I keep my eye on this currency pair as well! Clean setup for me according to my trading plan. My first target is clearly see on chart
Just look at this pair! According to my trading plan it is the cleanest setup on NZDUSD. Double top on 4H timeframe and then the retest of the previous structure. Right now we slightly broke that region but at the same time we create ascending channel so definitely will look for short position. If we will brake the structure - my main target will be previous...
Hey traders! Happy Saturday to everyone! Hope you are doing well! Let's remind our last week especially on GU. Zone 1.3000-1.3025 was very strong for me. My main target was pretty far and price didn't get that region. Anyway we were 2% profit (trailing stop) and I am happy with that. What do we have now? Our main support/resistance region was broken, and...
Hey to everyone! Hope everybody is doing well. After a good short on GBPUSD which we made today, I got another setup on GJ. The Pound weakness is still continue so on 4H timeframe we got a double top formation and new impulse to the downside was already formed! I am gonna patiently waiting for some pullback ( according to MA50 or another double top formation)...
Very similar situation to my previous post about NZDUSD. On higher timeframe we can see huge impulse to the downside. Potentially we have created a perfect zone (resistance zone) which you can see on the screenshot above. I just follow the nature of the market and from that perspective realise that now we are in Correction form. I put an alert as well so we gonna...
That currency pair is on the main watchlist for today/tomorrow. Put an alert and wait how the price will react on that region. On the higher timeframe we got a perfect double top formation, and huge impulse to the downside was formed. Potentially we have created a beautiful area of resistance. SO keep my eye on that region.
Well, we have nice bullish momentum, we can see that the pair retested the support at 136.300 before continued the uptrend, however i would like to see a break through 138 levels before execute an order.
second cycle orders are playing in perfect range and technically accurate, sl around 0.65200.
This pair has been stuck in this range over month and the best way I can say is to myself and I tell others - Let it break out in the direction it wants to then trade the pull back trade to follow the momentum trade it goes to with confluence adding Fibonacci retracement. PATIENCE. ***Maybe add alerts to the chart and see it reacts at certain levels or trend...
Hey Traders! Happy Sunday, let's get this week started right with the Top FX Pairs on my watchlist, And all the zones I am looking for possible trades in for this week. Firstly we have EURUSD which for the whole of last week was in an Uptrend. This pair has just crossed over the 50EMA and is now coming up to a Major WEEKLY Structure Resistance Level . This is...
Possible psychological resistance at $200 a share, wouldn't recommend shorting this as this is a very consistent stock, providing steady returns, however it will be interesting to see what occurs once price has broken the $200 milestone. Also sitting at top of regression trend, which may lead to a small pullback
Many of us are not willing to do what it takes.
Accepting losses is one of the hardest decisions a trader must make but it is necessary. Conquer this one trait and you'll do better than 90% of other traders.
Many new traders are too focused on making money by picking the perfect entry that they forget all the other aspects of trading.
I give you 5 important trading rules this week. You have seen them time and time again on many trading educational programs but they show up often because they are important.
Hi Traders.... If you didn't find a buy setup in a previous wave to the upside you have to wait that the price will fall back to that trendline then look for your setups again. "May the forex be with you"