Should price action for Gold remain inside the 1,195 to 1,205 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1,200 Take Profit Zone: 1,290 – 1,300 Stop Loss Level: 1,150 Should price action for Gold breakout above 1,205 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1,290 – 1,300 Stop Loss Level: 1,150...
Should price action for the USDJPY remain inside the 116.750 to 117.250 zone the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ 117.000 Take Profit Zone: 120.000 – 121.000 Stop Loss Level: 116.000 Should price action for the USDJPY breakout above 117.250 the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 120.000 – 121.000...
Should price action for the USDCHF remain inside the 0.9560 to 0.9580 zone the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ 0.9570 Take Profit Zone: 0.9770 – 0.9800 Stop Loss Level: 0.9470 Should price action for the USDCHF breakout above 0.9580 the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 0.9770 – 0.9800 Stop Loss...
Should price action for the EURUSD remain inside the 1.2400 to 1.2450 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.2420 Take Profit Zone: 1.3300 – 1.3350 Stop Loss Level: 1.2200 Should price action for the EURUSD breakout above 1.2450 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.3300 – 1.3350 Stop Loss...
PaxForex is proud to announce the restructuring of its forex portfolio two weeks ahead of schedule. The new composition has been put together with a strong growth year for 2015 in mind. All long-term underperforming positions have been erased with the exception of three positions which will be carried over. All our trades are focused on four currency pairs and one commodity and we will add positions to those trades according to our strategy. We currently have thirteen open trading positions in our portfolio. We had the following...