Looking at possible bad data for NFP-- this looks like it will be a serious short three days from now.
I see a bearish divergence @macd for USD/HKD on weekly chart. Profit Targets: 7.827 7.812 7.997 7.788 Stop Loss: 7.853 Have a nice weekend, Berk
I dont think i need to explain why the next breakout is a good sell Just move the stop in profit. Trade at your own risk!
Fibonacci levels and 100% extension diamond of major wave1 , upward bullish channel is support for any pullbacks, looking at a possible test of lower channel before extending too much higher. watching for short levels at upper channel resistance and buy levels at lower support... currently waiting
China just gave a nice info to traders to help them saving their HKD. This is the basic strategy, only patience is needed to trade this pair. Trade at your own risk!
Sideways movement predicted for USDCNH till the end of 2017. Nothing to see here, move on to another pair. Fundamentals -CNY fixing (Higher swaps -> lesser short interest) (Authority looking to keep yuan stable. Volatile Yuan -> Bad for economy) -Fed Rate Decision (Yuan least affected by fed decision -> see capital flows for direction of currency) -Balance...
audusd --------- audsgd +98 (1M) usdhkd -86 (1W) usdsgd -95 (1D) Correlations provided by: myfxbook.com --------- Not Investment Advice ---------
Hello traders, I am always on the lookout for ranging markets. If we have triple bottoms formation then thats a good way to go long. The risk on buying that support is next to nothing. If that never happens then you could buy on the breakout of resistance straight away and set your target on the next resistance. Trade safe, trade well
Very clear how the Time at mode downtrend signal here predicted the end of the decline in time... Now we have a long signal, and it's likely to return to the 7.79 handle. If you can trade this pair and margin requirements don't kill you, you can go long at market with stops under yesterday's low. If interested in my trading signals, or in personal tuition,...