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Still on Downtrend!! Eur/Usd Idea!Hello traders! On my last idea the price respect my analysis and now i come with part 2. We still have down trend because we have LL on the last movement, for now I am not thinking to buy because we have a good pressure for sell. Im thinking that the price will go to 1.01 because a lot of people will think to buy, and after that correction the price to go on the last support from 2002 to make another LL. Now the price is in flat, till the price is now breakout the LL or HL i will just wait. This is just an idea of what i think and how i see the graphs. Have a great week trade! Salut!
Short
by BogdanUng
2
We are looking at history on GU!Hello traders! Such a nice down trend on D1 on Gbp/Usd. I was looking on the graph and saw some important things if you are thinking to buy or sell. The down move that we see right now could end on the biggest support from the past 40 years (1.14), i measure the last down move and the exact amount of pips will be on this important support. Are you thinking to buy? well we can see another 100 pips or maybe more on the down trend + we down have too many factors that show us to buy, only the mindset that the price is too low (this is not a good argument). Are you thinking to sell? the move is almost finish and what we learn all the time, we sell high and buy low, think again if you want to sell. This idea is just what i think the price can do, make your own decisions! Have a great week trade and Salut!
by BogdanUng
Not for trade! USD/CAD....3 things before you do somethingHello traders! If you think to trade USD/CAD, take in consideration these 3 things: 1. We have a double Bottom on graph (soon a triple) = Buy; in the same time we have a H&S that is almost confirmed for Sell... nothing clear 2. On W1 the price rise a lot and now we are looking for short, on D1 the price fall a lot and we are looking for long.... still nothing clear 3. SL will be really big in this position (for sell above the last high, for buy below the last low), the risk/reward can be 1:1 max 1:2. Leave on comments your oppinion. Have a great day!
by BogdanUng
XAU/USD Buy Scenario! 4 Things to think before tradeHello traders! There are 4 things to think of before I take this trade: 1. If the price rise we will have a flat trend on D1, on H4 we have a formed up trend till now. 2. The price breakout the near suport and we wait for a bullish candle to confirm the up move 3. Not a really good trade because the price make already a half of the movement 4. The price could go down when will meet the previous High point (the big trend is more important), but still the new trend is at the beggining. SL will be almost 1836 points (1%) Tp will be almost 7404 point (3.9%) The risk/reward is almost 1:4, I think we can try thin one. Leave a comment with your oppinion! Enjoy it!
OANDA:XAUUSDLong
by BogdanUng