AUD (Australian Dollar)
AUDCAD | resistance | Dayhaving a strong resistance at 0.95835(yellow line) + overbought condition ---> confirm a trend change
go short ...
AUDJPY: BUY ABOVE 83, Stoploss 82.50 Target 84.20AUDJPY is likely to breakout sooner than later. Buy ONLY ABOVE 83 with Target of 84.20 and Stop-loss of 82.50
SELL EURAUD FOR WEEKLEY INCOME TRADER.-
ALERT SIGNAL FOR POSITIONAL
TRADE ALERT SIGNAL
DATE -14/10/2018
SELL ENTRY 1 - 1.63007
SELL ENTRY 2 - 1.63534
STOPLOSS- 1.64121
TARGET 1 - 1.62456
TARGET 2 - 1.61888
Hit like, comment and follow for more profitable Trades.
Happy trading.
THANK YOU
HOW WEEKLEY WIT SIGNAL IS VALID
FOR DAILY INCOME TRADER(DIT)
1,IT IS VALID UPTO 24 HOURS,ONCE IT HITS THE ENTRY
2,ONCE PAIR CROSSED 10 PIPS,MOVE YOUR TRAILING STOPLOSS TO 2 BREAKEVEN OR ENTRY
3, WAIT FOR TARGET OR EXIT AT YOUR OWN COMFORT
MONEY MANAGEMENT RULES
Let’s say, If you have 1000 USD trading balance, you can use Maximum 0.10 lot (0.02+0.03+0.05 = 0.10 lot is the addition of all your open trade lot sizes).
0.10 lot should be your maximum open lot on your 1000$ trading account.
10,000 USD balance = 1 lot maximum (Example : 0.25 lot x 4 orders = 1 lot)
50,000 USD balance = 5 lot maximum (Example : 1 lot x 5 orders = 5 lot)
If you are more emotional(tension, sad, greedy) while trading, You can change your leverage below 1:50 to control your emotions.
*SUBJECTED TO MARKET RISK
Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena.
Personally, I like to use a system that has the highest reward to risk, which means that I tend to look for turning points at support and resistance levels because these are the points where it is easiest to identify and quantify the risk. Support is not always strong enough to stop a falling market, nor is resistance always strong enough to turn back an advance in prices. However, a system can be built around the concept of support and resistance to give a trader the edge required to be profitable.
THANK YOU
TEAM FXSIGNAL]
GBPAUD- LONG- Any pull back upto 1.793 is a buying opportunityGBPAUD- LONG- Any pull back upto 1.793 is a buying opportunity
A second Chance to Sell in GBPAUD...Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 1.7650 would begin in Midterm.
We will close our open trades, if the Midterm level 1.7650 is broken.
New trading suggestion:
Price may also reach 1.7650, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion depends on personal strategies.
If you missed our first HUNT, you have a second chance to sell below the suggested resistance line (1.7650).
Entry signal:
Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons :
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A peak is formed in daily chart at 1.7655 on 08/14/2018, so more losses to support(s) 1.7365, 1.7065, 1.6860 and more depths is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 38.
Take Profits:
TP1 = @1.7995
TP2 = @1.7650
TP3 = @1.7365
TP4 = @1.7065
TP5 = @1.6860
TP6 = @1.6550
TP7 = @1.6160
TP8 = @1.5790
TP9 = @1.4375
TP10 = Free
Trade Setup:
We opened 10 SELL trade(s) @ 1.8170 (day close price) based on 'Peak' at 2018.04.27 signaled by our "Daily Trading Opportunity".
Total Profit: 6736 pip
Closed trade(s): 1500 pip Profit
Open trade(s): 5236 pip Profit
Closed Profit:
TP1 @ 1.7995 touched at 2018.05.04 with 175 pip Profit.
TP2 @ 1.7650 touched at 2018.05.23 with 520 pip Profit.
TP3 @ 1.7365 touched at 2018.08.08 with 805 pip Profit.
175 + 520 + 805 = 1500 pip
Open Profit:
Profit for one trade is 1.8170(open price) - 1.7422(current price) = 748 pip
7 trade(s) still open, therefore total profit for open trade(s) is 748 x 7 = 5236 pip
A trading opportunity to buy in EURAUDMidterm forecast:
While the price is below the resistance 1.6190, resumption of downtrend is expected.
We make sure when the support at 1.5275 breaks.
If the resistance at 1.6190 is broken, the short-term forecast -resumption of downtrend- will be invalid.
Trading suggestion:
There is a possibility of temporary retracement to suggested resistance zone (1.5825 to 1.5890). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.5890)
Ending of entry zone (1.5825)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Technical analysis:
The RSI support #1 at 49 is broken, so the probability of resumption of downtrend is increased.
While the RSI downtrend #2 is not broken, bearish wave in price would continue.
A peak is formed in daily chart at 1.5880 on 07/12/2018, so more losses to support(s) 1.5605, 1.5530, 1.5425 and minimum to Major Support (1.5275) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 41.
Take Profits:
TP1 = @1.5605
Tp2 = @1.5530
TP3 = @1.5425
TP4 = @1.5275
TP5 = @1.5075
TP6 = @1.4910
TP7 = @1.4605
TP8 = @1.4445
TP9 = @1.4040
TP10 = @1.3675
TP11 = @1.2225
TP12 = @1.1600
TP13 = Free
Trade Setup:
We opened 12 BUY trade(s) @ 6118.08 based on 'Hammer' entry method at 2018.08.14.
Total Profit: 462720 pip
Closed trade(s): 0 pip Profit
Open trade(s): 462720 pip Profit
Closed Profit:
TP1 @ 6415.00 touched at 2018.07.16 with 13965 pip Profit.
TP2 @ 6974.35 touched at 2018.07.17 with 69900 pip Profit.
TP3 @ 7682.60 touched at 2018.07.23 with 140725 pip Profit.
13965 + 69900 + 140725 = 224590 pip
Open Profit:
Profit for one trade is 6503.68(current price) - 6118.08(open price) = 38560 pip
12 trade(s) still open, therefore total profit for open trade(s) is 38560 x 12 = 462720 pip
The same way as last timeIf YPP (P) 1.08720 functions as a support line, think long.
The first limit is WePP (R1) 1.09559
The second limit is 1.10000
I would be grateful if you like it idea,give me follow or agrees!
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Is YPP (P) still reliable?If it judges that YPP (P) functions as support, it will be long.
The first limit is WePP (P)
The second limit is near the most high value of 1.09800
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Bearish on AUDJPYAUDJPY Seems to be giving multiple bearish signals with the price action ahead. I'd prefer to go short along these levels.
i want to join it again on its original TTF . i make my entry little bit low because i want nice RR .
A great opportunity to sell in GBPAUD . catch it..Midterm forecast:
While the price is below the resistance 1.8660, beginning of downtrend is expected.
We make sure when the support at 1.7995 breaks.
If the resistance at 1.8660 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Price may also reach 1.7995, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
Technical analysis:
A peak is formed in daily chart at 1.8475 on 04/26/2018, so more losses to support(s) 1.7995, 1.7650, 1.7365 and more depths is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 47.
Trading suggestion:
*There is possibility of temporary retracement to suggested Sell Zone (1.8180 to 1.8510), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (1.8180)
Ending of entry zone (1.8510)
Entry signal:
Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting Star" or "Peak" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.7995
TP2= @ 1.7650
TP3= @ 1.7365
TP4= @ 1.7065
TP5= @ 1.6860
TP6= @ 1.6550
TP7= @ 1.6160
TP8= @ 1.5790
TP9= @ 1.4375
TP10= Free
AUDCAD: RISK Sell@0.99572 SL@0.99862 T1@0.99246 T2@0.98964AUDCAD is in a trading triangle which is unable to break the higher end of triangle since past few days. opening a SHORT opportunity in AUDCAD.
SELL AUDCAD @ 0.99572 with SL@0.99862 and T1@0.99246, T2@0.98964
This is a RISK Trade and should only be taken after consulting your financial advisor.
Upmove to 1.2900 is evident on #GBPUSD near termWatching for GBPUSD to settle above 1.2400. Next the pair will test 1.2688 level near term and then break above that toward 1.2900 - 1.3000
Sorry guys for being away for 4 months as I was working on my new book release "Trade Forex with Confidence". Thanks for your patience and support.
amzn.to
NZDUSD - Bullish Divergence As indicated on CCI a bullish divergence is seen on NZDUSD pair on the daily chart. We can buy this as per the indicated limits.
