USDCAD currently at weekly trendline level..and struggling for past two days...
If it falls moves down weekly trendline.then there will be a major fall ...
If it manages to move up then you can go long.
EURCAD moving towards critical support zone..@1.47400-1.47200..
If the support zone didn't stop the fall.then there will be major fall in this pair...after confirmation.
Go short ....
If price goes up then go long above 1.48000
EURAUD CURRENTLY IN ZIGZAG RANGE ..WHAT CAN HAPPEN...???
RED LINE :
IF EURAUD BREAK THE CURRENT RESISTANCE IT CAN MOVE TOWARDS FRESH RESISTANCE AND THEN
GO SHORT @ 1.64550 WITH STOP LOSS @ 1.64800
TAKE PROFIT @ 1.63750
GREEN LINE :
IF IT FAIL TO BREAK THE RESISTANCE THEN IT WILL MOVE TOWARDS SUPPORT ZONE AND THEN
GO LONG @ 1.62350...
EURCAD MOVING TOWARDS RESISTANCE WHAT CAN HAPPEN.....????
RED LINE :
IF VOLUME IS HIGH THEN IT WILL BREAK THE RESISTANCE AND NOW WAIT FOR RETEST AND THEN..
GO LONG @ 1.55600 WITH STOP LOSS @ 1.55270
TAKE PROFIT @ 11.56600
GREEN LINE :
IF VOLUME IS LESS AND FAIL TO BREAK THE RESISTANCE THEN
GO SHORT @ 1.55550 WITH STOP LOSS @...
GBPJPY CURRENTLY BATTLING WITH MAJOR RESISTANCE WHAT CAN HAPPEN IN FUTURE...????
IF THE VOLUME OF THE CANDLES ARE LOW THEN IT WILL FAIL TO BREAK THE RESISTANCE AND TURN AROUND @ 141.300 - @141.400
GO SHORT @ 141.300 WITH STOP LOSS @ 141.550
TAKE PROFIT 1 @ 140.800
TAKE PROFIT 2 @ 140.300
IF IT BREAKS THE TRENDLINE...
EURNZD CURRENTLY IN MIDDLE WHAT WILL HAPPEN I FUTURE????
IF THE VOLUME OR SPEED OF THE CANDLE IS HIGH IT CAN REACH THE MAJOR RESISTANCE @1.74900 - 1.75100
GO SHORT @ 1.74900 WITH STOP LOSS @1.175300
TAKE PROFIT @ 1.172800
IF THE VOLUME IS LOW IT CAN'T BREAK THE RESISTANCE AND TENDS TO MOVE DOWNWARDS @1.71500 - @1.71400
EURNZD MOVING TOWARDS RESISTANCE ...WHAT WE CAN EXPECT????
IF MOMENTUM IS LESS THEN AFTER PRICE CONFIRMATION
YOU CAN GO SHORT AROUND @1.72700
TAKE PROFIT @ 1.70250
IF MONTUM IS HIGH THEN IT WILL BREAK THE PREVIOUS RESISTANCE AND NOW IT HAS SUPPORT
AFTER PRICE CONFIRMATION YOU CAN GO LONG @1.72800
TAKE PROFIT @1.75000
GBPUSD CURRENTLY THE PRICE MOVING TOWARDS MAJOR RESISTANCE..
WHAT WE CAN EXPECT???
IF THE MOMENTUM IS LESS THEN GBPUSD CAN TAKE U-TURN AROUND 1.33300
WAIT FOR PRICE CONFIRMATION AND CAN GO SHORT....
TAKE PROFIT @ 1.31700
IF THE MOMENTUM IS HIGH IT CAN BREAK THE RESISTANCE AND NOW IT WILL ACT AS SUPPORT
WAIT FOR PRICE...
TOP THREE QUALITIES FOR SUCCESSFUL TRADER
EVERY TRADER WANT TO KNOW THIS STRATEGY
From the above Three Qualities the top most according to me is "PATIENCE"
which nobody can taught you . i am damn sure each and every trader
must learn this through experience
From the beginning i studied price action,working of indicators .I...
EURCAD Currently in Resistance Zone ..What we can expect.....
Price break the resistance level and move downwards for correction and NOW resistance zone act as
Support Zone then GO LONG @ 1.55150
Take Profit @ 1.56280
Price fails to break resistance and return to Support Zone and then it make a move towards resistance ...
GBPUSD price now in resistacne zone what we can except...
Price can Make a little correction moves downwards upto 1.31200 and then it can move upwards
Wait for Price Confirmation @ 1.31200 and then GO LONG...
Take Profit @ 1.32600
Price move to new support level Where it will meet upwards trendline @ 1.29950 - 1.300000
EURUSD Currently the price is in resistance and for correction it will
move downwards to support @1.17900 - 1.17950 ...wait for price confirmation and GO LONG..
Take profit 1 @ 1.18800
Take profit 2 @ 1.19450
it can go downwards upto @ 1.17250 and GO LONG ..
Take profit @ 1.18050.
GBPAUD now in middle and moving towards resistance where it will meet downward trendline @1.81250- 1.81300
if the velocity is less it will move downwards .wait for retest and then GO SHORT....
it will move to mini support ..... @ 1.81000
if the velocity is more it can break trendline and move upwards and resistance will become support .wait for retest and then GO...