This is a simple analysis for intraday trade on EURO's strength
Another simple analysis to the upside on Euro's strength and Cad's weakness. This is just for intraday trading with 1:1 risk-reward ratio
Pinbar formation on Daily TF and price could not go further up after few days having more possibility confirmation to the downside. We wait for the trendline break on the 4 Hour chart to enter our short position with 1:1 risk ratio. Same trade management plan, we open 2 orders having different take profits, then once TP1 gets hit, we move our SL to...
With AUD's strength, we can now safely go and buy AUDCHF with a confirmed trend reversal on the Daily time frame... Two buy orders can be triggered here with two separate TPs. Once TP1 got hit, we can safely move our initial SL to breakeven to secure profits. Good luck! Don't forget to manage your trade and minimize your risk. If you find this trade idea...
Euro is weak on a Daily and Weekly. So we go with the trend but need to wait for the 50% pullback before we enter on a Short position. Simple Price Action analysis but very effective.
Price breaks down last Friday and has touched support area but still has more room to go down. Wait for the price to go back up at 50% retracement before taking an entry sell again at 1290 and to hit target at 1265. Make sure to put your stop loss at 1305.
With the upcoming JPY news on Current Account N.S.A, I'm expecting Yen to be positive to help with USDJPY price action to retrace a little up then proceed on going down further meaning the there is a high possibility that there will be a good news for Yen tomorrow. Also additional confluence is the multiple rejection on the 111 level on both weekly and daily...
Friday seems an uptrend for GBPUSD but still the dominant trend should follow on higher time frame. Still short on this and already entered on short position. Noticed multiple rejections as well on the upside as another confluence to enter the trade. Risk reward ratio is also good on this trade just in case it doesn't work out. Make sure to also move SL once...
Since DXY, broke an important level during NFP, I believe other pairs should also follow. So, by Monday, there will be a lot of profit takers, so in my opinion it would still be best to enter on a pullback. And follow the trend. Got a confirmation on trend reversal, so it's best to catch the trend early and take our profits safely with a good risk:reward ratio
Almost same idea with USDJPY and USDSGD that I published for this week's trade... Let us sell the rally...
Very obvious to notice. Due to dollar's broken support - DXY during last week's NFP, we anticipate Euro's strength in correlation.
Almost same scenarios for XXXUSD pairs for this week during the break of support on DXY. Buy on the dip.
Multiple rejection on weekly support.. Ready and confirmed to go back up. Since DXY is going down... Enter on retracement.
No further explanation needed. Same with other XXXUSD pairs.
This is the day when we will finally get a reversal for Gold to go Upside. Placing a buy limit order now to get a better position and better risk-reward ratio. Same if you take a look at USDJPY where it is trying to reverse now on the downside... If you find this helpful or any objections, just leave a comment. Good luck and happy trading! :)
USD has been strong since last week. Since price hit resistance and still gives us opportunity to ride the uptrend wave at 50% retracement. Buy Entry on pullback and since it still has more room for the upside before reaching another resistance area. We can also see a clear breakout from the downward trend line. Very easy and direct approach, just make sure to...
Price has broken the 40 SMA and has a lot of room to the upside before reaching prior resistance area. Also has a nice bounce up. Wait for 50% retracement pull back then ride the trend all the way to 161 fib.
Still need to wait for the break down or up before entering.