Pips
Gold Sell OpportunityThe team presents a top down analysis. We are expecting a sell from current price or the marked zones for a good risk to reward trade. Managing risk and position sizing is key.
XAUUSD BEARS TO TAKE IT DOWN 500 PIPS!!! XAUUSD: H4: SWING TRADE SETUP
BIAS: Bearish
On the H4, my bias is bearish as we have reached "C" on the "ABC" formation and anticipate "C" leg to be bearish. If this bearish momentum continues expect the price to continue heading towards 1775.
AUDUSD getting bullish here we have a great entry for the audusd where we can take a 75 pips from bullish movement ! we will need to wait for our point and take a entry at right point
EUR CAD DO NOT MISS!Eur Cad Gives anther oportunity to enter into a continuous trend.
Enter in the target area for 200 pips of profit!
GBPUSD H1 - Long Signal B&R @ 1.2200GBPUSD H1 - Some nice play could unfold here on cable, working from those whole numbers, a break and subsequent retest of 1.22 could be a point in which we consider longs, a strong 50 pip break and close would suffice.
DXY H8 - Dollar ShortsDXY H8 - Dollar is a tricky one at the moment, but I would like to see further and deeper selling pressure, it'll be an interesting week this week, with banks shutting up shop for the year, and a slower week in terms of economic data as compared to last week.
GBP/AUD upside ready for next week...Recently we have finally seen some rest bite for the pound after looming USD data. Other instruments are markets have also somewhat corrected and as we can see from GBP/AUD we are picking up some momentum to the upside with targets of 1.8400 for next week.
Always follow your trading plan regarding entry, risk management, and trade management. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Don't trade GBPJPY ! nah let's jump onhey traders as there is some data of gbp so many traders are not taking any trade in gbp but as i can see it will favour us toward our target of 110 pips as this is good point to enter in trade of gbpjpy so let's make it
DXY H1 - Short SignalDXY H1 - Nice break of consolidation seen here on cable, expecting some more downside for the dollar leading into the interest rate decision and FOMC press conference as we approach NA lunchtime. Interesting day yesterday, CPI as expected, DXY, GBPUSD and XAUUSD all moving as expected. Not sure we will see much volume as the is typically a halt ahead of such significant economic events.
USDJPY falling 300 + pips here we have a good point for USDJPY to get bearish and we can take around 350 pips in this trade !
🕵️♂️BASICS: WHAT IS A PIP❓
👉What is a Pip?
The unit of measurement to express the change in value between two currencies is called a “pip.”
If EUR/USD moves from 1.1050 to 1.1051, that .0001 USD rise in value is ONE PIP.
A pip is usually the last decimal place of a price quote.
Most pairs go out to 4 decimal places, but there are some exceptions like Japanese yen pairs (they go out to two decimal places).
For example, for EUR/USD, it is 0.0001, and for USD/JPY, it is 0.01.
👉What is a Pipette?
There are forex brokers that quote currency pairs beyond the standard “4 and 2” decimal places to “5 and 3” decimal places.
They are quoting FRACTIONAL PIPS, also called “points” or “pipettes” which equal a 10th of a pip.
👉How to Calculate Pip Value:
👉The value of pip depends on the following three factors:
✔️The quoted currency
✔️The volume of the trade
✔️And the exchange rate
Based on these factors the fluctuation of even a single pip can have a significant impact on the value of the open position.
The value of 1 pip is calculated by the following formula:
The value of 1 pip = (Pip in decimal places * Trade Volume)
👉Example:
1 pip volume in EUR/USD is equal to 0.0001
Then 1 PIP VALUE equals:
100,000 EUR—> 100,000*0.0001= 10 USD
10,000 EUR—> 10,000*0.0001= 1 USD
1,000 EUR—> 1,000*0.0001= 0.1 USD
100 EUR—> 100*0.0001= 0.01 USD
✅Tell us about issues you had with pips value calculation/understanding in the beginning of your trader’s journey in the comments✅
😊And See you next time😊
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DXY H4 - Short Signal (dollar bears)DXY H4 - We have started to see rejections during yesterdays trading session, looking for more of the same, further drops in dollar strength over the medium to long term. Lots of opportunity for XAUUSD, GBPUSD and EURUSD longs. These will be watchlist priority pairs going into next year.
EURJPY D1 - Sell Signal EURJPY D1 - Probably the most attractive setup of them all so far. Shorts lined up for some ***YEN pairs, USDJPY looking attractive also, analysis to follow.
Dollar Shorts - DXY Sell SignalDXY D1 - Break and retest has been seen on the dollar, just waiting to see if this zone (current price) holds as resistance. We have ***YEN pairs which are starting to look attractive for shorts too. Big pivot point for the dollar, held up short term Friday following NFP and labour figures.
GBPJPY falling down Hurry get a proper analysis and work on it as I can see good fall down of gbpjpy from here around 165 pips
EURUSD big bullish well here we have a good point to enter in trade with eurusd with 250 pips target with proper risk and money management
as per my views eurusd have completed it's retracement of bullish momentum and now it will continue again
USDCAD Getting bearish well here we have a trade entry for usdcad in which we taking 70 pips target for it and taking a sell entry from CMP .
$XAUUSD 30+ pips 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
!! This chart analysis is for reference purposes only !!
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EURGBP H4 - Long SignalEURGBP H4 - Probably one of the only setups that is remotely attractive at the moment, obviously moving away from the busy dollar. Hoping support holds here, we had this marked up at the start of the week, but the zone has been in tact since Sept 22.
GBPCAD Bullish with century pips well here we have a good point to enter in this trade where i can see a easy 100 pips profit
AUDUSD hold good pips well here we have a good point for the AUDUSD as we have set the entry point so wherever it sustain we'll definately go for that trade as we have sell 240 pips target and in bullish side we have 185 pips target
