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Low Risk trades in AUD/USD

A trade always look to make trades where in RR ratio is favorable and the probability of hitting the said RR is HIGH, the same opportunity is now offered in trading AUD.
Those who want to make a trade can safely buy AUD, as the image is self explanatory and TREND is UP, high risk traders can enter at current TOP looking to gain 20 to 25 pips.
Buying at levels marked in Green, Pink and Black will further increase RR ratio and in turn high probability of trade ending in Green Zone
Thank You
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350 to 400 #pips in GBP/USD #short

As we are tracking GBP/USD pair for another 2 to3 months a short term to medium term profitable trading ideas, we have identified sell zone and supper sell zone on 4H TF, Shorts can be build up in range 1.32 and 1.33 range with a stop of more than 100 pips over 1.33 range , the downside can be as much as 300 to 450 pips which can touch by this month end or in next 2 to 3 months.
Thus we are playing safely in Risk to Reward of 1:4 which is under normal forex trading professional standards.
Yeste…
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ZAR/JPY Good Risk to Reward currently for the pair


Just while scanning different currency charts on various higher TF's , got to see this pair.
Excellent Risk to Reward ration on Daily charts.
Stop can be placed just above the circle diameter.
TP's can be huge very huge, we might just enter this pair on demo, as on live we don't go beyond major's
Thank You
Happy Trading
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Trade Opportunites for 15 to 19 Aug


As already mentioned in previous post, we still have a good trading opportunity left in GBP, though we were looking that yesterday it will cross previous month low, but the momentum and volume both were in medium range so things did not work out as planned.
Few things we would be considering for trading GBP/JPY pair for coming week.
Going long is dangerous, though few might look for 15 to 20 pips profit in long positions
Short opportunity at level 134, 136 , 137 range with high RR ratio.
Above …
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Trading GBP/JPY on Higher TF

+ GBP after #Brexit has displayed a certain amount of weakness. The same has been verified with Fibonacci Number, It was a gamble while trading during the news but after that the short position were clearly been marked with Fibo retracement level no 1, also marked with down arrow and still the weakness continues. So wait for the next low,should be tested in this months itself, we will cover our shorts just below 0% retracement and change the Fibo Retracement accordingly for the next month build
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Weakness in Pound

I always prefer to trade on long time frame, though my nick name is thescalper I hardly scalp.
GBP will have a long time weakness with momentary, up where in we will again go short when the armatures will buy.
As per our understanding the GBP/USD should test and retest the previous month low where we might exit our shorts
A week before month ends, all should try to cover their shorts.
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Greece Tension Mounting

Future of EUR is been challenged by Greece economic tension, currently Greece is standing at edge of cliff, as they themselves want to jump down, as the default will not hurt much as compared to EUR itself and other European countries.
Currently IMF, EUR zone nations and Greece itself having a hard time, each one is considered as a player and has it own strategies and payoff (game theory by late Great John Nash). Greece is playing a hard ball game and testing the nerves of other players.
Greece …
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EUR/USD COT chart Analysis continued


In continuation of previous post, the recent COT chart is out and our analysis / opinion and suggestion is as follows.
As per the chart the long positions have not been change, while the only change is happening in short positions. The short positions have decreased for the recent chart, the closing price weekly has also increased a bit. The patter as off now indicates the EUR is on the verge of rise. So we are betting for long position. Again COT is powerful tool as the same time it is a laggi…
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EUR / USD COT chart

We for taking live position for trading the pair take help of COT charts, when the price is making move in flat channel may be on 4 hour chart or on Daily charts. The tool is lagging indicator and positions are to be build when you will be carrying the trade for weekly to monthly basis. When this COT chart is coupled with regular RSI could give wonderful insights, We normally use poly line on 4h chart / daily chart. Now coming to making a decision to trade this pair, Both non commercial per se …
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Supply > Demand as of now for EUR/ USD


In continuation of my previous article on outlook and tracking movement of EUR/USD for identidfying supply and demand levels. The EUR was making a move in channel (upward) with full cycles been made without shake out maintaining market movement along with momentum. Since then all upwards arrows were matched with downward arrows. Today since the weakness in EUR continued , the channel line been broken indicating more / new supply coming in. Downward arrows indicating that participants have put i…
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