Forex : suggestions for main currencies

Forex, 1st may 2017 : suggestions for main currencies

Dear readers,
every financial market sessions of Sidney, Tokyo, London and New York, I watch volatility and direction parameters analyzed on the forex pairs taking advantage of correlations between the majors world's currencies :

AUD , CAD, EUR , GBP , JPY , USD .
 
For the next hours, I prefer long setups on Great Britain Pound and Euro versus short on Canadian Dollar and Japanese Yen

I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.

Thanks and good job.

very good point - always beware the economic news. Especially NFP on Friday

Yeah that's a good pair dear, I hope this news will help you: https://www.funds-money.com/sterling-remains-steady/ as I have read that the pound has held below seven-month highs versus the dollar.

Suggestion:
stay away as todays and sundays news could market a lot

I hope you've taken into account the elections in France tomorrow. There will probably another big gap on most currency pairs when the market opens on Monday.

Hello Andrea, I am interested to know more about your trading strategy! By the way, right now I am working with only EUR/USD, USD/JPY and EUR/JPY! Because, my personal trading strategy provides only good accuracy on these 3 trading pairs! Besides, now I am testing GBP/JPY and USD/CAD in demo with another trading strategy!

MeuLugar posted:
Hello Andrea, I am interested to know more about your trading strategy! By the way, right now I am working with only EUR/USD, USD/JPY and EUR/JPY! Because, my personal trading strategy provides only good accuracy on these 3 trading pairs! Besides, now I am testing GBP/JPY and USD/CAD in demo with another trading strategy!

Why do not you write a private message? It looks like planned advertising.

MeuLugar posted:
Hello Andrea, I am interested to know more about your trading strategy! By the way, right now I am working with only EUR/USD, USD/JPY and EUR/JPY! Because, my personal trading strategy provides only good accuracy on these 3 trading pairs! Besides, now I am testing GBP/JPY and USD/CAD in demo with another trading strategy!

Why are you interested in following him? He has already lost half of his account.

Dear readers,
at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs,
searching for the most profitable conditions to place a trade.
 
Yesterday GBPJPY price has closed at 145,75 with 0,68% of positive variation, so for today
I prefer long setups with stop loss over 144,30 area and take profit around 149,00.

I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.

Thanks and good job.

There is no single strategy that guarantees perfect entry and exit levels, but there are strategies that work better in different markets. If you can devise a series of strategies for different market types, and then recognize the type of market you are dealing in, you will be a long way towards becoming a good trader.

How can you identify the type of market you are in? A trending market can become a ranging market quite quickly and then big losses could be made

ForexTrader90 posted:
There is no single strategy that guarantees perfect entry and exit levels, but there are strategies that work better in different markets. If you can devise a series of strategies for different market types, and then recognize the type of market you are dealing in, you will be a long way towards becoming a good trader.

I agree with you and I am never sure whenever I place a trade if it will be a winner or a looser one.

By the way, after a bad period at the beginning of 2017, in the last june I have backtested several times my strategy for a 10 years period and the results of the amendments are satisfactory, so I have no more fear to run it.

BrownTie posted:
How can you identify the type of market you are in? A trending market can become a ranging market quite quickly and then big losses could be made

I cannot be sure of the type of market, as you correctly say, but I trust my strategy and rules, and try to share my opinion with other traders, accepting their point of view and learning with them, on my mistakes.

Forex , 2nd august 2017 : suggestions for main currencies

Dear readers,
at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs,
searching for the most profitable conditions to place a trade.
 
Yesterday GBPJPY price has closed at 145,76 with 0,04% of positive variation, so for today
I prefer long setups with stop loss over 144,30 area and take profit around 149,00.


Thanks and good job.

Forex , 3rd august 2017 : suggestions for main currencies

Dear readers,
at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs,
searching for the most profitable conditions to place a trade.
 
Yesterday GBPJPY price has closed at 146,40 with 0,47% of positive variation, so for today
I prefer long setups with stop loss over 145,00 area and take profit around 149,70.

I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.

Thanks and good job.