Profitable Trade Setups, Strategies and Analysis

We will be looking at trade set-ups in this thread along with Strategies and Analysis.

Today we have a lot of data releases throughout the day along with FOMC meeting minutes and BOC rate statement.

We already had RBNZ rate statement that seems to have bolstered the NZ Dollar. However, I have sold NZD/JPY as it seemed to have reached the resistance on the 4H chart along with another sell in NZD/CHF as well.

NZD/JPY particularly looks interesting to me, chart attached https://www.tradingview.com/x/BfUJ4Leh/

If the resistance zone holds, we could have a profit of 70-80 Pips from it

NZDJPY generated over 70 Pips profit and NZDCHF was profitable too, I will be sharing detailed reports soon

Today's trade set up include long entries in [email protected] , long entries in [email protected] and Short [email protected]. Expecting 100 pips from each of these set-ups if market does fade the USD spike.

Price action doesn’t look so good for EURUSD, however as long as it stays above 1.07, there is a chance for a rebound. I am still holding my trades