Please remember that we want the candle body to close above or below the new defined range for validation to enter the trade. Avoid getting caught in a trade with some of those wicked wicks!
Also, remember to set your trailing stop around 25 pips (using previous support resistance will give you best results). Majority of these trades reach 50 or more pips, but protect your profit in case the trade turns around.
SL is set at the opposite side of the new defined range.
New Defined 4H Ranges:
NZDUSD – 0.716269 – 0.712008
AUDUSD – 0.775747 – 0.771570
USDCHF – 0.921959 – 0.917568
EURUSD – 1.199697 – 1.195328
- We experienced our initial correction or retracement
- Possible deeper correction, watch for opportune short entries
- Potential consolidation period
- Key Levels – 0.720052 – 0.709537
- Overall long trend however we are currently in a consolidation period
- Created lower high and lower low…potential for a short reversal in the upcoming weeks
- Key Levels – 0.778645 – 0.769253
- Long Trend Overall
- May experience a retracement or correction
- Key Levels – 0.924967 – 0.918813
- Currently in consolidation period
- Key Levels – 1.200422 – 1.192305
- Overall Long Trend
- Potential Trend Reversal in upcoming weeks
- Potential consolidation period
- Key Levels are 1.38645 and 1.368866
Cheers to another successful week!
Hugely Popular Forex Robot / Expert Advisor. Forex Robot Is 100% Mechanical So Perfect For New Traders. Easy To Set Up Forex Robot With Great Profits. Ideal For Short And Long Term Forex Traders. Killer Website Yields Very High Conversions.
New Physical Forex Trading Product From Master Trader Russ Horn
51% Affiliate Commissions! This Product Is A Forex Metatrader4 Indicator. Even If Any Market Environment (uptrend, Downtrend, Sideways Trend), Even If Any Currencies, Even If Any Timeframe, This Indicator Can Benefit From The Forex Market.
New Physical Forex Trading Product From Master Trader Nicola Delic
High Converting $47 A Month Forex Trading Course & Forex Mentoring: Monthly Commissions For Life Of Member! Or 50% Commission On Our $197 Oto Upsell Making You Big $$$! Now With Live Forex Training. Go To: www.forexmentorpro.com/partners
Forex Signals With Proven Success, Verified Forex Results And 5* Rated On Trustpilot.com. We Offer A Free Forex Signal Trial Which Leads To Great Conversions. Our Forex Trading Signals Have Very High Retention Rates. 50% Commission On $85/ Month Recurring
Market Commentary 5-31-2020 - USDJPY NZDUSD EURGBP GBPCAD GBPJPY CADJPY AUDUSD USDCHF EURUSD GBPUSD
This video was uploaded for Slick Trade Sapphire members on 5-31-2020 before market open. Although many have already reached their TP levels, we still ...
Results of AUDUSD Daily Market Commentary
Results of AUDUSD Daily Market Commentary Learn more at http://www.SlickTrade.net Like, Share, Comment Subscribe 🙂 #forextrading #nadextrading ...
Market Commentary Forex Signals Results 4-21-2020
Learn more at http://www.SlickTrade.net Like, Share, Comment Subscribe 🙂 #forextrading #nadextrading #forexstrategies #nadexstrategies #onlinetrading ...
NPF FOMC News Straddle Strategy for Forex and Nadex
NPF FOMC News Straddle Strategy for Forex and Nadex Learn more at http://www.SlickTrade.net Like, Share, Comment Subscribe 🙂 #forextrading ...
"Sausage & Sushi" Daily EUR JPY trading strategy for Asian Session on Nadex
"Sausage & Sushi" Daily EUR JPY trading strategy for Asian Session on Nadex - Presented by Krystal Comber Learn more at http://www.SlickTrade.net.