Calm before the Storm -Tonight News ADP NFP + Unemployment ClaimThis is predication before the news today . We missed the buy earlier, maybe the news can get it trigger. Always trade AFTER the NEWS . After 3min minimum, best is 5-15minutes after the news. Why after? Wait for the spread and slippage to become normal and look for solid candle confirmation / rejection that will be the extra confirmation. Longby tradingwith_ryann1
GBPUSD - WEDGE PATTERNhi everyone before i though GU change to bearish trend but today, i think GU were superrr bullishhhh!! in timeframe h4 , the price break the important resisten & make a wedge pattern so interesting !! disclaimer this is not a signal i just share what i see and what i know be smart!Longby dorissimUpdated 1
GBP/USD Resumes UptrendGBP/USD continues to hold its uptrend, trading above the 1.3072 level, which lies just below the August 22 low and above the September 3 low. The risk-to-reward ratio favors a bullish outlook within the 1.3117 to 1.3072 range. The next resistance levels to watch are 1.3178, followed by 1.3215. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.Longby ThinkMarkets6
GBPUSD SHORTPrice created new Structure on my previous Analysis Market structure Bearish on HTFs Entry at Daily and Weekly AOi Weekly Rejection at AOi Daily Rejection at AOi Previous Daily Structure Point Around Psychological Level 1.31500 H4 EMA Retest H4 Candlestick rejection Levels 6.04 Entry 90% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is King Shortby mobbie_zwUpdated 6
SHORTING OPPORTUNITY ON GU ??A 15 minute bearish range trend has formed after the test of a significant resistance level. Might be a good time to short as it seems like bullish momentum has been exhausted, in the short term at least. The resistance level is holding on the 5 and 3 min further showing early signs of bearish pressure. ONLY TIME WILL TELLShortby Izzy_Aaronson1
Wednesday’s Price Action and Key LevelsDaily Perspective: On Wednesday, the candlestick closed with a bullish sentiment, marking a slight advance above Monday’s resistance level around 1.3142. This move indicates a potential bullish trend continuation, with the next key resistance level to watch being 1.3261. The market’s ability to sustain above 1.3142 suggests a positive outlook, but it's crucial to monitor how price behaves around these resistance points. H4 (4-Hour) Chart Analysis: In the 4-hour timeframe, we observed that the price managed to break through the resistance level at approximately 1.3130. This breakout is a significant signal for potential upward momentum. For traders looking to capitalize on this bullish trend, buying opportunities could be considered above 1.3155. This level may act as a new support zone if the bullish trend continues. Conversely, if the price fails to maintain above 1.3120 and breaks lower, it could indicate a shift towards a bearish phase. In such a scenario, shorting opportunities might arise below this level, especially if the price shows weakness or fails to regain the upper resistance levels. Key Levels to Watch: Resistance Level 1: 1.3142 (Monday’s resistance) Resistance Level 2: 1.3261 (Next potential resistance) Support Level 1: 1.3130 (Broken resistance now acting as support) Support Level 2: 1.3120 (Watch for potential shorting opportunities below this level) Summary: Wednesday’s bullish close suggests that the market is currently in a favorable position for further gains, provided that the price remains above 1.3130. Buyers may look for entry points above 1.3155, while sellers should be attentive to opportunities below 1.3120. As always, it’s essential to use proper risk management techniques and keep an eye on market developments for any changes in sentiment. Longby J_Ngatia1
Forex: Money Management MattersForex: Money Management Matters Forex trading management is of paramount importance. Currency trading is not a game of chance, so a trader can and should control risk, monitor cash flow, and regularly review their strategies. In forex trading, where prices change rapidly, money management becomes the most useful tool. This FXOpen article discusses some popular forex money management strategies you need to know about. What Is Money Management in Forex? Forex money management refers to a set of principles, strategies, and techniques used by traders to effectively manage capital when working on the foreign exchange market. Money management in trading is interconnected with risk management. Money management for traders is not just about preserving your capital; it’s about the possibility to maximise your returns and minimise risks. It’s the framework that separates successful traders from the rest. Money Management in Trading Without money and risk management, a trader is like a sailor navigating dangerous waters without a compass. To help you find a way to preserve capital, below there’s a list of the most widely used strategies. Calculating Position Sizes One of the most popular forex money management strategies is determining position sizes. This involves sizing each trade according to your trading capital and risk tolerance. It helps ensure that a single losing trade does not significantly drain your trading account. Let’s take a look at the most common methods. Fixed lot sizes. With this approach, you trade a set number of lots or units for every position. This provides consistency, as each trade carries the same position size. Fixed lot sizes also allow for precise control over the monetary risk. However, this model may not adapt well to changes in market conditions and your capital. Percentage-based position sizing. This approach allows you to adjust your position size depending on the size of your trading account or the amount you are willing to risk on each trade. The position size can grow with the account and shrink during drawdowns. This helps you maintain a constant level of risk in different trades. However, the calculations require more mathematical effort than with fixed lot sizes. Volatility-based position sizing. Here, the size of positions is adjusted depending on the level of volatility in the market. If volatility is high, a trader might trade smaller positions, and if it is low, a trader might trade larger positions. This model aims to limit risk during times of elevated market uncertainty. However, the approach is complex and requires the monitoring and analysis of market changes. Risk-based position sizing models. Such models are designed to match the position size to your defined risk tolerance. You specify the maximum amount you are willing to risk on a trade, and the model calculates the position size accordingly. This approach prevents trades from having a disproportionate impact on the overall account balance. However, in risk-based models, the position size may not adapt to different levels of market volatility. Setting Stop-Loss Orders A stop-loss order is a predefined price level at which you decide to exit a trade. It helps you maintain discipline and avoid emotionally driven decisions. By setting a stop-loss order, you protect your trading capital — it acts as a safety net, ensuring that you don’t incur losses beyond the predetermined level. Placing stop-loss orders at the right levels is a skill that can significantly impact trading results. Here are some techniques: 1. You can use technical analysis tools , such as support and resistance levels, trend lines, and chart patterns, to identify logical places for stop-loss orders. 2. You can adjust your stop-loss levels based on the volatility of the currency pair you’re trading. In highly volatile markets, wider stops help to account for price fluctuations, while in calmer markets, tighter stops may be appropriate. 3. You can analyse multiple time frames to gain a comprehensive view of the market. This helps identify both short-term and long-term support and resistance levels for placing stop-loss orders. 4. You can consider using trailing stop-loss orders , which automatically adjust as the trade moves in your favour. They allow you to lock in profits while letting a winning trade run, reducing the risk of prematurely exiting a profitable trade. Thanks to technical advancement, there are now many online tools that can help you in trading. For example, using a forex true money management calculator, traders can accurately determine their position sizes and risk levels and enhance their trading strategies. Diversifying Assets In forex, diversification is a key money management strategy that involves spreading your investments across different currency pairs. The goal is to reduce the impact of a poor-performing asset on your overall portfolio and increase the chances of achieving consistent returns. Traders combine major, minor, and exotic currency pairs to spread risk. Majors are known for their liquidity and stability, while minors and exotics often offer unique opportunities. You can also explore other asset classes, for instance, stocks, indices, cryptocurrencies*, or commodities and trade their CFDs at FXOpen. Analysing Correlation Understanding how different assets are correlated with one another is crucial for effective diversification. Asset correlations indicate how two or more assets move against each other. There are positive and negative correlations. - A positive correlation is when two assets move in the same direction. For example, if EUR/USD and GBP/USD have a positive correlation, they tend to move up and down together. - A negative correlation is when two assets move in opposite directions. If USD/JPY and AUD/CAD have a negative correlation, when USD/JPY rises, AUD/CAD tends to fall, and vice versa. Correlation coefficients range from -1 to 1, indicating the strength and direction of correlation. It’s a good idea to use historical data and statistical tools to measure correlations between currency pairs and other assets. On the TickTrader platform, you can find useful charts with historical currency pair quotes. Final Thoughts Your performance in the forex market is not only determined by forecasting price movements. It largely depends on the ability to manage money, reduce risks, and preserve capital. By applying the strategies and principles discussed above, you will be able to confidently and competently navigate the forex market. You can open an FXOpen account to test these strategies and techniques. *At FXOpen UK and FXOpen AU, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules and Professional clients under ASIC Rules, respectively. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen2218
GBPUSD - high placed? What's next??#GBPUSD.. pound placed a reasonable high in last couple of days and specially last month closing is good favor of sellers. And the area for daily chart is 1.3170 around so if market hold it now then drop expected. Stay sharp guys. Good luck Trade wiselyby AdilHussain7313339
GBP-USD Potential Long! Buy! Hello,Traders! GBP-USD has made a retest Of the horizontal support Level of 1.3108 from where We are already seeing a bullish Reaction so as we are bullish Biased we will be anticipating A local bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals223
GBPUSD=buyIn my opinion, the uptrend has started due to the breaking of the 1.31466 resistance level. Longby sepahramgh3
GBPUSD InsightHello, subscribers! Please feel free to share your personal opinions in the comments. Don’t forget to hit the like button and subscribe. This week, the ISM Manufacturing Index from the U.S. indicated a contraction in the manufacturing sector, while the JOLTS data released by the U.S. Department of Labor the day before also showed signs of a cooling labor market. This has fueled expectations of a significant rate cut by the Federal Reserve, and FedWatch has reflected a 45% probability of a 50bps rate cut. Meanwhile, Bank of England Governor Bailey recently mentioned that it is too early to declare victory, but the risk of persistent price pressures seems to be retreating, which has led to expectations of a rate cut in September. September 6: U.S. August Non-farm Payrolls and Unemployment Rate will be released. September 9: Japan's Q2 GDP will be released. September 10: Germany's August Consumer Price Index will be released. September 11: UK's July GDP and U.S. August Consumer Price Index will be released. September 12: ECB interest rate decision and U.S. August Producer Price Index will be released. GBP/USD has maintained an upward trend but met resistance around the 1.32600 level, causing a slight pullback. The pair is struggling to establish a clear direction near the trendline. If the decline continues, a bottom is expected to form near the 1.29000 level, while a rise would likely push the pair toward the 1.35500 level. If the decline turns out to be stronger than expected, I will adjust the strategy accordingly.Longby shawntime_academy2
GBPUSD H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.3180, which is an overlap resistance and a 50% Fibonacci retracement. Our take profit will be at 1.3083, a swing-low support level. The stop loss will be at 1.3231, an overlap resistance level close to 78.6% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM7
GBPUSD - BREAK THE TRENDLINE SUPPORThi everyone here i just share a basic technical analysis GU break the trendline support so i guess , it will be continue bearish what do you think? please share your idea haha Disclaimer this is not a signal i just share what i see and what i know thanksShortby dorissimUpdated 221
Could the Cable reverse from here?The price is reacting off the pivot which acts as an overlap resistance and could reverse to the 38.2% Fibonacci support. Pivot: 1.3179 1st Support: 1.3045 1st Resistance: 1.3266 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets8
GU bullishGU showing bullish divergence at hourly Buy stop above last LH SL below last LLLongby fay_pasai1
GBPUSD 1H LOOKING READY FOR MASSIVE SELLAs we can see on the chart (LAST GAP FILL AND REJECTED STRONG) and with this consolidation since last week, its a good sign that GBPUSD its about to move hard. only intrested in selling at this moment in time I took sell @ 1.31398 My SL 1.32049 My TP 1.274 I will Probably take profit allong the way Thanks Shortby donchichi15
Short GBPUSD for 77 pips with a risk of losing 52 pipsThe GBPUSD daily time frame gives very good BUY SELL signals using the 8, 21 EMA Cross, Pivot, and RSI MA Cross. This trade considers support and resistance using the Pivot Points, take profit, and stop loss. Shortby spranav0
Bullish intention following not so good JOLTs numbersAfter a very deep pullback price has shown some bullishness on the 1H. I will be looking for lower timeframe entry as usual and targeting the High of the range. There is Services PMI data tomorrow which will give us more information on the state of the labor market for the US. Given the US has a large service sector this data will be very important. Not making any predictions as to what the data will be for NFP on Friday but the JOLTs numbers might be a clue for what's to come. The news coming out will be very volatile because the FED stated that they are now more concerned about the labor market so manage your risk accordingly Longby Keyserfx116
GBPUSD I Non-Farm Employment Change Trading Plan Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!Short04:29by BKTradingAcademy121244