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Australian Dollar vs Singapore Dollar

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AUDSGD trade ideas

Aud/Sgd Short idea in the making!We made a new low and started new trend! **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!
Short
by Cidoguy
LA SMA 200 ACTUANDO COMO RESISTENCIAUna resistencia se define como una zona de precios a partir de la cual la cotización del activo tiende a no seguir subiendo y tiene una ventaja estadística de que rebote y baje. Es lo que la Media Movil de 200 sesiones a precio de cierre está haciendo en estos momentos en el Par de Forex AUD/SGD. A nivel Fundamental, a medida que China se recupere, resultado de retomar su producción veremos un vuelta a la calma a las divisas de Economías colindantes. No obstante calma, lo óptimo es que el precio se encuentre sobrecomprado y tengamos un estancamiento de precio por ejemplo en forma de Doji activando Escape Bajista.
Short
by D_A_GLOBAL_INVESTMENTS
AUDSGD Long Trade - Limit Entry 0.915Stop Loss = 0.90483 / Take Profit = 0.9455 > Coupled with a 1% risk and 3% reward. Once the trade reaches a 1:1 point move SL in front of the entry to protect the downside. If it takes you out we can always re enter at another opportunity. As the trade progresses i will comment every change to show you how i make to maximize profits. Remember Risk/Reward is the key, we will take losses along the way but overall profit in the long run. If you enjoy follow and like my ideas and if you have questions message me. Keep Chasing that Paper!!!
Long
by PaperChaser12
1