For forex articles
Risk managemen in forex Hi Readers, I have provided some excellent trading opportunities last week with good pips and good thing was that it was properly managed . I never risk more than 3 percent of account activity & target is always 2 to 3 times of the risk. Best thing about my trading is […]
How to trade news in Forex Gbp brexit situations Gbp/usd pair has been looking for directions since last couple of months and any news out of BOE camp really dwell too much on its recent directions but short rallies are short lived and pair is back on the recovery mode for the rest of the […]
Its has quite fascinated to see pound rallies to the target. Now new trade opportunity awaiting and with a very good risk reward. But we need to see how Price action unfolds around 134.00 area. Price has been in range of a flag and that area is quite a strong S/R flip & now if […]
Forex trading without indicators In case you didn’t watch my earlier post, I would like you to take a look at it here Gbp/Cad Trade Trade is closed for + 190 pips Next trade for line today is Gbp/Aud buy Gbp/ Aud @ 1.8060 Stop @ 1.7980 Target 1ST 1.8140 Second 2nd 1.8200
Chartَ and blog will be updatَed latَer Entَry 1.2833 Stَop 1.2765 Targetَ firstَ 1.2910 Targetَ Second 1.2980 Targetَ Firstَ metَ & had tَo close tَhe positَion witَh +77 While tَrailing tَhe postَion aftَer itَ reached tَhe firstَ tَargetَ
It has been a good risk reward reward trade which clicks at the retest immediately @ 133.96. Take a look at the post here Wait for chart update little longer. Seems to be little problem with google servers. Will post an update soon & for trade alert I would recommend trailing entry at 133.66.
Price action forex trading opportunities Forex trading is all about opportunities but it does not stands for every oppprtunity should come our way or we need to keep looking for the opportunities day in and day out. This is a self destructing antanomy that more we stick to the charts, more versed and more profits […]
Firstَ tَargetَ of Gbp/cad achieved and now I am sitَtَing atَ breakeven +14 @ 1.7104 & look for nextَ tَargetَ which is around 1.7210 & in case price retَreatَ from tَhese levels, I would look tَo close tَhe tَrade atَ +14 & look for re-entَering opportَunitَies. Check Entَry exitَ of gbp/cad tَrade here In case […]
Hi traders, Italy refrendum really working as game changer for euro atleast for the current moments and hence we remain subdued for approaching price action to historical lows once again. ofcourse I would like to see reaction that has always or will be on the top of everything, no matter what market makers and banks […]
Pound set to test the highs around 1.3920 Pending buy order 1.3810 STOPS 1.3775 Target Ist 1.3920 Second 1.4010 Price action has been quite subdued and every bullish reaction in us sessions stalls at higher highs & Expecting this higher low to hold 1.3810 area