My roadmap to tradingFX

My first trading yourney
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WHAT IS MOVING THE MARKET _ 06-02-2021_11-02-2021

Calander events for the week remaining.

Good evening Egbert,

Good going on your new thread. I have subscribed. I look forward to your thoughts and progress

Lot of pairs moving today,

AUDUSD, AUDCAD, AUDJPY,
NZDUSD, NZDJPY, NZDCAD,
GBPUSD, GBPCAD,GBPJPY,
EURUSD, EURJPY,
USDJPY,

Out of all these pairs I found that EURJPY is the most attractive to trade/ Ready to SELL.
- ADR 100%
- Resistance (R61)
- All timeframes in agreement/ showing weakness. ( Overbought)

Note
Should consumer sentiment be negative EURJPY is poised to go down further, as it is already adjusted negatively.
USDJPY will be at a great spot to buy next week.

USDJPY is in an UPTREND.

Are the above pairs the ones you consistently trade? I pretty much stay away from the yen pairs.

GBP is having GDP q/q news tomorrow adjusted negatively.
Trend is up
Will we buy at a better prise tomorrow?

I wont say consistently, BUT rather trade what the market gives you.
* Best see what is moving daily, and adjust your trading.

Regards.

Note
The positive news for USD today helped pushed EURJPY over the edge coupled to the negative news tomorrow.....?
EURJPY is the weakest link for USDJPY pairs.

Will buy at a better price..
Trend is up.

Price action neutral after Gov Lowe speech.
Can we see overbought conditions(possible)
Lower timeframes already breaking down.
Patience, till after the news.

Hi Egbert

Beste met jou thread / Best for your thread - subscribed.

Cheers / Mos

- With neutral price action on D1
- Price overbought until H1
- Price weekness on H4
- ADR overstretched
- News assisting to sell

NOTE
Keep an eye on Tuesday's release for AUD rate minutes.

What was moving Friday (11-02-2021)

USDJPY,EURJPY,CADJPY,GBPJPY,AUDJPY,NZDJPY,
EURUSD,EURGBP,EURAUD,EURNZD,
USDCAD,EURCAD,
AUDUSD,
GBPUSD,GBPAUD,
NZDUSD,

Current positions
EURJPY
- Lower time frames is falling appart, over stretched(M5 - H1)
- Confirming a pull back to pivot point, confirming the down trend
- H4 still supports down trend
- D1 is confirming down trend

GBPAUD
- D1 is still neutral with an up trend
- Lower time frames is confirming down trend
- We might see an bounce from S38 confirming the up trend on D1
- News for GBP came out red on Friday

NOTE
- REMEMBER CALANDER ON MONDAY

Next week Monday trading of Friday's momentum

AUDJPY
- D1 neutral with an up trend(Overbought)
- H4 price action is down
- M5 to H1 is showing weakness a bounce from the pivot will sement the downtrend
- Look to enter at pivot point

GBPJPY
- D1 neutral with an uptrend
- Resistance at 157.695
- TDI is making LH
- M5 to H1 is showing weakness
- H4 trend is down(OverBought)

CADJPY
- D1 neutral with an uptrend
- H4 confirms the downtrend(Overbought)
- M5 to H1 showing weakness
- Bounce from the pivot will sement the downtrend

USDJPY
- D1 weak price action with an uptrend
- D1 resistance at 116.100
- H4 confirms the downtrend(Overbought)
- M5 to H1 neutral and up(Oversold)
- Waiting for a bounce

Continue

NZDUSD
- D1 price action is neutral
- H4 down trend
- M5 to H1 Oversold
- Daily had Regular divergence
- Look to BUY the dips

02-03-2022

CADJPY

- 100% ADR
- R61
- D1 Uptrend
- Spread good
- H4 weak Uptrend
- Spread normal
- H1 Up trend
- Normal spread
- Way overbought
- M5 _ M30 braking down

Markets that was moving Friday - 04-03-2022

EURJPY, EURCAD, EURAUD, EURUSD, AUDJPY, AUDUSD, AUDCAD, USDJPY, CADJPY

EURJPY
H4 - Price action starting to brake down, Over Sold

H1 - Strong Price Action Up, BUT still Down Trend

M30 - Good Price Action Up, BUT still Down Trend

EURCAD
H4 - Price action Neutral, Over Sold

H1 - Price Action Neutral, Over Sold

M30 - Good Price Action Up, BUT still Down Trend

M15 - Good Price Action Up, Up Trend

EURAUD
H4 - Price Action Neutral, Over Sold

H1 - Good Price Action Up, Over Sold

M30 - Good Price Action Up, BUT still Down Trend

EURUSD
H4 - Price Action Neutral, Over Sold

H1 - Good Price Action Up, BUT still Down Trend

M30 - Good Price Action Up, BUT still Down Trend

M15 - Good Price Action Up, Up Trend

NEWS EVENTS FOR EUR

- The Main Event will be their interest rates
- Would be intresting to hear their thoughts on GDP and Inflasion

AUDJPY
H4 - Strong Price Action Down, BUT still an Up Trend

H1 - Good Price Action Up, BUT still an Down Trend

M30 - Price Action is neutral, Down Trend

AUDUSD
H4 - Good Price Action Up, Over Bought

H1 - Good Price Action Up, Up Trend

M30 - Good Price Action Down, BUT still an Up Trend

AUDCAD
H4 - Good Price Action Up, Overbought

H1 - Good Price Action Down, BUT still an Up Trend

M30 - Good Price Action Down, BUT still an Up Trend

News Events For AUD
- Balance of trade - CAD
- Wespack Consumer Confidence - AUD
- Employment Change - CAD
- Unemployment - CAD

CADJPY
H4 - Strong Price Action Down, Down Trend

H1 - Strong Price Action Up BUT still an Down Trend

M30 - Neutral Price Action, Down Trend

USDJPY
H4 - Strong Price Action Down, Down Trend

H1 - Neutral Price Action, Over Sold

M30 - Neutral Price Action BUT still an Down Trend

NEWS EVENTS FOR USD
- Core Inflation
- Inflation
- Michican Consumer Sentiment

Good Job, EG. Great stuff!!

Not easy journaling trades though.

I hope this lasts!

What moved Friday,

Intrested to trade EURCAD for a SELL from Fridays momentum.

15_03_2022

The Forecast still Lower than previously for USD and EUR.

16_03_2022
The inflasion forecast for CAD
Fed Interest rates forecast to increase to 0.50 points