Forex Trading Setups (05.03.2018) - Updating of Hotlist Items
Dear Steemians, welcome to Wave Analysis...
Today, we don't have any new trade setup, but the Hotlist needs to be updated.
You can see the charts and brief explanations down below. But if you like to have more details please visit the published idea pages on Tradingview by clicking the name of the assets and watch today's analysis video on DTube by clicking the following image.
Updating of Hotlist Items
Active Trades
USDJPY: Move stop-loss to 109.900 or just wait like I do.
AUDJPY: Leave it alone.
CADJPY: If you didn't taka the trade, you can wait for a breakout and a small correction to sell it.
EURNZD: Leave it alone.
GBPCHF: Leave it alone.
XAUUSD: I started making a bigger correction that I was waiting for a while. Just leave it alone. After correction I will move the stop-loss to breakeven and I will take another short trade.
XPTUSD: Trade is active now. Up move can be a correction. In this case it will come down. Let's wait and see.
SPX500: Both trade is active and I hope it will keep going down.
Pending Orders
CHFJPY: It keeps going down. But it's ok. Down move has no momentum, so eventually it will go up and I will be in the trade.
Waiting for Correction or Breakout
GBPUSD: Move the stoploss to blue line if you have this trade. I'm still waiting for a correction to sell it.
USOIL: I'm waiting for the breaking out the green line, then I will take a short trade.
Removed from the Hotlist
EURGBP: There isn't any clear trade setup. So, I'm removing it from the list.
You can visit the published idea page on Tradingview by clicking the name of the asset. If you like to see more details and explanations about this trade setup and updating of Hotlist items you can watch today's video on DTube by clicking the following image.
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Until next time, trade with care.
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What is Hotlist?
Hotlist a short list, which contains charts that were shared in previous days. So, today's new trade setup will be in the Hotlist tomorrow, and I will update its status every day until I remove it from the list. Each chart will be in the Hotlist as long as we have an active trade or a pending order or its trade setup remains valid.
Disclaimer:
Don't invest more money than you can afford to lose. Trading carries a high degree of risk. Everything here is my personal opinion, should not be considered as trade calls.