Introduction: Hello fellow traders! Today, we are back with an exciting long-term trade opportunity: Sell GBPNZD : 2.09450 Take Profit : 1.99403 Stop Loss : 2.11150. We will exit the trade if the Bank of England (BoE) maintains a hawkish rhetoric without softening. In this article, we will delve into the technical analysis and fundamental...
My todays topic is Unveiling the Secrets: The Road to Forex Success - Proven Strategies to Safeguard Capital and Skyrocket Profits! . In the realm of foreign exchange trading, novice traders often encounter challenges as they embark upon their journey in the forex market, resulting in unfortunate losses of their capital. Regrettably, due to my current absence of...
Technical Overview The GBP/USD pair is showing a bullish trend as I draw in the chart, but it could face a bearish backlash at the 1st resistance at 1.31400, a level that has resisted multiple swings in the past. If that happens, the price could fall to the 1st support at 1.30000. This level is a pullback support, meaning it could attract some buyers. Further...
Technical Overview The GBP/USD pair is showing a bullish trend as I draw in the chart, but it could face a bearish backlash at the 1st resistance at 1.31400, a level that has resisted multiple swings in the past. If that happens, the price could fall to the 1st support at 1.30000. This level is a pullback support, meaning it could attract some buyers. Further...
In this article, I have made a sincere effort to explain each and every concept of the Ichimoku Cloud indicator in a clear and concise manner. My aim was to keep the explanations as simple as possible, ensuring that traders of all levels can easily understand and apply this powerful tool in their trading strategies. I understand that technical analysis can...
My Trade Setup Buy on current price (2.6000) Take Profit Targets Target 1: 3.5 Target 2: 5.0 Target 3: 6.0 Greetings, fellow traders! I would like to share a long trade setup on NAT-Gas that has the potential for high profitability, an opportunity not to be overlooked. NAT-GAS prices have been steadily declining over the past nine months, indicating a strong...
Hello Traders !!! Today, we will delve into the topic of JPY buying, exploring it from both fundamental and technical perspectives. It has come to our attention that many traders, excluding large investors and major players in the Forex market, are perplexed by the significant selling pressure on JPY. The answer to this question is rather straightforward: the Bank...
Firstly, I want to congratulate those who follow my short sell signal of GBPUSD in my previous Idea. Technical Analysis : In a weekly Time Frame GBPNZD is approaching the Major Resistance area of 2.10500. A Massive rejection has seen many times in past. Whenever GBPNZD reached 2.10500 level a strong rejection occurred and trader hold GBPNZD sell trades for...
I am selling GBPUSD because I am expecting small CPI numbers. Will write detail post on GBPUSD soon.
Note : small traders should trade with money management as the pair is highly volatile. Level to take trades for small trading account holders Sell 182.150 Tp 181.750 Sell 187.5 Tp 187.0 Sell 190 hold for long 178. Fundamental Analysis When everyone is selling GBPJPY, then who is buying it and why it's going up and up without stopping ??? The answer is very...
Many traders had asked me one question every time. How to trade Gold with successfull trading strategy ? And my answer to small traders is always that " stay away from gold ". Gold is easy to trade if you follow some rules. (1) Trade Gold Seasonally. Selling Months July Aug Sept and Oct. While Buying Months for Gold are Nov Dec January Feb. (2) Always Trade Gold...
Many traders had asked me one question every time. How to trade Gold with successfull trading strategy ? And my answer to small traders is always that " stay away from gold ". Gold is easy to trade if you follow some rules. (1) Trade Gold Seasonally. Selling Months July Aug Sept and Oct. While Buying Months for Gold are Nov Dec January Feb. (2) Always Trade Gold...
I am sharing my first post regarding the most volatile commodity i.e. Gold. As gold is trading in a bearish medium and it's major support now breaks ( thanks to fundamentals ) . Now I am expecting aggressive selling on gold and my short target is 1910.55. if gold break through 1927, the I will move to break even i.e. 1938. My scalping targets are as under 1929,...
Note : This article is just a guide for those Trader who had no knowledge of Trading. Hello Traders, Here I want to share my Knowledge with you guys and hopefully it will help you A lot. Forex Trading is not a difficult game but it demands patience that usually we lose because our emotions hurt our thinking. Note: As I am not a premium member so that's why I...
Fundamental Analysis : The market reacts more to fundamental than technical because fundamentals provides the new growth or new decline. Today, it is expected that the FOMC will hold rate today but another rate hike is expected in July that will favor the Dollar, As rate-cutting cycle shifts towards the end of the year. As far as Euro is concerned, I am...