Daily Forex trading with Price action strategies, pivots,fibos & supply and demand zones

[robertrfx]

AUD indicating 1.507X area with the broke of trend line.

View attachment 7602

Rejected at 1.0515X area and may heading down. Waiting for a good entry

 

[robertrfx]

However I am planning to buy EUR at 1.3000 area if price reach there. Atm price at 1.3076

I changed my idea to buy around 1.3XXX level and took a short trade instead. Waiting for my target at 1.288XX area.

 

[robertrfx]

UC Analysis

Missed a good long opportunity yesterday on UC. Bullish daily candle indicating further up. Waiting for a retracement to enter.

 

[robertrfx]

It is better to stay away from the market today due to NFP announcement. This will decide the direction of the market for this month. We also have several other fundamental announcements on the way. Play safe

 

[robertrfx]

I changed my idea to buy around 1.3XXX level and took a short trade instead. Waiting for my target at 1.288XX area.

View attachment 7614

Closed all my trades with more than 180+ pips on all EUR shorts.

 

[robertrfx]

EUR indicating continuation of uptrend with the rejection at 200 EMA. Need to confirm this further. May enter with a tight SL on next week. Lets see

 

[robertrfx]

GU also rejected at 200 EMA as EU. Very close to take my shorts. I would rather stay bearish on this pair. Lets see

 

[robertrfx]

We may have a slow market with low liquidity till the end of year as it usually does. Have a nice week end to you all.

 

[FringFX]

Not too low a liquidity since we still have a lot of exciting news coming up.

 

[robertrfx]

Not too low a liquidity since we still have a lot of exciting news coming up.

But low ATR. I am also expecting high liquidity to gain more pips. Wish you more pips mate.