Dears, as you can see on this chart our idea and we think the price will do like this but we are not sure So, when we get in the profit 20 points = 200 pips, you have to save your position by putting your SL on the entry point. Good luck
USDCHF is currently trading in a wide trading range between two significant structure levels. The breakout will determine the market future direction. Our plan is to wait for a candle close above/below the structure level, then we can take action accordingly. Target levels: Resistance - 0.99 Support - 0.96
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Sideways moving market with a lot of pullbacks. 4 HOUR Bullish market found its resistance probably. DAILY Very bearish market in a small correction now, great short entries for sure! OVERALL I think we will...
Hello dear Forex friends, I just had this example with Alex from our Slack group, where he had posted the following for the German TradingView: So he clearly bet on the previous S&R zone on the Daily at 110 psychological and being overextended on the Hourly. The problem was though, that our S&R range was not clear, and esp. the 110,5 was even stronger as...
Based off of previous movements the AUDCHF has bounced back off of the 50% Fibonacci multiple times however if it continues bearish movement we could potentially see it hit the support of 61.8% Fibonacci.
The Swiss franc swooned almost 1 percent at the start of Asian trade Monday as thin liquidity caused by a Japan holiday led to a mini recurrence of the “flash crash” that roiled FX markets early last month. The Swissie slid from 1.0004 per dollar around 7 a.m. in Tokyo to as weak as 1.0096, the lowest since November, within a matter of minutes before almost as...
If your Sunday chart looks like this, fade the move. Every time. Podcast: traderspodcast.com Free Strategy: tfl.mykajabi.com
Hi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that...
Hi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that...
The line graph is EUR/USD & Candles USD/CHF This is a common pair that traders say is inversely correlated... Is there correlation between economies? Is it because of USD's part? Will correlation make you the good R/R trades or structure? Is there a way to trade the correlation (if any) effectively? Draw your own conclusions & have a good weekend!