EN Review 3.12.2017


Forex Trading Weekly Review - 03.12.2017 (EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY)

    • 03/12/2017
    • 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: On d1 and w1 level this pair is back to the flat phase. On h4 time-frame the pivot point is broken. New reference points are created.

GBPUSD currency weekly review: This pair is in a trend phase of d1 up. As long as pivot is not broken trend up will proceed. Forex trading is happening in a trend phase.

AUDUSD currency pair weekly review: This pair is back to the flat phase of d1 and weekly level. On h4 the reference point is broken and this pair is now in a flat phase of h4 as well.

USDCAD currency pair weekly review: This pair is still in a flat phase of h4. As long as reference points are not broken.

USDJPY currency pair weekly review: Monthly and weekly flat phase is at the moment. H4 impulse down has now stopped. This pair is back to the flat phase.

 


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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

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