Forex Trading | Price Action | Currency Pairs Analysis
First Of All i am looking at USDCAD top to down method, let’s see what USDCAD is showing us. Seeing this clean monthly timeframe , we have to first identify major Support and Resistance zones (like the chart below) : As we have identified our major Support and Resistance , we now have to zoom …
USDCHF So I have been looking at this pair , which I thought to take a position. Bullish Looking at the USDCHF currency pair, I see a probability of an upwards movement. Confluence If Support level/ Zone/Area 0.959076 turns to be strongly respected I will continue to hold my position till it reaches Take Profit …
Stopped Out | GBPUSD Trade Update GBPUSD went upwards and broke the uptrend channel hitting my Stop-loss.Now out of the trade. My Conclusion and Thoughts : So it happens that under the H4 timeframe Support and Resistance Zone/ Level 1.242110 was first tested today morning and then the market broke the level. Leaving me in …
GBPUSD : Bearish Today I Have my eyes on this pair, where I have noticed a uptrend channel. The pair which has been forming perfectly under the H4 and H1 timeframe. Signal Entry : Market Execution Under this circumstances I have went Short on the pair. Parameters being :Sl : 1.24279Tp : 1.22630 Risk To …
Forex Trading has been something that took my attention since the day I started thinking of how to make money online. Not knowing that it will take me more than 2 years till I have not got successful in the Financial Industry. I have seen and experienced the journey without fully following a trading plan, …
I am going to try to follow my trading plan and share with you my Trading Journey . Take A Look At This Video : Just Did a $100 Deposit which i intend to Trade and apply what i can said in the Video, i will also post all of my analysis before and after …
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So here I what I am seeing if the market tends not to break the above trend line I will be happy it would have respected the resistance level so for me, I just placed a pending order mind you while I risk what I afford t lose my R2R being 1:3 So looking at where …