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Pound Dollar Long trade presented. Morning Traders Here we have a GBPUSD traded on the 30M chart. I trade this pair with a 2:1 risk reward strategy. Risking 2% a trade. As you will see from back test data this pair has been very kind to me this year. Those stats are year too date! A buy signal as just presented on the script I am using and I have entered the trade working to those stop loss and take profit parameters. For more information on the script I am using please message me.
Long
by RichScott
Counter-Trend Scalp of GBPUSD First I strongly recommend you to look at my last idea which I relate it in here in order not to take the wrong path. 1. We're now at bottom of channel. 2. We have 2 AB=CD moves. ( pink and blue lines ) 3. We need a retracement after this sharp dump. But remember ! It's just a retracement. So if you wanna go long just scalp and put your stop some pips below the last LL. I expect e minor bounce up from here to the middle or upper line of channel. If it goes up it's just a ret and the total trend is DOWN. So be careful with your longs and manage FX:GBPUSD them well. Be safe.
Long
by bnirfi
EURUSD AT DECISIVE SUPPORTEURUSD AT A DECISIVE SUPPORT EURUSD started creating a swing lower lows from failing to break a resistance point at 1.21776 price level. This gave about 3 swing lower lows and bounce back from a support price level at 1.20786. This had a bullish trend towards 1.21664 price level and fell back towards a decisive price zone. If it doesn't break it's previous downtrend at 1.20955 and we see and upward movement above 1.21168 open a short buy towards the Daily resistance. Further movement in a bullish movement would be towards it previous high 1.21664, although price would react at for a short move at 1.21555, if no breakout, price would continue it's upward movement. For More Information Contact RSTradeView via Facebook
by Richie-Structuretradeview
US Dollar Index. Expected to move upYo traders, Been a long time since i have posted trades. Here is a one which i rarely trade but looks good for a setup. US dollar has been very weak for a long time now and is expected to be weak going forward for the next few months with the printing of money taking place. But looks like to fall down further there might be a pull back. If you look at the charts the the price has approached and rejecting the weekly support. RSI has also given a divergence on the daily TF giving a multiple confluence for a movement upward. I will wait for a bullish close on the daily and look at 4HR chart on the daily before taking entries. with Bullish indication on US index affects all USD pairs. Trade accordingly. Please like comment and share for support thanks Madtradex
FX:USDOLLARLong
by Madtradex