I hope you guys have a good trading month so far. In this post, I will show you all the trades that I have taken for the trade copier service plus share my analysis with you for the EURUSD and USDJPY for this coming week.
I hope that you guys can benefit from my analysis and make some small profits from it
In the video below, you will see my analysis for this coming week plus you will see all the trades that I have taken for my trade copier service so far.
Below is the analysis for the EURUSD and USDJPY for this week
If you take a look at the daily, 4 hourly and 15 minutes chart of this pair, you can see that the EMA are stacked one after the other with good angle and separation which is a sign of strong down trend.
Therefore I will advice you to look for opportunity to go SHORT for the USDJPY this coming week. In fact, we have an ongoing SHORT trade on the USDJPY and I have shifted the stop loss to breakeven which means that the trade is either a winning trade or a breakeven trade
Please do not enter a trade based on the overall trend. Besides the overall trend, you need to have a set of pre trade conditions plus entry and exit criteria to enter a trade.
I cant share with you the exact way I do it here as it will be unfair for those who join my course.
What I can tell you is to test out different indicators and make use of major support and resistance to give you a good entry and exit
For the EURUSD, it is harder to trade for this week as there are mixed trend on the higher time frame and the lower time frame.
Therefore I will advice you to stay away from this pair this week or if you really want to trade, please go for range trading to ensure more profits than trend trading
For those of you who are interested to join my trade copier service, you can take a look at it below as there is a promotion going on