Should price action for the USDCHF remain inside the 0.9600 to 0.9650 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 0.9630 Take Profit Zone: 0.8800 – 0.8900 Stop Loss Level: 0.9800 Should price action for the USDCHF breakdown below 0.9600 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: 0.8800 – 0.8900...
Should price action for the EURUSD remain inside the 1.2525 to 1.2575 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.2550 Take Profit Zone: 1.3700 – 1.3975 Stop Loss Level: 1.2400 Should price action for the EURUSD breakout above 1.2575 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: 1.3700 – 1.3975 Stop Loss...
PaxForex has started to streamline its portfolio and closed nine trading positions while adding four more. Over the next six weeks Paxforex aims to reduce trading positions which were taken over eight weeks ago and adding new 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 twenty-three open trading positions in our forex portfolio. We had the following five trading recommendations this week: Monday, November 10th...
Should price action for the GBPUSD remain inside the 1.5625 to 1.5660 zone the following trade set-up is recommended: Timeframe: H1 Recommendation: Long Position Entry Level: Long Position @ 1.5660 Take Profit Zone: 1.5900 – 1.5925 Stop Loss Level: 1.5525 Should price action for the GBPUSD breakout above 1.5660 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: 1.5900 – 1.5925 Stop Loss...
Should price action for Gold remain inside the 1,155 to 1,165 zone the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ 1,160 Take Profit Zone: 1,255 – 1,265 Stop Loss Level: 1,110 Should price action for Gold breakout above 1,165 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: 1,255 – 1,265 Stop Loss Level: 1,110...
