Forex Trading Weekly Setups Archive

Jan 26 – Jan 31 2020

How did these FX setups do?

BTCUSD – One of the few Bitcoin charts we’ve posted and this pullback ran almost $1000 to the upside.

CADJPY – Was looking long if support held which it did not. What we did get was a breakout and rally back to the underside of the support zone for a short. 60 pip drop from break of retracement lows

CHFJPY – Pullback was in play even with that price drop. While price did begin to rally, there was no entry even on the four hour chart

EURGBP – Downside breakout and retest was in play and the four hour chart gave a failure test entry for 65 pip drop

EURJPY – Strange price action with support holding yet no entry

USDCHF – Pullback in play with a 92 pip downside drop

USDJPY – This was a two way potential trade and price broke support. Clear rally for a retest with a four hour double top entry for 65

Tough week in terms of price movement to trade.  Some of my stock trading friends are finding their watch lists a little empty so these types of markets are normal.  90 pips up for grabs but this week was a lesson in patience.

BTCUSD

BTCUSD

 

CADJPY

CADJPY

 

CHFJPY

CHFJPY

 

EURGBP

EURGBP

 

EURJPY

EURJPY

 

USDCHF

USDCHF

 

USDJPY

USDJPY


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