We are seeing a good opportunity for this pair to go up further and get the best price possible first so we can have a good risk reward ratio.
Same scenario on EURJPY trade that we have. Sadly, GBPUSD got stopped out. But there are times that GU and GJ will move differently. And this could be it.
Since market is showing a possible upside for this pair, we can set a good trade for long term on this. Probably not that long, but should last a few days of holding.
Gold unable to go down and keep getting rejected so we safely buy this pair since there's a lot of support being established already.
Multiple rejections on the upside of this pair so we can safely go and short this pair instead. We cancelling previous buy trades.
We are seeing weakness on this pair. So I am cancelling the previous buy trade and will sell this instead since we also have good risk reward ratio on this trade.
We have multiple rejections on this pair and cannot go up anymore. So, we sell this pair and just keep SL small while looking for a great target profit.
Risk reward ratio is great and with a good setup. I believe this trade is worth taking.
This pair seems ready to go up now after dipping to get some buy orders. So we go with the major trend but if we are wrong, we minimize our losses only. So, let's take this trade and see what happens. Good luck!
Let's see if EURUSD will stabilize and find its way going up for tomorrow.
We can wait for price to go back down a little and enter our buy trade to ride this pair up a bit before it will make another decision if it will go up further or go back down. That is why we are taking a few pips move to the upside only.
We sell this pair only when it breaks down to break market structure. Almost same play with our previous GBPJPY pair that was just published.
We have a high probability that this pair will go up first before it might go down again. So we are going to take the buy trade first but will wait for the price to go down a little before we buy so we can have a discounted price and a tight SL as well. If we miss our entry, then we just move on to the next trade.
We are seeing a potential weakness on this pair and might be getting ready to go down more before it will go back up in the long term. But since we are trading short term, we take advantage of this pair by riding it down first.
Since we got stopped out on our Short position a while ago. Let's go ahead and switch by following the daily trend instead and catch a better entry once price goes back down first before riding it all the way up again...
EURUSD strength is just possible manipulation to bring the price up so MMs can bring it down harder. I may be wrong though. But Risk Reward is too good to ignore so we will see...
This time we have a different trade for EURJPY unlike with the other EUR pairs where we are buying. For this pair, we are seeing a possible breakdown instead.
This analysis seems very simple but let's see if the price will still go back up before going back down. It's also possible that price will just go straight down but it's okay if we miss the ride down because the objective is to get the best price possible and not chase the price anymore. Because our main goal is to always get the best risk-reward ratio trade...