Trading plan for EURUSD, GBPUSD, USDJPY for 26/10/2021
EURUSD*
Technical analysis**:
Trend: -1
Trend power: -2
Overbought/Oversold: absent
Preferable trade direction: sell
Buy near 1,1580 with a stop loss above 1,1550 and a take profit near 1,1640.
Sell near 1,1620 with a stop loss above 1,1640 and a take profit near 1,1580.
Sell near 1,1670 with a stop loss above 1,1700 and a take profit near 1,1620.
GBPUSD
Technical analysis**:
Trend: 0
Trend power: 1
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 1,3770 with a stop loss above 1,3720 and a take profit near 1,3870.
Buy near 1,3630 with a stop loss above 1,3580 and a take profit near 1,3760.
Sell near 1,3870 with a stop loss above 1,3920 and a take profit near 1,3770.
USDJPY
Technical analysis**:
Trend: 1
Trend power: 1
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 113,60 with a stop loss above 113,30 and a take profit near 114,20.
* 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 analysis 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: -1
Trend power: -2
Overbought/Oversold: absent
Preferable trade direction: sell
Buy near 1,1580 with a stop loss above 1,1550 and a take profit near 1,1640.
Sell near 1,1620 with a stop loss above 1,1640 and a take profit near 1,1580.
Sell near 1,1670 with a stop loss above 1,1700 and a take profit near 1,1620.
GBPUSD
Technical analysis**:
Trend: 0
Trend power: 1
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 1,3770 with a stop loss above 1,3720 and a take profit near 1,3870.
Buy near 1,3630 with a stop loss above 1,3580 and a take profit near 1,3760.
Sell near 1,3870 with a stop loss above 1,3920 and a take profit near 1,3770.
USDJPY
Technical analysis**:
Trend: 1
Trend power: 1
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 113,60 with a stop loss above 113,30 and a take profit near 114,20.
* 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 analysis 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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