#XAU/USD# As you guy... dari Martin.phan

28 Oct 2022, 09:55 · Views 134

#XAU/USD# As you guys can see the price is breaking through down trend in H1 time frame at 1663.70.So it could be continiously increased until 1673-1675.In my views, I also keep my points that the price is still going uptrend.So if you guys like swing trade, keep in mind a strong will.At this moment, just keep buy orders until 1700-1730.For those who like scalping like me, you guys can trade like the picture I am drawing: Buy:1663,S/:1661-1660,T/P:1665,1669,1673 Sell:1665-1667,S/L:1669,T/P:1660

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Martin.phan

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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

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#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

Don’t confuse margin and leverage. Though their relationship is interdependent, each functions distinctively. Leverage is the ability to control a large amount of money using none or very little of your own money and borrowing the rest. For example, to control a $100,000 position, your broker will set aside $1,000 from your account. Your leverage in ratios is now 100:1 and you have control over $100,000 with only $1,000. Meanwhile, margin is the initial amount of money that you have to deposit into your account in order to start transactions, including leverage uses, with your broker. Margin is usually expressed as a percentage of the full amount of the position. If your broker requires a 2% margin, you have a leverage of 50:1.

Martin.phan

#XAU/USD# #oil plummeted to near a one-year low as worries over recession offset positive supply-side signals from a bigger-than-expected crude inventories. Brent oil futures sank 0.3% to $79.51 while WTI crude futures lost 0.1% to $74.16 per barrel. Many are awaiting November’s U.S producer inflation data to see if it would trigger more volatility to the market. #goldprices pinned below $1,800 on the recovery of the dollar while the markets awaited inflation and GDP data from major countries for further clues in the global economy. Spot gold now traded around $1,770.33 while gold futures fell 0.1% to $1,782.35.

Martin.phan

#NZD/USD# NZDUSD now is in price channel which is not really wide.The price now should wait to absorb money then creates its trend.But the trend short-term now is uptrend.So you guys should consider Buy positions.Our strategy today is just scalping.This moment the market is really hard to predict. +Sell: 0.6391,T/P:0.6375,S/L:0.6400 +Buy:0.6373,T/P:0.6419,S/L:0.63650

Martin.phan

#XAU/USD# #commodities: Weakening Chinese manufacturing activity due to lockdown measures along with concerns related to OPEC+’s last meeting about the supply cut and the dollar drop ended the three-day rally of oil prices. Brent crude #futures and WTI crude #futures remained unchanged at $86.83 and $80.50 respectively on per barrel. #Metalprices rallied on speculation of smaller rate hikes and scaleback of COVID-19 restrictions in China. #Spotgold inched up 0.5% to $1,778.20 while #goldfutures added 1.8% to $1,791.25. #Copperprices firmed around $3.7838 a pound, after gaining more than 4% in the previous session.

Martin.phan