US Dollar was quite strong after the release of US Non Farm Payroll report on Friday due to the figure was better than forecast Overall this pair is in the downtrend in D1 time frame. Setup strategy: Sell Since USD was strong after the report released, it gave us a better price for sell opportunity at near the blue zone and downward channel upper line. Plus,...
BoE rate announcement likely to be a trigger to move this pair by tmr Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Setup strategy : (sell) Monitor on the price when it comes to the downtrend channel, then sell again Expect some bullish momentum tmr and Tuesday before placing sell order Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own...
Setup strategy : (buy) Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Setup strategy : (sell stop @ 0.8980) Wait for price to break the yellow zone, retest for sell confirmation BOE rate decision on Thursday @ 7pm MYT where the bank likely to hold rate unchanged at 0.10% Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper...
Setup strategy : (Sell limit entry @ 1.6530 and sell stop @ 1.6448) Short term bullish momentum is expected to occur. Price likely to project higher till 1.6540+-, it may face a strong resistant at blue zone where potential seller may come in, i am more in sell bias on this pair. Remarks from author 1)This analysis does not represent long or short trade...
Setup strategy : (buy entry) Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
UJ was under huge selling pressure on Friday, however, there is some bullish pressure come in before the market close at H4 time frame. This pair would likely to undergo 2 scenario: 1)where the price comes to retest the resistance again and head south further (bearish flag pattern at H1) or; 2)manage to break out the resistant. If price manage to closed above...
Setup strategy : (sell stop entry) Personally will wait the price to show some rejected signs at blue zone first to enter a sell trade. Take note that German Prelim GDP q/q is set to release at 30 July, previous -2.2% with market forecast on -9.0% Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author...
Setup strategy : (buy limit entry) Personally will wait for correction first to happen first to enter a buy limit trade @ 135.65. However, if the trend line is broken, I would wait for opportunity to enter a sell entry Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own...
Current swing : downtrend at H4 Setup strategy : (buy limit entry) OR buy stop entry if price break the zone, and show some bullish sign. Personally won’t look for any buy entry yet as the price will likely to head south further before it reverse. GBP facing a bearish momentum since Tuesday, but managed to renounce as at Wednesday night MYT, if this pair is fall...
Current condition : ranging Setup strategy : sell at range high, if price does not manage to close above daily resistant zone Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the...
Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Current swing : uptrend Setup strategy : pull back (sell limit entry) price likely to test again on this previous daily resistant zone again (blue zone), I would foresee the price likely to go up higher first (to form a bull flag) before it turns to south. if price manage to close below this daily resistant zone plus a sell confirmation, a short term pull back...
Current swing : uptrend Setup strategy : pull back (sell entry) price likely to test on this daily resistant (in blue zone), if price manage to close below this daily resistant zone plus a sell confirmation, a short term pull back (sell setup) would be placed. Market is usually consolidate phase on Monday, plus there is no big news going to release on Monday,...
Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority