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Hello Forex Traders!
I hope all of you are fine and keeping good health.
Well, AUD/JPY currency pair short trade is now closed.
Target hit, profit booked and I am out of the market
with a +273 pips profit
AUD/JPY trade image is attached!
Kind regards,
-Muhammad Azeem
/go?link=https://www.readyforex.com
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Hello Traders
I hope all of you are fine and doing great!
Currently, I am holding a short trade in GBP/USD currency pair.
Now, let me explain why I am holding short trade along with entry,
stop loss and possible target levels.
::GBP/USD ::
My sell entry is 1.4712
My stop loss is 1.4793 (-81 pips risk)
My minimum possible target is below the recent low.
(possible +365 pips reward)
I will use trailing stops and exit strategies to close my trade.
The reason behind taking short trade in GBP/USD is that market
is currently hitting 200 Exponential Moving average in 4 hours.
Below is a GBP/USD short trade screen shot.
Kind regards
Muhammad Azeem
Free Elliott Wave Forex Newsletter via email - Daily!
Hello Traders
I have closed my GBP/USD short trade.
+177 pips profit
Below is a GBP/USD short trade screen shot.
Kind regards
Muhammad Azeem
Free Elliott Wave Forex Newsletter via email - Daily!
Hello Traders
I hope all of you are fine and doing great!
Currently, I am holding a long trade in GBP/USD currency pair.
Now, let me explain why I am holding long trade along with entry,
stop loss and possible target levels.
::GBP/USD ::
My buy entry is 1.5497
I have moved up my stop loss and locked +23 pips profit.
My minimum possible target is above the recent high (1.5659)
(possible +165 pips reward)
I will use trailing stops and exit strategies to close my trade.
The reason behind taking long trade in GBP/USD is that market
provided a tri-angle break out pattern. We also got the hit at 200 Exponential Moving average in 1 hour.
Below is a GBP/USD long trade screen shot.
Kind regards,
-Muhammad Azeem
Forex Elliott Wave Forecast - Free Elliott Wave Analysis Newsletter
===================================================
Hello Traders
I hope all of you are fine and doing great!
::GBP/USD ::
I have closed my buy entry with +40 pips profit
Screen shot attached.
Kind regards,
-Muhammad Azeem
Forex Elliott Wave Forecast - Free Elliott Wave Analysis Newsletter
=============================================
Hello Traders
I hope all of you are fine and doing great!
Currently, I am looking for a sell trade in AUD/USD currency pair.
Now, let me explain why I am looking for a short trade along with possible entry, stop loss and possible target levels.
::AUD/USD ::
Trend is bearish in 1 hour time frame.
Price is printing lower highs and lower lows.
We have bullish divergence with RSI.
So, I am waiting for an upside pull back in this down trend.
Below is a AUD/USD possible short trade screen shot.
Kind regards,
-Muhammad Azeem
Forex Elliott Wave Forecast - Free Elliott Wave Analysis Newsletter
======================================
Hello Traders
I hope all of you are fine and doing great!
Currently, I am waiting for a sell trade in AUD/USD currency pair.
Now, let me explain why I am looking for a short trade along with possible entry, stop loss and possible target levels.
::AUD/USD ::
Trend is bearish in 1 hour time frame.
Price is printing lower highs and lower lows.
We have bullish divergence with RSI.
So, I am waiting for an upside pull back in this down trend.
Once price hit 200 periods EMA then I will look for a bearish candlestick pattern.
Below is a AUD/USD possible short trade screen shot.
Kind regards,
-Muhammad Azeem
Forex Elliott Wave Forecast - Free Elliott Wave Analysis Newsletter
=================================================
Hello Traders
I hope all of you are fine and doing great!
Currently, I am looking for a short trade setup in AUD/USD currency pair.
Now, let me explain why I am looking for a short trade along with possible entry,
stop loss and possible target levels.
::AUD/USD ::
Trend is bearish in 1 hour time frame.
Price is printing lower highs and lower lows.
We have bullish divergence with RSI.
So, I am waiting for an upside pull back in this down trend.
Once price hit 200 periods EMA (red color moving average)
then I will look for a bearish candlestick pattern.
Below is a AUD/USD possible short trade screen shot.
Kind regards,
-Muhammad Azeem
Forex Elliott Wave Forecast - Free Elliott Wave Analysis Newsletter
===============================================
Hello Traders
I hope all of you are fine and doing great!
Currently, I am holding a sell trade in USD/CHF currency pair.
Now, let me explain why I am holding a short trade along with entry,
stop loss and possible target levels.
::USD/CHF ::
Trend is bearish in 1 hour time frame.
Price is printing lower highs and lower lows.
Price hit the 200 period EMA.
We also got bearish Japanese Candlestick pattern around 200 EMA.
So, I took a short trade.
I have moved my stop loss down and now I am using a +2 trailing stop.
My target is below the previous low (0.9551) and possibly more down.
Below is a USD/USD sell trade screen shot (image attached).
Kind regards,
-Muhammad Azeem
Forex Elliott Wave Forecast - Free Elliott Wave Analysis Newsletter
=================================================
Hello Traders
I hope all of you are fine and doing great!
Currently, I am watching a break out in EUR/USD
currency pair in daily time frame.
::EUR/USD::
Trend is bullish in daily time frame but I am looking at a key
resistance level. A clear bullish candlestick close above 1.3497
resistance level is going to provide us more up side.
Otherwise expect a false break and a down side reversal
in EUR/USD currency pair.
Below is a EUR/USD screen shot (image attached).
Kind regards,
Muhammad Azeem
Forex Elliott Wave Forecast - Free Elliott Wave Analysis Newsletter
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