fragile trading journal

Posts: 329 · #286 - August 02, 2021, 04:22:47 AM

GBP USD pair is very unpredictable these days. I don?t really like to trade on this pair now, but today I found a very nice entry, so I didn?t want to miss it. I have a sell trade around 1.38964 with the stop loss at 1.394 and the target would be 1.3745. Likewise, I have analysed this pair for my trade on the h4 time frame. There it shows a very nice bearish sign, and I?m sure it will drop from here and will surely get me the target. In the h4 time frame, it has broken below the trend line and will surely press the pair to move downwards.

Posts: 329 · #287 - August 02, 2021, 04:40:09 AM

Gold pair is giving us very nice sell signal I will be suggesting to sell gold around current price and the pair will surely get to 1794 before any further rise. Last week it went up and touched 1832 and the sharply get down. Today low level is 1808 and I?m sure will go down more. Best to sell on dips.

Posts: 329 · #288 - August 03, 2021, 05:27:38 AM

Gold is currently trading at 1810 level and yesterday it get to 1818 and then sharply fell now holding below 1825 is the best sign for sell. I would be suggesting sell trade from current price and the target would be 1793. Also on h4 time frame gold is trading below the channel which will sure push this precious metal to its support 1793. Best would be to sell on dips will hopefully get you good profit.

Posts: 329 · #289 - August 03, 2021, 05:29:49 AM

Gbpusd pair is moving in a very small range. And I have analysed this pair on h4 time frame. There this pair has broken the trend line and I?m sure it will go down first and then might rise. I will be suggesting sell trade from current price and the first target would be 1.3734. I?m already holding a sell trade around 1.3889 with the stop loss at 1.3945 and the first target is 1.3734. Wish you good luck.

Posts: 329 · #290 - August 05, 2021, 05:52:46 AM

I have sell trade on usdcad around 1.2525 with the stop loss at 1.2560 and my target would be 1.2412 level. I have analysed this pair for my trade on a daily time frame, and there it shows a short-term sell trade. It will get to the trend line before any further rise. Likewise, I?m already taking it short, and I?m sure it will drop to my target. In previous days it was trading in a bearish channel and now the channel is broken successfully but will surely touch the broken trend line for sure. Be careful this pair will bounce back sharply from its support 1.24101 level.
I will be suggesting sell for short term.

Posts: 329 · #291 - August 05, 2021, 06:08:58 AM

Hello everyone I hope you are all good. I?m going to share my analysis on eur usd pair. This pair is currently trading at 1.1832 level and I?m sure it will fly up fro my here. I have analysed this pair on daily time frame and there it shows very nice bullish signal. It has created head and shoulder pattern there so best would be to buy on dips and grab the profit. Also this week we have NFP news and that will bring good volatility in the market.