Should price action for the EURUSD remain inside the 1.2900 to 1.2940 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.2920 Take Profit Zone: 1.3650 – 1.3690 Stop Loss Level: 1.2680 Should price action for the EURUSD breakout above 1.2940 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: 1.3650 – 1....
PaxForex added 160 pips in profits during the second trading week of September; one GBPUSD position was closed. Our third-quarter profit rose to 3,635 pips. 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-one open trading positions in our portfolio. We had the following five trading recommendations this week: Monday, September 8th – EURUSD September 8th 2014; Long @ 1.3600, 1.3475, 1.3385, 1.3280, 1.3180 and 1....
Should price action for the USDJPY remain inside the 106.90 to 107.30 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @107.20 Take Profit Zone: 101.40 – 101.80 Stop Loss Level: 109.20 Should price action for the USDCHF breakdown below 106.90 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: 101.40 – 101.80...
Should price action for Gold remain inside the 1,246 to 1,250 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1,248 Take Profit Zone: 1,310 – 1,314 Stop Loss Level: 1,225 Should price action for Gold breakout above 1,250 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: 1,310 – 1,314 Stop Loss Level:...
Should price action for the GBPUSD remain inside the 1.6080 to 1.6120 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.6100 Take Profit Zone: 1.6730 – 1.6770 Stop Loss Level: 1.5860 Should price action for the GBPUSD breakout above 1.6120 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: 1.6730 – 1.6770 Stop...
