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Monday, August 14, 2017
CryptoCurrency News: Bitcoin Price Tops $4,400 As Crypto Market Nears $150 Billion
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CryptoCurrency: Ethereum News August 15, 2017 at 08:08AM #ETH
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CryptoCurrency: Ethereum News August 15, 2017 at 07:54AM #ETH
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CryptoCurrency News: OneCoin Promoters Fined €2.6 Million by Italian Consumer Watchdog
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CryptoCurrency: Ethereum News August 15, 2017 at 03:08AM #ETH
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CryptoCurrency News: Square CEO: Blockchain Can Help Solve 'So Many Problems'
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[FOREX NEWS] Another Monday, another dollar rise – will it fall again on Friday?
For two weeks in a row, the dollar moved up on Monday. In the first case, it was an extension of the recovery that was triggered by the good Non-Farm Payrolls report. That dollar correction ended with the not-so-great inflation numbers on Friday. Nevertheless, the dollar apparently likes Monday and is enjoying a recovery. What’s [...]
The post Another Monday, another dollar rise – will it fall again on Friday? appeared first on Forex Crunch.
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CryptoCurrency News: $4,800: Goldman Sachs Analyst Thinks the Bitcoin Price Is Heading Higher
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CryptoCurrency News: New Bitcoin ETF Effort Launched by Money Management Firm
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CryptoCurrency News: Legally Binding Smart Contracts? 9 Law Firms Join Enterprise Ethereum Alliance
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CryptoCurrency News: BTC-e to Offer Free Trading for Exchange Debt Token
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CryptoCurrency News: 'Father of Financial Futures' Seeks Cryptocurrency Hardware Patent
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CryptoCurrency News: What the Fork? Why Bitcoin Protocol Changes Impact Price
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CryptoCurrency News: Bitcoin Prices Reach (Yet Another) All-Time High
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CryptoCurrency News: Know Your Tokens: Not All Crypto Assets Are Created Equal
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CryptoCurrency News: Blockchain and Education: A Big Idea in Need of Bigger Thinking
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[FOREX TIP] AUDJPY Price Action Analysis – 11th Aug 2017
Before you continue, we want to make sure you understand that this is a past trade idea found inside The Price Action Club which is a premium Price Action trade signal service. This post is 1 week delayed and this idea is no longer valid but the lesson is still valid. We post this to show you what is inside the Price Action Club. It would be awesome if you join us to learn and to trade our trade ideas. We hope to see you inside the Price Action Club soon. Click here to join us…
Join The Price Action Club Here…
AUDJPY Price Action Analysis – 11th Aug 2017
AUDJPY has been extremely bearish on the H4 chart. The price has kept making lower lows. As things stand with the pair, the sellers are going to wait for upward corrections to go short again. Considering the latest downward move, the price broke a significant level of support. Thus, if the price goes back there again, selling the pair would get us some green pips with excellent risk and reward ratio. Let us have a look at the H4 AUDJPY chart….
As we see that the last bearish H4 wave broke the level of 86.220 and then kept going towards the South. If the price starts having retracement from here and goes up to 86.220, then wait for an H4 bearish Engulfing candle to take the short entry. Have a look at the summary of the trade…
- Sell Limit Order: 86.250
- Stop Loss Level: 87.000
- Take Profit Target: 84.800
- Validity: 72 hours
- Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable
By looking at other pairs H4 charts, AUDJPY looks the best one. Thus, I have chosen this pair to recommend the trade setup. The price needs time to go to the resistance level and it seems that we might not be able to take the entry today. Most probably, the entry signal would come on next Monday. This means as an H4 trader, I would not be able to take any entry today. This is usual and this has to be adopted by a trader if he or she wants to make a consistent income from trading.
You can also take a look at our previous (and most likely profitable) Free Forex Trading Signals Here.
We hope that you enjoy our Free Forex Trading Signal today: AUDJPY Price Action Analysis – 11th Aug 2017
Join The Price Action Club Here…
The post AUDJPY Price Action Analysis – 11th Aug 2017 appeared first on Advanced Forex Strategies.
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