It is always advisable to trade with the trend. Even when you loose some money, you will be safe when you utilize proper risk management.
We are currently on a down tend and we have experienced a retest. We are looking at a short position
We are currently on a down tend and we have experienced a retest. We are looking at a short position
We are currently on an uptrend and we have experienced a tetest. We are looking at a long position
CADCHF has been on a steady uptrend. We have seen a good setup to buy as price has retested previous day key level and we look forward to a upside continuation.
We have a sell setup and we are currently in a down trend. Test and restest has played out and nest to take only sell trades
Restest of key level has completed. We a currently on a down trend and best to take sell trades
We have retested a key leve and seeing price to go for a continuation
We have experienced a pull-back and likely to take a buy limit to next resistance
We are trading with the trend and the previous day key level has been testes and restested severally. We are taking a long position
Always trade the trend. No matter how attractive the market might seem, do not be tempted to trade against the trend. Yes, at some points, the market goes in your favor when you trade against the trend but on the long run, you loose more money than expected. BE DISCIPLINED !!!
Price has retested the key level and we have seen a bearish signal to go for a short trade.
This is a follow up on the last video. We arelooking at bearish movements on most currency pairs. Always remember to trade wisely.
EURJPY is currently on a sell and has tested the previous High. We are looking to hittong a target in the next support.
We checked different market conditions to look for the best entries to make good trades. Using price action we are able to analyse the current market movement and how it has been in the past. Do have a splendid trading day.
This is a random analysis. Though I have taken my profits for the day and not aiming to get another. Though it will not be bad sharing some educational content for the day.
We are currently on an uptrend on USDCAD. Knowing the trend is our friend, trading with the flow gives us a better chance of making profit. Except there isna news in the Asian Session which makes us hit stop loss, we are good as price has retested the key level.
Using the signal from donchian and RSI, we are going to have a selling market soon.