FreshForex wants to congratulate you for taking some good profits on the previous setups, especially on GBPUSD where it yielded more than 100 pips on the selling setup. Let’s not hold our journey and carry on with future setups.
Looks like last week’s setups were mostly failed. With better money management when opening the trades, you won’t get a margin call. Carry on to the next setups
Revising setups on USDJPY, after the big drop on last Thursday, we can be sure that the current trend is going to be a down trend. Let’s see the price reaction when hitting this area.
Another one on USDCHF, another retracement on downtrend. We also see the target for selling and wait for the next move later.
Next is GBPJPY where I can see a good area for selling. A fakeout potential is seen below the said area. Wait and see.
GBPCHF is forming a same pattern. Fakeout can be seen below the supply area. You can either set a sell limit or wait for the confirmation.
Don’t miss this week’s webinar on FreshForex so that you won’t miss any of these simple analysis method and money management you can utilize on your own trading.
FreshForex congratulates you who took the setup on EURGBP that I posted couple weeks ago. Price went up to 150+ pips and that is our initial target. I will show you the update for it.
A good trade, indeed. I can say you can look for another buying opportunity since the down retracement didn’t create a new low.
Same pattern is happening in EURUSD where you can try to take buy position in this level. Low SL points below the area and target up to 100+ pips.
An insight about Gold currently staying at these levels. A huge range of sideway, indeed. You may try to look for a buying setup if the price didn’t broke the low level of the sideway.
GBPUSD is a bit different. You may take sell for a short period of time with a target between 30-50 pips.
Several setups on GBP pairs are seen and can be waited this week. GBPJPY is one of them with a fakeout potential near this sell limit.
You can also wait for a selling confirmation on GBPCHF where the same setup has been formed around the sell limit here.
Last but not least is EURGBP where you can notice the price is about to hit the support level that was once hit. We can anticipate a good buy again from this area.
Also don’t forget to take part in this week’s webinar in FreshForex website where you can see some further discussion regarding the moving market before the FOMC events later…
FreshForex congratulates you who took the setup trade on GBPNZD. Worked perfectly with a bit of negative floating for a day or two. Price went 300+ pips
Waiting for NFP this week, we’re going to look for some confirmation on these setups. Mostly major pair so you don’t have to worry about other pairs. Now, Gold for a selling confirmation on this area.
