Pips, charts and trades

I wish to share "Trading talks" about several currencies I trade. You can also rate my posts based on my trades.

Timeline
2009 I started trading
2012 The first stable profit result (fundamental and long-term)
2019 I developed a new mid. term system with 9% of average monthly gain

Intro
The analytical part is based on the trend theory and key technical levels, as well as indicators MACD and EMA. The risk management strategy is based on gain/loss ratio of 3/1 and algorithm for analysing and calculating possible scenarios and risk associated with them to control the market situation and get the maximum benefit from each position.

Europe news under the radar earlier this week. The euro dollar continues its downward momentum, which has currently covered 75% of the last hourly uptrend. The weekly and daily trendlines are shown and are ascending, with the EMA200 far behind on the 4 hours and daily charts.
The only support level that looks quite stable is 1.1700.
If there is a rise to resistance levels in the 1.1920 area, it will probably be a great chance to sell at a better price.

Breaking the uptrend means that we will not see a retest of 1.42500 anytime soon, and the current momentum is strong enough to reach 1.3670, the level that was in effect in late March and mid-April. An obstacle for such a decline is the current level 1.3800.

Trading talks about the Euro Dollar finally returned to the EMA200 line and did not continue to fall. However, the pair is currently fluctuating between the 50% and 61.8% retracement levels (according to Fibonacci), and we can still hope for an impulse fall to 1.1840. After the growth this week, a possibility of a return to the uptrend appeared, but this will be possible only if the price rise to the channel, above 1.1970.

Pound Yen Talks
Approaching the 50% retracement level means the possibility of a decline in a downtrend on a four hour timeframe with a key level at 152.6. The older timeframe shows an uptrend and therefore the current decline is a correction within it, and the prospect of growth to 153.9 and above 155.15 will be alive if the price does not fall below the June minimum of 151.32

Pound Dollar Talks
The pair is moving lower and lower, now the key level is 1.3740 and a break below it means the continuation and extension of the downtrend. At the same time, the price will not have an impact with a strong support up to 1.3670, but this requires a strong impulse, which may be provided during the NFP today. If the news strengthens the dollar, then a correction will begin within the current downtrend channel.

Euro Dollar Talks

MACD signals a divergence. At the same time, the 1.1840 zone was passed without obstacles and now the nearest resistance level can become 1.1900 and then 1.1970. I would now expect the growth of the currency pair, given the rsi started to rise after the oversold level of 30 and is now at 40. If these signals are not enough, then we will see the testing of 1.1785 again.

Trades from yesterday after 2 loss positions. However the result is profitable and I made some $

The Pound Yen current position

POUND DOLLAR TALKS

I have highlighted the areas I will be paying attention to. If the further upward movement continues and the RSI reaches the overbought level, when the chart reaches the EMA 100, then I will look at the MACD and wait for it to cross the MAs downward, in order to open a short position in time. But if the price breaks through the level of 1.37950, then on the contrary, the probability of continued growth to 1.3900 increases.

I posted the analytics here: https://www.forexfactory.com/thread/...6#post13642156

and after 2 trades closed by sl, I covered it with Gold and Euro Dollar

Here it is

GBP USD Talks August 02
After a short-term rally, the Pound Dollar got into a situation where the pressure of the resistance level forced to retreat. MACD crossed the signal line downwards and the price fell impulsively under the influence of the 1.4000 area, which was also shown by the RSI, after the price was in the zone above 70.
The probability of an attempt to fall past the EMA levels, which are now in the 25-point zone of 1.3836-1.3861, is very high. If there is no fall below these levels, then consolidation will begin, followed by an impulse.

I have received initial signals that the Pound Dollar may continue its recovery and may rise to 1.3510 (initially).

Moderate end of the week and beginning of the month