General Points about GBPJPY: I would suggest setting the take profit (TP) level above 192.77 while following the bullish concept in the GBP/JPY market. Recent market trends indicate that buyers are maintaining control, pushing prices higher, and...
Intraday Forex Trading: Strategies, Techniques, and Key Considerations Intraday forex trading, also known as day trading, is a popular trading style where traders open and close positions within the same trading day. Unlike swing or position...
Currency pair GBPJPY - let’s consider the chart of the D1 period. The wave structure on this chart has a descending character. After the last wave of decline updated the minimum of the previous one at the beginning of February, the third wave...
I am currently analyzing the NZD/USD currency pair with the intention of opening long trades. My preliminary trading strategy involves entering the market from the 0.5715 level, targeting the 0.5778 level. I believe this setup is supported by the...
Impact of Spreads in Day Trading What is a Spread in Trading? In financial markets, the spread is the difference between the bid price (the highest price a buyer is willing to pay) and the ask price (the lowest price a seller is willing to accept)....
