DAX Good potential for nice ProfitFor me is Good setup for Buy.
It's look like more buy orders on the bottom
Smart Money works
After open London I will take decision.
Funded
USDJPY Forecast for the WeekThe USD/JPY pair is experiencing volatility this week, driven by economic indicators and central bank sentiments. Initially pressured by lower-than-expected April inflation data, the US dollar saw potential for Fed policy easing, though Fed representatives have remained cautious. Weak preliminary Japanese GDP figures further contributed to uncertainty, potentially delaying Bank of Japan interest rate hikes. Technically, the pair is within a long-term ascending channel, with resistance at 156.25 and support at 153.12. Technical indicators suggest an uptrend continuation, but traders are closely monitoring central bank actions and key levels for further direction.
Resistance levels: 156.25, 159.37, 162.50.
Support levels: 153.12, 150.00.
Long positions can be opened above the 156.25 mark with targets of 159.37, 162.50 and stop-loss around 154.00.
Short positions should be opened below the level of 153.12 with the target of 150.00 and stop-loss around 155.20.
The cable analysis.Hello everyone! I'm now a 700k funded trader and wanted to share this analysis to show my improvements from my last one.
Feds were dovish today and it looks like the dollar will fall, which means everything up. Institutions are majority long on the pound, while the dollar is even, but with what the feds dished out, that should change.
If you have any questions about my analysis, please feel free to ask.
"GBP/USD Analysis: Anticipating Bearish Momentum (Read Caption)1. GBP/USD Technical Analysis:
- Sell Entry: Targeting a decline from 1.26503 to 1.25890.
- Retest Anticipation: Expecting a revisit of 1.26640 before downward movement.
- Risk Management: Set stop-loss above retest level to mitigate reversal risk.
- Take Profit: Aim for 1.25890, but adapt to market conditions and price action.
2. Fundamental Analysis:
- Consider recent and upcoming US economic data releases impacting the US Dollar strength, thereby influencing GBP/USD movements.
3. Trading Strategies:
- Confirmation: Wait for confirmation of retest level acting as resistance before entering the trade.
- Risk Management: Employ suitable risk management strategies like setting stop-loss orders and managing position sizes.
- Stay Updated: Keep abreast of news and events affecting both the US and UK economies, as they can influence GBP/USD dynamics.
4. Trading Psychology:
- Exercise Patience: Wait for the optimal entry and confirmation signals.
- Emotion Control: Manage emotions like fear and greed by adhering to the trading plan.
5. Additional Analysis:
- DXY Analysis: Continuously monitor the US Dollar Index to gauge overall USD strength, offering insights into GBP/USD movements.
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CADCHF TodayCADCHF for is after Accumulation.
My potential setups you see on chart.
This is not recommendation ;) Just my view.
Usully I use 3 or 4 orders with TP1-TP4
Minimal Risk reward is 1:1 NOT LESS
XAUUSDHello friends
I think that after the news of New York today, the price will move towards crossing the price of 2065 and probably a rapid return.
Take care of your capital
good luck
EURAUD TODAYEURAUD is HL/LL. For me is downtrend
My potential setups you see on chart.
This is not recommendation ;) Just my view.
Usully I use 3 or 4 orders with TP1-TP4
Minimal Risk reward is 1:1 NOT LESS
GOLD / XAUUSD TodayGold for me still down.
On chart my option. i open another trade.
Few days ago I opened short. and I stll keep.
This is not recommendation ;) Just my view.
Usully I use 3 or 4 orders with TP1-TP4
Minimal Risk reward is 1:1 NOT LESS
GOLD / XAUUSD TodayMy potential setups you see on chart.
2 options
This is not recommendation ;) Just my view.
Usully I use 3 or 4 orders with TP1-TP4
Minimal Risk reward is 1:1 NOT LESS
GBPUSD TodayMy potential setups you see on chart.
2 options
This is not recommendation ;) Just my view.
Remember about risk no more than 1%
Usully I use 3 or 4 orders with TP1-TP4
Minimal Risk reward is 1:1 NOT LESS
GBPAUD Sunday Move Repeated Long from FridayDidn't look at charts until after the 4H candle printed for the week.
Would have been such a easy trade no drawdown repeating Friday's move.
EURUSD TodayEURUSD Today for me.
My potential setups you see on chart.
This is not recommendation ;) Just my view.
Usully I use 3 or 4 orders with TP1-TP4
Minimal Risk reward is 1:1 NOT LESS
Here potential is a lot of pips ;)
GOLD / XAUUSD todayFor me gold have to up a little bit more to the red line.
Today i'm in NZDUSD sell and EURCHF buy
XAUUSD / GOLD TodayFor me Gold Going to start to around 2000.
Good structure HL/LL.
I'm open sell order with SL above last highs
CADJPY Looks like finished ABCForme CADJPY look like finished correct ABC and now is ready to short.
My target is around 106.00., but when I saw change trend I will cut my setup.
GOLD / XAUUSD looks still SHORTGOLD / XAUUSD looks still SHORT after strong sell on top.
My target is bottom big H1 candle
GOLD I'm looking ShortGold still in short but today is FED
At the moment i looking for entry sell.
My view is on chart.
GBPNZD looks shortGBPNZD for me looks for more shorts.
Now it's good place for looking for structure for reversal and sell.
I add one small order and I wait for structure on M5-M15 for add more sell.
TP new LOW
GOLD / XAUUSD view for next hoursGOLD / XAUUSD looks like finished bullish trend
My view for next hours.
I expect turn now or a little bit to strong area
GOLD Look still DOWNYesterday was great day. 17% acc.
Many users use my view and Made some money.
Today Gold / XAUUSD looks more down (at the moment (30 minutes before open London).
I will publish comment during today
