USDCHF moved inline with our expectation in week 6, however, a little surprise came along. However, if you have been going long with USDCHF, you would have made a good profit and stay relatively comfortable for the whole week 7. In week 7, I traded all the 4 symbols I analyzed here in tradingview, and I made about 7% profit in my PAMM managed fund and I hope my...
USDJPY moved as analyzed in week 7. A strong upward movement which ended on Thursday and followed by a start of bearish trend through the end of week 7. For traders who long the pair would be delighted to see their account increase in the first half of week 7, however, the signal to short is quite fast, even though I caught it myself, I exited before the day ended...
In Week 7, EURUSD can be seen as a little confusing to traders. In Week 6, we expected a continuation of the bear trend, but we only see EURUSD keeps pushing and coming back to the zone of the previous zone. That could lead us to think that if the break of the zone has failed and instead stay long or stay out. I would like to think that it is ok to stay out in...
In Week 7, GBPUSD made a wonderful continuation of the established bearish trend. In week 6, the bearish trend rested at bearish zone 2, which leaves us halfway through the trend. In preceding week 7, we see it completed the whole cycle of a bearish trend. I am excited about the new bull trend in week 8. In week 7, I traded all the 4 symbols I analyzed here in...
GBPUSD made a great bearish movement in week 6. It should provide short traders with awesome profit. Together with my entries in EURUSD, it enabled me to make an increase of about 8% in my account equity. Not too bad in my view. In week 6, we see a break down to bearish level zone 2 and it ended off staying in that zone on Friday. What would be expected might be...
A strong bearish move for EURUSD, its low risk and high returns. For all traders who shorted it, congrats! I personally missed the initiate movement of the pair, however, I managed to get in together with GBPUSD, which see a growth of about 8% for week 6 in my overall equity. For week 5's analysis, we expected a bearish move for week 6, which happened in the...
USDJPY moved upward slightly in week 6, which was enough to confirm that bear would be staying out in week 6. It then spend the rest of week 6 staying in range mode, consolidating and getting contracts. Any traders who wants to get the pair to move either upwards or downwards would be stuck with losses. The analysis in week 6 painted an overall bearish view, but...
USDCHF made a strong upwards move in week 6 and only until Thursday and Friday, we see some consolidation going on. It was a good price movement for traders who long this pair. Good profit with minimal risk! USDCHF moved according to our analysis in week 6, however for week 7, it is a little mixed. In the bullish zone 1, we can see a double top pattern which...