Hi!
Currency of the week: USD
USDJPY long because the price action has the best form.
A strong USD and the idea that GBP might come off after regaining prebrexit levels presents a GBPUSD short idea. On the GBPUSD weekly is a bearish engulfing candle at a double top level.
NZDUSD Short is also on the table but it could also bounce around in that box.
AUDUSD = donezo?
Currently positions:
NZDJPY short
CADCHF long, I now think that;
USD>JPY>CHF>AUD where JPY>AUD & JPY>CAD but don't know about AUDCAD;
which means CHF>CAD;
= close CADCHF long or reverse.
Now that I know I want to go long USDJPY, I need to figure out how to trade this or in other words, how I can fiddle around with the risk so I make money rather than lose money.
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- Forex Trading 2018- TA/FA- Setups and discussion
Hi! Currency of the week: USD USDJPY long because the price...
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