EUR/GBP Short and EUR/USD ShortEUR/GBP Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Trade
Bearish trend in hourly chart of MarutiThe hourly chart (timeframe I use for intraday trades) of Maruti is clearly bearish.
Candles are trading below 50 SMA and the manual trend is bearish as well.
There is a support at 12500 so I will sell once this is broken for targets of 12200 with SL above 12600.
#Educational purpose only
Bullish trade setup in REC LtdThere are 2 points to be noticed in the daily chart of REC Ltd
1. There was a breakout from the downtrend on 26th April
2. The resistance was broken on 2nd May but then we saw a selling pressure in the stock but the candle made today is a decent bullish candle and this could be a breakout as well.
Can buy for targets of 570 & 590.
Educational purpose only
GBP/USD Short, EUR/GBP Short and EUR/USD ShortGBP/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EUR/GBP Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CAD Long and AUD/NZD ShortAUD/CAD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/NZD Short
Minimum entry requirements:
• 1H impulse down.
• If 2 touch 15 min continuation, 5 min risk entry within it.
Forex Weekly Planning Session 28 Apr, 2024Plan your trades and trade your plan. The weekly planning session is one of the most important things you can do as a trader.
In this session, I analysed the Currency Index basket of the USD, EUR, GBP, CAD, CHF, AUD, NZD, and JPY.
The strength lies with the USD, the rest are still in a confirmed downtrend.
Buy ITC@ 440 avg@360 TGT 740/1105 sl below 260The company has declared the demerger of the Hotel business making the value unlocking. Also the global export in agri business is expected to have a greater boost with the war and flooding situation in middle east will boost the revenue and prices. Above mentioned targets can eb achieved short to medium term.
USDJPY Selling point longest selling trendline read the caption Japan FinMin Suzuki: Will Deal With Forex Appropriately But Declines To Say Whether Forex Moves Are Excessive
USDJPY breaks higher as inflation came at 1.7% down from 2.5% expectations, and 2.6% prev reading. Thats very interesting reading. Who would think of this data considering how expensive
Nzdusd head to go resistance with high accuracy read the captionThe NZD/USD declined towards 0.5871 on Tuesday reflecting a loss of 0.46%, despite. The pair's movements are largely influenced by the market’s adjustments of their expectations and the delay of a rate cut by the Federal Reserve (Fed) by year-end. Rising Treasury yields are also applying downward pressure on the pair.
On the data front, in March, Building Permits experienced a decline of 4.3%, dropping to 1.457 million, below both projected and February's figures. Housing starts also saw a significant drop of 14.7%, falling short of expectations at 1.321 million. However, industrial production for the same month rose by 0.4%, meeting expectations
EUR/JPY Short and EUR/USD ShortEUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Trade Recap and Missed Trade and EUR/JPY ShortEUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Long, AUD/NZD Short and GBP/CHF LongEUR/GBP Long
Minimum entry requirements:
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.