Ankr Usdt Breakout successfully Long Ankr Usdt Entry 0.02597, 0.02510 TP: 0.2675, 0.2790 SL: 0.2427
In the world of forex trading, achieving consistent profitability requires not only sound strategy but also effective risk management. One crucial aspect of risk management is determining the appropriate lot size for each trade. In this blog post, we will explore the best methods for you to calculate lot size, emphasizing the use of tools available on...
In today's trading scenario, we witnessed a fascinating turn of events. The market initially opened with a downward wick, touching the previous day's closing level and the London session's support. However, the tide swiftly turned, largely attributed to President Biden expressing positive sentiments about the avoidance of the US debt ceiling. This optimism sparked...
Similar to EURUSD, price is tagging the top of the BB while DXY is also supported by the BB. The zones would act as support, with 2 possible paths given, better to trade later than earlier, looking to long 1.2434 or short 1.2538 as shown in the two paths.
KOG Report: In last weeks KOG Report we said we would be looking for the support levels to hold to give an opportunity for the long trade before we then see a reaction in price. We then said we would be looking at the higher levels to confirm the resistance before we attempt to take the short trade back down. We plotted the immediate support level with a...
© BNPP Global FX Positioning Tracker: CAD shorts extend • In G10, FX USD shorts reduce slightly to -17 from -18 last week (+/-50 scale), as our proxy for real money investors reduces shorts. • CAD shorts extend to -23 from -15 last week, as our proxy for electronic trading venues extends shorts and our proxy for real money investors unwinds longs. Technically...
The current trading pattern of gold is a Bullish Pennant, which typically indicates a potential upward trend. However, before considering purchasing gold, it is important to wait for confirmation of the pattern's breakout to the upside.
This is trade idea for GBPJPY Day Trade -Sell in bearish breaker area (FVG 5 inside) with range 164.606 - 164.746 according to the confirmation that will occur. -Risk Reward 1:1.5
This is trade idea for XAUUSD Day Trade -Sell in bearish breaker area (FVG15 inside) with range 1966.935 - 1969.905 according to the confirmation that will occur. -Gold still struggle reach 2000 while crude oil soar -Risk Reward 1:1.5
This is trade idea for AUDUSD Day Trade -Buy in bullish breaker area (FVG15 inside) with range 0.66808 - 0.66718 according to the confirmation that will occur. -Bullish engulfing in 1H TF with price condition above Buyside Liquidity Asian Session -Risk Reward 1:2
Hello traders, in today's trading session my team and I are monitoring GBPJPY for a potential trade setup. At the moment GBPJPY has been very bullish, retesting the high on the weekly timeframe - which doubles as a minor buyers territory OR money spot. Pip Regards, DayBot6. What do you think of this idea?
This is trade idea for AUDUSD Day Trade -Sell in FVG 15M or 5M Area with range 0.66924 - 0.66970 according to the confirmation that will occur. -AUD slips on easing inflation -Risk Reward 1:2
This is trade idea for GBPUSD Day Trade Trade -Buy in Order Block Area TF5M Near Sell Side Liquidity (SSLQ) of asian session with range 1.22674 - 1.22614 according to the confirmation that will occur. -This trade for Event UK Retail Sales news. -Risk Reward 1:3
WT-USD is expecting to have reversal move from its current position. This can be observed via Double Bottom Reversal Pattern as well as the presence of Divergence. The trade setup is designed for a LONG TRADE option for this COMMODITY Pair with a projected price.
This is trade idea for AUDUSD Day Trade -Sell in Bearish Breaker (TF5M) Area with range 0.67146 - 0.67207 according to the confirmation that will occur. -The dollar index edged below 103.8 on Monday, sliding for the third straight session as the forced takeover of Credit Suisse by UBS and global central banks' action to boost dollar liquidity somewhat eased...
This is my plan for the next few Quarters. My main focus is on the EUR/USD. If price is able to hit the 1.05 level, I will need to decide if I want to place a stop at 1.06 and ride price lower, or exit at 1.05 and move my focus over to the GBP/CAD and EUR/HUF. I might place a tighter stop and see if price is able to maintain the momentum lower on the EUR/USD. ...
The first target was reached by Bitcoin yesterday, by a slight difference, and the price bounced from it, and it is expected to return to touching this level, and it is considered a minor and weak support, and it can be broken easily Today, it is expected to break 22.8K, and head towards the second support levels at 22.4K, and it is likely to be broken if the...