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pro4Xtrader

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Everything posted by pro4Xtrader

  1. I think the most important of all is DISCIPLINE From my experience this is the key factor for success in trading
  2. Interesting setup on NZDJPY. The long term picture looks pretty bearish, while in short term pair facing no resistance, while the support has been rejected. It could be a good long trade for approximately 100 pips potential gain. Soon we’ll find out.
  3. According to my analysis USDJPY eventually should move lower. However at the same time while the new cycle begins it could trigger a correctional move up for about 200-300 pips. Need to watch current support.
  4. can correct now or continue up. lets see
  5. NZDCHF after forming a double top has very high probability of correcting down. I think we’ll hit 0.7235 by 23rd of April… yea we could see pretty fast drop.
  6. US Oil – WTI just hit my upside target at 56 USD for a barrel. Not its an interesting level that should be monitored. Breakout above should trigger further extensions up while if rejected correction will take place.
  7. Although GOLD long term uptrend could have started, on the smaller timeframe it looks like it should correct back to 1168.
  8. Clearly there is a long term uptrend on GBPAUD that appears to be still valid. I am expecting rate to continue rising targeting 1.9737. Target should be reached either by 7th of May or 7th of June.
  9. The EURUSD still looks very bearish and it just hit previous support area which is now should act as a strong resistance. Overall I’d expect it to drop to 1.0434 by 23th of April
  10. In regards to WTI it has further upside potential and should test 56 within approximately 1 week.
  11. The latest idea is on CHFJPY it appear to have some upside potential along with all JPY pairs, especially USDJPY
  12. Here is NZDCHF idea that is poiting pretty much down for the pair, let me know what you think
  13. Also, look at the NZDUSD Has very similar scenario like EURUSD just a little more downside potential, around 250 pips
  14. Ok so lets get started, first is the EURUSD that looks very bearish still. There should be the final wave down of around 200 pips before/if it will start rising mid/long term. here is how I see it
  15. Hello fellow traders! This is my first post and I would like to start a trade journal where I can share my trading ideas where I am always open for any comments, feedback and suggestions. The reason this thread called "high probability" is because I'll try to share only cherry picked setups here. Hope this will be a hot and friendly thread! Regards,
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