#XAU/USD# Let’s lear...from Martin.phan

28 Oct 2022, 16:23 · Views 269

#XAU/USD# Let’s learn the very first style of trading today, scalping. Scalp trading is marked by the brief periods between the opening and closing of a trade. It is simultaneously furious, thrilling, and mind-boggling. Basically, it works by repeatedly grabbing very small amounts of pip throughout the busiest times of the day. You know that many minor wins will eventually lead to a full pocket of money. If you enjoy quick trading, don't mind spending hours in front of charts, and have fast fingers, this approach will suit you.

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Martin.phan

156 Posted · 212 Followers

I am here to talk about my definition, my points of view about Forex market.I am happy to be a part of your profit when my signals can help you!

XAU/USD

36,002 Followers

#EUR/USD# #currencies: Biggest U.S banks giving recession warnings dampened risk appetite and sent the #dollar back to its strong position after a five month low this week. The dollar index was up to 105.60, beating against #yen to trade at 136.97. #sterling lost ground 0.4% to settle down at $1.2128, followed by a 0.13% decrease in #euro to $1.0460. The #aussie remained buoyed by RBA’s hawkish stance though it was last 0.16% higher at $0.6699. Kiwi edged 0.02% lower to $0.6317. Offshore yuan trade higher at $6.9845, supported by relaxing COVID-19 restrictions.

Martin.phan

#NZD/USD# NZDUSD was down like I expected yesterday to 0.62108, and now it is waiting to absorb money to create an uptrend short-term to 0.63000, which is a key resistance.At that point, it will show whether the price could fly up further or bounce down deeper 0.62108.I suggested for scalping Buying sides: +Buy:0.62353,S/L:0.62108,T/P:0.62987

Martin.phan

NZDUSD now is in Ichimoku cloud, so it shows that price is within sideway,but my expect is the price will go down to 0.6391 and has a slightly increase to retest at 0.6343. +Sell: 0.6341,S/L:0.6348,T/P:0.6317,0.6298

Martin.phan

#XAU/USD# #commodities: #oilprices kicked off in green as #OPEC+ nations reaffirmed their output targets ahead of an #EUban and price caps on Russian crude, coupled with more easing COVID-19 curbs in China added positive signs for demand. Brent crude futures and WTI crude futures rose 0.5% apiece to trade at $85.96 and $80.35 per barrel. #goldprices were steady despite optimism over smaller interest rates stemming from stronger-than-expected jobs data. Spot gold rose 0.1% to $1,800 an ounce while gold futures climbed 0.2% to $1,813.40. Both almost reached their 4-month highs.

Martin.phan

NZDUSD yesterday has increase strongly, but it faces off with the resistance at 0.63470 and felt back down.Now it is going to retest its old top 0.63387 and maybe it could be decrease to its own down trendline at 0.62902.Waiting until it retest at its old top then consider Sell options: Sell:0.63398, 0.63470,S/l:0.63558,T/p:0.63046,0.62866

Martin.phan