Noob Currency Trader: 04/16/20

Thursday, April 16, 2020

[FOREX TIP] GBP/CAD Daily Price Forecast – 17th April 2020

This is our GBP/CAD Daily Price Forecast for 17th April 2020.

This trade idea was generated by our powerful Elite Swing Trader System on an H4 time frame.

GBP/CAD Daily Price Forecast – 17th April 2020

Let us have a look at the summary of the trade…

Buy Stop: 1.75519
Stop Loss: 1.74736
Take Profit: 1.76754

We wish you good luck and good profit for this trade idea. For more trade ideas, join the Price Action Society…

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The post GBP/CAD Daily Price Forecast – 17th April 2020 appeared first on Advanced Forex Strategies.

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[FOREX TIP] AUD/CHF Forex Trendy Scanner Signal – 16th April 2020

AUD/CHF Forex Trendy Scanner Signal – 16th April 2020

We found this powerful trend scanner recently and find that the results provided from the scanner quite reliable.

Today, we have a Forex Trendy Scanner Signal in AUD/CHF.

There are of course multiple results every day across 34 different Forex pairs and across different time frames.

This trade idea was generated by Forex Trendy Scanner on an H1 time frame.

AUD/CHF Forex Trendy Scanner Signal – 15th April 2020

To know how to enter into this trade, let’s take a look at the H4 chart.

AUD/CHF Forex Trendy Scanner Signal – 16th April 2020

The Forex Trendy Scanner alerted us on this trading opportunity and after looking at the H4 chart, we find that it’s sitting nicely on the 50 SMA. So here’s what we will do….

We place a Buy Stop order on this trade. If the bulls show strength, then we get into position. If not, then we let this trade pass…