As you can see see. I entered short in GBPAUD since february and i still in profits. As you can see, GBPAUD is in retest now and will continue going down after to around 1.59138 and there will be another chance to enter SHORT again after this retes. Dont worry, i will post the entry trigger when its shown with confirmations and you can enter too in this profitable...
The difference between success and failure in Forex trading is very likely to depend mostly upon which currency pairs you choose to trade each week and in which direction, and not on the exact trading methods you might use to determine trade entries and exits.
When starting the trading week, it is a good idea to look at the big picture of what is developing in...
The full prediction on the NZD/CAD was given to the FXTD Academy students showing every detail about what price has done and what it's expected to do. Now here is the result so far. 1:3 Risk to Reward ratio achieved already. Yo.
🌻It has already taken support once on 1.17000 to be precise
🌻Rsi showing divergence with price
🌻Buying above 1.17140
🌻It could retrace upto fib 0.6
(not in parabolic move but with some small pullbacks)
🌻Could get 1:3 (RR)
Nice build up (4h TF)
Breakout and retest
* White line = 200 ema could be (first) 🎯
* T2 = 0.8100
Breakdown might take support @ previous swing
Note = I'm trading only it gives breakout, no trade on breakdown
If breakdown will wait for another structure to form
The CAD/JPY is long term bullish and short term bearish, I think price has traded into the bullishness of the cad/jpy. Price has traded into the h$ order blocks so therefore, we wait for a little confirmation on the lower time frame of which I think I have entered even before the confirmation is appearing. We should expect a break in market structure on the lower...