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The best forex traders swear by daily charts over more short-term strategies. Compared to the forex 1-hour trading strategy, or even those with lower time-frames, there is less market noise involved with daily charts. Such charts can give you over 100 pips a day due to their longer timeframe, which has the potential to result in some of the best forex trades. While many forex traders prefer intraday trading, because market volatility provides more opportunities for profits in narrower time-frames, forex weekly trading strategies can provide more flexibility and stability. A weekly candlestick provides extensive market information. It contains five daily candlesticks, and changes which reflect the actual market trends. Weekly forex trading strategies are based on lower position sizes and avoiding excessive risks.
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 BesT Of LucK 👍
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trading signal today : Bullish
chart : H1 & H4 timeframe
traders ke liya zarori hai ke buy or support ko follow karen or market me buy yani nechey ki janab trade ko open kar lain sab. indicator market nechay ki janab he janay ka eshara day rahain hain. the market trend could remain in this position and I expected support resistance levels.use higher timeframe is very important because it always helps you to enter in the direction of current trend .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.
you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck and doing trade like a boss
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it seems that will still go up, if this pair currency has shown its strength, we can open BUY with a target at second resistance.and possibly will rise, hopefully what we try can produce, and if there are mistakes we hope we can evaluate and improve well, keep money management well and don't forget to start our trading by praying first, so that it can run well, sometimes market are moving with slowly but sometimes are highly moving.hopefully everything is facilitated and can be a blessing for us all, hope you make more profit and earn much more better as other benefits as well.
forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.
trader feel very reliable by working here and can do it as a part-time or full-time job, just by sitting at home you can earn money.
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gbp aud
order to completely understand the essence of support and resistance trading strategy you should firstly know what a horizontal level is. Actually, it is a price level indicating either a support or resistance in the market. The support and resistance in technical analysis are the terms for price lows and highs respectively. The term support indicates the area on the chart where the buying interest is significantly strong and surpasses the selling pressure. It is usually marked by previous troughs. Resistance level,contrary to the support level, represents an area on the chart where sell ing interest overcomes buying pressure. It is usually marked by previous peaks.
In case this is not so, for instance, if the support level comes down to the previous trough, it may signify that the uptrend is coming to the end or at least it is turning into a sideways trend. It is likely that trend reversal from up to down will occur. The opposite situation takes place in a downtrend; the failure of each support level to move lower than the previous trough may again signal changes in the existing trend
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Everyone made his stretigy by its own opinions. Some peoples used fundamental approaches, some people used moving averages and other then used supports and residences , who help him to make his stretigy .
Today i discuss about the pair of ---gbp/aud
My recommendation about this pair is --Buy
After the analysis of residence and supports and its previous movements.
Pivot Point : 1.8956
Supporting Levels:
Support 1: 1.8766
Support 2: 1.8876
Support 3: 1.8787
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.9020
Resistance 2: 1.9034
Resistance 3: 1.9056
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Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
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Pivot, Resistance Levels and Support Levels for GBP / AUD
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 1.954
Resistance Level (R2): 1.949
Resistance Level (R1): 1.946
Pivot Point: 1.941
Support Level (S1): 1.938
Support Level (S2): 1.932
Support Level (S3): 1.929
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.9428
This currency name - GBP/AUD
Resistance and Target - 1.9449
Support and Stop Loss - 1.9407
Always follow Long time frame market trend.
Signal is Sell.
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market technical analysis for currency pair
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GBPAUD
market have buy position today
resistance and support levels will remain as?
current price this time+ 1.9431
Resistance level 1 : 1.9449
Resistance level 2 : 1.9479
Resistance level 3 : 1.9491
Support level 1 : 1.9411
Support level 2 : 1.9378
Support level 3 : 1.9348