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EURUSD LONG entry point FRIDAYGold is not giving any proper merk, waiting for clear move on it. I am focused on for that dollar is not showing any action. Key level to bye 1642, 1636 with 20pips SL only on confirmaton on small timeframe. TP is 1656-64. This analysis is on EURUSD, yesterday's decision made euro come down, and it is still in strong downtrend, but I want one confirmation for that eurusd should move up, you can catch this trade now or on second entry. SUPPORT, COMMENT, LIKE AND SHARE @protradingpoint SEARCH ON GOOGLE protradingpoint SUPPORT ON O T H E R S O C I A L M E D I A Pro Trading Point Wishes You A Great And Very Amazing Trading Life. Trade Safe, Trade Right. RISK WARNING 🔴 🔴 🔴 There is high risk of loss in Trading Forex, Crypto, Indices, CFDs, Features and Stocks. Choose your trade wisely and confidently, please see if such trading is appropriate for you or not. Past performance is not indicative of future results. Highly recommended - Information provided by Pro Trading Point are for Educational purpose only. Do your investment according to your own risk. Any type of loss is not our responsibility. HAPPY TRADING.
Long
by ProTradingPoint
GBP/USD FX:GBPUSD Hi Everyone Sorry for absence for so long. Actually i was busy in forex trading and working on something so it took some time in doing experimenting. But will make some time on daily basis and try to help you as much as i can with my charts. This is an chart of British pound/ US Dollar. As you can see GBP/USD is falling for sometime now or you can say its almost an complete year. I will say this has complete its wave 1 and currently price is in wave 2. So you can expect some range bound in it or bounce back in form of correction for 2...3 months. It will form an ABC structure as per our Long Term Degree and currently we are in wave-LC1. Lets see what happen. See the below chart to understand how our degree cycles work.
Long
by Neowave-forecast
#EUR/#USD Trading Plan 25-26 Jan 2022In this chart of EUR/USD I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone". If EUR/USD's price crosses the top-most price level, we will be looking for long opportunities and if EUR/USD's price crosses the bottom-most price level, we will be looking for short opportunities. Entry criteria: Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level. Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level. Stop Loss criteria: Risk: 2% of capital of per trade. Bullish case: Just below the second price level from the top. Bearish case: Just above the second price level from the bottom. Take profit criteria: I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case). I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable. Please note the given zones are valid only until the end of the day. Any open positions must be closed by 03:25 AM IST which is around when the day is about to end in the forex markets. Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset. P.S. today I am biased towards the downside!
Short
by abhineetramjiwal
EUR/USD Trading Plan for 21-22 Jan 2022In this chart of EUR/USD I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone". If EUR/USD's price crosses the top-most price level, we will be looking for long opportunities and if EUR/USD's price crosses the bottom-most price level, we will be looking for short opportunities. Entry criteria: Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level. Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level. Stop Loss criteria: Risk: 2% of capital of per trade. Bullish case: Just below the second price level from the top. Bearish case: Just above the second price level from the bottom. Take profit criteria: I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case). I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable. Please note the given zones are valid only until the end of the day. Any open positions must be closed by 03:25 AM IST which is around when the day is about to end in the forex markets. Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset. P.S. today we're biased towards the upside but we believe in trading the price and not expecations.
by abhineetramjiwal
EUR/USD Trading Plan for 20-21 Jan 2022In this chart of EUR/USD I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone". If EUR/USD's price crosses the top-most price level, we will be looking for long opportunities and if EUR/USD's price crosses the bottom-most price level, we will be looking for short opportunities. Entry criteria: Bullish case: Enter as soon as a 5-minute candle CLOSES above the top-most price level. Bearish case: Enter as soon as a 5-minute candle CLOSES below the bottom-most price level. Stop Loss criteria: Risk: 2% of capital of per trade. Bullish case: Just below the second price level from the top. Bearish case: Just above the second price level from the bottom. Take profit criteria: I personally follow a system wherein I do nothing until 1:1 RR is achieved. But post 1:1 RR is achieved, I adjust stop loss to cost. I then exit 1/3rd of entered quantity based on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . I exit 1/3rd of entered quantity at fixed take-profit level of 1:3 RR. And I exit the final 1/3rd of entered quantity based on a system of setting stop losses that are dynamically adjusted to the nearest retracement after a Day High Breakout (in bullish case) or Day Low Breakout (in bearish case). I have also experimented with systems wherein you can set take-profit at a fixed level of 1:3 RR or alternatively after 1:1 is achieved book full quantity vased on 5 minute candle close below ( bullish case) or above ( bearish case) 15 EMA . Both of these alternative systems have also been profitable. Please note the given zones are valid only until the end of the day. Any open positions must be closed by 03:25 AM IST which is around when the day is about to end in the forex markets. Also please note: according to the rules of my system, I don't take more than 3 trades per day on any asset. Today we have already witnessed one trade - the stop loss of which was triggered a few minutes back. P.S. today we're biased towards the upside but we believe in trading the price and not expecations.
Long
by abhineetramjiwal
GOLD NEXT MOVE - ( I am from Ivision Forex Education Academy)Hi, Now gold is ready to take a correction as gold is in overbought condition and also there is fierce resistance located at 1788-1792 and after that 1788-1802. chart study suggest gold is not in clear direction so far, however many indicators suggests gold down side move. weekly common doji's leg is still intact. However, today we can expect a correction as well as to test its support located at 1772 & 1758. Trading tips, Sell Gold @ 1786 TP1 1781 TP2 1777 TP3 1772 TP4 1762 Sl @ 1802 Feel free to contact me. I am from (Ivision forex education academy Platform)
FX:XAUUSDShort
by AnupZiddi
3
GOLD NEXT MOVE- ( Live forex education Academy)Chart Analysis- 15 Minute time frame- Hammer pattern from 1762 1 Hour time frame- Bullish engulfing pattern 4 Hour time frame- Hammer pattern weekly time frame- Bullish pattern which is well above previous week's common doji upper wick. and also gold is ready to close above previous week common doji Leg. which suggests the bullish pattern is already set to break 1838,1862 level. till now trend line of 15 minutes is in continuation and the same has not been broken. However we can expect the trend may be broken today as @108-1812, there is a fierce resistance for gold to be break. Commodity channel index showing overbought condition Also the signal line crossed MACD line, which is showing some selling opportunities if gold breaks 15 chart trendline. Trading tips: 1. wait for acceptance of 1818 for taking buy or 2. take a short sell. (which is very much risky) Sell Gold @ 1809-1810 TP @ 1805 TP@ 1800 TP@ 1792 SL- 1728 ***Always close half lot and move SL to entry point after TP1 or move SL to entry point after 30 PIPS in favour. Any query join our Live forex education academy.
FX:XAUUSD
by AnupZiddi
smc trade idea for eurusd forex pairsmc trade idea for eurusd forex pair. starting with Blue grey candles we look for H1 Market structure, and the Supply/Demands created as price breaks newly formed swings. when price comes back to the POIs, look for Clean LTF confirmation: Moving from M5 to M3 to M1, look for Recent Low/High Breaks, snd flips, ChoCh ( everything in an impulsive manner, showing momentum and intent, cuz if corrective trend shifts occur they mean that price went to mitigate some POI and would continue in the same direction without any reversal, so wait for MOMENTUM+INDUCEMENT)
by pdsupa
Strategy for Binary options 5-15 minutes My methodHello friends . I want to tell you in more detail about how the strategy works and what principle I work on . The trading system consists of three indicators, in the screenshot I marked the indicators with the numbers 1.2.3. Indicators help to see the moment of the price reversal and, therefore, the moment when it is best to open a position and, consequently, close it . I have been using this system for a long time to work on Binary options, the results are quite satisfactory to me . And so I want to tell you in more detail about the principle of operation of the trading system. Learn more about each indicator : 1. . Binary Options Pro Trade 1 The indicator shows the moment of overbought and oversold in the market as you can see in the screenshot, the signal is when the indicator forms red rays at the upper or lower border, thereby showing that the price will change its direction of movement in a short time or coordinate. 2. . Binary Options Pro Trade 2 The indicator is based on the stochastic oscillator and also helps to filter out false signals 3. Pro Trade 3 binary options are also an auxiliary tool and very well show the strength of the price and the moment when these forces end. How it works; if you look at the screenshot, you will see green and red stripes, a signal to enter a trade (opening a position, for example, to buy) is when the red stripes went beyond the lower red zone, and then began to lose their strength, become shorter and return back to the middle yellow zone, changing their color to green. accordingly, the reverse situation will be a signal to sell. The main thing to understand is that for a reliable signal, you need to wait for the conditions on the indicators marked in the screenshot with the numbers 1, 2 and 3, the timeframe that I recommend using for binary options is 5-15 minutes. The strategy can also be used on forex to work inside the day on the principle of scalping.
by Andreev_Mikhail