Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 5x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/USD Sell, GBP/CHF Sell, GBP/USD Sell, USD/CAD Buy & USD/JPY Buy. A few of these are high risk and there is obviously some correlation here, so be aware of risk % per trade and overall risk. Enjoy the day all. Cheers. Jim
26th Nov: My remaining Sell trade on the GBP/CHF was stopped out on the 24th Nov for an overall small profit. I missed that on my Friday morning update. Oops. I am still in a Buy trade on this pair from the 18th Nov. Cheers. Jim
JAGfx
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17th Nov: I have closed half of my GBP/CHF Sell position as there is a new green dot on the MACD Platinum below the zero level. Not much profit at all so far on this Sell but this now puts me in a no lose position as the Stop had been previously pulled down closer to the entry. Cheers. Jim.
JAGfx
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15th Nov: The GBP/CHF Sell trade had its Stop moved down to 1.14697 as the MACD is well and truly through the zero level. Leaving the full position size on for now though as I think there is s till some downside here. But risk has now been greatly reduced. Cheers. Jim
JAGfx
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11th Nov: The GBP/USD Sell trade was was closed for a loss as there was an opposite QMP Filter dot on the price chart on today's open. So closed before it hit the original Stop and if it does goes through that level, then I would have saved myself a few pips. Still in a partial no lose Sell trade on this pair from the 3rd Aug. Cheers. Jim
JAGfx
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10th Nov: The AUD/USD Sell trade was stopped out for a loss. The good thing is that I still have partial Sell trade on from the 3rd Aug and a partial Buy trade on from the 19th Oct, so not all is lost. Cheers. Jim
JAGfx
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9th Nov: Both the USD/CAD and USD/JPY Buy trades were closed out for a loss on this morning's open due to the fact that there is an opposite QMP Filter dot on the charts, which neither are a valid Sell signal. Best just to take the partial loss instead of letting the original Stop be taken out. I am still in a no lose partial Buy trade on the USD/CAD, and also still in a Sell trade & a no lose partial Buy trade on the USD/JPY, so not looking too bad as yet on either pair. Cheers. Jim
JoeChampion
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Thank you for this video!
jenisgiles
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Greatly appreciated Jim, this is really helping my learning.
Tradersweekly
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Thank you.
fxtrader555
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Currently Usdjpy show political battle between usa vs japan, usa want every country to go into recession and high inflation, japan keep inflation low and do not listen american order.... so american way is to destroy yen.... so japan will increase interest rate