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RichAnalysis Traders

RichAnalysis Traders

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The purpose of this channel is to provide educational value and our perspective of market activity through bonus signals and trade ideas 📈

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Many times as newbies or professionals or someone just wanting to go into forex trading the first thing that is being sorted out for is strategy which yes it is important to have a good strategy but tbvh any strategy can give you opportunities to make money in the market be it supply and demand, trendline, ICT as many would call it, Moving averages or even robots. All strategies work but they are subjective and Infact not the paramount thing in this side of business. The most paramount thing besides strategy and discipline in regards to your trading style is cutting losses short and early enough which is why if you notice on forex pairs our SL is max 15pips and on commodities or indices we use very tight and strategic SL in such a way that we do not want to be in the wrong side of the market for too long regardless of what we see or the strategy. Always cut your losses short and quick that’s the only way to stay long enough to be profitable. Hope this helps someone out there

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Okay price said not today. We will revisit it

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Missed SL by a nano pip 😅 Most lethal SL ever. Let’s see what it does

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SELL XAUUSD SL 4471.27 TP 4400.00
SELL XAUUSD SL 4471.27 TP 4400.00

Service PMI tomorrow NY SESSION
Service PMI tomorrow NY SESSION

Indeed very very slow day today. I’m sure tomorrow will be explosive

Support is 1.3450 whichever ways we will react

On GBPUSD resistance remains 1.3480

It’s going to be a very good and interesting day. To me what I see is a lot of sellers being induced both on XAUUSD and GBPUSD. But let’s see. Time tells and we will react accordingly. Wait on my call

Stay active!!

If you’re an impatient person trading will bring it out and shove it in your face 😅

London session is really testing our patience but as soon as we get this do not play with it

Heads up….

Patiently waiting…..

XAUUSD buys still on sight, waiting for the right price and moment

Looking at a buy on GBPUSD once we close above 1.3480

While you were asleep
While you were asleep

Good Morning Traders, prepare for a bonus signal