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SINGAPORE DOLLAR / U.S. DOLLAR

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SGDUSD trade ideas

Testing channel top , Potential Short coming Hello Traders , We are looking at daily chart and ascending channel pattern , Price is currently testing top of channel , from where it may face rejection and move lower to retest support levels. In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan . Follow us for more updates..
Short
by AariTech
USDSGD 4h AutoUFOs™ Trade Alert! 11 March 2020Basic Approach: -Long Entry @ 1.3860 -Protective Stop Loss @ 1.3820 -Take Profit @ 1.3900 Rationale: -Buy Un-Filled Orders (Green UFO ) available in the 4h time-frame -Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing Boosting Options: -Trade in the direction set by the overall Market Environment -Select Take Profit Targets located at a reasonable/achievable distance -Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price -Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO -Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction -------- They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled. Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions. Disclaimer: We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
Long
by UnknownUnicorn3937504
USDSGD sell on H4Plan : wait for prices to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
2
USDSGD 1h AutoUFOs™ Trade Alert! 9 March 2020Basic Approach: -Short Entry @ 1.3835 -Protective Stop Loss @ 1.3865 -Take Profit @ 1.3775 Rationale: -Sell Un-Filled Orders (Red UFO ) available in the 1h time-frame -Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing Boosting Options: -Trade in the direction set by the overall Market Environment -Select Take Profit Targets located at a reasonable/achievable distance -Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price -Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO -Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction -------- They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled. Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions. Disclaimer: We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
Short
by UnknownUnicorn3937504