Volume of buyers ready to buy the pair at the range close to 142.7 is evident. The price is having a last squeeze before continuing an upward move. I have executed a sell side trade seeing an opportunity in the retracement leg. I'll close my position soon. And after that I'll enter this market as a buyer.
If we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
If we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
AUDUSD is currently correcting within a BULLISH TREND so we are looking at a continuation around the LB . (Reason -Structure, H4 & D1 Bullish , SUITE B, Ema Cloud) // #1 ENTRY (Risk Entry, Good Reward) // -: Wait for DXY for reach UB then we will be ready to attack this USD pair around the PREV LOW/ LB. Also, IF AU will do this, we need to add EURAUD to the...
// THE DIRECTION // DXY is currently looking weak here. (Reason - PA, EMA Cloud, SUITE B, BL, Below PW.5 and anticipating a retest for the next fall ) The best way to trade xxxUSD is to understand what DXY is doing. IF DXY falls, xxxUSD rally up and right now we are about to have just that and we expect this to drop all the way down to PML (Previous Monthly...
// THE DIRECTION // CHFJPY direction is currently SHORT - TERM BULLISH (Reason - PA is coming from a DT formation, a retracement is needed. ) // #1 ENTRY // -: Enter on the break of the BL (Baseline) to the UPSIDE. // #2 Entry // -: Enter around the PW.5 (PWH/L Mid point) Line is on the chart. // INVALIDATION // Exit when price close below the...
// THE DIRECTION // GBPUSD direction is currently looking strong to the UPSIDE (Reason - PA, EMA Cloud, SUITE B, BL ) // #1 ENTRY // -: Enter on the test of the BL (Baseline) // #2 Entry // -: Enter around the YELLOW automated key zone (Little takeout off the BL) // INVALIDATION // Exit on #1 Entry will be a 40pips below BL for a 4R:R Exit on #2 Entry...
// THE DIRECTION // EURCAD direction is currently BULLISH (Reason - SUITE B and EMA CLOUD) // #1 ENTRY // -: Enter on the break of the BL (Baseline). // #2 Entry // -: Enter we we form a W accompanied with SUITE divergence take entry with a 30pips SL I will post money making trades like this everyday.
Due to the significant decline in US bond yields, investors have been prompted to bet that it will be difficult for the Federal Reserve to raise interest rates further. The peak of US dollar interest rates is expected to come. It seems that the pressure on the yen in terms of interest spreads is being lifted, and the yen has once again returned to a clear strong...
Today GBP/USD continued Friday's rally and hit its highest level in 5 weeks at 1.2250.As investors reassess the possibility of the US Federal Reserve keeping policy interest rates unchanged at its upcoming meeting, the broad weakness of the US dollar helps GBP/USD maintain its advantage. Risk sentiment dominated the market in early Asian trading hours as the...
USDCAD intraday trading alert 3 simple steps to find a quality setup! Risk Reward Ratio 1:2 Anyone same idea with me? BUY USDCAD Good luck traders...
The latest data from the United Kingdom show that the number of people employed in the British labor market has increased by 65,000, higher than the expected 52,000, and the unemployment rate remains at 3.7%.But the pace of wage growth has slowed, which is good news for the Bank of England.Because the central bank is seeking to control inflation, this is another...
EURUSD sweeps previous daily low and tap H1 order block now i am waiting for Market structure shif MSS in the lower timeframe 5/15 minutes charts, Even if m3 is clear that's fine. Will see.
On March 3, Friday, the USDJPY slid from a two-and-a-half-month high. The US non-manufacturing ISM index, released on the same day, fell from 55.2 in January to 55.1. The US dollar index, which measures the dollar against six major currencies, dropped from a high of 105.36 at the beginning of the week to 104.60. Investors took the opportunity to profitably...
On Hourly time frames pair is going to test it's important Support area around 136.700-136.950 which can be a good opportunity to enter for long; EP: 136.827 SL: 135.408 TP: 138.847 RRR: 1.8
GBPNZD Long long Idea The pair has tested the trend line both on Hourly and daily tfs and bouncing exactly from the trend line as well as RSI and other indicators are reflecting an expected bounce. EP: Current Price SL:1.91400 TP1: 1.94434 RRR: 2.32
The chart is reflecting a short term recovery in a falling wedge. It took support from a critical level and might retest the trend line giving a quick opportunity to go long. GBPUSD Long idea EP: Current SL: 1.19214 TP: 1.20593 RRR: 1
// WHICH PATTERN ON MMP GUIDE DO WE HAVE?// NZDUSD is currently showing a BULLISH CONTINUATION MM Pattern 5 in the MMP GUIDE. // HOW TO ENTER // Wait for NY to pullback close to the CP RISK ENTRY ;- LONG on a good rejection from CP CONFRIMED ENRTY;- LONG when we fix ABOVE BL (Baseline) // INVALIDATION // Use a 20-30pips STOP LOSS I will post money...