Tradingwithtamil

Tradingwithtamil

Hi traders, USDCHF SELL PLAN IN DAY-SCALE: As for now, the market reserving a downfall movement from the current price action. In the chart, the market booked a resistance saturation point for this trade @1.00560 (shown in the graph). Whenever the price action reaches the zone it automatically loses its momentum and slips downward (shown in the...

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Hi traders, In a day time-scale, the chart setting a solid base in favour of a hike for CHF. At the point 0.95828, the market executed a potential impulse and hoisted a flag correction. After a correction formation, the chart printed a powerful impulse to break the pattern. Usually, an impulse is followed by the correction break out. But the chart emitted a...

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In this post, we will discuss the formation of breakout point in some basic patterns. (1,2)-These kinds of pattern formations are common in either bullish/bearish, the signal forms bump to reverse the trend. I.e A pullback/throwback will happen in the previous trend to reverse the trend. Wait for the broke out to decide the trade(buy/sell). 3.FALLING...

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Hello traders, The XAUUSD is one of the most traded pair in the forex market. In a 4hr time-scale, candles formed an impulse at 1300.654 and turned the trend to down. (shown in the graph) After the impulse, the signal tends a solid descending channel correction (shown in the graph) At 1254.154, the chart printed a potential impulse and broke the channel...

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Hi traders, In a day time-frame the pound rallying significantly against the Japanese Yen. The GBPJPY is one of the familiar pair in forex market. However, the price range finally breakthrough confluence correction trend with a potential impulse. At 144.072, the market pitched an impulse and saved the trend from the downfall. Right after the impulse, the...

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Hi traders, The pair NZDCAD approaching a definitive bearish zone with a breakout and yet to form an impulse. And I believe that the breakout point must be the good selling point for a nice profit count. Presently, the market printing the price range at 0.89535. For this pair, it was the previous trend resistance point that’s why the price got stuck here for a...

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Hi traders, The pair AUDUSD is open to make a very quick short-term trade. In a 1 hr timescale, at 0.73121 the market printed an impulse in order to turn the trend to the top. Right after the impulse, candles formed in a sideways to keep the movement steady from the downfall. At the point 0.73792, the market printed an impulse and gave a hike to the signals...

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Hi traders, The pair EURCAD moving as per the big players wish. On a daily time scale the market moving in a bullish trend (shown in the graph). When you move into an Hourly time scale, at 1.54426 the chart printed an impulse and reversed the trend from uptrend (shown in the graph). Especially, a close look on the reversal point will remember the bank...

Tradingwithtamil

Hello traders, The pair EURJPY indicating the valid signs for a sound buy limit. In a day time frame, at 137.118 the market emitted an impulse candle and let the trend moves in downward from sideways. After the trend change, signals moved in a closed channel trend as a combination of impulse and correction(shown in the graph). At 129.822, the market printed an...

Tradingwithtamil Updated 

Hi traders, NZDUSD marked an engulfing pattern on a 4 hr time scale, one of the best technique to determine a trade is break out point. In the chart, at 0.70367 the candles formed an impulse and brought the price range in sideways. After the change in pattern formation, the signals travelled in trend as a baseline (shown in the graph). Whenever the candles...

Tradingwithtamil

Hello traders, Stock possible in the process of forming a thunderbolt structure from the current price action in a 1hr time frame (i.e) the candles may grow as an impulse to the down and a pullback to the top and again one more impulse to down (shown in the graph). In a 4 hr time frame the market moving in a triangle formation (shown in the graph). At...

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Signal Specification: Pair: GBPUSD Order: SELL Entry : 1.3560 Take Profit : 1.20981 Stop loss : 1.44165 Risk Vs Reward: 1.67 Our Unique Features: 1. Follow our continuous 15 signals ….Your capital increased upto 10% in your equity surely. 2. We are not TP1, TP2, TP3.. 3. We are not Trailing stop! or average the trades. 4. 2% Risk Management Per...

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Hi traders, Happy to hear queries from followers. "I’m following your posts for a long while, it helped me to learn a lot about Forex. How can i identify the upcoming changes in a structure/pattern?" When it comes to predicting, we have to follow bunch of unwritten rules. In the chart 3 basic patterns are drawn, in order to answer your question. 1. In this...

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Hello traders, The USDJPY pair opens a chance for a small trade. Even this pair seems to be losing its bullish momentum. In 4 hr time-frame, the chart printing the candles at 110.869. At 111.394, the market formed an impulse and reversed the trend. This point also considers as Trend resistance (saturation point). After that, the chart printed the price...

Tradingwithtamil Updated 

Hello all, In the chart, signals nicely jump off from the support and entering into a possible pullback area. But the price is not creating a trend reversal. In a day time-frame, at 0.78523 the market got a pullback and reversed the trend to down. After the pullback, it forms an impulse to keep the reversal process in a constant form. Back to back impulse...

Tradingwithtamil

The USDCAD pair rallying to balance the supply-demand and creating a brand new weekly downtrend. In weekly time frame, the chart printing signals at 1.31870. At 1.46916, candles formed an impulse and saved the trend from upward. And the signal forms a correction to stabilize the trend. (shown in the graph) After the correction formation, (1.32049) signal broke...

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Hello traders, As I mentioned in the last USDJPY update, the Japanese yen got short nitro to fall down. The pair still running on the same rhythm and ensuring the yen in good health. In day timescale, the chart printing the signals at 109.458. At 111.040, the chart printed an impulse and turned the trend to down. After the impulse, the market hoisting a flag...

Tradingwithtamil Updated 

Hi traders, After an enormous up from last week, the EURUSD pair still moving with the good health. As I said in the last update the EURO recovering from the massive fall. We can map the recovery path in the chart. As for now, the signals landed at 1.16641 (shown in the graph). By the impact of an impulse(1.18259) the momentum appeared with the combination of...