Audchflong
AUDCHF: Weekly Demand Zone 🧠Price has entered the weekly demand zone and slowed down in price luring in buyers.
However, many are not taking note of the incomplete compression within demand.
Because this compression is incomplete, I think we are likely to see a breakout trap followed by completed compression BEFORE we see any signs of buying pressure.
I will set alerts and sit on my hands until this pair is ready.
L et me know what you think in the comments.
AUD/CHF LONG MOMENTUM POSITION ON 4H CANDLEThis is the position based on Edger trading system on 4H time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
ENTRY : 0.69276 STOP LOSS : 0.68650
TAKE PROFIT 25% :0.69432
TAKE PROFIT 50% : 0.69589
TAKE PROFIT 75% : 0.69746
TAKE PROFIT 100% : 0.69902
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Tue 31st May 2022 AUD/CHF Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CHF Buy. Enjoy the day all. Cheers. Jim
AUD-CHF idea! 💡💬
Hi traders.
I use the supply-demand method for my analysis.
I expect the price will reach the yellow box.
💬
What do you think about this setup?
💬
Everything I share is how I trade personally. 😉
Enter the trade by checking yourself.☑️
Do not put more than 3% of your capital at risk! ❌
AUDCHF 'Long' Trade IdeaA 'buy' trade opportunity presented itself on the AUDCHF trading chart, following the bullish pin bar at the end of a bearish run. The pin bar closed above the 0.68214 daily horizontal support level, signalling a rejection of the same level and providing a buying opportunity.
An RR of 7.38 is possible if you enter the trade at the 0.68452 price level, with your stop at 0.68162 (about 29.0 pips) and target at 0.70592 (about 214.0 pips).
Please check with your setup before placing any trade.
Happy trading!
AUDCHF | ENTERED IN SELLERS ZONEAUDCHF has once again approached to the sellers zone where price has been rejected in the past. We are expecting the same as the candlesitcks shows bearish sign.
One can remain in sell on strength untill the price passed the 0.70950 level. Alternatively, breaking above will be enough to enter long.
Thu 5th May 2022 Daily Forex Charts : 5x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 5x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/CHF Buy, AUD/USD Buy, EUR/USD Buy, GBP/CAD Buy & NZD/CAD Buy. Just watch the correlation here when it comes to risk also. I also discuss some trade management from overnight. Enjoy the day all. Cheers. Jim