Trader456's trading ideas - page 24
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Good resistance at 1.4216
CCI and Williams have signal sell
Sell EURUSD at 1.4178
Stop level at 1.4245
Target level at 1.4088
Good resistance at 1.4216CCI and Williams have signal sellSell EURUSD at 1.4178Stop level at 1.4245Target level at 1.4088
Target level is reached at 1.4088, profit is 90 pips.
EURUSD is still trading in a downtrend
EURUSD has broken 1.4000 support level, hence it may go down further
Sell EURUSD at 1.4010
Stop level at 1.4066
Target level at 1.3876
EURUSD is still trading in a downtrendEURUSD has broken 1.4000 support level, hence it may go down furtherSell EURUSD at 1.4010Stop level at 1.4066Target level at 1.3876
Support seems to be forming at 1.3950, so decide to take profit.
Bought back EURUSD at 1.3958, profit is 52 pips.
Original trade:
Sell EURUSD at 1.4010
Stop level at 1.4066
Target level at 1.3876
AUDUSD has a support at 0.8750
Bollingerband and MACD are turning towards buy signal
Tomorrow Reserve Bank of Australia is likely to increase interest rate, so this will provide support to AUDUSD
Buy AUDUSD at 0.8836
Stop level at 0.8745
Target level at 0.8986
RBA is going to announced interest rate decision in the next few hours.
Price may go up or down drastically after the announcement, we do not want to take risk.
Closed our position at 0.8916, profit is 80 pips.
Original trade:
Buy AUDUSD at 0.8836
Stop level at 0.8745
Target level at 0.8986
Good support at 0.8750
MACD and Bollingerband has signal buy
Buy AUDUSD at 0.8804
Stop level at 0.8740
Target level at 0.8895
Market looks pretty unstable. I decide to close off my position before I go to sleep. Closed at 0.8834, profit is 30 pips.
Original trade
Buy AUDUSD at 0.8804
Stop level at 0.8740
Target level at 0.8895
Buy AUDUSD at 0.8871
Stop level at 0.8800
Target level at 0.8990
EURUSD is looking weak and may pull AUDUSD down. I do not want to take chance. Closed my AUDUSD at 0.8892, profit is 21 pips.
Original trade:
Buy AUDUSD at 0.8871
Stop level at 0.8800
Target level at 0.8990