Forex Trading Weekly Review

18/03/2018

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 pair weekly review: Is in a trend phase down of H4 time-frame.

GBPUSD currency pair weekly review: D1 in a flat phase. At the moment trend up of H4 has stoped.

AUDUSD currency pair weekly review: Is in a trend phase down of H4 time-frame.

USDCAD currency pair weekly review: This pair is in a D1 and H4 trend phase up.

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.