TWF: 2021

Tuesday, June 29, 2021

CADJPY Currency Analysis (Tuesday of Week: 26 of 2021)

CADJPY

CADJPY Market Sentiment :Bullish (Short Term Bearish)

Sunday, June 27, 2021

Currency Analysis (Week: 26 of 52):CADJPY, GBPUSD & XAUUSD

GBPUSD

GBPUSD Market Sentiment :Bearish

XAUUSD

XAUUSD Market Sentiment :Bearish (Long Term Bullish)

CADJPY

CADJPY Market Sentiment :Bullish (Short Term Bearish)

Tuesday, June 22, 2021

CADJPY Currency Analysis (Tuesday of Week: 25 of 2021)

CADJPY

CADJPY Market Sentiment :Bearish

Sunday, June 20, 2021

Currency Analysis (Week: 25 of 52):CADJPY, GBPUSD & XAUUSD

CADJPY

CADJPY Market Sentiment: Bearish

XAUUSD

XAUUSD Market Sentiment: Bullish

GBPUSD

GBPUSD Market Sentiment: Bullish

KEY TAKEAWAYS

-Having a plan is essential for achieving trading success.

-A trading plan should be written in stone, but is subject to re-evaluation and can be adjusted along with changing market conditions.

-A solid trading plan considers the trader's personal style and goals.

-Knowing when to exit a trade is just as important as knowing when to enter the position.

-Stop-loss prices and profit targets should be added to the trading plan to identify specific exit points for each trade.

Tuesday, June 15, 2021

CADJPY Currency Analysis (Tuesday of Week: 24 of 2021)

CADJPY

CADJPY Market Sentiment:Bearish

Trending markets

Experienced traders know that finding a strong trend and trading in the trend’s direction, has the potential to lead to higher probability trades.

It is essential for traders to ask this question. Often traders blow up their accounts by leveraging the account to the maximum when chasing “sure things”. One way to avoid this is to limit the leverage used on all trades to ten to one, or less. Another helpful tip is to set stops on all trades and ensure that the aggregate amount risked is no more then 5% of the account balance.

Sunday, June 13, 2021

Currency Analysis (Week: 24 of 52): CADJPY, GBPUSD & XAUUSD

XAUUSD

XAUUSD Market Sentiment :Bullish

CADJPY

CADJPY Market Sentiment : Bearish

GBPUSD

GBPUSD Market Sentiment :Bearish

Before entering a trade, make a checklist and ask yourself the following questions:

Is the market trending or ranging?
Is there a significant level of support or resistance nearby?
Is the trade confirmed by an indicator?
What is the risk to reward ratio?
How much capital am I risking?
Are there any significant economic releases that can impact the trade?
Am I following the trading plan?

Tuesday, June 8, 2021

CADJPY Currency Analysis (Tuesday of Week: 23 of 2021)

CADJPY

CADJPY Market Sentiment: Bearish

Sunday, June 6, 2021

Currency Analysis (Week: 23 of 52): CADJPY, GBPUSD & XAUUSD

CADJPY

CADJPY Market Sentiment: Bearish

GBPUSD

GBP/USD Market Sentiment: Bullish

XAUUSD

XAUUSD Market Sentiment: Bearish

Tuesday, June 1, 2021

CADJPY Currency Analysis (Tuesday of Week: 22 of 2021)

CAD/JPY

CADJPY Market Sentiment: Bullish (Long Term Bearish )

Monday, May 31, 2021

Currency Analysis (Week: 21 of 52): CADJPY, GBPUSD & XAUUSD

CAD/JPY

CADJPY Market Sentiment: Bearish

Currency Analysis (Week: 21 of 52): CADJPY, GBPUSD & XAUUSD

CADJPY

CADJPY Market Sentiment: Bearish

CADJPY Currency Analysis (Tuesday of Week: 21 of 2021)

CAD/JPY

CADJPY Market Sentiment: Bullish (Long Term Bearish )

The candlestick is a representation of people's behaviour, hence PATTERN Formations will always vary but always have a recognisable shape (or pattern).

Writer: Nature
Editor (s): Nature & Awe Olufunso
Publisher: Awe Olufunso

Sunday, May 23, 2021

Currency Analysis (Week: 20 of 52): CADJPY, GBPUSD & XAUUSD

CADJPY

CADJPY Market Sentiment: Bearish (Short Term Bullish)

GBPUSD

GBP/USD Market Sentiment: Bullish (Long Term Bearish)

XAUUSD

XAUUSD Market Sentiment: Bearish

Tuesday, May 18, 2021

CADJPY Currency Analysis (Tuesday of Week: 20 of 2021)

CADJPY

CADJPY Market Sentiment: Bullish (Long Term Bearish )

A pattern is forming (Rising wedge)

Adding to that, always look for a PATTERN most likely a bear flag and make sure you ENTER from a pull back close to the breakout point or just above the entry line in the image above.