This is almost the same analysis with GBPJPY where we are still selling the GBP pair but have to wait for the best price possible.
We have a strong downward move now on GBP pairs, so we wait for a good entry point again to have a great risk-reward ratio.
Almost the same approach on the EURJPY pair here. Always make sure to set a low-risk % per trade so that if you are wrong, you only lose 1% to 2% because if we win, we make sure to win more than what we lose. That's one key to consistently profitable trading!
We also have another sell for EUR pair with EURJPY. This is a simple trading analysis with good risk reward ration as well. Focus on minimizing risk and let the profits take care of its own.
We have seen a strong upward movement on this pair and there could be more to this move but we have to enter on the pullback so we get a better risk-reward ratio. This could be a long term trade so minimize your risk by minimizing lot usage.
This is a simple trend-following trade since we have good momentum now on this pair to go for more upside.
Simple Trend Following Approach.. Blue - Entry Red- SL Green - TP
Simple Analysis with confirmation to the downside while we wait for price to go back from its origin.
Simple Analysis for Today. Reached my weekly goal so just getting fewer trade for the week if there is... Entry is blue line. SL is red and TP is green. Good luck!
We wait for the price to go down so it can go back up again... Setting pending buy order on the blue line. SL is our red line and the Green line is our Profit Target. Good luck all and have a profitable trading!
We wait for the price to go down so it can go back up again... Setting pending buy order on the blue line. SL is our red line and the Green line is our Profit Target. Good luck all and have a profitable trading!
Here's another possible trade for Gold if price continues to go down without retracing, this means we can expect gold to bounce on our entry price which is 1690. Setting pending buy order on the blue line. SL is our red line and the Green line is our Profit Target.
We wait for the price to go down so it can go back up again... Setting pending buy order on the blue line. SL is our red line and the Green line is our Profit Target. Good luck all and have a profitable trading!
There's a possible sign that Gold is ready to go down again. That is why we will wait for price to retrace and get a better selling price before it goes down way further. I also have a possible buy limit order once price hits our sell target, we can expect gold also to make a bounce. So, we enter both sell and buy pending orders since Gold is somehow ranging...
We wait for the price to go down so it can go back up again... Setting 3 pending buy orders on the blue line. SL is our red line and the Green line is our Profit Target. Good luck all and have a profitable trading!
Saw a lot of signs that this pair can go down hard and hit a strong resistance. This is a possible play. Trade very small first. Also possible that SL may be hit first for there can be a possible of stop hunt first that may occur before price goes all the way down. WE can always re-enter but let's see what will happen next week.
Saw a lot of signs that this pair can go down hard and hit a strong resistance. This is a possible play. Trade very small first. Also possible that SL may be hit first for there can be a possible of stop hunt first that may occur before price goes all the way down. WE can always re-enter but let's see what will happen next week.
This is a simple trade continuation with small possible target only since liquidity is thin today.