I am back with another USD/CAD trade this time its a Long trade
I received a signal around 4 PM CST
I got the 10 EMA cross above the 20 EMA on the 4 HR chart
So on the 1 HR chart i am waiting for a pullback into the 50 EMA
My entry will be 2 Pips above the 50 EMA
Heelo, this is our point of view about AUD/CHF, as you can see we have a strong support zone on the daily chart. After a good confirmation we will go into a long trade, we set our SL arround 0,67043 and TP arround 0,72533. We wish you a great day!!!
This seems to be forming a head and shoulders pattern. It would be smart to wait on this and then short for some good gains.On my last post I was looking at a long position and I was right on the money! Now we are still waiting for this to hit the TP to then take the short position.Shorting around 92.000 would be a good idea.
Quote: “The goal of a successful...
I often think to myself how many traders are actually good and could make money? What if the main reason you're failing is because you use leverage the wrong way. I think every trader has made the mistake of over leveraging in a position when they think they see a really perfect trade. Now maybe they're right but as you know nothing is lined up 100% perfectly in...
For the moment they are from this pair of currencies where the indicators and strands of the butterfly and the wave of elliot have reached the end of the control received by the sellers but it remains only to see how will close the last candle and look at the Asia exchange that will open for a little ore
Today, I'll be starting on technicals and end off on various fundamental factors.
So, starting on the 4HR timeframe, we've seen a range of lower lows and lower highs being created with our most recent lower low being formed around the 1.82600 price region. We are now of course, anticipating a lower high to be formed in continuation of the downtrend. The daily and...