For some strange reason the retail trade still appears to believe that the good old stand-bys are working as carry trades" ( AUDJPY , NZDJPY , GBPJPY , etc.) The fact remains that today, those don't even make the Top 5 of professional traders' (e.g., the industry) preference list.
Interest rate differentials combined with existing margin rates make most of the...
PRICE JUST GAVE US A NICE RETRACEMENT. I AM ANTICIPATING ON EURJPY TO CONTINUE WITH AN UPTREND FROM HERE. BELOW IS A LINK TO OUR PREVIOUS IDEA ON EURJPY
I believe it. So what is your expectations in comment below.
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The Eur/Jpy has a lot of potentials. The movement of price is dope. There is a lot of both buy-side and sell-side liquidity that needs to be taken out from the market by the banks and institutional traders. So we hope to see this pair fall to at least the level I expected. When trading this, one needs to note what to do whether to take full profits or take it in...
As I told before, the number of US index is falling very strong and in some weeks later I believe that it will touch the support zone, which created by the last HL in 2018 and changing zone in 2010.
Because of Corona virus and economical issue I believe that if price can not break the support, it will do a time retracement.
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-4hr BMS possible push to the upside
-1hr OB
refined PDA to the 15min and 5 min
-looking to sweep those eye highs
-r;r 7:1
-looking for SH, BMS, RTO for entry
- speculating price action live
THIS IS JUST A TRADE IDEA. TRADE AT YOUR OWN RISK. TRADING INVOLVES losing MONEY AND RISK. YOU ARE HELD RESPONSIBLE FOR YOURSELF. USE RISK MANAGEMENT WHEN TRADING.
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Analysis of #GOLD
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Strategy: Pullback on 61.8 Fibo
A clear chart is Always the best...
USDCHF Buy Stop at 0.92156
SL 0.91797
TP 0.92874
RR 2
// DISCLAIMER
This explanation is only my personal opinion only.
Trading financial markets involves risk, and is not suitable for all investors.
I am not responsible for any losses incurred due to your trading or anything else.
I do not recommend any specific trade or action, and any trades you decide to take...
Aquí el precio sigue creando altos más bajos y bajos más bajos esperemos ver como el precio reacciona al abrir el mercado si nos da una vela envolvente, pin bar o Hammer nos vamos a la compra.
