WEEKEND FX ANALYSE
Every weekend I perform a careful analysis of the FX market and basic commodities . I analyze the FX market not by FX pairs but by individual currencies.
I examine each currency from different perspectives, different methods (TA, FA, OI, distance from F.V., etc ...). The result of the semi-automatic analysis is the determination of strong and weak currencies for the next week to 14 days.
Potentional STRONG currencies for next week: CAD, GBP
Potentional WEAK currencies: CHF
Subsequently, I analyze the pairs composed of the above currencies whether it appears technically a possible trade and in which area ( GBPCHF Long, CADCHF Long, etc ...)
On Monday, I am waiting for the end of the first hour of the London trading session and I will enter or prepare an order's limit on the best selected FX pairs. Partial of positions is possible open at the Sundays Markets-open
CADCHF I will trade LONG, partial of id position is now open at 0,6930, target 0,6980, stoploss 0.6910.
From commodities I will trade Cotton on the SHORT side
I examine each currency from different perspectives, different methods (TA, FA, OI, distance from F.V., etc ...). The result of the semi-automatic analysis is the determination of strong and weak currencies for the next week to 14 days.
Potentional STRONG currencies for next week: CAD, GBP
Potentional WEAK currencies: CHF
Subsequently, I analyze the pairs composed of the above currencies whether it appears technically a possible trade and in which area ( GBPCHF Long, CADCHF Long, etc ...)
On Monday, I am waiting for the end of the first hour of the London trading session and I will enter or prepare an order's limit on the best selected FX pairs. Partial of positions is possible open at the Sundays Markets-open
CADCHF I will trade LONG, partial of id position is now open at 0,6930, target 0,6980, stoploss 0.6910.
From commodities I will trade Cotton on the SHORT side
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.