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USDCAD SHORT Intraday Welcome back! Here's an analysis of this pair! **USDCAD - Intraday SHORT Opportunity. Rules for entry: Downtrend daily and 4 hr., price in strong reversal zone, corrective structure from downtrend, wick rejection, top of 4 hr. channel...apply your own rules according to the strategy you use and you should find an opportunity. Good luck! Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
CADJPY BULLISH ENTRY MOMENTUMCADJPY BULLISH ENTRY MOMENTUM - CADJPY has created an order block from yesterday's New York Killzone. - The price has broken the market structure to the upside, showing there is momentum to continue the uptrend. - The order blocks are aligned with the internal Fibonacci entry area. - The entry area is at a discounted price level because it is below 50% from the previous impulsive movement. - By using the external Fibonacci retracement to both XAY pattern and Fibonacci projector as the target profit. - To execute the trade, lower time frame is needed to seek confirmation of a change in the market structure on the order blocks area.
Long
by lalala_landzz
1
A SHORT TRADE FORMING IN SAND FOR INTRADAY LEVELSBy the looks of it, SANDUSDT is forming a good trap for buyers. If everyhting goes my way, then I think that we might see a false breakout of the current resistance level at 30 min timeframe, makes a bullish candle in order to trap buyers to enter a LONG position.But the problem is that there is a continuing resistance trendline which started from 9th March. What I think is that SAND will take resistance from there and I am planning of entering a short trade whenever the right time comes and with a decent Stop Loss. If u can relate to my planning, then please Like, share and follow my channel. (NOT A FINANCIAL ADVISOR) THANKS (:
Short
by angad2797
Your Trading Style and Holding Period ⌛ ⌛ ⌛ How long to hold your trading position? Everything depends on your trading style. In this post we will discuss the preferable holding period for your trading positions. First, Let's define 4 main trading styles: Scalper, intraday trader, swing trader and investor. One of the core differences between these styles is the time horizon of their predictions of a market behavior. 1️⃣Scalper attempts to predict minor price fluctuations. His goal is not to pursue the waves, rather a minor moves up and down. For that reason, pro scalpers tend to hold their position minutes, sometimes even seconds. Expanding the time horizon they are risking to be stopped out from their positions. 2️⃣Intraday traders operate on intraday time frames. They are trying to predict the price movements within a day or even a trading session. The average holding period of a pro intraday trader is ranging from minutes to hours. 3️⃣Swing traders are aiming to catch swing moves - the waves. Typically by a wave we call a trend following movement. Pro scalpers usually close their positions once the market starts retracing (correcting itself). Following such a strategy, scalpers tend to hold their trades days to weeks. 4️⃣In contrast to a swing trader, the investor does not care about the retracements and pullbacks. The investor is trying to pursue the entire movement within the trend. Usually he hold his position till the trend lasts and closes that only when the market starts reversing. Investors tend to hold their positions months, even years. Recognizing an average holding period is crucially important for a selection of your trading style. Which one do you prefer? ❤️Please, support this idea with like and comment!❤️
BITSTAMP:BTCUSDEducation
by VasilyTrader
24
MY PREDICTION FOR EURUSD 4 HOUR PROJECTIONAs we observe , it actually will goes down as we predicted last week , unfortunately there was a news where a rumors talking about biden and putin , so the news triggerred all major usd pair so that bull taking over market and goes ( break ) major trendline on daily chart that be defined by SMA . So back to our prediction , it will now trying to make a fakeout before getting back on its original path where it will goes down to respect another zone if its break , if not it will a major/minor retracement before gets back to its original path Thats all from me GP XENIX Stay safe everybody , love u all <3
Long
by XENIXTV
XAUUSD (GOLD) 4H ChartMarkets eye US CPI data for further direction. Factors to watch for gold price action- Global stock market- Bullish (Negative for gold) US dollar index –Bearish (positive for gold) US10-year bond yield- Bullish (negative for gold) Technical: The near–term support is around $1825, violation below targets $1810/$1800/$1770/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1840, any violation above will take to the next level $1853/$1860/$1877/$1912 is possible. It is good to sell on rallies for $1834-35 with SL around $1851 for TP of $1780. DISCLAIMER: ((trade based on your own decision )) <>
OANDA:XAUUSDLong
by Goldsignal75
2