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Technical and fundamental analysis learning material 10 replies

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Fundamental and Technical for GBPJPY 1 reply

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Fundamental and Technical Success

Quoting flockofpips
This week spike trading is for GBP retail sale, i will be trading the swing in the direction of the news before the day of the news to maximize my profit and the pair i will trade most this week is GBPAUD,also CAD pairs like USDCAD, after every news , i will be watching for the strongest and the least for pair to trade. Also as always will be trading the PA of enormous strength without news of any currency. That's the plan for the week, have a green pips for the week. Flock of pips
How do you actually use the currency strength indicator ?
Quoting noname2x
{quote} How do you actually use the currency strength indicator ?
when you see big difference in the currency strength indicator like the NZDJPY i posted in the first page then look for the lowest from the pairs that's your pair to trade for the news and this should happen within seconds..
hello, can you show your entry again
Quoting flockofpips
{quote} when you see big difference in the currency strength indicator like the NZDJPY i posted in the first page then look for the lowest from the pairs that's your pair to trade for the news and this should happen within seconds..
Interesting , may I ask what the logic behind ? Base on the example on the first page, why don't you trade USDJPY, cause USD is quite stretched
Quoting noname2x
{quote} Interesting , may I ask what the logic behind ? Base on the example on the first page, why don't you trade USDJPY, cause USD is quite stretched
I did not see USD stretch but NZD maybe you should check very well, i do trade USDJPY but only for non news strength which is around the support zone i drew
Quoting ingo3344
hello, can you show your entry again
subscribe to the forum you will see a lot of entry opportunity posted so that you can understand the concept behind my strategy
Quoting flockofpips
{quote} I did not see USD stretch but NZD maybe you should check very well, i do trade USDJPY but only for non news strength which is around the support zone i drew
My bad I confused with the green color of USD
No news though i enter late but the risk worth it.. having a tight stop and take profit is my priority.. and as predicted the GBP pairs are consuming the retail sales news before the day
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  • Post #29
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  • Last Post: Feb 18, 2020 9:40am Feb 18, 2020 9:40am
hit take profit.. green pips
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