Hello Babypippers,
Here is the forecast for 5th August,
- Eur/Usd
Trend :- Bearish
- Gbp/Usd
Trend :- Bearish
- Usd/Yen
Trend :- Bullish
- Usd/Chf
Trend:- Bullish
- Nzd/Usd
Trend :- Bearish
- Aud/Usd
Trend :- Neutral
- Eur/Gbp
Trend :- Bearish
Setups for Entry/Exit:-
Time Frame :- 15 min/30 min Chart only for Intraday
Entry :- For the pair which is bearish, you will wait for upward stophunt. Stochastic & Rsi are the indicators which you can use to identify the overbought condition for the respective day.
Exit :- Use Stochastic or Rsi to exit when you see the pair is over sold.
Note :- RSI around 70 to 80, you can see the pair at overbought condition.
Stochastic will be near or above 80.
Please let me know how you want the forecast to be, a daily trend is enough or you will be happy if i give you a range where you can expect setup’s?
Suggestions are welcome.
@moderators: Am not sure if am allowed to embed a video. Please let me know if it i can.
Cheers,
Tarun