About meI've been trading forex since 2010.
Do it as a part time because i still love my current job.
I'm more to intraday/scalping trade.
My strategy more to IntelTrade/SND, BBMA and FMCBR method.
In future i'll share how to BOOM with FX220 style. stay
Friday 20th July CS Daily has breakout the fresh resistance at 1.6650. The marked price approximately at 50% fibo retracement.
Im gonna buy that area 1.6650 with risk/SL slightly below around 20pips and TP at 60-80pips.
Those want to sell initially need to wait for valid m-pattern, trendline breakout and TP right before my buying price.
Trade at your own risk....
EURUSD has made selling opportunity with trendline breakout support with break the fibo range as well.
Force of downside movement is very strong at this moment. Will look for any reentry of sell position and never open buy position.
1st position could be placed right after this candle close of wait for the retest.
2nd position can wait at first trendline...
At this moment on H4, there is 2 trade setup for AUDCAD to buy and sell. But currently, since EMA50 is crossing down EMA200 i will look more towards bearish movement.
So, I'm looking Sell position at the lower timeframe support with M chart pattern and trendline breakout.
My selling position target until 0.96500.. However might change when the market not going as...
My plan is to keep selling EURAUD if the DP price still hold. Initial TP 1.57000..
Will hold position to lower price the its break 1st TP.
Trade at your own risk. Happy Trading. :)
Mohd Amirul Anwar bin Ibaharin
GBPJPY- H1 has formed Head n Shoulder chart pattern and already break its neckline. So now the pattern is valid for making GBPJPY to go down atleast 147.700.
My trade idea is only looking for sell position GBPJPY as long as price below EMA50 at H1 until the current target price 147.700.
I've made an entry SELL GBPJPY and my risk is above EMA 50 at H1. with TP...