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Ahmed Galal

Egypt, Cairo

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male

July 5

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Member since:	February 19, 2016
Last Visit:	January 25, 2019
Friends:	253

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NZD/CAD Bulls trying to take the control hardly

Ahmedgalal Posted 6 Feb. in #Trader's blog

NZD/CAD
NZD/CAD is look like it's going up again after ending the correction, the price now is facing the resistance @ 95.715 and trying to break it hardly, if the price able to break the resistance @ 95.715 today (06-02-2017) and a daily candle closed above the resistance @ 95.715 then we have a long trade.
and as usual we'll wait the price to retest the resistance @ 95.715 (which will become a new support) to reduce the stop loss
The Trade Setup :-
Trade = Buy
Trigger = Daily Candle Close abo…

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Short GBP/JPY

Ahmedgalal Posted 5 Feb. in #Trader's blog

GBP/JPY broke out the support level @ 141.20 which could be work now as a resistance to push the price down to the next support level @ 139.40
so we wait the price to retest the broken support.
The trade limitation :-
Trade : Sell
Entry = 141.210
Stop = 142.090
Target = 139.400
Pips Target = 181 pips
Note :- once the price breakout the level 140.40 and a daily candle close below it, you can move the stop loss to the break even

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