How much time per day do you spend analysing the market? π€
Anonymous Poll
39%
0 - 30 min π₯
50%
1 - 2 hours β
11%
3+ hours π―
πGBPCHF @1.1202~ BUY
π SL - 1.1122
π° TP1 - 1.1222
π° TP2 - 1.1262
π° TP3 - 1.1362
π SL - 1.1122
π° TP1 - 1.1222
π° TP2 - 1.1262
π° TP3 - 1.1362
Forex Trading Lions
πGBPCHF @1.1202~ BUY π SL - 1.1122 π° TP1 - 1.1222 π° TP2 - 1.1262 π° TP3 - 1.1362
reached take profit 1 β
β€οΈ
π»Potential SELL setup for: EURUSD
π¨βπ»Technical: Monthly overall direction is bearish. Weekly although above some moving averages, has space for a pullback towards the downside. Daily moving averages although crossed, we still need to break the up-trend. A break on 106.550 should trigger a bearish momentum further pushing the pair down.
π― For an ideal entry: By minimum we need to wait for the 4h break of support, before we can start looking for a re-test of broken support that becomes resistance and only then look for some form of candlestick price action to confirmed this trade short.
π Want to know when we enter? Join our premium trading group here @tradinglionbot
π¨βπ»Technical: Monthly overall direction is bearish. Weekly although above some moving averages, has space for a pullback towards the downside. Daily moving averages although crossed, we still need to break the up-trend. A break on 106.550 should trigger a bearish momentum further pushing the pair down.
π― For an ideal entry: By minimum we need to wait for the 4h break of support, before we can start looking for a re-test of broken support that becomes resistance and only then look for some form of candlestick price action to confirmed this trade short.
π Want to know when we enter? Join our premium trading group here @tradinglionbot
π3
π»Potential SELL setup for: NZD/CHF @everyone
π©π½βπ»Technical: Monthly & weekly time frames are suggesting strong bearish power in the market based on the recent moving average of 20 crosses on the weekly. On the daily, I have marked a strong support zone that has not been broken yet, along with a moving average of 100.
π― For an ideal entry: I would aim to wait for the price action to break 4-hour support, push > exhaustion to the previous area of sensitivity, and then potentially enter on a bearish engulfing candlestick closure if possible. Aiming for a possible 0.57415 level, which corresponds to the previous daily bottom.
π Want to know when we enter? Join our premium trading group here @tradinglionbot
π©π½βπ»Technical: Monthly & weekly time frames are suggesting strong bearish power in the market based on the recent moving average of 20 crosses on the weekly. On the daily, I have marked a strong support zone that has not been broken yet, along with a moving average of 100.
π― For an ideal entry: I would aim to wait for the price action to break 4-hour support, push > exhaustion to the previous area of sensitivity, and then potentially enter on a bearish engulfing candlestick closure if possible. Aiming for a possible 0.57415 level, which corresponds to the previous daily bottom.
π Want to know when we enter? Join our premium trading group here @tradinglionbot
π2β€1
How do you measure the success of a forex trading strategy? π
Anonymous Poll
32%
By its profitability π―
45%
By itβs consistency over time β°
24%
By itβs ability to manage risk effectively π
Should forex traders have to pay taxes on their profits? π€
Anonymous Poll
25%
Yes β
75%
Fuck No β
Forex Trading Lions
π»Potential SELL setup for: EURUSD π¨βπ»Technical: Monthly overall direction is bearish. Weekly although above some moving averages, has space for a pullback towards the downside. Daily moving averages although crossed, we still need to break the up-trend.β¦
π»Potential SELL setup for: EURUSD
π¨βπ»Technical: The market sentiment has not changed much, the bearish setup has not yet occurred and is not standby, I will link the technical analysis of the first trading idea with this one, I will also add an updated photo of the current situation here.
π― For an ideal entry: By minimum we need to wait for the 4h break of support, before we can start looking for a re-test of broken support that becomes resistance and only then look for some form of candlestick price action to confirmed this trade short.
π₯ Want to know when we enter? Join our premium trading group here @tradinglionbot
π¨βπ»Technical: The market sentiment has not changed much, the bearish setup has not yet occurred and is not standby, I will link the technical analysis of the first trading idea with this one, I will also add an updated photo of the current situation here.
π― For an ideal entry: By minimum we need to wait for the 4h break of support, before we can start looking for a re-test of broken support that becomes resistance and only then look for some form of candlestick price action to confirmed this trade short.
π₯ Want to know when we enter? Join our premium trading group here @tradinglionbot
β€1π1
π»Potential SELL setup for: GBPUSD π
π¨βπ»Technical: GBPUSD looks like a good sell, bearish engulfing candlestick closure recently on the 4h timeframe, if in the next 15 minutes, it makes a new low on the 1 hour timeframe, this could be a good short-term sell for around 40-50 pips before we reach a important level of higher timeframe support, you could risk and enter now, but you would enter on a slight support, which could initiate buying power.
π― For an ideal entry: Wait for the new candlestick closure preferably a 1h timeframe to close lower than then previous low, then you could potentially bank 40-50 pips, before the eventual pullback from the higher timeframe sensitivity.
πWant to know when we enter? Join our premium trading group here @tradinglionbot ππ
π¨βπ»Technical: GBPUSD looks like a good sell, bearish engulfing candlestick closure recently on the 4h timeframe, if in the next 15 minutes, it makes a new low on the 1 hour timeframe, this could be a good short-term sell for around 40-50 pips before we reach a important level of higher timeframe support, you could risk and enter now, but you would enter on a slight support, which could initiate buying power.
π― For an ideal entry: Wait for the new candlestick closure preferably a 1h timeframe to close lower than then previous low, then you could potentially bank 40-50 pips, before the eventual pullback from the higher timeframe sensitivity.
πWant to know when we enter? Join our premium trading group here @tradinglionbot ππ
β€2
π»Potential BUY setup for: USDJPY
π¨βπ»Technical: USDJPY has found a lot of buying power, however we are approaching the weekly moving average support, and we are currently on a daily resistance level, this tells me that if sellers are going to be anywhere, they would be around this area zone, this should definitely start some bearish momentum, which could make it pullback to the 4h moving averages, this is where we could capitalize on a trade towards the up-side when we find a candlestick entry.
π― For an ideal entry: Wait for a pullback, then enter the trade on the 4h once you confirm that bullish bias is there, could be a good trade and great risk reward, if the trend breaks resistance, wait for a pullback and enter off resistance, could also be good, because it would confirm strong bull momentum further on.
π Want to know when we enter? Join our premium trading group here @tradinglionbot
π¨βπ»Technical: USDJPY has found a lot of buying power, however we are approaching the weekly moving average support, and we are currently on a daily resistance level, this tells me that if sellers are going to be anywhere, they would be around this area zone, this should definitely start some bearish momentum, which could make it pullback to the 4h moving averages, this is where we could capitalize on a trade towards the up-side when we find a candlestick entry.
π― For an ideal entry: Wait for a pullback, then enter the trade on the 4h once you confirm that bullish bias is there, could be a good trade and great risk reward, if the trend breaks resistance, wait for a pullback and enter off resistance, could also be good, because it would confirm strong bull momentum further on.
π Want to know when we enter? Join our premium trading group here @tradinglionbot
π2
π Potential SELL setup for: AUD/CHF
π©π½βπ» Technical: The monthly chart is showing a clear bearish bias in the market. However, on the weekly chart, the price is still struggling to break the MA 20, which is indicating some buying pressure. Moving on to the daily timeframe, the price has recently pushed aggressively towards the downside and has formed a strong bearish engulfing candlestick. The next target for the price is to break the MA 50 & 100, which might still experience a pullback towards the upside.
π― For an ideal entry: Even though the price formed a 4-hour bearish engulfing and closed into a new low, it has not yet broken past the daily MA 50/100. I would aim to enter AUDCHF after a break, followed by a push > exhaustion completion and bearish candlestick formation to confirm my entry and I can potentially aim for a weekly support level as my profit target.
π Stay updated on our potential entry by joining our premium trading group at @tradinglionbot
π©π½βπ» Technical: The monthly chart is showing a clear bearish bias in the market. However, on the weekly chart, the price is still struggling to break the MA 20, which is indicating some buying pressure. Moving on to the daily timeframe, the price has recently pushed aggressively towards the downside and has formed a strong bearish engulfing candlestick. The next target for the price is to break the MA 50 & 100, which might still experience a pullback towards the upside.
π― For an ideal entry: Even though the price formed a 4-hour bearish engulfing and closed into a new low, it has not yet broken past the daily MA 50/100. I would aim to enter AUDCHF after a break, followed by a push > exhaustion completion and bearish candlestick formation to confirm my entry and I can potentially aim for a weekly support level as my profit target.
π Stay updated on our potential entry by joining our premium trading group at @tradinglionbot
β€2
All the above setups triggered and in profit, for those that followed well done! β
π₯
Join our team, for instant execution setups, take profit, stoploss levels included: @tradinglionbot π―π
Join our team, for instant execution setups, take profit, stoploss levels included: @tradinglionbot π―π
Hereβs a trade we sent on vip, beautiful USDCAD, I also sent EURGBP itβs catching up as well:) VIP HERE - @tradinglionbot
π₯1
Hey traders! π
Last week we placed AUDNZD on Friday, we knew that it will likely not do much because it was end of week, but today we are starting out strong! π₯β
Super Cheap Plans At The Moment In Bot use /start to refresh: @tradinglionbot π―π
Last week we placed AUDNZD on Friday, we knew that it will likely not do much because it was end of week, but today we are starting out strong! π₯β
Super Cheap Plans At The Moment In Bot use /start to refresh: @tradinglionbot π―π
π₯2
Is it better to be a day trader or a long-term trader in forex? π€
Anonymous Poll
47%
Day Trader π―
22%
Long-term trader π―
31%
Both π₯