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DXY AOIS FOR MAJOR CROSS CORRELATION SHORTS AND LONG SETUPSI am personally favouring a long term collapse on DXY. Seeing both buy side and sell side LQ formed writ large between PWH/PWL Monday I will monitor Asia high or low being formed. Hopefully a setup of a retest presents itself in order to reciprocate the idea onto a major cross pair (GU) and potentially go long at some point, whether it be later today, tomorrow, or mid week once LOTW is formed. Will update this publication throughout the week.
TVC:DXYShort
by H7X7S7N
Potential GBPCHF LASER ENTRY (1:10 RR)Hang on to your hats boys and girls, GBPCHF is giving us a potential shorting opportunity here based on the current price action I see. But also take into account that 95% of traders are LOSING! This is why it is imperative to manage risk first and remove all thoughts of trying to make profits. Believe it or not, TRYING to make profits in the markets tend to result in the opposite. Instead focusing on improving your trading process and being calm in the face of the unknown. Remove as much of the unknown factors as you can. I am training my mind to focus on the known outcomes that I create and can control, specifically RISK. If I know that I can only lose 0.5% on the setup, it removes a degree of fear from the equation. What are you doing to increase your mental fortitude on the charts?
Short
by jefferytheartist
Daily Market Breakdown : XAU/USD - 31st March 2023Daily Market Breakdown : XAU/USD Potential Long Entries Above : 1984.70 Target Levels : 1986.90/ 1989.50 Potential Short Entries Below : 1977.40 Target Levels : 1974.80 / 1969.20 - It's important to note that forex trading carries a significant level of risk. It's crucial that you understand the risks involved and only trade with money you can afford to lose. Forex trading is not suitable for everyone and it's important to do your own research before making any trades. - Therefore, we strongly recommend that you carefully consider your trading strategy and risk management plan. We also suggest that you only trade with a reputable broker and use appropriate risk management tools such as stop-loss orders to help minimize your losses.
FOREXCOM:XAUUSD
by virajfernando
2
EURGBP Idea TestJust want to document my analysis and see if I can hit this high RR setup in real time for all of you. Price action and fundamentals have presented a selling opportunity at this level. I am taking it to the next are of fair value below price at the most recent low it made. I would like to hold for longer but we never actually know what is about to happen in the market, we speculate, manage risk, and hold on for the ride. Trade accordingly, make it fun, and make sure you are only losing a little bit when you do lose. You are a risk manager 1st. Happy trading!
Short
by jefferytheartist