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EURGBP

eurgbp-h1-egm-securities-limited.png

EURGBP is currently rallying around 0.87093. On the 1 Hour Chart , the previous  candle closed below the previous  52 Period Exponential Moving Average. 
 This is a possible Indication that we are in an active Down trend . This trend is supported by the fact that the price is below the previous day's Lowest Low 0.88109
. While we continue to see a sustained move below 0.88109 we expect a surge much lower with an Ideal Target at 0.88109. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 0.88109

 

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EURJPY

eurjpy-h1-egm-securities-limited.png

EURJPY is currently rallying around 117.704. On the 1 Hour Chart , the previous  candle closed below the previous  52 Period Exponential Moving Average. 
 This is a possible Indication that we are in an active Down trend . This trend is supported by the fact that the price is below the previous day's Lowest Low 118.789
. While we continue to see a sustained move below 118.789 we expect a surge much lower with an Ideal Target at 118.188. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 118.188

 

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GBPAUD

gbpaud-h1-egm-securities-limited.png

GBPAUD is currently rallying around 1.95794. On the 1 Hour Chart , the previous  candle closed below the previous  52 Period Exponential Moving Average. 
 This is a possible Indication that we are in an active Down trend . This trend is supported by the fact that the price is below the previous day's Lowest Low 2.00472
. While we continue to see a sustained move below 2.00472 we expect a surge much lower with an Ideal Target at 1.98648. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 1.98648

 

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GBPCAD

gbpcad-h1-egm-securities-limited.png

GBPCAD is currently rallying around 1.74289. On the 1 Hour Chart , the previous  candle closed above the previous  52 Period Exponential Moving Average. 
 This is a possible Indication that we are in an active up trend  . GBPCAD is currently in a range, not going above the previous day's highest high 1.76108,or the previous day's lowest low 1.73455. If the price breaks above 1.76108 then we will consider a long term buy with our target at 1.77958.  And on the flipside, a sustained move below 1.76108 will  attract sellers with an ideal target around 1.73455

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GBPCHF

gbpchf-h1-egm-securities-limited.png

GBPCHF is currently rallying around 1.2112. On the 1 Hour Chart , the previous  candle closed above the previous  52 Period Exponential Moving Average. 
 This is a possible Indication that we are in an active up trend . This trend is supported by the fact that the price is above  the previous day's Lowest Low 1.19290
. While we continue to see a sustained move above 1.1929 we expect a surge much Higher with an Ideal Target at 1.20296. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 1.20296

 

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  • 2 years later...

Currently I tries to focus on pairs like EURUSD, GBPUSD, GBPJPY, EURJPY, USDJPY, XAUUSD, I am often trade on these pair using FXOpen broker. This broker take low spread even possible zero spread gives benefit for low transaction cost. Yesterday I am tries to catch profit on EURUSD and EURJPY. 

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Copying others’ trades may give you profit for the time being but it carry no profit for you ultimately. But if you want to take lessons from others’ mistakes, then its fine for you. Besides so, you have to study the market on your own because it will strengthen you. Brokers also provide educational programs for the sake of their traders. Use the micro account of Eurotrader broker because it will keep you risk free.

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