Weekly Trade Planning Session 25th June 2023
Greetings, fellow traders!
In today's weekly planning session, we emphasized the significance of focusing on the trading process rather than solely fixating on the outcome. It's crucial to prioritize the steps and strategies involved in trading for long-term success.
During this session, we delved into the portfolio selection process utilizing the CSI (Currency Strength Index) across various timeframes—weekly, daily, and 4-hour—to gather essential information about the major currency pairs. By calculating the cumulative scores, we ranked the pairs accordingly, considering their overall strength.
Additionally, we employed the WavesOfSuccess Strong Trend Scanner to analyze the 4-hour charts of different currency pairs. This allowed us to identify potential Buy pairs and Sell pairs based on strong trending patterns.
Pairs analyzed during the session were as follows:
Buy pairs: GBPUSD, AUDUSD, GBPCAD
Sell pair: USDCHF
We hope that the insights shared during this session prove helpful to your trading journey. Wishing you a fruitful and successful trading week ahead. May you be blessed with favorable outcomes.
Happy trading!
In today's weekly planning session, we emphasized the significance of focusing on the trading process rather than solely fixating on the outcome. It's crucial to prioritize the steps and strategies involved in trading for long-term success.
During this session, we delved into the portfolio selection process utilizing the CSI (Currency Strength Index) across various timeframes—weekly, daily, and 4-hour—to gather essential information about the major currency pairs. By calculating the cumulative scores, we ranked the pairs accordingly, considering their overall strength.
Additionally, we employed the WavesOfSuccess Strong Trend Scanner to analyze the 4-hour charts of different currency pairs. This allowed us to identify potential Buy pairs and Sell pairs based on strong trending patterns.
Pairs analyzed during the session were as follows:
Buy pairs: GBPUSD, AUDUSD, GBPCAD
Sell pair: USDCHF
We hope that the insights shared during this session prove helpful to your trading journey. Wishing you a fruitful and successful trading week ahead. May you be blessed with favorable outcomes.
Happy trading!