IDEA-TRADE
SIMILAR IDEA WITH AUDCHF, BUY NZDCHF, PICK ONE!SWING TRADING JOURNAL
I'm bullish for NZDCHF and this is my plan
I will;
BUY NZDCHF somewhere at Green Box (try to buy lower as possible)
SL below RED LINE
Final TP at Blue Box
If you trade AUDCHF, do not trade this!
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bullish structure still valid
6. etc
No Profit Guarantee, Good Luck!
TRADE IDEA, SELL EURNZDSWING TRADING JOURNAL
If you have EURAUD sell position in active, do not trade this!
If you miss EURAUD, maybe you want to consider to sell this pair
SELL EURNZD at Market (Green Box)
SL above Red Line
TP at Blue Box
We have AUD news tomorrow, so be carefull with this pair
as usual, Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc
No Profit Guarantee, Good Luck!
XAUUSD MAY RETRACE BACK , OUTLOOK IS BEARISHGold is trading nearly flat on Thursday after testing an 11-week low earlier in the session, underpinned by a weaker U.S. Dollar and a slight dip in U.S. Treasury yields. Gold is currently trading inside a long-term retracement zone at $1787.30 to $1711.70. This zone represents value so we could start to see some bottom-picking.
IS GOLD DROWING? OVERVIEW TECHNICAL!We saw last week that problems getting the vaccinations distributed, rising coronavirus cases, weakening economic data and a dovish tone from the Chairman of the Federal Reserve failed to fuel a rally in Gold. And why was this? Rising Treasury yields and safe-haven demand for the U.S. Dollar.
USDJPY TRADING IDEA - ANALYSIS 🔔Technically, the gradual decline in aging remains under influence. Monday's closing was the strongest since December 10 at 104.18 and the high of 104.39 nearly hit the channel's upper boundary. The highest on Tuesday was 104.33, as would have been unable to break the boundary on Monday, and the bottom at 103.74 represented the refusal. There is no technical case for a reversal requiring a reasonable foundation within the channel.
USDJPY TRADING IDEA - ANALYSISTechnically, the gradual decline in aging remains under influence. Monday's closing was the strongest since December 10 at 104.18 and the high of 104.39 nearly hit the channel's upper boundary. The highest on Tuesday was 104.33, as would have been unable to break the boundary on Monday, and the bottom at 103.74 represented the refusal. There is no technical case for a reversal requiring a reasonable foundation within the channel.






















