Forex Trading Weekly Review

    • 11/03/2018
    • EURUSD GBPUSD AUDUSD USDCAD USDJPY

Forex Trading Weekly Review - of 5 main Currency pairs EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY - based on Masterforex-V New Technical analysis.

 

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EURUSD currency weekly review: d1 is in a flat phase. H4 as well

GBPUSD currency weekly review: H4 and d1 in a flat phase

AUDUSD currency pair weekly review: H4 trend down has stopped and moved in to a flat phase. New reference points are created

USDCAD currency pair weekly review: This pair is in a d1 trend phase up. But the h4 wave is stopped. A new high is needed

USDJPY currency pair weekly review: This pair is in a h4, d1, w1 trend phase down with a pivot point. Trend phase will proceed as long as pivot point is not broken


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1. Strategy

Develop exact understanding of how Forex Market moves and identify the strategic direction.

2. Tactics

Create a Tactical plan for each trading session based on your strategy. Know what you are doing and when you are doing it.

3. Trading System

Trading system is just a set of mathematical rules and nothing more.