September 5th – Four Setups to Trade During U.S. Session! - Forex News by FX Leaders

September 5th – Four Setups to Trade During U.S. Session!

Posted Tuesday, September 5, 2017 by
Arslan Butt • 1 min read

Today we closed the Asian session at break even since our forex trading signal on Dax closed at a stop. However, the trading signal on gold is still making +50 pips profit. Check out more trade ideas for the U.S. session today.

Nikkei – I'm placing my buy limit at $19320 in order to target 19600 this week. The stop should be $19200.

Gold – The gold signal mentioned in my previous update is still active and is earning us nearly +50 Pips. My current target is $1328. Investors are advised to move their stops at break-even levels (entry price)

DAX – Though, we aren't in the Dax trade anymore, I'm focusing on $12290 to take another sell position with a stop above $12325 and a take profit at $12150.

GBP/JPY – Yesterday, the forecast on Guppy went really well, but the market missed our pending order (buy limit) by only a few pips. At the moment, the cross pair is trading at a crucial trading level and can make nice profits for us. I just shared a forex trading signal to enter a buy position above $141.400 in order to target $142.250 with a stop at $140.90.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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