Silent Pips Blog
We offer Free Sure Signals
Latest posts
✅AUD/USD Buy
Price bounced back off strong support structure and support line on 4h chart. Formed double bottom, and RSI is oversold. Could shoot up.
Time Frame 4H Chart
Best Entry 72.40
Targets: 72.70 / 73.20/ 73.60
Stop Loss 71.60
Read
Status :
Pips Gained : + 25Gold Opportunity
❓What's next for GOLD
Judging from Monday’s FED speakers, gold traders still have more time to enjoy the upside. Gold moves higher 3 days in a row on inflationary concerns. Higher inflation was affecting consumers as prices for energy, food, and rent continued to spike over 5%
🚨Major events in USA ahead
👉USD & GOLD Correlation
Potential profit on $30 Movement:
🔹0.1 lot = $300
🔹1 lot = $3,000
Read
NFP release
❗️The US Bureau of Labor Statistics will release the September jobs report today! As we get closer to the release time, here are the forecasts by 10 major banks regarding the upcoming employment data.
❗️Investors expect Nonfarm Payrolls to rise by 425,000 in October following the crash to 194,000 in September.
🔹Westpac 500K NFP, unemployment rate 4,7%
🔹ING 450 NFP
🔹RBC Economics 480K NFP, unemployment rate 4.9%
🔹Danske Bank 450K NFP
🔹Deutsche Bank 400K NFP, unemployment rate %4,7
🔹SocGen 520K NFP, unemployment rate 4,8%
🔹TDS 550K NFP
🔹NBF 350K NFP, unemployment rate to 4.7%.
🔹CIBC 485K NFP, unemployment rate 4.7%
🔹Citibank 410K NFP, unemployment Rate 4.6%
In conclusion: The 10 major banks forecast the strongest growth in three months
Read✅XAU/USD (Gold)
BUY
Timeframe: H4
Entry at 1775.31
Take profit at 1797.00
Stop loss at 1763.00
Potential profit on TP:
0.1 lots = $210
1 lot = $2100
Will the boredom for gold end? Will the stocks & crypto rallies finally release the gold where it belongs at the age of endless money printing?
Read
Status :
Pips Gained : + 200Happy new month traders
Our management and staff would like to thank you for giving us a fantastic opportunity to serve you well in every way possible.
It is our earnest desire to keep you satisfied with our services and ensure that you have your own share from trading.
You are our motivation every step of the way.
May this new month be a successful one for you.
Stay safe
silent pips fx team
ReadUSD/JPY(SELL) SWING TRADE
USD/JPY is currently having bullish market structure on the higher time frames. Price arrived a 1W resistance zone and formed a reversal candle stick pattern on the 1D time frame. On H4, an H4 support trendline has been broken, retested and price is forming bearish reversal candle stick patterns and a series of lower lows and lower highs on the 15 minutes time frame , which clearly shows a change in market structure .
Hence this is a possible bearish Retracent swing trade to the next support level.
Entry =113.745 Use Proper Risk management
Stop Loss =144.436 For $100 = o.o1 lot
Take Profit = 112.163 for $500 = 0.05 lot
Risk:Reward = 1:2 For $1000 = 0.1 lot
NB: RISK ONLY WHAT YOU CAN AFFORD TO LOOSE!
There is a possibility that price could retrace into the Fibonacci golden zone or retest the trendline before reversing bearishly. So exercise patience and give room for the market to move.
ReadTrading plan
- A trading plan is a roadmap for how to trade, and no trades should be placed without a well-researched plan.
- The plan is written down and followed. It is not altered unless it is found not to work (make money) or the trader finds a way to improve it.
- A basic trading plan includes entry and exit rules, as well as risk management and position sizing rules. The trader may add additional rules at their discretion to control when and how they trade.