Trading plan for EURUSD, GBPUSD, USDJPY for 11/11/2020
EURUSD*
Technical analysis**:
Trend: 0
Trend power: 2
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 1,1720 with a stop loss above 1,1680 and a take profit near 1,1840.
Buy near 1,1620 with a stop loss above 1,1580 and a take profit near 1,1700.
Sell near 1,1890 with a stop loss above 1,1920 and a take profit near 1,1760.
Sell near 1,1950 with a stop loss above 1,1990 and a take profit near 1,1840.
GBPUSD
Technical analysis**:
Trend: 1
Trend power: 4
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 1,3140 with a stop loss above 1,3090 and a take profit near 1,3240.
Buy near 1,3020 with a stop loss above 1,2970 and a take profit near 1,3150.
Sell near 1,3260 with a stop loss above 1,3310 and a take profit near 1,3150.
Sell near 1,3370 with a stop loss above 1,3420 and a take profit near 1,3250.
USDJPY
Technical analysis**:
Trend: -1
Trend power: -1
Overbought/Oversold: absent
Preferable trade direction: sell
Sell near 105,20 with a stop loss above 105,70 and a take profit near 104,30.
Sell near 106,10 with a stop loss above 106,60 and a take profit near 105,20.
Buy near 104,20 with a stop loss above 103,80 and a take profit near 105,20.
* 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 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: buy
Buy near 1,1720 with a stop loss above 1,1680 and a take profit near 1,1840.
Buy near 1,1620 with a stop loss above 1,1580 and a take profit near 1,1700.
Sell near 1,1890 with a stop loss above 1,1920 and a take profit near 1,1760.
Sell near 1,1950 with a stop loss above 1,1990 and a take profit near 1,1840.
GBPUSD
Technical analysis**:
Trend: 1
Trend power: 4
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 1,3140 with a stop loss above 1,3090 and a take profit near 1,3240.
Buy near 1,3020 with a stop loss above 1,2970 and a take profit near 1,3150.
Sell near 1,3260 with a stop loss above 1,3310 and a take profit near 1,3150.
Sell near 1,3370 with a stop loss above 1,3420 and a take profit near 1,3250.
USDJPY
Technical analysis**:
Trend: -1
Trend power: -1
Overbought/Oversold: absent
Preferable trade direction: sell
Sell near 105,20 with a stop loss above 105,70 and a take profit near 104,30.
Sell near 106,10 with a stop loss above 106,60 and a take profit near 105,20.
Buy near 104,20 with a stop loss above 103,80 and a take profit near 105,20.
* 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 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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bit.ly/2oBvkHY
Больше информации на нашем ютьюб-канале
youtube.com/channel/UCYEOurJfasXWyYnrriGwsqQ
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