AUDJPY Trade Idea Short
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general...
EURAUD Trade Idea Long
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is...
Thought I’d poss up some Forex trading snacks!
The NZDUSD is coming into a short term risk reward zone and up against a falling channel trend line. I see this as an opportunity to short some mainly because the price action is heading into multiple technical resistance zones and the back story is one of one of the most...
One good thing about trading Currency, there is always another trade. And at times setups show up in groups of similar patterns across multiple pairs.
Longer term chart patterns are much more reliable as patterns to play. First being a longer time frame chart pattern means more trades have been applied to form these pattern, and when they break—the moves are...
Looking for break out and attention to reversal candlestick formation!!
If the market breaks out at the resistance 1282.60, potential bullish trend continuation.
If the market breaks down, outside of the ascending triangle we will target the support level of 1241.56
If btc touches the next support zone and the next candle appears to be a buying candle. Then we will be ready for a long term buy. probably up to $20k. breaking the second resistance($13.2k) and going to meet up the the first resistance. And which will be the second of it kind.
After the break of the ressistance $1317.19 we go straight to the $1345.00 zone and close the trade around $1342.00.
Now we have to wait if the market has a bull momentum the price can touch $1355.00. But we need a clear break of the $1345.00 zone for expecting new HIGHS. Anyway now its time to wait. Good vibes
The EUR seems to be losing a bit of steam against the CAD and has given us a short order at 1.4847. Our first profit area will be at 1.4787 where we may take some profit. We have a trailing stop in place at 120 points but that is only in place for if there is a unexpected market event. We will have updated stop orders as the trade progress. After profit 1 we will...
Potential further downside continuation based on the 'trend continuation startegy, which also couples up & coincides with our Bearish analysis based on our trend-following strategy.
Our current analysis based on 'trend-continuatuion' shows price currently ranging within an intra-day pattern. There are two potential scenarios here that we will be looking...
Hello Traders, USDJPY Breakout the trend Reversal pattern in 4Hr Time frame and in daily time frame the market follow the trend continuation pattern ,so again the market touch this price 107.439 after this target look for an Bullish impulse in this pair
Entry : 113.297
Take Profit : 107.439
Stop loss : 114.778...