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Hello..
every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr . Serf vohi log trading kr sakty hain. Jinhain. Market ke kuch
know of . Ya phir 5 to 6 years ka experience. Hamary jasy new comers to bus yahan loss khany he aaty hain...
in pair ke movement bohat fast ha . Or jasy k apko pata ha . . Chances of losses b bohat hain. . So may ap sab se
request krta hon k ap sab log is pair pr Trade krny se pehly Khob isy samj lain itny MACD indicators and technical
analysis ko b samj lain. Vo is liy k apko loss k chances kam ho jain. At the end Good luck for your future.
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Audcad
australian dollar/canadian dollar
0.86768
cad
+0.00888 (+1.03%)
market open (apr 07 04:18 utc-4)
0.85880
prev
0.85880
open
145.699k
volume
0.85745 — 0.86821
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As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6045.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6115.
TP4: R2=0.616.
Set the stoploss of these orders at breakout of S2=0.6035.
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Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
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AUDCAD
trend strongly
bearish
1... Support 0.8664
2... Support 0.8612
3... Support 0.8546
1... Resistance 0.8690
2... Resistance 0.8734
3... Resistance 0.8777
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AUD/CAD
Neutral
Pivot Point 0.8652
3 Support 0.8590
2 Support 0.8621
1 Support 0.8640
1 Resistance 0.8671
2 Resistance 0.8687
3 Resistance 0.8714
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Market is showing strong bearish movement on the daily time frame and still it didn't meet with the support level so I think we should expect the further bearish movement to continue.
When it will reach the support level then we should look for some correction and consolidation but at the moment market is still bearish and looks like it will continue without any problem.
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hi,
in the chart 1h we can see the pair will go to up way in the future,
I see the pair will go to 1.0276
I expect from this analyze that the price will go to up way
so buy from 1.0245 to 1.0276
good luck
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This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!Bearish AB=CD STRONG PRZ on Type 1 entry we got clear REACTION now price need to come into zone then it becomes TYPE 2 Entry after price touching zone with BULLISH CANDLE + RSI above 30 POTENTIAL BUY
