Disliked{quote} Hi Emmanuel, My pick for the next week will be EURJPY short, with ME/ME. Last Friday close is a WRB, so we may see price consolidation. The risk I see is the price is at the daily support of 119.65. The other candidate could be USDJPY for short, but I picked EURJPY as I see USD stronger that EUR. I will be also looking to short GBPAUD next week, Thanks for your comments, Okoso {image}Ignored
Hi okoso.
Quite simple and easy for you since you have been doing this for sometime already.
EJ is a good pick. Just watch the current Feb low and if that breaks lower, you have Dec low. Both these levels you have on your chart.
Breaking lower below 118.70 will mean we need to pay attention to new market events next week and in the following week. I will pay attention to the market volatility on D1 chart.
GBPAUD is also sell only for me. Watching the D1 volatility and Jan MN low.
Good trading next week, make more money and get a positive cycle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett