Trading

Forex Trading Today

1 min read

US 30

This image shows the us30 trading opportunity

Currently, the market is on a bearish trend on H4, and instead of returning to the Previous Point of Interest (POI) yesterday, the market formed a new one, which is marked on the chart.

If you plan to sell, it’s advisable to wait for the market to return to the POI to get sell signals. Once you receive a sell signal, we recommend setting the stop loss at 34124.9, with Take Profit 1 and Take Profit 2 at 32974.4 and 32699.4, respectively.

However, it’s crucial to remember that forex trading involves a risk of loss. To minimize risk, we strongly suggest following good risk management practices, such as not risking more than 1% of your equity in forex trading.

By adhering to these guidelines, you can lower your risk exposure and maximize your potential for profit. Happy trading!

XAUUSD Trend

This is an image giving trading information about gold trading opportunities

According to Forex Trading today, XAUUSD is currently in a bullish trend on H4.

If you’re planning to buy, it’s advisable to wait for the market to return to the POI .

Once you receive a buy signal, set the stop loss at 1991.302, with Take Profit 1 and Take Profit 2 at 2095.169 and 2122.843, respectively.

However, it’s crucial to remember that forex trading involves a risk of loss. To minimize risk, we strongly suggest following good risk management practices, such as not risking more than 1% of your equity in forex trading.

By adhering to these guidelines, you can lower your risk exposure and maximize your potential for profit. Happy trading!


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