Hi all traders, I hope you have a good day with all the pips from fomc. Now that fomc have settled, this is a trade analysis i have for you all on usdgsd. Please take note of the levels i have informed in usdsgd and trade those levels carefully. Please also help to like and share this video with your friends. Follow me on tradingview for more video...
All details are on the video. Enjoy
In this video update we take a look at the trades that were left open for the week where they are positioned and how we can manage them. CADJPY- Breakeven and likely to be stopped after poor retail sales. NZDJPY- hit targets on 4hr trade, daily still open and in profit. EURGBP- open and in profit. USDSGD- open and offside slightly.
In this video update, we take a look at USDSGD as we identified a potential head and shoulders pattern forming. Price is now sitting at the neckline resistance and if we see positive US data today the neckline could be broken, leading to further upside.
In this video update, we take a look at USDSGD and how the trade posted in our telegram is progressing. If the daily chart closes higher we can look for short term trades going forward on the 1hr chart. Wait for the daily close to look for pullbacks on to structure highs.
In this video update, we take a look at USDSGD as it approaches a key support level. If the market can break lower and sellers push the market further we can look for continuation trades into the next key support zone.
In this video update, we take a look at USDSGD and how it is trading between to key significant levels. Price action suggests we are going to see further declines in this market and the 4hr chart is starting to move lower in line with the daily price action. The minor resistance level highlighted in the video would be a likely area for the market to find resistance again.