Thursday, April 21, 2016

Forex Trading Strategy 37 ~ forex trading risk management

Market Analysis of the 10th of August 2015 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

Click on the Menu on "Market Analysis" for all the analysis.

Daily charts: Some clear trends

EUR/USD: The chart looks sideways, better to stay on the sidelines
GBP/USD: After the end of the cycle of 5 waves, we had a sleeping alligator and now the price has broken the lower level of the fractal box. We can look for short but with prudence because we have levels on the left.
USD/JPY: Still up move but price comes back to the green line, we can look for long with prudence
USD/CHF: Uptrend, look for long
AUD/USD: It looks like the end of the wave 5, price inside the alligator, be patient
EUR/JPY:  Wave 4 but ewave is about to cross the zero line, look for long when price will break the upper level of the fractal box.
USD/CAD: Wave 5 up, still looking for long
NZD/USD: It looks like the end of the wave 5 with price inside the alligator, be patient.
XAU/USD: Wave 3 down. Price is still below the alligator, look for short.

For orientation/direction of trades, click  "Signals" in the menu (from Monday 10th of August  from 8:00 GMT+1)


forex trading risk management


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