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Forex Trading Weekly Review - 12.11.2017 (EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY)

    • 12/11/2017
    • EURUSD GBPUSD AUDUSD USDCAD USDJPY

Forex Trading Weekly Review - of 4 main Currency pairs EURUSD, GBPUSD, AUDUSD, USDCAD - based on Masterforex-V New Technical analysis.

EURUSD currency weekly review: On d1 and w1 level this pair is back to the flat phase. On h4 time-frame this level is now in a flat phase with narrow borders. Forex trading is happening by using flat trading system.

GBPUSD currency weekly review: On d1 and h4 level this pair stays in the flat phase. Reference points are the same

AUDUSD currency pair weekly review: This pair is back to the flat phase of d1 and weekly level. Pivot point protecting trend of h4 down is now broken ant this pair is back to the flat phase of h4 as well. Forex trading is happening inside flat phase of h4 by using flat trading system.

USDCAD currency pair weekly review: Pivot point that was protecting weekly trend down is now broken. This pair is back to the flat phase of w1 time-frame. Impulse up is now finished and we have borders of new flat of h4.

USDJPY currency pair weekly review: Monthly and weekly flat phase is at the moment. Impulse up on d1 level has now stopped

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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.