AlgoTradingGroup

AlgoTradingGroup Updated 

Good Morning traders, First day back this week we noticed DXY broke last week's low with a strong movement causing EURUSD and GBPUSD to break last week's high. This indicates that EURUSD and GBPUSD is now looking for a bullish movement. As you can see above, last week price didnt come to our entry point and just tapped at discount and took off. This week we...

AlgoTradingGroup

Good morning traders, This morning analysing EURUSD chart we notice the decrease in volume as price drops lower. This indicates the supply is being absorbed by the instituion. We may see a bullish EURUSD for a while now. We are looking to enter at a discount price. We will update below as price approaches our entry

AlgoTradingGroup Updated 

Good morning traders, Following our yesterday's idea on DXY, it has tapped our POI during asian range which we avoid during trading. We onyl trade during london and new york session and as london session opened, price ran though the POI stops without any BOS. This is the confirmation we wait for before entering. Now that there was no confirmation, we didnt enter...

AlgoTradingGroup Updated 

Good Morning traders, This week we still anticipate a strong USD as we see it may be aiming for the weekly Point of interests where the chunks of orders lie. We aim to buy the dollar at discounted price as marked in the chart above at the 15 minute POI Will update below as the price moves

AlgoTradingGroup Updated 

Good Afternoon traders, This week, we will be looking to buy EURUSD as it has been ranging since last week resisting the support. The volume suggests that alot of buy orders are kicking in within the current range on H4 as price on H4 is moving sideways. We have spotted an excellent entry price at discount as you can see above in the chart. We will be waiting...

AlgoTradingGroup Updated 

Good morning everyone, This morning we see a buy opportunity in EURUSD as yesterday we saw a liquidity sweep which left a 'Sell to Buy' candle where alot of money lies for the banks which must be mitigated. This is not certain movement as price can carry on dropping (long term trend is bearish) but the reaction in the marked area is highly likely. We will be...

AlgoTradingGroup Updated 

Good morning traders, We are looking at the above 3 scenaries for EURUSD as we are looking to buy EURUSD at a discounted price. We are most likely to see a reaction at the last buy entry and perhaps at the second last too. We will wait for more confirmation and see how volume aligns with this analysis Furthermore, we always refine our analysis on smaller...

AlgoTradingGroup Updated 

Good Afternoon, Above are the 2 buy scenarios we are expecting from EURUSD. We are likely to see a most probably reaction at the 15 minute POI as mentioned above. However, this is not a signal, we always analyse in depth within smaller time frames and wait for confirmation when price arrives at the POI Outlook on M1 Chart:

AlgoTradingGroup Updated 

Good morning to everyone! As we analyse EURUSD this morning, we can see the above 2 marked areas where price of EURUSD can possibly react. The possible buy area (green) looks more probable. Both sides the liquidity is generated for Banks to wipe. We see slighly more confluence on the buy side than on the sell side Will keep you all updated as this is only 15...

AlgoTradingGroup Updated 

Currently looking at the above 2 scenarios for EURUSD. The higher limit looks very promising however we must wait for more confirmation. Liquidity is already generated for banks to now wipe off and react off these areas. You can see the liquidity generated below in the M1 chart. Note that the above analysis is just an anticipation and we always wait for more...

AlgoTradingGroup Updated 

As stated in the previous idea, we are likely to see the run through of the price and hence why we risked 0.5%. We saw price running through our Stop and unfortunately we took a loss of -0.50%. We see more feasibility on this trade, hence why we will be risking 1%

AlgoTradingGroup

Happy New Year everyone! We wish you all a prosperous year. Starting this week, we are looking to take the above Buy trade in EURUSD. We are likely to see the reaction at the area marked. However, seeing how forcely EURUSD price is declining, we may see a possible run through. Hence why we will be risking 0.5% in this trade. Note that the above analysis is just...

AlgoTradingGroup Updated 

Observing this trade. Waiting to see how price reacts where it is currently. If we see any break of structure, we can then enter on following mitigations Price is most likely to react at the area marked, however not certain how further down it will drop or hit TP. Hence why its always wise to book partials at 1:2 or 1:3 RR Note that the above analysis is just an...

AlgoTradingGroup

We are expecting a bullish reaction at the area marked on the chart above as it has multiple strong confluences. Note that the above analysis is just an anticipation and we always wait for more confirmation on LTF before execution. For more refined view of this analysis. check below: Please check the discription to view our 1 minute time frame analsis as we...

AlgoTradingGroup Updated 

We are looking to buy EURUSD at around price 1.13590. WE are waiting for few more confirmations. If you do place limit without confirmation, safer SL would be 1.1350 Note that the above analysis is just an anticipation and we always wait for more confirmation on LTF before execution. For more refined view of this analysis. check below: Please check the...

AlgoTradingGroup Updated 

We are expecting reaction at the marked area below in M1 chart. This analysis is just a rough idea of what we see in EURUSD at the time of analysis. If market decides to change movement, our view will reverse too. We will post the actual idea with Entry SL and TP soon. Furthermore, since its monday, institutions may be setting liquidity traps and hence why we...

AlgoTradingGroup Updated 

We are a bit iffy about this trade as volume doesn correlate with the move but we can risk 0.5% on this one✅ Note that the above analysis is just an anticipation and we always wait for more confirmation on LTF before execution. For more refined view of this analysis. check below: Please check the discription to view our 1 minute time frame analsis as we trade...

AlgoTradingGroup Updated 

We got taken out in the previous trade unfortunately❎ We are now moving on to new setups which high risk rewards✅ Currently observing EURUSD for this buy order. Note that the above analysis is just an anticipation and we always wait for more confirmation on LTF before execution. For more refined view of this analysis. check below: Please check the discription...