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predictions for the day.
trading is risky if no analysis is done
Usd-nok - is the currency pair we will be focusing on
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
$d/NOK
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price says to Buy the currency
This currency name - Usd-nok
Resistance and Target should be targeted
Support and Stop Loss is mandatory
Always follow Long time frame market trend.
Signal is Buy.
Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
Please like my post
Thanks you
Usdnok
u.s. Dollar/norwegian krone
9.02225
nok
−0.04997 (−0.55%)
market closed (dec 13 16:59 utc-5)
9.07222
prev
9.07222
open
256.473k
volume
8.99458 — 9.07880
day's range
USD/NOK EXCHANGE RATE
USD/NOK is the abbreviation for the US Dollar and Norwegian Krone pair. It shows how much the USD (base currency) is worth as measured against the NOK (counter currency). For example, USD/NOK indicates that one US Dollar can buy Norwegian Krones.
USD/NOK
-0.04430 (-0.49%)
9.03 93 0 / 18 0
High 9.0981 Low 8.9946
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.
Usd/nok
suporting levels are here:
support 1) 8.95
support 2) 8.90
support 3) 8.87
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal because ichimoku made a sell candle in clouds which giving selling trends.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest resistance of this pair today will be going :9.20
i think best time to enter sell trade at 9.20 with tp at 8.90 with narrow stop loss of 9.40
Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein