Navigating the AUD/USD Chop: My Daily Trading Outlook. As I review the charts today, the AUD/USD pair is actively trading around the 0.7161 level. Technical Analysis: From my perspective, we are navigating a distinct period of consolidation. The...
I like higher timeframe support and resistance levels. I usually enter immediately at levels which confluence with lower timeframes as well. Usually, it is enough to give good profits before it decides to continue in my trade direction or against...
Theoretically, trading has 50% chances of winning or losing, and I think confirmation is how we can increase that chance to our favor. I personally like using multiple systems based on higher or lower timeframes. I use MACD divergences as well to...
Here’s a technical and fundamental analysis of EUR/USD on the H1 timeframe, based on the chart data provided, followed by a trade setup summary. The H1 chart for EUR/USD shows a clear bearish structure after a rejection from the 1.18510 zone. Price...
Silver Gold Ratio Trading Strategy Institutional Relative Strength Framework Instead of trading Gold and Silver independently, professional traders analyze their relationship using the: Gold–Silver Ratio (GSR) Formula: Gold Price ÷ Silver Price...