Should price action for the EURUSD remain inside the 1.2450 to 1.2470 zone the following trade set-up is recommended: Timeframe: H1 Recommendation: Short Position Entry Level: Short Position @ 1.2455 Take Profit Zone: 1.2355 – 1.2370 Stop Loss Level: 1.2500 Should price action for the EURUSD breakdown below 1.2450 the following trade set-up is recommended: Timeframe: H1 Recommendation: Short Position Entry Level: Short Position @ Retracements in the trend; sell orders during rallies Take Profit Zone: 1.2355 – 1.2370...
PaxForex has lightened their forex portfolio and continued to cut underperformers in order to position its account for growth free of drag in 2015. Over the next four weeks Paxforex aims to reduce more underperforming trading positions and replace them by adding new forex positions. 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 fifteen open trading positions in our portfolio. We had the following five trading recommendations...
Should price action for the GBPUSD remain inside the 1.5700 to 1.5725 zone the following trade set-up is recommended: Timeframe: H1 Recommendation: Long Position Entry Level: Long Position @ 1.5710 Take Profit Zone: 1.5810 – 1.5835 Stop Loss Level: 1.5650 Should price action for the GBPUSD breakout above 1.5725 the following trade set-up is recommended: Timeframe: H1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.5810 – 1.5835 Stop Loss...
Should price action for Gold remain inside the 1,190 to 1,200 zone the following trade set-up is recommended: Timeframe: W1 Recommendation: Long Position Entry Level: Long Position @ 1,195 Take Profit Zone: 1,700 – 1,765 Stop Loss Level: 995 Should price action for Gold breakout above 1,200 the following trade set-up is recommended: Timeframe: W1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1,700 – 1,765 Stop Loss Level: 995 Should...
Should price action for the USDJPY remain inside the 117.500 to 118.00 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 117.800 Take Profit Zone: 105.200 – 109.200 Stop Loss Level: 120.000 Should price action for the USDJPY breakdown below 117.500 the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ Retracements in the trend; sell orders during rallies Take Profit Zone: 105.200 –...
