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SINGAPORE DOLLAR / U.S. DOLLAR

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SGDUSD trade ideas

USDSGD: Momentum At PlayIf You have a different point of view Please kindly comment or post your chart image below and Substantiate. *Note this my projection of price behavior and may be used for trading purpose, However CFDs are complex instruments and involve high Risk and may not be suitable for all investors. Past performance does not guarantee future results. All predictions are strictly speculative and for educational purposes only therefore Use effective risk management.Trading foreign exchange carries a high level of risk.
by lehlogonolo
USDSGD double bottom and go 🦐USDSGD on the daily chart bounced over a weekly support at 1.35400. The price started then a new impulse and soon will test a minor resistance. IF the price will break and close above the structure we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
2
Another reason to go shopping in Amazon , hahaFirst, Christmas is round the corner. Secondly, maybe not the most to most shoppers are exchange rate, especially if it is a one-off purchase. Being a trader and investor, I guess this is some kind of occupational hazard. Chart tells me it is likely to fall further to 1.344 but at current rate, it is much better compared to March this year when it was at a high of 1.465. Buying a product at US$100 would require me to part SGD 134 compared to SGD146 , a savings of SGD12. So, if you can wait, consolidate your shopping list and as time passes, nearer to the festive season, the merchants might dangle more carrots for you. So that is best of both world, haha. Will I short now ? No, the RRR is not worth it and the chance of rebounding is higher now....
by dchua1969
Sgd/Usd (Im Selling)I have 2 trades open. They are both at only 0.01 My 2 take profits are on the chart. This chart is very clear! Price made many tops on the daily and has started its move down. If you trade this big , you could get caught in days of ranges , get aggervated and close the trade that should be a winner , but was a loss instead. This kind of trading has changed the way I have been trading as I was losing many trades and now im starting to win trades as I trade smaller , hold longer, and sleep at night. The longer I stayed awake , the more i messed up! So i learned that I was always the problem and not the markets. Everyone has losses , its part of this. Everyone has losing weeks. But trading as small as i possibly can has actually changed my trading for life.
Short
by RlcTrading
1