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AUDNZD Forecast - is Bearish/Sell!Dear traders, Here is your AUDNZD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD 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 Liimit is placed at 1.0728 (with a 1% risk position size) Our 2nd BUY Liimit is placed at 1.0762 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.0488 Our Stop Loss is placed at 1.0803 This is a 200 PIPS trade - Risk Reward 1:5 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz
2
EURGBP Forecast - is Bearish/Sell!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 “6”, meaning that the GBP is stronger than the EUR, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Sell Liimit is placed at 0.8646 (with a 1% risk position size) Our 2nd Sell Liimit is placed at 0.8670 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 10.8484 Our Stop Loss is placed at 0.8687 This is a 175 PIPS trade - Risk Reward 1:12 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz
1
USDCAD Forecast - is Bearish/Sell!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 “7”, and the USD stands at “2”, meaning that the CAD is stronger than the USD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Sell Liimit is placed at 1.2143 (with a 1% risk position size) Our final Take profit is placed at 1.1860 Our Stop Loss is placed at 1.2202 This is a 270 PIPS trade - Risk Reward 1:4.5 Chart Timeframe; H8 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz
1
why do we wait for a break of a zone? why do we always wait for price to break zones before placing our trades? because we know that we have multiple levels of buy and sell pressure in that zone so we have to wait for buyers or sellers to win in order to give us the direction of that currency. so if price breaks our weekly zone to the downside we can say that sellers have the power and then we can look for trades to our next zones of buy pressure. in the zones there will be lots of buy and sell limit orders as its a historical level, we don't want to place our trades in that area as normal market movements will more than likely stop us out so we like to put the odds in our favour and wait for the break and price action confirmation before placing our trades.
by Trade_Rocket_Investments
AUDUSD FOCUS - is Bullish/Buy!Dear traders, Here is your AUDUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “2”, and the USD stands at “1”, meaning that the AUD is stronger than the USD, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Buy Liimit is placed at 0.7747 (with a 1% risk position size) Our 2nd Buy Liimit is placed at 0.7727 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 0.7872 Our Stop Loss is placed at 0.7697 This is a 120 PIPS trade - Risk Reward 1:4 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
AUDCAD FOCUS - is Bearish/Sell!Dear traders, Here is your AUDCAD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “2”, and the CAD stands at “7”, meaning that the CAD is stronger than the AUD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Sell Liimit is placed at 0.9369 (with a 1% risk position size) Our 2nd Sell Liimit is placed at 0.9386 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 0.9255 Our Stop Loss is placed at 0.9397 This is a 100 PIPS trade - Risk Reward 1:10 Chart Timeframe; H2 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz
GBPNZD FOCUS - is Bullish/Buy!Dear traders, Here is your GBPNZD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the NZD stands at “3”, meaning that the GBP is stronger than the NZD, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Buy Liimit is placed at 1.9551 (with a 1% risk position size) Our 2nd Buy Liimit is placed at 1.9494 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.9964 Our Stop Loss is placed at 1.9452 This is a 400 PIPS trade - Risk Reward 1:10 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
GBPUSD FOCUS - is Bullish/Buy!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 “6”, and the USD stands at “1”, meaning that the GBP is stronger than the USD, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Buy Liimit is placed at 1.4093 (with a 1% risk position size) Our 2nd Buy Liimit is placed at 1.4056 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.4360 Our Stop Loss is placed at 1.4031 This is a 270 PIPS trade - Risk Reward 1:10 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
EURCAD FOCUS - is Bearish/Sell!Dear traders, Here is your EURCAD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the CAD stands at “7”, meaning that the CAD is stronger than the EUR, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Sell Liimit is placed at 1.4957 (with a 1% risk position size) Our 2nd Sell Liimit is placed at 1.5060 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.4432 Our Stop Loss is placed at 1.5127 This is a 500 PIPS trade - Risk Reward 1:9 Chart Timeframe; H8 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz
Good pound positionsHello guys As you can see it has reached a minor resistance to which it is apparently reacting But we have to wait to see if it breaks the resistance and stabilizes above it, or if it wants to return to support, and we can also look at the dollar index. If the resistance is broken and it is proven above it, a good position can be taken with its pullback, and also if the support returns, a good position can be obtained. Overall, the pound is up because the market is lower than in previous data.
by Therezavni