Dollar & Usd/chf approaching Crucial selling Zone Ahead of FOMC meeting on Wednesday

We are waiting for much awaiting FOMC meet tomorrow & people are awaiting the policy changes and Rate Cut But I dont bother such annoucements as markets are already priced in for moves like such big event.

Guess! Who provide liquidity ?

Banks, Hedge fudns & institutions & they already know what lying ahead .

Usd/chf Chart tell us a different story

I would surely look around breach of area. We see there are couple of strong moves on the left & down . Both sides approach is quite panicful with so many things happening around & people are awaiting for price action & FOMC to give market direction to be more precise with easing & Rate cuts in the coming weeks & months . It just could be a start for overall bear market for both stocks & U.S dollar futures.

I'm not a bit too fundamental lover but rather I try to pinpoint such entries which gives you and an edge over different market conditions and that is why I always look for such charts which signals reversals or continuation with small risk. I would soon post my Fxbook link here to tell you the growth rate & formula which I use .

My max number of trade in a quarter is 4 & in a year is 12 & I target anywhere around six times of return on remaining capital.

Calculation of Risk management & Risk to reward

Let's start with a capital of $200 with risk 10 percent & profit six times of risk.

$20 for a target of $120 atleast (Assuming you are risk 10 pips per trade & targeting sixty pips per trade ! Do we need to risk more ! Ask yourself after scroll through the blog for few days )

Now you have $320 total capital

(If you manage to win first trade which I most often do )

Total you have $320 (With max three trades in a quarter ) Now risk 30% to get 180% Let say $100 to get $600

We loss the first one and win the second So total overall we have $320-$100 =$200 +$600=$800 (Now lets trade another one in third quarter with 30% Risk & six time reward)

Total Now we have $240*6=$1500 +$800 ( Captial) = $2300 Do we need to trade in forth quarter ( If yest then Only Risk 20 %) which comes around exactly at $450 & target $2700

If we manage to won that one also then our ending captial would be around $5000 Start with $200 & earn $5000 in one year is amazing performance . Return of over 20 times.

Next year start with $1000 & repeat the process & I can promise you get 30 times return & then so on.....Learn the trick & see where you can reduce the risk & where you have edge on the market. & keep commenting & subscribing for complete free guidance.

Update on 6th August 2019

As I update above, about usd/chf selling, look how price has reacted to the zone of 0.9970 area & fallen more than 300 points in three days. I would keep the blog updated and mean time you keep scrolling & commenting on what you expect of future price action on any pair

In the meantime here is again the chart update of usd/chf

Usd Franc Upate Possibly eyeing 0.9931 source of the origin for the next leg down

Check The Usd/chf chart here

Technical analysis with an edge Trade Idea gbpjpy

I would like to explain this with better explanation with more charts through the weekend to help you understand better the trade idea and stops with potential targets.

Next One

I would like to explain the reason behind the second chart failure to engulf was seen below the source of first engulf and finally when it was engulf it hold on to price and location S/R flip twice & that was good reason to set sell limit around the area of first locationo of S/R flip.

Tricks were played out twice & I would explain the reason behind trapping traders and how to locate these areas with limit orders. Stay tuned for more charts of this type & learn the art not trading.

Why I called forex Liquidators the world's best Trickers

You hear it right !

I use to call Forex liquidate providers the world's best tricker & reason being they always suck orders from market & then give it a go when there are no need to rush & price turns exactly opposite direction when turn comes to safe entries.

Let's speak in Charting language

Will come back to that once orders get picked.

Order did not manage to get excecuted but still I've pending orders at the level which will remain Activate till Monday U.S Session close.

Techncials update of Aud/usd

Take a look at the chart first. Price is reacting to the zone and I would expect that zone will hold as .7089 area is the strongest of support turned resistance and ultimate target will be 120 pips & stops around 30 pips higher.

Trade Well & Best of luck USD bulls.