 2,48
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GOLD - New Long positions - 8 to 1??Hello all - DuncanForex here with another trade idea
Following the move higher on the 24th and 25th October, I am looking to enter again off Support.
Price is at a great level and I'm long at 1486
Lets see if this can get up to the previous highs from last week
Reason for entry is
Off Key Support level
RSI showing divergence on 1 hour chart
If it breaks the 1495 area - I will hold certainly to 1515 and may take partial profit and let it run
3 positions are open.
I will watch accordingly
Find me on Twitter , YouTube and my website
thanks for looking
Safe Trading
Duncan
DXY Daily Chart : Technical AnalysisMessage to learn more about how to trade the basket pairs with this chart
USD/CHF: KEY-Levels to trade the NON-FARM-PAYROLLSHey tradomaniacs,
welcome to a quick preparation for the NON-FARM-PAYROLLS.
Here you will see nice entrys to sell and buy.
Buy: 0,99534
Sell:0,98423
Targets, Stopp-Loss and Management is up to your trading-style and timeframe you trade. ;-)
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Non-Farm-Payrolls: YOUR Preparation and ENTRYS!#TRADEPLANHey tradomaniacs,
welcome to a quick video for your NON-FARM-PAYROLL preparation.
PRICE-LEVELS:
Statistical edge: Short
Short-Area at 1,10274
Long-Area at 1,10539 or 1,10879
NOTE THIS PLEASE:
Fundamentally, these NFP`s can be very tricky for the market to interpret!
The market is currently driven by news regarding to the tradewar, brexit and monetary policy of the FED.
The rally of this year, especially in the USA is just based on hope....this is why the market reacts with volatility whenever news about the tradewar appears.
So what is the market hoping for?
1. First of all, the market hopes that Trump and Xi Jinping will finally find a deal to end this tradewar.
This is why every tweet from Trump causes huge moves at the market.
The market seems to believe that the current globale cool-down is mainly caused by the tradewar and its consequences.
2. FED`s monetary policy
The market priced in further interest-rate-cuts by the FED in order to provide the market more liquidity (100% in september).
This would boost the economy and would be a play into Trumps hands because he could keep increase the pressure in terms of tradewar-talks.
As you can see: BAD NEWS can be GOOD NEWS and vice versa.
If we get to see a good result, the FED would have less reasons to cut the interest-rates -> Dollar could go up -> Hope of market for further rate-cuts is gone!
If the get to see a bad result, the FED would have more reasons to cut the interest-rates -> Dollar could go down -Y Hope of market for further rate-cuts confirmed!
The questions is: What will prevail?
The reality, in other words the economic datas? Or the hope?
If you newstrade, don`t get fooled by GREEN and RED digits here.
Bad news can be good and good news be bad. ;-)
More importantly I expect the market to wait for Jerome Powells speech after the NFP`s.
THE MARKET WANTS RATE-CUTS.
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
DXY : 1H Bearish Move Expected Broke back below range highs, consolidated and gaped away. Expect bearish market
DXY + Basket Pair Analysis/Trade Plan : How to Trade FXleave a like and give me follow if this is something you interested in
live entries here
Trade Ideas Position: USDJPY ButterflyNow, here is another counter-trend trading opportunity on the bullish butterfly(cyan), the market is right now at the sell zone of the structure.
Are you able to create a trading plan out of that too?
