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Copyright MT4talk. This robot closes profit every few minutes! Hello, I'm the MT4talk forum admin. Last post: All Currency Scalper v9. Only non-copyrighted Forex robots are allowed to upload. Only non-copyrighted Forex indicators are allowed to upload. We can now see a triple top on H4 meaning, that price is ready to move down. It has rejected the 0. For now, the bears look in control, but if the pair remains above that minor support the orange shaded area , then it will prove to be strong support and it should go up for another retest of the 0.
AUD is near monthly resistance, we must wait for the break and or rejection from resistance so we can start shorting the pair. From a COT perspective, Non-Commercial traders have started closing their longs and started adding shorts. Today's report will give us a better perspective as to what to expect from next week.
Price showing loss in momentum as it approaches a key resistance area. This data from the report also confirms my technical bias of shorting the pair this week. Waiting for the bullish momentum to slow down and turn bearish for a proper retest of previous lows. From there we will see what needs to happen as the market will paint a picture for us.
Plan your trades and trade your plan. Gold has broken my daily supportive trend line and creating the head and shoulders pattern on H4 in the process. Let's see how it plays out Patience is key. Wait for the break either way and then react accordingly when price turns bearish.
Be reactive and not predictive. Price in the monthly sell zone, which is a strong resistance area that has held for the past couple of months if not a year or two. Looking to scalp the on the break of that supportive trend line going short. Still short on this one Get started.
Last visit Joined. Markets Allocation. Top Mentioned Symbols. All Types. All Accesses. Script access. DXY - Short. Ger30 - Short. Show more ideas 1 2 3. Jeffersondh Pro.
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Discussion in ' Educational Resources ' started by karoshimanMay 16,
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