Saturday, February 03, 2018

How to trade like banks and institutions & make a living trading forex

Banks and institutions forex trading I've added best of the videos from you tube to clear the doubts and approach on how to trade like banks & financial institutions.

Price action analysis of canadian dollar against us dollar



Usd/cad approaching crucial area of 1.2600. I would like to see the reaction as this area had strong pushes up and down on weekly and looking at h4 reaction has already started & approach to area can result in strong sell-off.


Sell usd/cad pending sell @1.2600
Stop @ 1.2635
Target 1.2480

Thursday, February 01, 2018

Price Action analysis of eurdollar Forex Technical update

Hi Readers,
Euro has managed to hold the area above 1.2450 & looking good to test another crucial resistance and psychological level around 1.2600
For price action traders it is quite necessary to look for reward to risk & price is reacting to previous highs but as we are approaching NFP today, I am expecting and going with the recent approach to high.
You can wait for the release of Non-Farm payroll or you can take small risk but make sure that you protect your entry with protective stops.
Buy Euro/usd 1.2480
Stop 1.2435
Target 1st 1.2580
Second 1.2650

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