My trade plan 2:
I have sold USD against YEN around 148.535 and I will be trailing it to 142.765 (3rd Target) but i will be loading off some at Target 1 and target 2. My Stop loss is around 149.325.
Disclaimer
Trading is very risky so trade using your own research.
Analysis:
This has been a beautiful pair to trade recently and now we've got another opportunity setting up. Firstly looking at the chart it's clear to tell that we're in an upwards trend. We're forming higher highs and higher lows which confirms what we're seeing. We also have an upwards trendline which is being respected, again showing us that we're in an...
Analysis:
Looking at the charts we're clearly able to see that price is in an upwards trend. We've been forming higher highs and higher lows which shows us the trend we're in so knowing this we're only looking for long setups on this pair. We also have a key level which we've marked out where we've previously seen a strong rejection from but we've since broken...
Gold has made an incredible push upwards and I fell a small retracement is in order but will it be able to return back down? Or will gold continue rising? Plz share your ideas.
Hello all
I am looking to get in to GBPUSD
With a weakening USD and GBP gaining strength dependant on sentimental short term views, i think that price will retrace today back into the 50% to 61.8% area of the Fibonacci region highlighted within the picture.
Price could carry on or only retrace back to 38% area, however we will look for buy signals at these...
Here on the Euro I am expecting a huge bullish increase throughout this first MONTH of the year there may be an intense pull back to trap the incoming and the year end sellers but for the overall directional bias on the Euro Usd I see gains for the Euro over the dollar.
