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USD/JPY Short and AUD/NZD ShortUSD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
1
USDJPY: USD/JPY returns to 152 regardless of intervention threat The Japanese yen weakened barely on Tuesday, with USDJPY now lower back toward 152 - its maximum stage in view that 1990. The yen`s weak spot comes whilst Japanese officers time and again warn that they'll reply correctly to hypothesis in opposition to the yen. However, promoting momentum piled at the yen, specially withinside the face of better longer-dated US hobby costs, that have been the principle weight at the Japanese foreign money for almost years. The yen additionally obtained little assist from the Bank of Japan's first hobby fee hike in 17 years, because the valuable financial institution presented dovish alerts on destiny coverage decisions. . Dollar steadies on CPI information, recognition on Fed assembly minutes The greenback index and greenback index futures had been little modified in Asian buying and selling after posting a few in a single day losses. But buyers are nevertheless in large part biased toward the dollar given the numerous alerts on US hobby costs this week. Consumer Price Index inflation information for March is due out on Wednesday and is extensively anticipated to expose inflation final properly above the Fed's 2% annual target, leaving the valuable financial institution with little Motivation to begin reducing hobby costs soon. Minutes from the Fed's March assembly can also be launched on Wednesday and are available amid developing doubts approximately whether or not the valuable financial institution will begin reducing hobby costs in June. A string of Fed officers warned that difficult inflation could maintain the Fed from reducing hobby costs early this year.
Long
by Chart_MasterPro
2
USD/JPY Short and CAD/CHF ShortUSD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. CAD/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
USD/JPY Short, AUD/NZD Short and GBP/CAD ShortUSD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • 1H impulse down below AOI. • If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/CAD Short Minimum entry requirements: • Break above area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
HOW TO SET STOP LOSS | 3 SIMPLE STRATEGIES 📚 Hey traders, In this post, we will discuss 3 classic trading strategies and stop placement rules . I will teach you how to set a safe stop loss, relying on price action. 1️⃣The first trading strategy is a trend line strategy . The technique implies buying/selling the touch of strong trend lines, expecting a strong bullish/bearish reaction from that. If you are buying a trend line , you should identify the previous low. Your stop loss should lie strictly below that. Buying a test of arising trend line on GBPCHF, stop loss is lying strictly below the previous low. If you are selling a trend line , you should identify the previous high . Your stop loss should lie strictly above that. 2️⃣The second trading strategy is a breakout trading strategy . The technique implies buying/selling the breakout of a structure, expecting a further bullish/bearish continuation. If you are buying a breakout of a resistance , you should identify the previous low . Your stop loss should lie strictly below that. If you are selling a breakout of a support , you should identify the previous high. Your stop loss should lie strictly above that. Selling a retest of a broken structure on AUDJPY, Stop Loss is strictly set above the previous high. 3️⃣The third trading strategy is a range trading strategy . The technique implies buying/selling the boundaries of horizontal ranges , expecting bullish/bearish reaction from them. If you are buying the support of the range , your stop loss should strictly lie below the lowest point of support. Opening a long position from the support of the range on Dollar Index, stop loss is placed below its support. If you are selling the resistance of the range , your stop loss should strictly lie above the highest point of resistance. As you can see, these stop placement techniques are very simple. Following them, you will avoid a lot of stop hunts and manipulations. How do you set stop loss?
OANDA:XAUUSDEducation
by VasilyTrader
5
XAUUSD: Dollar recovers beforehand of nonfarm payrolls informati The greenback index and greenback index futures rose 0.2% in Asian buying and selling on Friday, rebounding from sharp declines in advance withinside the week on anticipation of the pound Non-farm wages } indicates buyers returning to the greenback. Inflation and the power of the hard work marketplace are the Fed`s largest concerns in slicing hobby costs this year. However, inflation has emerge as intense in current months, whilst payroll information has additionally continually passed marketplace expectations. In addition to payroll information, US client fee index inflation information may also be launched subsequent week and is probably to offer similarly indicators on hobby costs.
OANDA:XAUUSDShort
by Chart_MasterPro
EUR/USD Long, EUR/CAD Long and USD/CHF ShortEUR/USD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/CAD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. USD/CHF Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
by StewySongs
1
GBP/USD Short and GBP/CAD ShortGBP/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/CAD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
4
AUD/JPY Short, EUR/JPY Short and CAD/JPY ShortAUD/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. CAD/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
1
GBPUSD: GBPUSD commentary todayThe USD stabilized after the DXY index ended the week at a record high in more than a month, approaching its 2024 peak. The dollar has strengthened recently, contrary to expectations that the greenback would weaken as the Fed moves closer to cutting interest rates. Now, expectations of interest rate cuts by other central banks are also helping to support the currency. Investors will be watching a flurry of inflation data around the world this week, including the Fed's key inflation measure on Friday, which is expected to continue to run hot in February. The core PCE index, which excludes food and energy prices, is forecast to rise 0.3% after its biggest monthly gain in a year.
Long
by Chart_MasterPro
Minutes of the Bank of Japan`s January assembly - the opportunit Minutes of the Bank of Japan's financial coverage assembly on January 22 and 23, 2024, complete textual content here: Members agreed that they have got now no longer but reached the level in which the inflation goal may be done sustainably Members proportion the view that the probabilities of attaining 2% inflation are increasing, so if we are able to affirm a tremendous cycle in wages and inflation, we are able to take into account finishing bad hobby charges and Unusual loosening steps Some individuals stated the hazard of inflation exceeding the 2% goal had emerge as smaller One member stated if a ruling on finishing bad hobby charges is delayed, it'd prevent efforts to attain the 2% goal and referred to as for a fast tightening. One member stated now's a once-in-a-lifetime possibility to extrade financial coverage One member stated the scope for financial coverage flexibility might be decrease for Japan as different nations pass to reduce hobby charges. Some individuals trust that they have to forestall shopping for ETFs and JREITs if they could attain the inflation goal Some individuals stated the BOJ isn't below stress to hurry up hobby fee will increase like in Western nations.
Short
by Chart_MasterPro
AUDUSD: AUDUSD prediction todayIn Australia, the Reserve Bank of Australia (RBA) is predicted to preserve hobby prices at its personal coverage assembly today, with nearby banks predicting no fee modifications till at the least overdue August. Carl Ang from MFS Investment Management commented that strong and guiding coverage prices are predicted amid excessive uncertainty, with a clearer inflation outlook wished earlier than any symptoms and symptoms of dovishness or fee cuts Which fee? The Australian greenback observed a few guide early withinside the week from fantastic China records however remained beneath a two-month excessive of $0.6667 reached in early March on a robust US greenback move up. The New Zealand greenback additionally fell, buying and selling at $0.6079. The euro rose barely 0.02% to $1.08735 and the British pound fell 0.05% to $1.2723. The greenback`s restoration became fueled with the aid of using current US monetary records displaying continual inflation, inflicting traders to re-evaluate their expectancies approximately the Fed's direction to hobby fee cuts. The Fed's upcoming coverage choice this week is likewise in focus, with markets searching out symptoms and symptoms of whilst the crucial financial institution may begin slicing hobby prices. Goldman Sachs leader economist David Mericle has adjusted their forecast, now projecting 3 fee cuts with the aid of using 2024, down from four. The greenback index, which tracks the dollar towards a basket of currencies, rose 0.02% to 103.60, after hitting a two-week excessive of 103.sixty five withinside the preceding session.
Long
by Chart_MasterPro
USDJPY: USD/JPY stabilizes, market focuses on BOJ interest rate The Japanese yen changed into mildly risky on Monday after a risky week amid hypothesis approximately an cease to the BOJ`s yield curve manage and terrible hobby quotes policies. The BOJ started a two-day assembly on Monday, with a choice to be introduced on Tuesday. The USD/JPY change fee has fallen to 146 in line with dollar, specifically after reviews that Japanese hard work unions have performed big salary will increase this year. Recent facts additionally suggests that inflation stays stable, with each elements giving the BOJ sufficient self belief to cease its ultra-dovish policies. However, analysts stay divided on whether or not the financial institution will increase hobby quotes in March or April, with the overall consensus barely leaning in the direction of an April move. BOJ predicted to elevate hobby quotes through 20% foundation factor to 0.1% from terrible 0.1%. While any fee hike bodes properly for the yen, hypothesis over the timing of a fee hike has visible USD/JPY mark risky actions in latest weeks. The fee hovered round 149 on Monday.
Long
by Chart_MasterPro
USDCAD: Asian foreign exchange little changed, dollar steady aheMost Asian currencies traded slim on Monday, even as the greenback steadied close to a two-week excessive as cognizance became to a sequence of vital financial institution meetings, mainly are the Bank of Japan and the Federal Reserve. Strong US inflation readings from final week left investors cautious of any tightening stance from the Fed, even as wonderful wages information and difficult inflation brought about a flurry of hypothesis approximately a whether or not the BOJ will stop its ultra-free guidelines this week.
Long
by Chart_MasterPro
GBP/USD Short, AUD/USD Short, EUR/USD Short and CHF/JPY shortGBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. AUD/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. CHF/JPY Short Minimum entry requirements: • 1H impulse down below most recent low. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs