Forex Trading Setups and Signals – Archive

Jan 13 – 18 – 2019

How did these perform?

AUDJPY – Price continued a lazy move upwards

AUDUSD – Price began to rollover on the daily chart but was not a move to trade

CHFJPY – Price consolidated

EURJPY – Wanted price to rise further to think about a short trade but the lazy move continued

NZDJPY – Price ranged

USDJPY – Stated on the setup chart that I wanted to see more upside before thinking of shorting. Price rallied into the area of interest on Friday so going to repost this chart.

Certainly not the way I like to start a new season of trading. The posted pairs only gave up 255 pips of potential as some of the rallies/pullbacks continued.

Large price spikes can make a chart difficult to trade as fear/greed/ become pronounced with those conditions.

That said, we know the 1000+ pip weeks are coming and we had many of those in 2018.

For new members, some of this may be confusing but as many here can tell you, you will catch on. I don’t want to spoon feed people…give them just enough for them to find their “ahhh” moments.

If you read about failure tests on my charts, you can learn about them here: https://www.netpicks.com/traders-who-are-trapped/

 

AUDJPY

AUDJPY

 

AUDUSD

AUDUSD

 

CHFJPY

CHFJPY

 

EURJPY

EURJPY

 

NZDJPY

NZDJPY

 

USDJPY

USDJPY


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