GBPAUD - we can see this pair has been respecting this bullish 4hr trend line for some time now. Although, previously we can see that price has tried to break through. We anticipate we should see price come back through this trend line next week, then get the pull back to around the area marked out and then we will look to get into a sell position and ride this...
BUY CLOSED! SELLS NOW VALID
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so...
NYSE:IBM The American technology giant publishes its quarterly earnings report with a very optimistic forecast.
The report will be published after the market closes.
Earlier this month the company announced that it is splitting itself into two separate public companies, a move that could attract new investors due to the result expected - a cut in the share...
GBPUSD H4- Market currently in a downtrend & is trending below the 50EMA.
Reason For Entry-
(Fundamental Analysis)- The Pound (£) Markets are EXTREMELY volatile right now traders following comments from British Cabinet Minister Michael Gove saying that he made clear that the UK would not withdraw the Internal Markets Bill. This comment effected the GBPUSD as it...
USDJPY has recently crossed the 50EMA meaning the start of a new trend on the 4HR Chart. This with the Federal Reserve’s policy announcement on Thursday provoked a violent reaction as the dollar snapped lower then recovered but the prospect of an ever lengthening term at the zero rate boundary drove the USD/JPY to its weakest close in a month on...
Happy Sunday Traders
Price is currently at the Monthly Resistance Zone (Brown Area). During the week, this pair pushed up due to the Pound strength. BUT, the Pound could suffer a setback at the beginning of the week, amid news indicating that UK’s Finance Minister is considering a set of tax increases to compensate for coronavirus pandemic extraordinary...
GBPUSD H4- Price is operating in an area that I call the Monthly Resistance Zone.
Reason For Entry-
Fundamentals- With the DXY Dollar Index braking a multi-year low and then rising, it looked like a good time to sell GBPUSD.
Double Top formed, overbought RSI (72.40) followed by Engulfing Candle indication on potential new trend going down
SL- 76 PIPS🛑
Good Afternoon Traders👨🏿💻
AUDCAD Live Trade Update
I believe as a trader, its very important that I show transparency with my trading especially to new traders as we can get caught up on thinking that losing isn't part of this long term game.
I've been on a 15 trade win streak for the past 2 weeks until I took this opportunity yesterday at 10AM.
Money flows away from the Yen...
Bounce from the Key level.
Be sensible and don't hold it forever...
Stay safe - Wear a mask.
Arrow for directional purposes only
Like - Comment - FOLLOW. = We love all that stuff.
- Dont be silly with your position size. - Be ready to add positions if you need to -
Like, comment, follow, DONATE?! - All that good stuff will really make me happy.