Initial support at 1.0520 (Jun 29 low) followed by the 1.0436 (Jun 28 low). Initial resistance is now at 1.0775 (Jun 3 high) followed by 1.0865 (76.4% retrace of 1.1012-1.0391).
Initial support at 1.0520 (Jun 29 low) followed by the 1.0436 (Jun 28 low). Initial resistance is now at 1.0775 (Jun 3 high) followed by 1.0865 (76.4% retrace of 1.1012-1.0391).
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Evaluation
no position is executed.
pairs like EURUSD, the newly formed trenp is the trend up.
green marbles already crossed the line 0.
we move the pending orders.
Position For Order:
buy limit 1 @ 1.0678
buy limit 2 @ 1.0643
and one instan buy order @ 1.0706
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Image link:
http://i1123.photobucket.com/albums/...0117-44-51.png
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The trading rang for today is among the major support @ 1.0640 and the key of resistance @ 1.0770.
The general over short term basis is to the upside targeting 1.0770 as far as area of 1.0815 .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The current trend of an upward trend and then target1.0780 if the price went to the lowest point 1.0650, breaking the trend turn to the downside targeting 1.0550
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Evaluasion
one position made it to the TP, 40, and other pending orders left by the price. trend is still up, and candles at d1 is very strong, we ignore the sma5 high weekly, it looks like prices will not turn around there.
Position For Order:
buy limit 1 @ 1.0614
buy limit 2 @ 1.0584
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Image link:
http://i1123.photobucket.com/albums/...0115-16-14.png
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Abubakar 148 (2020-04-27), zainm6050 (2019-05-10), Zed Storn (2020-05-20)
The trading rang for today is among to the major support @ 1.0480 and the key of resistance @ 1.0700.
The general over short term basis is to the upside targeting 1.0660 as far as area of 1.0700 .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Evaluasion
also all position ended loss yesterday .. we delete all orders.
Next we follow the trend in h4, use a small lot, because it goes against the trend d1.
then, I think prices will reach 1.0570, before reversing direction.
please put tp in there.
Position For Order:
instan buy position @ 1.0530 TP 1.0570
buy limit 1 @ 1.0508
buy limit 2 @ 1.0483
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Image link:
http://i1123.photobucket.com/albums/...0115-25-11.png
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The trading rage for is among The major support @ 1.0395 and the key of resistance @ 1.0580.
The generally over short term basis is to upside targeting 1.0600 .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Abubakar 148 (2020-09-07), zainm6050 (2019-05-10), Zed Storn (2020-05-20)
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Shahzada148p (2018-12-17), zainm6050 (2019-05-10), Zed Storn (2020-05-20)
Trend formed:
Current price @ 1.0453. d1 trend is still down. and two limit sell positions that we put here untouched. therefore, we sell limit further sliding down again.
Position For Order:
Position 1 ==> sell limit @1.0471
Position 2 ==> sell limit @ 1.0504
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules.
Image link:
http://i1123.photobucket.com/albums/...0115-33-23.png
Last edited by arjun; 2011-06-28 at 04:24 AM.
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