Tuesday, 25 July 2017

Thor's hammer and Odin's spear

“The opportunity to defeat the enemy will be provided by the enemy himself.” – Sun Tzu

I’ve been trading Forex for the last seven years and I know a thing or two about how the market works. (Please see About This Blog.)

Trade less frequently; trade only when there is a clear signal. The more frequently you trade, the higher the chances of losses.  Never take any position without first determining where the stop loss should be.

BUY NZDUSD

NZDUSD

Added at 06:00 UTC (London, Lisbon, Algiers, Rabat, Lagos), 17:00 (Auckland), 15:00 (Sydney), 14:00 (Tokyo, Seoul), 13:00 (Singapore, Kuala Lumpur, Hong Kong, Beijing, Manila, Perth), 12:00 (Bangkok, Jakarta), 10:30 (New Delhi), 09:00 (Dubai, Moscow), 08:00 (Athens, Bucharest, Helsinki, Tel Aviv, Ankara, Riyadh, Baghdad, Cairo, Kiev, Nairobi, Dar es Salaam), 07:00 (Frankfurt, Paris, Amsterdam, Zurich, Rome, Madrid, Stockholm, Tripoli, Cape Town), 02:00 (Buenos Aires, Rio de Janeiro), 01:00 (New York, Toronto), 00:00 (Dallas, Winnipeg, Mexico City, Lima), 22:00 (San Francisco, Vancouver), and 19:00 (Honolulu).

  • Opening price: at about (+/-) 0.74300 (or anywhere above the stop loss.)
  • Stop loss (SL): Below 0.74000 (Move it to just above the opening price once there is a sufficient gap.)
  • Safe take profit limit (SPL):  Open (for those who want to play safe.)
  • Medium take profit limit (MPL): Open (for those who want to take a little more risk)
  • Aggressive take profit limit (APL): Open (for those who are adventurous)
  • Based on time frame:  H4 price action
  • Day’s trend: Uptrend
  • How long until profit: 4 hours to several 4-hour periods.
  • Last update: None
  • NoteMove the stop loss to just above the opening price once there is a sufficient gap. Check this blog every 4 hours for accurate Forex signals and updates. (02:00, 06:00, 10:00, 14:00, 18:00 and 22:00 UTC)

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JustForex 01

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