Forex Trading Ideas & My Best Forex Robots

GBPUSD for a few sessions is walking in range 1.30000 - 1.33000 but price is still over uptrend line so upward direction is still valid. Today after the very important publications from UK market price has rapidly dropped to support zone where also is trend line. In our forex idea we see that price has stopped at this level and see some buyers activity. We are opening buy trade with target at last local resistance near 1.33000 and with stop near 1.2980. Our risk reward ratio is 1:3.

AUDUSD after hit lower band of support zone has gone up. When it went out over support zone price will back and retest upper band of support zone. Now it is going to resistance zone established by low at the begining of 2015 year, high of may 2015, high of july 2017 and september 2017. We have opened long trade at the bottom of support zone. Now our trade has stop at break even. Our target is near bottom of resistance zone.

DAX after the breakout upward now backed to the range. Price achieve bottom edge of range and at this level buyers became active leaving a trail of bullish pinbar. It looks like long orders stop loss hunting preceding upward price movement. We are opening small long with Risk Reward Ratio 1:1 with stop below last pinbar and target near last high. Near 13020-13030 we will move SL to Break Even.