Trading plan for EURUSD, GBPUSD, USDJPY for 08/02/2021
EURUSD*
Technical analysis**:
Trend: 0
Trend power: -2
Overbought/Oversold: absent
Preferable trade direction: sell
Sell near 1,2050 with a stop loss above 1,2080 and a take profit near 1,1960.
Sell near 1,2160 with a stop loss above 1,2220 and a take profit near 1,2060.
Buy near 1,1960 with a stop loss above 1,1920 and a take profit near 1,2060.
GBPUSD
Technical analysis**:
Trend: 0
Trend power: 1
Overbought/Oversold: absent
Preferable trade direction: sell
Sell near 1,3730 with a stop loss above 1,3780 and a take profit near 1,3560.
Buy near 1,3550 with a stop loss above 1,3500 and a take profit near 1,3650.
Buy near 1,3450 with a stop loss above 1,3400 and a take profit near 1,3550.
USDJPY
Technical analysis**:
Trend: 0
Trend power: 3
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 105,10 with a stop loss above 104,80 and a take profit near 105,60.
Buy near 104,60 with a stop loss above 104,40 and a take profit near 105,20.
Sell near 105,60 with a stop loss above 105,90 and a take profit near 104,90.
Sell near 106,20 with a stop loss above 106,60 and a take profit near 105,60.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analy
sis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!
Technical analysis**:
Trend: 0
Trend power: -2
Overbought/Oversold: absent
Preferable trade direction: sell
Sell near 1,2050 with a stop loss above 1,2080 and a take profit near 1,1960.
Sell near 1,2160 with a stop loss above 1,2220 and a take profit near 1,2060.
Buy near 1,1960 with a stop loss above 1,1920 and a take profit near 1,2060.
GBPUSD
Technical analysis**:
Trend: 0
Trend power: 1
Overbought/Oversold: absent
Preferable trade direction: sell
Sell near 1,3730 with a stop loss above 1,3780 and a take profit near 1,3560.
Buy near 1,3550 with a stop loss above 1,3500 and a take profit near 1,3650.
Buy near 1,3450 with a stop loss above 1,3400 and a take profit near 1,3550.
USDJPY
Technical analysis**:
Trend: 0
Trend power: 3
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 105,10 with a stop loss above 104,80 and a take profit near 105,60.
Buy near 104,60 with a stop loss above 104,40 and a take profit near 105,20.
Sell near 105,60 with a stop loss above 105,90 and a take profit near 104,90.
Sell near 106,20 with a stop loss above 106,60 and a take profit near 105,60.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analy
sis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!
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Больше информации на нашем ютьюб-канале
youtube.com/channel/UCYEOurJfasXWyYnrriGwsqQ
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