Thai Baht - too strong? is it time to weak?Waiting for confirmation.. Side way between 32-33 Bahts/USD
USDTHB trade ideas
THB non-stop, runs trend, will it be stronger and stronger?Since the year 2017 begin, Thai Baht goes stronger. At 33 Bahts / USD is seem to be a significant rebound point. But should be careful the swing, it would be more a bit stronger until the end of 2017, then will be weaken a little bit.
The best trading time for each pair of currenciesThe foreign exchange market operates around the clock, so it is impossible for a trader to track every market and seize every opportunity.
In forex trading, time is everything.
In order to design an efficient and timely investment strategy, it is necessary to record the market for 24 consecutive hours of trading, so that traders in their own trading hours, to seize the maximum trading opportunities.
If you know a certain currency in which time period will be the largest or smallest amplitude, there is no doubt that the trader will help to better allocation of capital, improve investment efficiency.
Asia‘s foreign exchange transactions are carried out in the central financial district.
Tokyo is the most important trading center, it is the first opening of the Asian market, many large participants often its trading volume as a benchmark to evaluate the dynamic change of the market, and to develop the corresponding trading strategies.
For investors who can withstand greater risk, G/J, U/J is a very good choice, because they are more volatility , short-term traders can get more profitable opportunities.
Day traders in Asia market position, waiting for the European market opening
USDTHB: Double bottom forming?The double bottom is not confirmed yet: the day has to close above the horizontal line. But if it closes: consider going long.
USD/THB Daily Update (10/02/17)thb seems to be weakening against the usd.
i am looking at price to go up further towards then next zone at 35.4
THB Drop after King Dies not sure what to expect ... the initial move after the announcement with -0.17% is kind of weak
Updated usd/thb chart........a continumation of yesterdays tradeLong usd/thb..............stop at 35.15............
Buy usd/thb 35.00 add through 35.20 , stop below 34.90The chart is self explanatory and given the current situation locally I think this has a potential for 35.80 and even 36.42 ( both previous tops ) Entry was at 35.00 when it broke the previous high , for half the position and will add same again through 35.20 with a stop below 34.90
If the usd/thb does materially rise then being some 7% of the sgd neer ,I think it means usd sgd also has the potential to advance to 1.3850 from the current 1.3750
USDTHB hit supportUSDTHB hit support.
if the support works, USDTHB may rebound to 35/35.28, if breaks, heading towards 33.5
THB strengthens against USD, likely to appreciate till 34.8Bt/USBaht continues to strengthen compared to USD; Short USD and Long Baht
