So far as I'm monitoring USD/JPY for a long time, there is a time series to correct the market momentum. To balance the overbought condition, the currency pair USD/JPY will fall to a certain level, which I marked with a white trend line.
After a long time, I am placing a short trade on EUR/JPY. This is a short position where I’m risking about 5% of my account size on this setup. The key level I’ve been watching for quite some time is the supply-demand zone at **166.79**, which has been consistently pushing the market towards a sell. Now, there are two possible scenarios: 1. The market...
i been monoCertainly! Here’s a revised version of your text: "I have been monitoring XAU/USD for a long period of time, and I’ve finally set up my short position. There are two main reasons why I’m so excited and looking forward to this trade. Firstly, as a price action trader, I can make a crucial judgment based on the important levels and lines in my setup....
After a long time here im jumping on a gold trade, in 2023 i barly get any entry on gold, for this its my first gold trade, However taking about the reason behind of taking this trade is that, this on has reached a certaing level of my feb wich is 0.6 level, and now its trying to give a fry to us, also if its not fly then its suerly gonna touched the resistance...
First Trade Of 2024 Here im taking a sell trade on DXY Dollar index Reason behind this dollar price is moving down for a long period, and after falling for long time this pair has touched a important support zone, afterwards this pair has consolided for 13 days Now finally DXY started really to the down side Date - 04/01/2024
here we found a short trade on CAD/JPY after waiting for a hole day, this pair has reach its resistance zone by making a higher high and higher low, then waiting for a hole day on top this pair finally start to headed for the support zone by breaking the bulish trend line, then this pair give a bearish continuation signal by hitting the break out zone. Date - 21/12/2023
I was watching this pair for two days, just trying to find entry on trend reversal or continuation, finally after waiting for long i find a long tread. This pair is continously moving up my following a bullish trend line, which bullish trend line is respected by not breaking it, and price has started to continue up, taking a trend on this pair by placing a 1:3...
Fundamentally USD is bearish right now and also my analysis is also indicating for down turn trade, Now its a good place to short on this pair cause its reach its down trend line also the resistance area, So thats why placing a 1:3 trade risk to reward ratio trade Date - 19/12/2023
taking a long position on AUD/JPY in 15 min time frame Date - 18/12/2023
Taking a sell position on EUR/CAD reason behind of taking this trade is that this pair are bearish right now and following a down support and resistance line, Now this pair on its Resistance line heading to the support line Date - 13/12/2023
Taking a long position on USD/CHF. This USD/CHF pair has lose down trend momentum and it has been over sold, also USD pairs sentiments are full bulish after relesing FED News Date - 13/12/2023
Placing a Sell trade on USD/JPY. Reason behind of taking this trade is that its breaks a important up trend and started falling after reaching the resistance level, also i waited for the confirmation for past few days. Now it was a perfect moment to sell because on four hour time frame this pair created three strong bulish cancel and each time the candels geting...
Gold is currently testing you can enter you trade base on inter day tread, keep your eye on this, Market will break and its gona go so far, waiting for break even
This pair is strongly going on down, they go up then make a double top & that the perfect indicated to down trend, yes this will take a lot of time, but time means money sure you will get a next level profit on this pair, but money comes from patience, so be careful, i will wait some more time for more confirmation then i will enter this market with shot...
Waiting for shot confirmation, it will take some time and more over patience,, keep your eyes on this market Thank you so much Happy trading
We all are hoping doen trend will start in some hour later, keep your eye on the mark, be patient Thank you so much. Happy trading day
Market is going up its will touch its Resistance then its will fall from to support level and we will see a dearis Trend after touch the resistance, to hit its resistance there are more 1000pips to go up, thank you so much, have a nice trading day