Cryptocurrency and Forex Trading Setups – Archive


10 Free Forex SetupsSun July 1 2018 – Fri July 6  2018
0 Cryptocurrency Setups

The setups below gave potential of 450 for the week.  Here is how they played out.

AUDNZD – Mean reversion played out with our failure test of highs leading to a 70 pip drop.

CADCHF – Nothing

CHFJPY – Prece pulled into our zone of interest and four hour chart setups for 40 pips.

EURCAD – Price ranged

GBPAUD – Example of a failure of a flag where price simply ranges

GBPCAD – Sideways

GBPUSD – Price grinds higher for 70 pips as the extended market mean reverts

NZDCAD – Another extended market where the setup chart said to watch form mean reversion. 80 pips

NZDCHF – We wanted a pop up…and got the pop up for 70 pips.

NZDUSD – Said to look for a counter trend long and it played out for 120 pips.

Given that we are entering a slow season of trading, the posted Forex setups did well following our usual approach that plays out every week.

418 pips is enough for those with a larger account to better a full time 40 hour/week income. Average of even $5/pip with the potential pip gain of 418 is $2090 for the week. No, you probably would not get all those pips but even half is nothing to laugh at.

The crypto trades did nothing which means you should not have entered any of the ones that were posted. Zero price action that would mean a trade entry.

For the next 2 months, I would suggest reading through the website, go over previous setups, and hone your trading craft. Now is not the time to be knee jerking into trade.

READ  Trader Talk

Even better, hammer out and test your trading plan.

Watch the CAD crosses this week.  CAD has been strong and is driving those moves.

 

AUDNZD

AUDNZD

 

CADCHF

CADCHF

 

CHFJPY

CHFJPY

 

EURCAD

EURCAD

 

GBPAUD

GBPAUD

 

GBPCAD

GBPCAD

 

GBPUSD

GBPUSD

 

NZDCAD

NZDCAD

 

NZDCHF

NZDCHF

 

NZDUSD

NZDUSD

125 Responses

  1. JohnnieMac
    • Johnniemac
  2. Toyin
    • SD
  3. JohnnieMac
  4. Jenni
    • johnniemac
  5. Johnniemac
    • Johnniemac
  6. Toyin
  7. JohnnieMac
  8. JohnnieMac
  9. Debra
  10. Fin
  11. Langa LL
  12. Shingi
  13. JohnnieMac
  14. Michael
  15. Shingi
  16. JohnnieMac
    • JohnnieMac
  17. Lin
  18. Oladele Odumosu
  19. JohnnieMac
  20. joseph m
  21. JohnnieMac
    • JohnnieMac
      • JohnnieMac
  22. Venis
  23. JohnnieMac
  24. Shingi
  25. Shingi
  26. Uzoma Nnamdi
  27. Thabani
  28. Michael
  29. Frieda
  30. JohnnieMac
    • JohnnieMac
  31. Michael
  32. JohnnieMac
    • JohnnieMac
  33. Sandy
    • SD
  34. Shingi
  35. Colin
  36. JohnnieMac
  37. Colin
  38. phuong
  39. Johnniemac
  40. Shingi
  41. Johnniemac
  42. leroy
  43. Steve
  44. Ian
  45. JohnnieMac
  46. Fredrick
  47. Igor
  48. Shingi
  49. Shingi
  50. Shingi
  51. Marcel
  52. JohnnieMac
  53. Mike
  54. Rudy
  55. Ramath
  56. Christine
  57. Kvetoslava Prutkayova
  58. Shingi
  59. Colin
  60. Shingi
  61. Colin
  62. Steven
  63. Shingi
    • Shingi
      • Shingi
        • Shingi
  64. Antoine
  65. Kev
  66. Nelson
  67. ashok
  68. Shingi
    • Shingi
  69. Liz
  70. kaysalas
  71. Zach
  72. Shingi
  73. David
  74. Sara
    • SD
  75. Stan
    • SD
      • Stan
  76. Shingi
    • SD
  77. clen
    • SD
  78. Lin S
    • SD
  79. Steven
    • SD
  80. Shingi
    • SD
  81. Syd
    • SD
  82. fred
    • SD
    • stan
  83. stan
    • Stan
      • SD
    • SD
  84. stan
    • SD
  85. Shjingi
    • SD
  86. Marcia Cox
    • SD
  87. Benyoucef
  88. Tony H
    • SD
    • SD