Looing at GBPUSD on 30M timeframe We looking for a possible SELL/SHORT position We looking for a possible downward at this distribution phase
Gold is rejected from local resistance and trading in some sell position. As you can see in my chart gold is trading now in bullish chanel and chanel support is 1775,73 area if market come 1st at support then buy gold for 1810 target. If market goes upside 1st before reaching support level then bulls have very hurdle path to break 1800 psychological resistance...
Looking for a short on XAUUSD till 1722,5 Taking partials at around 1730. Pls manage risk Got a Sell stop below 1734,31 as long we dont break 1742,65
After price collapsed from 1813 towards 1832 now we look some stability in the gold market in 4h we see bullish rsi divergence with double bottom structure. Today NFP news also released so we see some bullish moves. Again gains are likely to be limited in the bear trend with minor resistance at yesterday's high of $1748/50 and strong resistance at $1765/70.
Going into NY session NFP day, GJ made a lower low, heading into daily demand area his is only for educational purposes, risky management is key trading.
Welcome back! Here's an analysis of this pair! **USDCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
Apparently great come back for UJ today , which looks like an impulse , and we need retrace back till 129 level again and i do believe the rally is almost over , next week im hella sure we will see big YEN movement , Sell at 130.900 with proper risk and tight SL be 131.200 TP 129.000 and i believe this will be an intraday tmr with news then monday we will see...
XAUUSD, NFP News Trade Idea The price is in a trading range between the levels of 1919 and 1935.5 Gold is accumulating energy for some much further movement. First Gold can drop to support 1916-1917 if it breaks then 2nd Support 1889 after that next level 1862+-1853 this Range can be expected in 2 Weeks
As based on the recent Non-Farm Payroll data which came 678k which is 211K more then last month's data and around 271k more then forecast which make the economic condition of US strong as a result we can possibly see bullish trend in US dominated currency pairs although on the other hand the situation between Ukraine and Russian is getting worse which is giving a...
Euro dropping against USD ahead of NFP release. 100% of extension completed .. Looking for support
I am looking to short XAUUSD. Recall that this entry will be much needed for the next two weeks as XAUUSD will be melting. So close entry's at tp and leave a little position to run. We have NFP coming today in about two and a half hours. Here is a link to access the economic data release which is also known as fundamentals. www.investing.com
Today is NFP day. We will see how the market reacts to the news 1.Price is currently in a range 2.If price breaks the lows of the candle, it can continue bearish until 34590 3.If price breaks the lows of the candle, it can continue bearish until 34590
I am looking to long gold till 1840 area . feel free to take reference
I will be placing this order on USDCAD today, it seems logical to me. Due to NFP, risk will be reduced dramatically. This is my only trade of the day, good luck traders. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER : Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk...
Hello Traders! Some early price action here. London Open we get to see how it reacts, after dropping quickly away without finding a discount area. Price did not hang around M.O.P for too long as you can see.
Lots of information can be gathered prior to the high impact news events. Look for levels of interest, supply and demands, areas of liquidity etc. The London session always gives clues to where the price is going. We tend to see a lure to trap buyers before the news kicks in and goes in the true direction. Be mindful of this if you are trading NFP next month.
In this video I explain why you should not be afraid to get involved in the market on high impact news days and some tips to avoid losses. This is a review of EU PA on Wednesday and Friday. In-depth look at entries at the end. Please excuse me saying GU in the video I am obviously reviewing EU also, I meant the BFI came back to the wick closing buy orders and...
GBPUSD needs to come down to clear the minor lows and also mitigate the FVG which is conveniently in the Fibonacci discount zone at 1.3250 then we can expect to BUY from there. With the help of fundamentals today we should see that aggressive 80 pip move to that bearish OB marked up there.