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Trade setups forex

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trade setups forex

At the start of each trading session, you will receive an email with the author's new posts. The EURUSD trade still in a downtrend overall, however, over the last few weeks price has made a strong push to the upside and is now trading just below 1. Notice the bullish pin bar reversal that formed last Wednesday; if price can break above that key resistance at 1. Buying this pair right now is certainly a higher risk play, as it's against the trend, but it's worth considering this week given the recent bullish surge upward push. However, given the long-term downtrend in place on this pair, we would also consider selling up near that 1. Last week, we saw the GBPUSD consolidate, basically going nowhere as it trades between 1. There is still a downtrend in place in this pair, and we prefer to trade with the trend, however it's worth noting that price is testing a recent support near 1. Should price break under that support, setups would be actively looking for sell signals, but if price reaches support near 1. We will be on the look-out for a sell signal as the market enters into these strong resistance zones between 0. After the Gold market held the key support at If price can remain above that support zone, we still see potential for upside into Traders could consider buying on weakness or on a clean buy signal this forex. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold anybody responsible for loss or damages resulting from the content provided here by learntotradethemarket. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't forex to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results CFTC RULE 4. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the trade associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Opinions expressed at FXStreet are those of the individual authors and do setups necessarily represent the opinion of FXStreet or its management. FXStreet has not verified trade accuracy or basis-in-fact of any claim or statement made by any independent author: Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does forex constitute investment advice. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Show navigation FXStreet User Settings. LATEST FOREX NEWS Latest News Institutional Research. TOOLS Economic Calendar Interest Rates Market Hours. TOP EVENTS Nonfarm Payrolls FED BoC ECB BoE SNB BOJ RBA RBNZ. SECTIONS Shows Schedule Become Premium. SECTIONS Forex Brokers Broker News Broker Spreads. TOOLS Live Chart Rates Table Trading Positions Forecast Poll. Close alert Thanks for following this author! Close alert You've unfollowed this author. You won't receive any more email notifications from this author. Filter by setups or author in Analysis Results. Weekly Forex Trade Setups: EURUSD, GBPUSD, AUDUSD, Gold - January 16th to 20th

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5 thoughts on “Trade setups forex”

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