Weekly trend swing trading idea Gbp/Jpy
Hello Traders,
Here you can find my weekly trade ideas. They mainly serve to achieve a possible learning effect or to show other perspectives how other traders set their positions and act, should be very interesting. The focus is on the "point of view" (learning through seeing).
All trades amount to Fundamental, Economical, Mathematical, - Technical information.
In the 4 years that I have been trading now, I have simply learned that the trades are only as good as the information that is based on them, the higher the density of information, the better and more likely that the trade will work.
Every week on Sunday there is an update, because new information is published over the period. Depending on how these end, the trade is either closed "early" or it continues on its way towards TP (Take Profit).
CRV (opportunity-risk ratio) is ALWAYS 1 to 3.
Trading style includes hedge and trend based swing trading and position trading approaches.
Please use your own criteria (entry, exit,etc.) and don't be a copy, otherwise it won't work, find out which style suits to you.
Enjoy and take what you need.
Haave a nice Week :)
Here you can find my weekly trade ideas. They mainly serve to achieve a possible learning effect or to show other perspectives how other traders set their positions and act, should be very interesting. The focus is on the "point of view" (learning through seeing).
All trades amount to Fundamental, Economical, Mathematical, - Technical information.
In the 4 years that I have been trading now, I have simply learned that the trades are only as good as the information that is based on them, the higher the density of information, the better and more likely that the trade will work.
Every week on Sunday there is an update, because new information is published over the period. Depending on how these end, the trade is either closed "early" or it continues on its way towards TP (Take Profit).
CRV (opportunity-risk ratio) is ALWAYS 1 to 3.
Trading style includes hedge and trend based swing trading and position trading approaches.
Please use your own criteria (entry, exit,etc.) and don't be a copy, otherwise it won't work, find out which style suits to you.
Enjoy and take what you need.
Haave a nice Week :)
Trade active:
Still Active and running, No critical change, Next Update is coming on next Sunday.
Trade active:
Still running, no change
Comment:
Trade Still running, No Change
Comment:
Comment:
possible Movement for next Week
Comment:
Comment:
GBP has gone lower again to get liquidity, some call it stop hunting. It is only important to have the information behind it and to know why this is happening. I still expect the price to continue to rise. Fundamentally, everything still speaks for it. The trade continues as normal. I am personally opening another long position
Comment:
Comment:
When Market opened,we close Our Position with +0,25% and 62 Pips, in the Next Comment i explain why
Comment:
Comment:
Fundamentally, the JPY has gained quite a bit of strength, the commercials are currently indicating the direction in this currency and the big speculators are following suit, as can be seen from the COT data. The commercial movement lasts on average for up to 6 weeks, according to my own approach this would now be up to 3 weeks. That's why I expect a new low (as shown in the chart) before we have the next big long.
Comment:
Update is coming when we Have a potential Trade