USDSGD trade ideas
USDSGDIt is a 1.3548 as we speak. If you like to have a higher USD against SGD. You can observe 1.3557 on the 4-hourly chart(UTC+3), if it touches 1.3557 and fail to close above 1.3580, then that probably is the best rate to change. If a break and close above happen, you can wait for 1.3609.
USDSGD-Wedge formation in wave 5 of V) now a,b,c to 1.34 ?Dear friends,
Don't follow me blindly...what i am sharing here, is my knowledge not signals
I am sharing my view through Elliott waves from past 4 yrs....i learned tons and tons here and market taught me lot and still teaching and i am listening to the market..i am sharing here my view for a educational purpose and i am still a learner and i am sharing not my view, its my experience if u PURELY LISTENNED to my MARKET COMMENTARY... i am not a market mover...just i am keep changing my view according to the PRICE ACTION and i written detailly about that in market commentary...there is no short cut to earn money and cant make a fast cash...if u do that , it may go like that....
My ambition is to create an awareness to the traders, to promote the education not to do BLINDLY...If u look my past 4 yrs chart and now...i fine tuned or refined my strategy...and still looking for finetune...so if u r following my trade plans as a signal its not my fault...If you are not encouraging also not mind but dont discourage...if you are not comment also dont leave the negative comments, if you are not motivate also dont demotivate...because NAGATIVE is more powerful than POSITIVE...i wont care about such comments...because of your comments i wont stop anything in MY PRACTICE...it will take time and to digest such comments for first 2-3 days and again i rebuilt my positive activity and my view and then again i keep start my sharing...i dont need a roadblocks in my journey. If it happen also i need to cross that and i continue...but that crossing time is DELAY for my journey to reach my GOAL...so try to be a friend...just learn or leave .if you didnt like a page in your story book just turn that... Don't look that, Like that dont look my chart...just skip that...thanks lot ...here some quotes by BRUCE LEE...
1. I fear not the man who has practiced 10,000 kicks once, but i fear the man who has practiced one kick 10,000 times
2. A GOAL is not always meant to be reached, it often serves simply as something to AIM at
3. Those who are UNAWARE they are walking in darkness will never seek the light
4. To hell with circumstances i create the opportunities
5. I don't teach you anything. I just help you to know yourself
6. Always be yourself, express yourself, have a faith in yourself, do not go out and look for a successful personality and duplicate it.
7. Don't fear failure... in great attempts it is glorious even to fail
8. Absorb what is useful, reject what is useless, add what is specifically your own
9. Notice that stiffest tree is most easily cracked, while the bamboo or willow survives by bending with the wind
10. The successful warrior is the average man with laser-like FOUCS -
USDSGD Trading Plan - 13/Jul/2021Hello Traders,
Hope you all are doing good!!
I expect USDSGD to go down soon enough.
Look for SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
USDSGD-Wave a) going to complete and b) @ 1.3400 and C) to 1.38 Market Commentary:
LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO...
First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and again go with the trend....DONT TRADE THE COUNTER TRADE SETUP...you will took loss too...try to identify the short term pull back and the long term pull back after that took small lots in the short term PB with strict stop and go with big lots in the trend side that is long term. I WONT TOOK ALL THE TRADE PLAN SHARED HERE...
Read the market commentary inside the chart what i shared here carefully and try to learn Elliott waves...otherwise its tough to understand the market commentary and my analysis. I wont give a entry, stop loss and take profit in my chart...it is only for EDUCATIONAL PURPOSE and i am sharing how i am analyzing the pair and labeling them according to the Elliott wave theory...I AM JUST SHOWING THE TREND HOW IT MAY GO AND MY VIEW(it may wrong too)..so DON'T FOLLOW BLINDLY MY CHART..take this as a reference and if it correlate to you strategy took the trade as per your strategy...DON'T ASK ABOUT YOUR RUNNING TRADES i wont comment on them and I WONT SUGGEST TO TAKE MY TRADE SETUP.
I am a technical analyst based on trendline, channel, fib retracements, expansion, stochastic for divergence, EMA's and MA's are finding the pull backs and MAJOR IS ELLIOTT WAVES...those mentioned above are using as a TOOLS only. I am not a fundamental, sentimental trader...but only the fundamental will boost my technical analysis to reach my target or sometimes it will go against me and then i will manage the trade according to the Elliott waves alternate views...Each and every trade plan i am sharing here has a alternate view and i am sharing only the most probabilities(70-80%) here...sometimes the other (20-30%) may market do..then i will change the wave counts and labeling according to the price action.
All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
USDSGD : Bullish trade ideaWeekly created FVG
Daily came and tested that FVG, created an OB in the process
We look to trade a 2H OB+ zone within that Daily OB+
USDSGD shortUSDSGD has so far rejected a strong supply zone. And the double top theory is very clear. An 80-140 pip magnitude crash is expected. Keep in mind that this is a fairly risky pair
1.346 watch to hold, at a key daily resistance area...
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
USD/SGD Long - 01 June 2021 | Hybrid Move Result: +3.00%Hey all,
Another quick breakdown of one of our key strategies.
The trade initiated from a Daily Jr. Zone stacked with a key quarterly and monthly trendline and of course a clean weekly area of demand. Beautiful price-action in my opinion at the higher-timeframes.
The overall higher time-frames were perfect when the trade was executed and the Dollar index was also located in multiple layers of demand. The last couple months we've been eyeing the dollar
for a clean recovery higher, the main reason for this was the fact that price was located in a key area of value at the monthly time-frame, at the weekly time-frame and at the daily time-frame as well|
by stacking our unique zones, we can gain an edge in the markets and by utilising multi currency analysis this trade was executed live together with a scale-in position which is still running with an additional
+3.16% locked in profits due to our trailing stop loss.
The 4hour entry was formed strongly after a bit of slowing down for the recent 4hour candlesticks. Price exploded to the upside due to fundamentals, even though we do not
trade fundamentals or check the news due to the subjectivity of it, we do love the volatility it brings to the table.
Text book setup in my opinion which provided some good profits.
Kind regards,
Max Nieveld
USDSGD SIGNALHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 1.37
stop: ~1.346 (depending of ur risk). ALWAYS follow ur RM .
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(Looking for investors!).
💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3382).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 40 .
Take Profits:
TP1= @ 1.3467
TP2= @ 1.3510
TP3= @ 1.3557
TP4= @ 1.3617
TP5= @ 1.3668
SL= Break below S2
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💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3382).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 1.3467
TP2= @ 1.3510
TP3= @ 1.3557
TP4= @ 1.3617
TP5= @ 1.3668
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
23 June: USDSGD bullish play seenHi everyone!
USDSGD is pulling back to its ascending trend line, in line with the 78.6% retracement which presents an opportunity to play the bounce here. Our stop loss is placed slightly below the previous low and take profit targets at -27.2% and -61.8% retracement respectively. What are your thoughts on USDSGD?
💡Don't miss the great buy opportunity in USDSGD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.33851).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 1.34828
TP2= @ 1.35317
TP3= @ 1.35762
TP4= @ 1.36323
TP5= @ 1.36743
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in USDSGD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.33851).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 1.34828
TP2= @ 1.35317
TP3= @ 1.35762
TP4= @ 1.36323
TP5= @ 1.36743
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
7 June: USDSGD could see a bounce hereHi everyone!
Following a disappointing Non-Farm payroll report on Friday, USD pared recent gains and we are currently seeing a pullback on USDSGD. On the technical front, prices broke its previous high and descending trend line and is currently pulling back to our entry zone.
Reason for these levels: The entry zone is also a support area that has been respected by price previously, where we saw a strong bounce above this area. On top of that, this area also coincides with fiboancci confluence levels and we could see a further upside from here.
Our take profit targets are based off the graphical levels where price rejected previously, with the second take profit target in line with the -27.2 fibonacci retracement. Stop loss is placed slightly below the latest low we have on the H4 time frame.
