When trading supply and demand imbalances we don’t really need any kind of indicator or add-on tools to tell us how and when to place a trade. Trading should be simpler than dragging a few indicators or tools on our charts expecting red and green arrows to tell us in which direction to place our trades. Are you sure you want to rely on indicators to tell you what...
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
This is probably the only exotic pair that I trade, This pair has been ranging for a while, but I could see it break out of its range. But there's a 3:1 or 4:1 trade that we can possibly make some nice profit from.
At this moment on USDSGD Daily Chart USDSGD is moving on a sideways market movement and it ranges between 1.3456-1.3609. USDSGD has been ranging for the past 3-months a break of the market movement is certain. There are 2 possibilities of its movement, an appreciation of USDSGD is more likely the and continuation of a bearish move. If the market break and close...
USDSGD came to key support. Fakey and pin bar confirmed.
Moving averages suggest we have some more way to go down as we continue a strong downward trend. Moreover, the strength of this slide is notable. Resistance from February was broken as was resistance from January AND price action also broke a trend line from back in 2018. In spite of this, RSI and stochastic suggests we are poised for a rebound as both are...
USDSGD Timeframe: 1D Direction: Short Confluences for Trade: - Stochastic has yet to move into Oversold conditions - Breaking Support Trendline (since April 2018) - Fundamentally, with positivity the outcome from the temporary truce between Trump-Xi and a more dovish FED reduces the drag on global demand and is positive for the Asian region. The SGD is a...
USDSGD has tested key support three times in November, in which price quickly rebound after reaching this level. This is significant as quick rebounds indicate bullish sentiment, as buyers continue buy at dips. This is further evident by the fact that price has been trading in a channel trend since June of this year. Going forward, you must look closely to the...
Analysis for swing traders Swing is clearly trending higher with higher highs higher lows from not just price action but bollinger bands as well. Therefore current movement = retracement. For trigger look for VV in line chart at shadow or clear wash n rinse of shadow i.e. V shape below and then sharply back above shadow. If in doubt insert a 3ema display2 on...
I closed a deal with 235 pips of profit. I did it because I currently in Italy and it's too hard to work and travel in this beautiful country at the same time. I pick traveling))) But what about USD/SGD. Currency rate at powerful uptrend. If you have an open position you can close part of it and hold another part. As for me, I will wait for PullBeak 1.3489 it...
USD/SGD Free Signal Just take a look on this chart. Price bounced from Key Weekly Level, it's are so powerful on FX Market. At this moment you have a chance to open a deal with R:R — 1:6 or bigger. Because, price come to key buy zone. From which price could move up 300 – 400 pips. Open Long near: 1.3332 S/L: 1.3298 1T/P: 1.3538 2T/P: 1.3646
USDSGD is getting supported for now but can retrace back to Resistance level as shown in this pix, then may resume its long term downtrend