Hey there lovelies,
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
This week, I will be concentrating on pairs with both bullish and bearish trend trading opportunities. Remember to have a trading plan and to trade that plan (i.e reasons for an entry and most important an exit). If you miss an opportunity, DO NOT chase the dragon it will always in one way or another be a losing battle for you. As always, remember the trend is your friend until it bends :-)
1) #AUD/NZD(Daily) - This little cutie continued her merrily way up and down the yellow brick road of consolidation. So same as last week, I will offer two techniques of trading. 1) If given a bullish opportunity between (1.10-1.09) plan to go long (buy) and hold on this pair back up towards the 1.14-1.16 and/or above. 2) If given the opportunity go short (sell) upon last week's close at Monday's open with a projected target between (1.10-1.09), then go long (buy) at this week's low back up towards the top of the consolidation range.Expect at least 300+ pips on this sweet ride for this week.
2) #EURAUD(Daily) - Last week, this girl made her first lower high & low indicating a potential re-tracement back down to the red light district known as the 1.56-1.55 zone of support before continuing her bullish ride.If given a bullish opportunity at (1.56-1.55) take a long (buy) entry on this pair back up towards 1.62 and/or above range. Depending on your position, expect at least 300+ pips profit from this feisty gal this week.
3) #GBPAUD (Daily) - Last week this pretty girl managed to get low and touch her toes at 2.1375 before ending her weekly close around 2.16. If given a long (buy) opportunity this week between 2.15-2.14 plan to go long and hold towards 2.20 and/or above. Expect at least 300+ pips out of this spice girl.
4)#EURNZD (Daily) - Last week this weary girl continued making new weekly highs and lows but barely, so trade her carefully. If given a long (buy) opportunity this week between 1.755-1.74 plan to go long and hold towards 1.87 and/or above. Expect at least 300+ pips out of this spice girl.
Xoxo, Deuces :-*
Hey there lovelies,
**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **
So... did you miss me yet?! :-) I've sorry I haven't made much time to post my weekly analysis. I've been really busy focusing a lot more on my nursing studies than forex, but of course I'm still trading and have missed blogging for you guys. Here is my analysis on several #forex currency pairs for this week. This week, I will be concentrating on pairs with both bullish and bearish trend trading opportunities. Remember to have a trading plan and to trade that plan (i.e reasons for an entry and most important an exit). If you miss an opportunity, DO NOT chase the dragon it will always in one way or another be a losing battle for you. As always, remember the trend is your friend until it bends :-)
1) #AUD/NZD(Daily) - This little cutie continued her merrily way up and down the yellow brick road of consolidation. This week I will offer two techniques of trading for this sketchy gal. 1) If given a bullish opportunity between (1.10-1.09) plan to go long (buy) and hold on this pair back up towards the 1.14-1.16 and/or above. 2) If given the opportunity go short (sell) upon last week's close at Monday's open with a projected target between (1.10-1.09), then go long (buy) at this week's low back up towards the top of the consolidation range.Expect at least 300+ pips on this sweet ride for this week.
2) #EURAUD(Daily) - Last week, this girl continued her weekly coast of making higher highs & lows. Expect a possible re-tracement of 100-200+ pips this week. If given a bullish opportunity at (1.583-1.575) take a long (buy) entry on this pair back up towards 1.65 and/or above range. Depending on your position, expect at least 300+ pips profit from this feisty gal this week.
3) #GBPAUD (Daily) - Last week this pretty girl continued making new weekly highs and lows. If given a long (buy) opportunity this week between 2.17-2.168 plan to go long and hold towards 2.20 and/or above. Expect at least 300+ pips out of this spice girl.
Xoxo, Deuces :-*
