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- How to improve news trading strategy
Hi, newbie here. I started learning fx trading few months ago, and burnt my $1000 account. I was ...
Just closed 3000 point profit shorting gold USD , I see potential resistance around 1182.86, not sure what the price will do. If it goes further down for sure I'll continue shorting image
Was looking at AUDCAD weekly for the first time and boy was it a beauty.. this support resistance line was just like in textbook. I guess this means I'm going short..
Looking at below weekly chart I've decided to ignore Crimean crisis and test the 2 year resistance @ 1.38802. Short we go..
ok the support I identified previously seem to work. Fingers crossed price keep going up. My target is the yellow arrow area
I see a possible support area on H1 on the blue rectangle area? Should I go long here or wait if it's broken and go short?
Saw a potential support on 30min chart. Going long, let's see what happen
Not a scalper here, just an interday newbie. Looking at daily chart I am betting short. Hoping for 1.64 range by next week or so image
USD unemployment claim data last night was very hard to trade. Lost 160pt. Entered at 15.30bar at 1.32686 (A), 1st bar show a swing downward but it never materialize. The opposite swing got me at 16.08 at 1.32846 (B) image
Thanks all for the replies. I used 1m chart now. Just managed to profit 292pt from AUD unemployment announcement (0430 GMT+3). image I entered short at 0430 bar at 0.93301 (A) and closed at 0431 bar at 0.93009 (B). Maybe I should have waited some ...
Thanks guys for the recommendations. I tried another news trade last night for USD Non-farm Employment Chg and Unemployment Rate and again premature stops got me. I entered at the first bar in the blue region (time = 15:30), 1 lot long pos at ...
Hi, newbie here. I started learning fx trading few months ago, and burnt my $1000 account. I was ...