Forex Trading Setups and Signals – Archive

Jan 20 – 25 – 2019

How did these charts play out?

AUDJPY – Great example of a pullback failure. What this means is we were getting the pullback we wanted, but it resovled into a range instead of reversing. Now, you would look into a breakout type of strategy as playing the pullback, is off the table.

AUDUSD – Price pulled back to the downside with no real momentum in the pullback. This is a great sign for another chance to the upside. Price came into an area os support that previous resistance. This is our sign to head to the four hour chart to see if bulls are stepping in. A failure test trade entry set up and price rocketed 85 pips upside

EURAUD – Price popped up to the area of the red line on the chart. The short move happened for a potential of 99 pips

EURJPY – Price continued to range

USDCAD – We got the leg down from the lazy pullback for 115 pips

USDJPY – Pullback resolved into a range.

No risk was put on with regards to the pairs posted last week. Lazy price action continued without giving any triggers. This is one thing that people have a hard time with when it comes to daily charts – the setups/triggers take longer to develop.

This is probably one of the worst performing starts for trading I’ve seen.  Patience is key.

My trend direction is still intact and the price action has changed the directions I am looking – yet.

If you found yourself itching to trade this week:
1. Daily charts are not for you
2. You are trading for the wrong reasons.

READ  Forex Signals Trade Entry Tips & Tricks

 

AUDJPY

AUDJPY

 

AUDUSD

AUDUSD

 

EURAUD

EURAUD

 

EURJPY

EURJPY

 

USDCAD

USDCAD

 

USDJPY

USDJPY

69 Responses

  1. KALU
    • SD
  2. Selwyn
  3. Shingi
    • SD
  4. Arya
    • SD
  5. Derby
  6. Rumbidzayi
    • SD
      • Rumbidzayi
        • SD
  7. King James Jimalo
  8. Jenny
  9. Shingi
  10. Rumbidzayi
  11. Shingi
  12. Shingi
    • Shingi
      • Shingi
  13. Shingi
  14. Shingi
  15. Shingi
    • Shingi
  16. Patrick Warburton
  17. JohnnieMac
  18. Shingi
  19. sayf
  20. Kenny
  21. Johan majaha
  22. Emmanuel
  23. Jason
  24. kabo
  25. JohnnieMac
  26. ELECT
  27. Andy
  28. Shingi
  29. Jemilu
  30. Shingi
    • Shingi
  31. Shingi
    • Shingi
      • Shingi
  32. Johnniemac
  33. Shingi
    • SD
  34. Shingi
  35. Shingi
  36. JohnnieMac
    • JohnnieMac
  37. Paul
  38. JohnnieMac
  39. Kareem
  40. doan thi my loi
  41. John
  42. Clarin
    • SD
  43. Ben
  44. Benny
  45. stan
  46. Bill
    • SD
  47. Inno
  48. Juan
    • Juan
  49. obisesan
  50. Emma