In this post, I am going to share with you my analysis on the GBPUSD and USDJPY so that you can make some profits for your next week trading.
I have received email from readers asking me whether my trade copier has 100% winning trades as they saw 7 winning trades on my post.
I just want to clarify here that my FHEMA strategy do not win 100% of the time but it has a very high winning percentage plus good risk reward ratio that allows it to produce good profits for me and my trade copier users.
In fact, yesterday we have consecutive losing trades but if you take a look at the picture below, you can see that our 2 wins on the GBPUSD has made back all the losses we have incurred during the 4 consecutive losing trades and this is only made possible because of the high risk reward of the strategy.
If you take a look at the picture below, you can see that the first 7 trades is what I have posted on my blog and the last 6 trades were all done yesterday.
Let me start to share with you my analysis
The GBPUSD has moved up a lot yesterday and we have made a good 2 x 50 pips from the movement. If you are a user of my trade copier service, you should see the profits in your account as well.
Below is a live trade video for the 2 GBPUSD trades and you will see another 2 ongoing USDJPY as well.
Do note that the GBPUSD has hit a major resistance at 1.30688 and therefore you have to wait for the price to break through it to enter a trade to ride the new trend.
The USDJPY has been testing the 200 EMA since last night.
In fact, we have enter a SELL trade on the USDJPY yesterday and we will wait for it to move to either hit our target profit or stop loss.
For the USDJPY, I will recommend you to go SHORT for today and next week unless there is some changes in the movement.
If you are interested to join my trade copier service for 30 to 60 days free trial, you can take a look at the link below