Five Trade Setups Worth Watching Today
Happy Friday, traders. Today, the market is likely to offer a good number of trade opportunities. 5 Quick Trade IdeasNikkei - I have my
Arslan Butt•Friday, August 18, 2017•1 min read
Happy Friday, traders. Today, the market is likely to offer a good number of trade opportunities.
5 Quick Trade Ideas
Nikkei – I have my buy limit at $19345 with a stop loss below $19200 and take profit at $19550.
USD/JPY – Buy limit on $109 with a minor stop of $108.750 to target $109.850.
EUR/AUD- Selling it at $1.4875 to target $1.48300 with a stop loss above 1.4895.
DAX – Buy Limit at $5073 with a stop below $5035 and take profit at $50140.
Gold – I'm looking to stay in sell only below $1290 with a stop loss above $1294 to target the $1284.
Fellows, the above trades ideas are merely based on technicals, so any fundamental release can distort the trades. Strict money management is needed and make sure you don't ever risk more than you can afford. Good luck!
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
Related Articles
Comments
0
0
votes
Article Rating
Subscribe
Login
Please login to comment
0 Comments
Oldest
Newest
Most Voted
Inline Feedbacks
View all comments
Sidebar rates
HFM
Related Posts
Doo Prime
XM
Best Forex Brokers
