MG PRO EA Sinry Advice System by sinryadvice Myfxbook

USDCAD | Long Term Setup - Post FOMC Hike

Hey everyone,
I received a lot of positive feedback on my EURUSD setup for the week of 12/11/16, so I figured I'd give you guys another trade I am eyeing. Here is that thread if you want to have a look:
This trade is a long term setup so keep that in mind.
Weekly Chart:
Here we go:
Feel free to ask any questions!
submitted by the_nimble_centipede to Forex [link] [comments]

[Beginner TA] EURAUD Weekly

Hi All, new to forex trading trying to get used to the tools available for forex trading.
I've done an analysis of the EURAUD weekly chart because i suspect there is a falling wedge pattern emerging.
Apologies for the noise, not great at making nice looking charts.
I have attempted to use the Fibonacci tool to correctly set my buys, stop loss and take profit levels, expecting a reversal at around 1.44300 as this is the previous line of support. I have set my stop loss at 142.800 and a take profit just below the line of resistance & Fibonacci level at 1.55
As I am new to forex, I would love to see if anyone can point any mistakes made on this analysis and if they concur with my trades
submitted by Jrw2r to Forex [link] [comments]

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