I didn’t update the blog for a while, as I am busy on other stuff.
Back to the subject, here is the overview of the important news for next week.
The trade plan is as follows:
Gold:
EURUSD:
AUDUSD:
GBPUSD:
I didn’t update the blog for a while, as I am busy on other stuff.
Back to the subject, here is the overview of the important news for next week.
The trade plan is as follows:
Gold:
EURUSD:
AUDUSD:
GBPUSD:
EURUSD Trade Plan as of March 27, 2017:
If euro stands on 1.0884, then we can long euro till 1.0969, where the AB=CD forms.
Wait for the price pull back to 1.0884 and long again towards 1.1122.
We might short euro from 1.1122 area.
Trade with tp and sl.
FX trade plan for NF news March 9 2017:
DXY:
USDJPY:
Gold:
AUDUSD:
The plan (as of March 3, 2017) is as follows:
AMD:
NVDA:
Let me share my opinion on USDJPY and Gold On Feb 26, 2017
USDJPY:
As long as USDJPY hold on to the 111 line, we will still bullish on USDJPY. Otherwise, we will start to short USDJPY.
Gold:
My opinion is to wait for gold pull back to 1240, and then long gold towards 1278 area.
Let me share my opinions for the following currency pairs.
AUDUSD:
Aussie didn’t form any higher peak point, so we can short Aussie if it can’t break previous high point. And we can trade Aussie inside the green box, if it didn’t break through this box. (sell high and buy low strategy).
USDJPY:
Sell high and buy low strategy also applies for current USDJPY within green box.
Gold:
We can take the chance to short gold at current position till 1200. If it break 1240, then we can long Gold at the pull back.
EUR/USD:
It looks like euro is going to break the upward channel, and we can short euro if it can’t break 1.800 area.
GBPUSD:
Pound didn’t break the new high and now is falling down. Not advise to trade Pound for now if you don’t have any short trades previously.
Forex Stategy on Dec 26, 2016
GBPUSD:
We seek to short Pond at 1.2350 area for the pull back. If breaks, then the strategy doesn’t work.
AUDUSD:
Let’s short Aussie at around 0.7255 area till 0.70525, which is the AB=CD completion point.
USDJPY:
We seek to long USDJPY at the yellow box and the target is 121.60.
EURUSD:
Let’s short euro at 1.0525 area if it can’t break the line there.
Gold:
We might seek to short gold at 1142 area and we don’t see any indicator to buy gold yet.