ADDED LIMIT, let's SEE IF PRICE GOES TO TRIGGER IT
what I am looking for is for a sell move, I believe that the price should go down before it goes above the 1600 level. entry point 618 level of the mini-trend. I'll take entry with good rejection confirmations. Tomorrow is NFP we can expect it to fall but let's see what will happen. Goodluck
Hey. The chart above provides the perfect reasoning as to why purely looking at price action around market sensitive data points can be your undoing. On Friday we had the NFP number - this was a big beat. However, GBPUSD didn't really move to the downside all that much. This likely led to many getting long, lulled into a false sense of security going into the...
FOREXCOM:XAUUSD So i guess finally we can expect a long move for this week even rejected by the previous support area again and again and as we can see a bullish candle i am expecting it for buy but lets see anyway , Goodluck guys !
Daily candlestick failed to break and close above previous 3-months high. Daily bullish candle close around 97.5 price area may lead the price to go low around 96.75 price area and previous daily low during NFP later this night. Analysis solely based on technical, no fundamental involved.
Most retail traders jump in the market at exactly the wrong moments. Here is our reasoning on why NFP should be avoided.