Forexeducation
EURUSD H1 Bearish rectangleBearish rectangle
The bearish rectangle is a continuation pattern that occurs when a price pauses during a strong downtrend and temporarily bounces between two parallel levels before the trend continues. In this lesson, we will show you how to identify the bearish rectangle and use it as a possible selling opportunity....
Our EURAUD Forecast is Bullish/Buy!Dear traders,
Here is your EURAUD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the AUD stands at “0”, meaning that the EUR is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at white line labeled "Buy limit 1" (with a 1% risk position size)
Our 2nd BUY Limit is placed at white line labeled "Buy limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; H4
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AUDJPY Bull's eye Short/Sell!Dear traders,
Here is your AUDJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the JPY stands at “7”, and the AUD stands at “0”, meaning that the JPY is stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
All informations is provided in the video.
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GBP/AUD Signal - AUD Ellis Speech - 26 Aug 2021GBPAUD has traded into support during a bull market prior to RBA Ellis' speech. Ellis is the assistant Governor of the RBA. Technically the pair has traded into support, and the RSI is giving bullish divergence. We anticipate upside into the 1.9120 level!
Our EURGBP Forecast is Bullish/Buy!Dear traders,
Here is your EURGBP Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the GBP stands at “3”, meaning that the EUR is slightly stronger than the GBP, thus only looking for BULLISH /BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our 2nd BUY Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; H4
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Our NZDUSD Forecast is Bearish/Sell!Dear traders,
Here is your NZDUSD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “6”, and the NZD stands at “1”, meaning that the USD is stronger than the NZD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our 2nd SELL Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; H4
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Our USDCAD Forecast is Bullish/Buy from this level!Dear traders,
Here is your USDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “6”, and the CAD stands at “2”, meaning that the USD is stronger than the CAD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
All other information is provided in the video.
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USDCAD Taps into first Serious Resistance Zone; Expect Pullback!Although we are ultimately super bullish on USDCAD, and believe USDCAD will reach monthly extreme highs at some point in the long term/year future, the pair has now tapped into a serious weekly resistance zone. The zone's upper bound is about 60 pips higher from current price, so there is still some little room to the upside the the pair can get into.
For those looking for shorts; 1.3000 price (found with the zone) is a good area to open shorts, with stops slightly higher the upper bound of zone.
From our side, we will sit the expected pullback out, and wait for a renewed bullish leg.
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Our USDCHF Forecast is Bullish/Buy!Dear traders,
Here is your USDCHF Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “6”, and the CHF stands at “5”, meaning that the USD is slightly stronger than the CHF, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at white line labeled "Buy limit 1" (with a 1% risk position size)
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; H4
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Our CADJPY Forecast is Bearish/Sell! Catch H&S Reversal PlayDear traders,
Here is your CADJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “2”, and the JPY stands at “7”, meaning that the JPY is stronger than the CAD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our 2nd SELL Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; Daily
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Our GBPJPY Forecast is Bearish/Sell!Dear traders,
Here is your GBPJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “4”, and the JPY stands at “6”, meaning that the JPY is stronger than the GBP, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; H4
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XAU/USD GOLD BUY - Risk Management OANDA:XAUUSD
1. There was clean clean candles to the left
2. was waiting for a candle close above the resistance in 30m TF as its a strong confirmation
3. took a buy when the new 30m candle broke the high of the previous 30m candle.
4. but price moved down and closed 50% when the 5m candle closed bearish and full position as price continues retacing.
5. Looking back at the chart, the 1hr did not close above the resistance.
Our GBPUSD Forecast is Bearish/Sell!Dear traders,
Here is your GBPUSD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “5”, and the USD stands at “6”, meaning that the USD is stronger than the GBP, thus only looking for BEARISH /SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our 2nd SELL Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at white line labeled "TP 2"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; H4
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USDCAD Forecast is Bullish/Buy!Dear traders,
Here is your USDCAD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “3”, and the USD stands at “7”, meaning that the USD is stronger than the CAD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our final Take profit is placed at white line labeled "TP 1"
Our Stop Loss is placed at red line labeled "Stop Loss"
Chart Timeframe; H4
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