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gold
In 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 selling interest overcomes buying pressure. It is usually marked by previous peaks
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Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading
krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta
hai yeh pair ,
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Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
Best of luck.... 👍✌
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Forex forum is the best forum in the world to earn good profit and the best forum for your life.
I have been working with my friends since the last couple of years.
I have been working for signal of the best indicators
RSI
and other technologies that have helped me to understand how much I have done in my business.
you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck..
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Gold
Long term movement pivot, Resistance and support levels are as follows for today date.
Current Price 1- 1583.26
main resistance level 2- 1583.86
main support levil 3-1572.67
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GOLD Trend is sell
1 Resistance :1554.36
2 Resistance :1529.94
3 Resistance :1494.29
1 Supporting :1468.35
2 Supporting :1433.73
3 Supporting :1373.27
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Current price very is potential to fall again. this pair price already touched daily support level 1 and below trend line. Now the price try to move Downward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Sell position today. pivot point will be first target . after that price maybe can go to first support . stop loss area around resistance 1 level
Recomend Today = Bearish Trend 85%
ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.
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xauusd pair lagatar uptrend me chal raah hai aur abhi tak isne downtrend ka koi bhi signal nahi diya hai..
iski 4 hout aur 1 day candle bhi isko uptrend me show kar rahi hai lekin abhi ye pair apne 1 resistence ke pas hai..1.570 ke pas 1 bahut striong resistence hai..agar ye yaha se upar nahi jata to isko sell kiya ja sakta hai
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gold
Carry trade allows to make a profit from the non-volatile and stable market, since here it rather matters the difference between the interest rates of currencies; the higher the difference, the greater the profit. While deciding what currencies to trade by this strategy you should consider the expected changes in the interest rates of particular currencies.
However, this does not mean that the price changes between the currencies are absolutely unimportant. Thus, you can invest in a currency because of its high interest rate, but if the currency price drops and you close the trade, you may find that even though you have profited from the interest rate you have also lost from the trade because of the difference in the buy/sell price. Therefore, carry trade is mostly suitable for trendless or sideways market, when the price movement is expected to remain the same for some time.,
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gold
A trader who employs buy and hold investment strategy is not interested in short-term price movements and technical indicators. Actually, this strategy is mostly used by stock traders; however some Forex traders also use it, referring to it as a particular method of passive investment. They commonly rely on fundamental analysis rather than technical charts and indicators. This already depends on the type of investor to decide how to apply this strategy.
A passive investor would watch the fundamental factors, like inflation and unemployment rates of the country whose currency he has invested in, or would rely on the analysis of the company whose stock he owns, considering that company’s growth strategy, the quality of its products, etc. For an active investor it would be more effective to apply technical analysis or other mathematical measures to decide whether to buy or sell,.,.,.,