#XAU/USD# Don’t forg...from Martin.phan

#XAU/USD# Don’t forget that timeframe is the top priority when you design your trading system. New traders are often tempted to fast-trade expecting that it allows them to make profits quickly through very small pips, or referred to as scalping explained in Lesson 15. No surprise that these freshers mostly end in failure, because they choose to trade in a difficult time frame when they are the least experienced! Be aware that the smaller the timeframe is, the more difficult it is to either trade or develop a successful system. That’s why we highly recommend you build trading systems on daily charts instead of short-term ones. You might think that we exaggerate things but read the examples in the full lesson to understand why we emphasize this topic. #dnbcglobalmarkets #dnbctrading #metatrader5 #metatrader5account #investment #tradeinyourownway #investing #marketnews #education #dnbccourse

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#EUR/USD# #currencies: #dollar appeared to have little support from the jobs reading as traders booked profits while hopes of China reopening boosted risk sentiment. It was at a five-month low, sending its index down 0.18% to 104.28. The #euro and #sterling surpassed almost 0.1% to trade at $1.0547 and $1.2298 respectively. #antipodean currencies also moved in the similar pattern: Aussie was up 0.54% to $0.683 and kiwi added 0.12% to $0.642. Only the #yen weakened 0.11% at 134.46 per dollar.

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

#NZD/USD# 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