For me, I want to say that scalping is good for trading if anyone knows that very well. I am not good at scalping trade. I am okay with the longtime trade. But yes, I am trying to learn about scalping trade. I do scalping trade in my demo trade account but I didn't make that much profit from that. So I leave scalping trade.
Yeah in my opinion,i also see a chance to sell AUDUSD today because when i see H4 chart of AUDUSD,i see all my technical indicators are showing a bearish sign. But there are nearby SMA 50 on H4 chart that needs to be broken first before we can see AUDUSD falling hard today.
Hello Great Forum ,Many thanks for visiting my journal section .Your candid advise is highly indispensable ,
This is my analysis on GBP/USD ,;
With low of 1.2359 established for today , you can make your entry about now 1.2374 ,your S/L at 1.2354 and your T/P at 1.2560 ,Following a good pullback that approached support region 1.2360 ,the technical formation on this pair supported buy ,Lets see what happen in the next few hours ,Do enjoy a profitable trading day full of green .
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But the yesterday daily times candle are made the bull engulfed candle seeming seller's are trapped on yesterday date, that I am following today buiyng up trend and expected today or sooner it touched 1.2550$.