daytradrfx

daytradrfx

OANDA:XAUUSD Short is marked on the chart. Failed to make a new high Strong Sell Candle on the hourly Looking for short continuation after this clear failure.

daytradrfx

FX:GBPUSD I think the high of the week was setup on Monday. Marked the setup on the chart. Good Risk reward.

daytradrfx

OANDA:XAUUSD It's creating a nice rounding pattern on the 15 mins. Expecting a breakout and will enter the breakout of that level. Marked in the chart. The profit target is 1890. Best of luck traders!

daytradrfx

OANDA:XAUUSD Going short on Gold. Tried to take out yesterday's high but got rejected. Should be an easy short targetting 1:1 risk reward.

daytradrfx

AUDUSD Shorting AUD here as DXY seems to be breaking out after relentless selling and there is clear structure in the AUDUSD making it the ideal candidate to short.

daytradrfx

FX:GBPJPY Selling GBP fading the spike. Let's see how it plays outs.

daytradrfx Updated 

First trade of the week. Shorting gold from 1875 TP is 1863 SL is 1885 Since its the first trade of the week trying to bet small risking 0.25% on this trade. Lets see how this plays out. XAUUSD

daytradrfx

FXOPEN:XAUUSD Entry 1845.1 Take profit1839.72 Stop loss 1850.12 RR: 1:1 Correction of the initial impulsive move

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FX:EURUSD Risk 2R Entry @1.0523 TP @ 1.0602 SL @ 1.0490 Trade duration only today. Will be closed at the end of the day don't want any weekend exposure.

daytradrfx

FX:EURUSD Here look at the chart. It started with a strong push toward the low. Followed by a sharp reversal. It broke the structure on 5 min chart. Then on the break of the high, we can enter. R:R = 1: 2 If you have any question about this setup please ask.

daytradrfx

FX:EURUSD LONG EURUSD The first loss signal was a signal for this trade. Now risking 2R for this trade as we have confirmation from the previous trade First Tp is 1.0650 and the second TP is 1.072 SL is 1.0570

daytradrfx

FX:EURUSD Selling EURUSD as it got rejected from Yesterday's high so going for a quick trade.

daytradrfx Updated 

FX:EURUSD Going long on this trade as DXY is also dipping. Risk: taking 1R risk for 1R rewards.

daytradrfx Updated 

This is a trade idea for today. The logic is the market traded down and trapped some traders on the short side. So going long is ideal at this point. If the setup fails then I will put double risk and go on the short side as it will be an extremely strong sell signal. FOREXCOM:XAUUSD

daytradrfx

Open of the new year. Markets went high to test the London High in New York and were rejected. Short was taken on the rejection of the high with a risk reward OANDA:XAUUSD

daytradrfx Updated 

EURJPY LONG ON EJ As we can see strength coming in on EURO currency. Risk reward is 1:1 lets see how this plays out.