Weekly Trading Setups

Sept 19– Sept 24 UPDATED

EURAUD – Breakout to the upside for 63 pips before falling back

GBPCAD – We wanted to see strength on the breakout for a run but didn’t get it as price broke back to the downside.

NZDCAD – This turned into a failure test of high. Although we wanted to buy, the failure test at 9032 was a short setup. Price fell 106 pips to the downside

Great previous week with all setups firing in our direction.  647 pips potential with some strong moves.  Which of course leads to this week where many pairs are already in big moves.  We need to see some of those moves work of and the markets to settle.  4 pairs this week

AUDJPY

EURAUD

GBPCAD

NZDCAD


Sept 12– Sept 17 – UPDATED

AUDJPY – 92 pip drop to lows after a brief pullback.

AUDUSD – 86 pips to lows from the breakdown.

EURJPY – The breakdown happened after a pullback to short. 108 pips to lows.

EURUSD – Nice breakdown that lead to 83 pips

GBPAUD – Long trade hit 129 pips to highs.

NZDUSD – Inside bar breakdown to 72 pips to lows.

USDCAD – Price hit high of 77 pips

Only 3 setups last week for 154 pips as a lot of pair are in longer term consolidations.  This week we have 7 that are more continuation moves from the price action from last week.   With continuations, be sure to take profits when it is clear that the move has ended.

AUDJPY

AUDUSD

EURJPY

EURUSD

GBPAUD

NZDUSD

USDCAD

 

RELATED  Swing Trading For Dummies Crash Course

31 Responses

  1. Forex Newbie
    • SD
  2. Mohamed
  3. PGT
  4. Paul
  5. Thabea
  6. OBAKENG MOKOKA
    • SD
  7. Loveline Egbuna
  8. Jay Singh
    • SD
  9. Mohann
    • SD
  10. Ugrit Thanpisaitara
  11. John Njoroge
    • SD
  12. Shingi
    • SD
  13. Jonathan McGrath
  14. Samuel
  15. David
    • SD
  16. Oliver
    • SD
      • Kazeez
        • SD
          • Jay
          • SD
  17. Shingi
  18. Utibe Emmanuel

Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.