Should price action for the USDCHF remain inside the 0.9330 to 0.9370 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 0.9350 Take Profit Zone: 0.8760 – 0.8800 Stop Loss Level: 0.9540 Should price action for the USDCHF breakdown below 0.9330 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: 0.8760 – 0.8800...
Should price action for the EURUSD remain inside the 1.2930 to 1.2970 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.2950 Take Profit Zone: 1.3660 – 1.3700 Stop Loss Level: 1.2740 Should price action for the EURUSD breakout above 1.2970 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: 1.3660 – 1.3700 Stop...
PaxForex had a solid start to September with 1,235 pips in profits; one gold position was closed for a profit of 1,235 pips and we added to forex positions were we are prepared for a sharp rebound in our portfolio. Our third-quarter profit rose to 3,475 pips. We currently have twenty-two open trading positions in our portfolio and expect to add to them in the coming trading week. We had the following five trading recommendations this week: Monday, September 1st – EURUSD September 1st 2014; Long @ 1.3600, 1.3475, 1.3385, 1.3280, 1...
Should price action for the USDCHF remain inside the 105.10 to 105.50 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 105.30 Take Profit Zone: 101.20 – 101.60 Stop Loss Level: 107.00 Should price action for the USDJPY breakdown below 105.10 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: 101.20 – 101.60...
Should price action for Gold remain inside the 1,266 to 1,270 zone the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ 1,268 Take Profit Zone: 1,314 – 1,318 Stop Loss Level: 1,246 Should price action for Gold breakout above 1,270 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: 1,314 – 1,318 Stop Loss Level: 1,246...
