I hope the chart says it all, if you need any explanation feel free to drop a line... Happy Trading !
Actually I thought there wont be any trade setup in GBPUSD today, anyway now we got descending triangle pattern about to breakout. Happy Trading !
I'm not sure whether this pair will be actively traded by peers during US session, so a breakout near end of US session will be so good or we can expect ranging even after the breakout in AUDJPY. Happy Trading !
Another simple setup but superb one. We have triple retests around 1330's in XAUUSD, I have initiated long positions based on 3 reasons, 1) Three time price retested this zone 1330 in XAUUSD 2) Hammer with Bullish confirmation close 3) Risk-Reward is good For this particular trade setup,pls check ur trade plan and check whether it suits you before entering...
The marked zone is 4h resistance zone in AUDUSD and we had previous instances where price respected this particular zone. I haven't initiated positions yet, will do only after getting bearish close in the zone. Currently,its shooting star, lets wait n watch then we will enter short in AUDUSD. Check ur risk n reward before initiating positions. Thanks for your...
Hello Fx Lovers n Friends....After long time I'm posting trade setups in Fx pairs,sorry guys I was little busy thats why didnt post much. Here we have simple bearish short trade setup and EURUSD is moving in steep channel, will reach our resistance zone soon. After reaching the zone, look for valid bearish confirmation and channel breakout to initiate short...
Happy Monday Friends ! Probably,few have Monday blues but we are the ones who wait for Monday...This particular post is kind-of educative analysis to determine overall view of the markets purely based on prediction from my experience. Let's check our surfboards right away & get it ready to surf along Nifty waves... Next resistance level for Nifty around 8800's...
Simple Trade setups are the best one's. Instead of getting stuck with some complex trading systems, the simpler the better I believe.Today morning, first I looked at Nifty, didn't feel quite good about it, its completely ranging,so shifted focus on Banks..yea we are gonna buy Banks like Billionare's :).Lets keep funny things aside, here we are looking @...
Detailed description given in Indian version of Tradinview : Happy Independence Day !
Looks like NZDJPY will breakout soon, lets wait for breakout and enter the trade direction
In GBPUSD, I m looking at trade opportunity purely based on trendlines. So the breakout direction will decide my entry, while I m posting this it looks like Breaking down but not yet. Decide your risk reward before taking any trade. Happy Trading !
We have very simple trade setup here - after our rectangular range breakout,AUDCAD came downwards giving us around 70pips profit and now in support zone, so pullback to 1.0050's ? Lets see...won't we get another 50 pips in this move... Enter on valid confirmation as per your trade plan with proper stops Happy Trading !
I expect GBPJPY to retest our marked resistance zone and then continue its move downwards. so if its one of the trade plans get ready with proper stops and targets to get on... Happy Trading !
Now there will be 1000 reasons and theories why Nifty dropped down from 8720's.To check n validate whether those are right or wrong is not our job and that's not worth our time. Let those reasoning's be right, it cant make any real money, but if you have traded in right direction with your trade plan( Be it fundamental or technical) ,if you made money you are...
I hope in post itself I explained everything about the breakout trade setup in USDCHF, if any explanation needed , feel free to leave a comment. Happy Trading !
AUDCAD is ranging for past 24hours in hourly timeframe, so I expect a breakout out of this rectangle. We can enter the breakout direction once we have valid confirmation. Keep this AUDCAD in your radar and watch closely, enter on the breakout with stops. Happy Trading !
We have support turned resistance zone in EURUSD, so as we have bearish trend as per chart, we will be trying to enter short in EURUSD. Am not sure whether our orders will get filled in next hour or so, lets hope for best and my orders are in place as shown in chart . Happy Trading !
Though we have bullish flag in Nifty, its safe to stay away from trades till 11.30am bcos of RBI policy meet, there will be some volatility. Even if there is no important take away from the meeting.Nifty may move up n down taking out our stops, so its safe to enter any trade after policy meeting. For Individual NSE stock analysis kindly follow Me here :...