Daily Analysis, Forecast and trading journal by empire

Daily Analysis, Forecast and trading journal by empire

Prior to European open I go through a daily routine to prepare and predetermine the day’s possible actions.

I would like to journal my daily routine and intraday trades for the purpose of discipline and back track records.
For my day trading, I focus and monitor four major pairs to spot strengths and weakness points to plot profitable trades.

Pairs under my watch are EUR/USD – EUR/JPY – GBP/USD – GBP/JPY. I trade with no stop loss.

Fellow members are welcome to input as well by sharing of their own daily forecast/analysis and overall positive interacting.


Regards,
empire

I am a bit late today but i will place today's DAF out in a bit..

Monday Sep 1st..



EUR/USD

Main trend on eu is Bearish.. last bear leg been going for about a week and half after breaking out of last bearish box.. the recent action is bearish however all last week showed hesitations till Friday late where took off some what bearish again..
overall it's a bearish one and the call for me is, shorting the dip.

GBP/USD

Main trend on gu has been strongly bearish with making LL's for quiet some time now. The recent action has shown some slow downs with solid DB in place when all last week it formed a week long bear box which today has broken firmly from 66000 roundi.
With all that said this pair is still strongly bearish and I'll personally would watch for DT.
The call for me is shorting the dip.

EUR/JPY

I only stick to most recent action on this one where I see as a bearish pair from recent signs, but really it could be going up or down with no strong take on one side maybe slightly favoring the short.
The call for me on this one is betting either way when weakness is of any level is spotted.

GBP/JPY

Main trend gj is Bullish.. but all last week played up and down in a wide bull box with more weight on upper side which is sign of upward break away and today is conforming that scenario.. so bullishly intact.
The call for me is to buy the dip.




Will see how the day shapes up..

ej short at 1.37000
.. going reverse at major round number especially when price has bonked after weak bull move earlier..

gj short at 173.300
.. going reverse on this one for a small gain as i see price weakening at this level after today's upward 50ish strike..

Empire are you trading these 4 pairs using the consequence method or a different trading method? Thanks again for all the work you share on here.