Market ke kuck know of . Ya phir 3 to 4 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 bohat hain
current price very is potential to fly again. this pair price already touched daily resistance level 1 and above trend line. Now the price try to move Upward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Buy position today. pivot point will be first target . after that price maybe can go to first resistance . stop loss area around support 1 level
Recomend Today = Bullish 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.
EUR/AUD is staying in consolidation from 1.6294 and intraday bias remains neutral first. For now, further rise will remain mildly in favor as long as 1.5962 support holds. On the upside, break of 1.6314 will re-affirm medium term bullishness and target 1.6432 next.
euraud formed a cup and handle pattern price based on handle bottom AB=CD reversal pattern from 224% fibo level at 1.60800 RSI shows positive divergence MACD shows bullish momentum so its expect bullish momentum to 1.62950 as a cup and handle pattern target .
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.