AUD/CAD: Bought in the support zoneAustralian Dollar/Canadian Dollar look bullish in H1 analyzing this chart. I believe that the price will continue climb toward $0.9030 CAD. We could to look another opportunity to buy in the Sydney session in Forex market. i will make a leverage x2 as this it's a good chance to find up bought with hope to find up approx. 11.23% in this trade to grow up my account.
I put a buy order limit to $0.8976 CAD, Stop Loss to $0.8958 CAD. We see a dynamic Stop Loss in this Forex par.
I hope that this trade help you!!!
Good luck
Also, we're in profit in Euro/Canadian Dollar what we're shorting Euro!!!
Pips
Gold shorts on the back of USD bulls.Gold H4
Solid response to that $1800/oz price, +100 pips rejected already in quite quick succession.
Hoping to see this pair close with a solid H4 rejection, would be 'golden' to sit on this risk free ahead of US inflation data tomorrow, consensus dropped, but solid chance of outperforming consensus.
EURUSD upcoming move we have 2 possibilities and have to be patience and once t reach the point only we'll take the trade for the sell entry, it has to retrace till my point, and once it touches and sustains below this then we'll take sell entry and like same for the buy trade we have to wait for the point and wait for the retracement till our point and take a by entry.
GBPAUD D1 - What new traders should be looking for...GBPAUD D1
One of the more simple charts you can look to trade, left to right ranges on high timeframes. Reduces the amount you trade due to the higher timeframe, allows you, to lets the market do its thing.
Measurable and consistent, good confluences and lots of opportunity to be taken.
USD/CAD: Bought in the pull backU.S. Dollar/Canadian Dollar forming a nice entry in the market live. What I see that USD/CAD break-out this bullish rising wedge what we could to appreciate it in H4 timeframe
This it's the bullish risng wedge, we pass the ABCDE Elliot Wave, what we could to expect it's that USD goes strong in front of CAD
If you want to bought like me, you can to do the following, put the buy order limit to $1.2848 CAD. Stop Loss to $1.2811 CAD (-36 pips) and take profit to $1.2942 CAD (94 pips)
I hope that his analysis support you
Good Luck
In the past month, July 2022 I made 17.88% in earns and Loss of 9.78% . I expect to get 20% monthly but I earned almost 18%, but not bad/ But I can to work better month to month and weekly to weekly.
DXY D1 - Long term DXY Bull trend. DXY D1
Still working from these higher timeframes, the trends are very evident, we can't help but notice the higher structure HL's/HH's.
We have a sequence of earnings figures for US stocks and this has a knock on effect with the DXY and XAU. Fuelled by FED rate and FOMC comments... We have seen dollar pullback.
However, things data points and risk headlines are still in the backing of a USD dollar, and even with these corrections seen not directly correlating with data release... We are still holding structure. If 105.000 breaks, this could be the pivot.
U$30 IDEA1The actual process of trading, however, should be effortless. My attitude is that I always want to be better prepared than someone I'm competing against. The way I prepare myself is by doing my work each night. Do more of what work and less of what doesn't!!
GBPJPY 1hr chart UPDATE 7/23/22We have GBPJPY on the 1hr chart we have a break of structure (BOS) around the level of 164.752 making it a great for us to have the supply area around the level of 165.100 since that's from the red candlestick broke the structure. Meaning we clearly see a zone that hasn't been retested.
For the support I took in consideration the point where we see it gets rejected which would be around the level 163.00. We ended the week with an engulfing green candlestick that closed at the level of163.400.
I personally like setting my SL right under that lowest wick giving it enough space just in case it wants to pick up more orders from the lower level. On this trade I will be looking for a 2.5 risk/reward, I will be looking for around 1400 pips which is all the way until the supply area and for my SL I have it at 500 pips just around the lowest wick.
And just as another indicator we also have the MACD which is telling us the sellers are losing momentum confirming us that we have the buy opportunity.
USDJPY 7/22/22 UpdateWe have USDJPY on daily chart that has been on a uptrend for a very long time and now it's looking like it reached its high level around the 139.400 and it's giving us the sign of a possible reversal coming up for the week.
There is the uptrend trendline it's been respecting, and it looks like we will be breaking the trendline indicating a huge sign of the sell opportunity coming up around the level of 134.700.
We can expect the breakout of the trendline and then a little pull back just to retest the support level I marked to see if it's strong enough to go back in the trendline making it a false breakout or simply just to pick up more orders around the support area and conform we have a big sell coming up.
I would highly recommend waiting until we see the pushback to the support area just to get that extra confirmation that in fact, we have the sell.