Forex Technical Analysis 8S18

in #forex6 years ago

AUDJPY

Screen Shot 2018-02-25 at 7.31.35 PM.png
Next stop 88 or 73? From long-term it looks like a consolidation before a big move up.

CADCHF

Screen Shot 2018-02-25 at 8.09.18 PM.png
Buying this again

CADJPY

Screen Shot 2018-02-25 at 8.20.02 PM.png
Long-term looks down as hell. Placing buy limit near orange trendline (the big one).

EURCAD

  • So this chart looks differently on tradingview.com:
    Screen Shot 2018-02-25 at 8.40.03 PM.png
    vs investing.com:
    DQmQjG2yvvVLN7CSGZkDTEE3eWwVLZzXXfELBUebvnobb4V.png
    WTF?

EURCHF

Screen Shot 2018-02-25 at 8.47.04 PM.png
Long-term
Buy or not to buy or when to buy?
Samsung, Brexit, Trump...​ Next time when something goes bad I am buying it.

EURGBP

Screen Shot 2018-02-25 at 9.01.51 PM.png
Going to sell bounes down from green trendline.

EURJPY

Screen Shot 2018-02-25 at 9.08.31 PM.png
I think I will short blueline breakdown.

USDCAD

Screen Shot 2018-02-25 at 10.13.52 PM.png
Not sure but blue trendline looks nice.

USDCZK

Screen Shot 2018-02-25 at 10.19.58 PM.png
I bought this last week. Long-term

USDDKK

Screen Shot 2018-02-25 at 10.24.44 PM.png
Not as nice as USDCZK but nice consolidation going on here.

USDJPY

Screen Shot 2018-02-25 at 10.31.58 PM.png
Mind the redline.

Questions

What's up with EURAD?
Where is GBP?

Risk disclosure​: Not a trading advice.
Sources: tradingview.com, mind

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great, i have followed you

Investing and Tradingview charts are different, because Investing is using its own data with Tradingview charting library.

i see you monitor some exotic pairs too! what type of trading do you use. particular systems or more price action based methods?

I believe in ta. When I connect two lowest points on a chart with a ray and the ray is touched in the future I am buying/selling bounces. You can see a great example for example here: https://sola.ai/posts/MjViOGM/
I don't think this is my final strategy but I believe a strategy should be simple.
I think I shouldn't trade exotic pairs. They always broke my stop-losses. 😂

Yeh exotic pairs always caught me out too. Harder to remain rational on the charts with the exotics. Similar to speculative stocks/crypto

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