Forex Trading Entries for 31January2018

in forex •  7 years ago  (edited)

Overview

Hello I hope all of my friends are fine. I will share some of promising entries for 31 January 2018. Mates it takes a lot of effort to make a post for all of you to follow.  So, i am expecting a good feedback in comments.

Fundamental Overview:

There are lot of Fundamental news. You can get a detailed information of news from here.  The most important is FOMC statement. I will try to share the insights of pairs right before FOMC. 

So, I am expecting a move in Aud pairs on news. Make sure you keep an eye on exact time from the mentioned link.

Trading Signals

XAUUSD
Gold is in a downtrend. Please take a look on the chart. This is how I am expecting the prices to move. Overall more down prices are expected in Gold till to an area of 1320-1330. It will be a great risk to buy at this area. 

GBPUSD

GBPUSD is in an uptrend for a long term. However, There is a short opportunity. Please follow the chart for detailed tp and sl. However, for convenience Current market price(cmp) is 1.415 sl is 1.42 and tp is 1.403.

USDCHF

USDCHF was in a long term downtrend for long time. However, I am expecting a trend reversal from this point. It will be a long term uptrend with lot of pips potential and small sl as compared to tp. Please take a look at chart. Position buy CMP 0.93 sl 0.92 and tp 0.978

GBPCHF:

I have missed the buy opportunity with GBPCHF. The short term trend is up. Short term means it will be up at least for 7 days.  Expected move can be seen in chart. Please don't enter long term sell trade from these prices. It is just for information and not a trading signal. It is at least bullish to an area of 1.3300.

Notes:

I am into trading business for 2 years. Trading is my passion and also my source of earning. I am sharing you my point of view. Of course there are chances of failures. Although there are plenty of pairs I am just sharing these promising entries so far.

I will try to share the post AUD news analysis charts so stay tuned.

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