AUDJPY WEEKLY ANALYSIS 06/17/2019: BUY PLAN

AUDJPY WEEKLY CHART ANALYSIS:
- RSI = 29 OVER SOLD
- FIB 61.8 SUPPORT
- 74.00 SUPPORTS (TEST 6 TIMES SINCE 2009)
---> BUY
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MEDIUM RISK: POSSIBLE FLASH CRASH (300 PIPS)
SOLUTION: USING SMALL TRADE SIZE WITHOUT STOP LOSS


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EURAUD WEEKLY CHART ANALYSIS 06/17/2019: SELL PLAN

I had a sell plan for EURAUD since 2 week ago. I use two different trading strategies to play this plan:

- Swap: the price is at the strong resistance 1.6400 -1.6500 right now. I entered the plan a little early because at that moment there were sellers. By selling this pair at the resistance I can earn 8% swap yearly.

- Pips Average: I do not know if the 1.6400 - 1.6500 can be valid or not, so I divide the trade plan and enter 0.01 for each time to average the entry price. In long term, I can have the good entry price.

Right now, I am having a little concern about the valid of this trade plan. The up channel is valid right now and there are no sellers. It means the price can go up to 1.7000 before resuming the down trend which is so dangerous.

I decide to hold this plan for Fed Interest Rate Decision on 06/19/2019 without adding more trades.

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Summary:

EURAUD WEEKLY CHART ANALYSIS
- RSI = 73 OVER BOUGHT
- STRONG RESISTANCE AT 1.6400 - 1.6500
- FIB 50 AT 1.6400 - 1.6500
- 97% TRADERS ARE SELLING RIGHT NOW
---> SELL
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- UP CHANNEL: PRICE CAN GO UP TO 1.700 BEFORE RESUMING DOWN TREND
- EXPECT HIGH VOLATILE THIS WEEK
- BIG NEWS IMPACT THIS WEEK



USDJPY DAILY CHART: BUY PLAN VS SELL PLAN

USDJPY DAILY CHART:
- RSI < 50 --> Bears in control
- SYMMETRICAL TRIANGLE
SELL PLAN: 40%, WAIT FOR PULL BACK NEAR 112?
BUY PLAN: 60%
RISK:
- MEDIUM, PRICE IS IN SYMMETRICAL
  RANGE 110.00-112.00
- TRADE WAR US VS. CHINA


USDJPY FOREX ANALYSIS

Risk Disclaimer

There are no guarantees, there is risk of loss, past performance is not an indication of future results, and any information given should be taken as factual and not advisement as it does not consider personal situations of people who are reading. 

Risk Warning: Trading leveraged products is risky. It isn't suitable for everyone and you could lose substantially more than your initial investment. Margin Forex are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone and may result in you losing substantially more than your initial investment. You do not own, or have any rights to, the underlying assets. You should only trade with money you can afford to lose. Past performance is no guarantee of future performance and tax laws may be subject to change.. You'll need to read the relevant legal documents and ensure that you fully understand the risks before making any trading decisions.

USDJPY DAILY: SELL PLAN 05/02/19


USDJPY DAILY CHART:
- RESISTANCE 112.00
- RSI < 50
- PRICE IS BELOW TREND LINE 1
---> READY TO DUMP

SELL PLAN:
SELL@111.509
STOP@112.05
TARGET1@111.05
TARGET2@110.05
RISK: 
- MEDIUM, IN CASE PRICE BREAKS UP OR STILL IN
THE RANGE 110.00-112.00
- IMPACT NEWS: 05/02/19 US NONFARM PAYROLLS,
UNEMPLOYMENT RATE, ISM.


USDJPY FOREX ANALYSIS

Usdjpy Daily Analysis: Buy 04/23/19


USDJPY DAILY CHART:

- TESTING 112.00 LEVEL FOR THE PAST 8 DAYS
- BULLISH TREND LINE
- RSI > 50
---> READY TO JUMP

BUY PLAN:

BUY@111.879
STOP@111.570
TARGET1@112.95
TARGET2@113.85

RISK: MEDIUM, IN CASE PRICE BREAKS DOWN BELOW TREND LINE ---> SELL PLAN




USDCAD H4 ANALYSIS: SELL PLAN 04/22/19

USDCAD H4 chart: PRICE IS RANGING 
1.3400 - 1.3300 (100 PIPS)
------------
SELL PLAN: 
SELL@1.3365
STOP@1.3405
TARGET@1.3310




Xauusd 04/16/19: Buy

Buy Plan:

Price: 1276.6
Stop: 1272.0
Target: 1290.0
Reason: Trendline support with FIB 38.2



Eurusd H4 Analysis 04/16/19: Buy


Buy Plan:

Price: 1.1286
Stop: 1.1245
Target: 1.1345
Reasons: trend line support with FIB 23.6

eurusd buy

Xauusd 04/14/19: Buy or Sell


Buy Plan:
- Trend line 1 bullish since 09/18
- Support zone at: 1280.00
I will wait to see how price tests the support zone and the trend line 1 to decide buy or not.


Sell Plan:
- Descending triangle
- If price breaks below 1280 level and trend line 1, I will sell.


Xauusd: Buy or sell

EurAdud 04/14/19: Buy

It is the same set up for euraud, and I decide to buy again.

First attempt to buy with 20 pips profit. Second attempt to buy with 50 pips profit.

This is third time to buy this pair again.

After two weeks, the pair is still testing the support zone around 1.5750.

I have buy at 1.5750 with stop loss move to break even already. So this is free risk trade.


EurAud Buy

Euraud Analysis 04/01/19: Buy


The trading range of euraud is valid since Jannuary. I decide to buy at the support of the range.

It can be seen as reverse trend for H4 time frame so be careful. If it breaks down the support, it can be ugly. So a stop loss 50 pips from entry price is good.

In case the range is still valid, my target profit is at the resistance.

Keep it simple, and accept the risk.

Update: 
- Also be careful with RBA Interest Rate Decision, and Rate Statement to night.


- I may close it or move stop loss to break even before the events two hours.

euraud analysis: buy

Audusd Analysis 04/01/19: Sell

I decide to sell audusd today because of few reasons:
- Trend line resistance.
- Descending triangle
- Rsi was over bought and down to 57

Apply the trade management to maximum profit and minimize loss.

First target is 0.7080. If the descending triangle breaks down, second target is 0.7000. A stop loss with 30 pips from entry price is good.


Update: 
- Also be careful with RBA Interest Rate Decision, and Rate Statement to night.

- I may close it or move stop loss to break even before the events two hours.


Audusd Analysis

Best Forex Broker: Low Spread, 500 Leverage, ECN Account

Risk Disclaimer

There are no guarantees, there is risk of loss, past performance is not an indication of future results, and any information given should be taken as factual and not advisement as it does not consider personal situations of people who are reading.

Risk Warning: Trading leveraged products is risky. It isn't suitable for everyone and you could lose substantially more than your initial investment. Margin Forex are leveraged products that carry a high level of risk to your capital.

Trading is not suitable for everyone and may result in you losing substantially more than your initial investment. You do not own, or have any rights to, the underlying assets. You should only trade with money you can afford to lose.

Past performance is no guarantee of future performance and tax laws may be subject to change.. You'll need to read the relevant legal documents and ensure that you fully understand the risks before making any trading decisions.