TAG: Trading plan
EUR/USD: trading plan for European session on April 2. USD picking up steam
Yesterday there were no signals to enter the market. I suggest we look at the 5-minute chart and figure out what happened. In my precious forecast, I paid attention to the level of 1.0769 and planned to make decisions on entering the market from there. A...
6 months ago
EUR/USD: trading plan for the US session on April 2nd (analysis of morning deals). Manufacturing activity in the eurozone did not help the euro
In my morning forecast, I drew attention to the level of 1.0744 and planned to make decisions based on it for market entry. Let's look at the 5-minute chart and figure out what happened there. Growth and the formation of a false breakout after the Eurozon...
6 months ago
GBP/USD: trading plan for the US session on April 2nd (analysis of morning deals). The pound recovered slightly
In my morning forecast, I focused on the level of 1.2575 and planned to make decisions based on it for market entry. Let's look at the 5-minute chart and see what happened there. The pound saw some growth, but it never reached the test and false breakout...
6 months ago
GBP/USD: trading plan for the US session on April 5th (analysis of morning deals)
In my morning forecast, I pointed out the level of 1.2645 and planned to base my market entry decisions on it. Let's look at the 5-minute chart and analyze what happened there. There was a rise, but before testing the false breakout formation around 1.264...
6 months ago
EUR/USD: trading plan for the US session on April 5th (analysis of morning deals). The euro hit 1.0842
In my morning forecast, I drew attention to the level of 1.0842 and planned to make decisions based on it for market entry. Let's look at the 5-minute chart and figure out what happened there. The rise and formation of a false breakout at this level provi...
6 months ago
Outlook for GBP/USD on April 8. The pound feels great in a flat state
Analysis of GBP/USD 5M GBP/USD showed absolutely absurd movements on Friday. They were identical to those shown by the EUR/USD pair. Initially, on strong labor market and unemployment statistics from across the ocean, The dollar initially rose after stron...
6 months ago
Outlook for EUR/USD on April 8. The inconsistent market and Nonfarm data
Analysis of EUR/USD 5M EUR/USD tried to start a logical downward movement on Friday. Especially when the reports on Nonfarm Payrolls and unemployment in the US were published. Both reports turned out better than forecasts, which should have boosted the do...
6 months ago
Trading plan for GBP/USD on April 8. Simple tips for beginners
Analyzing Friday's trades:GBP/USD on 1H chart The GBP/USD pair also showed nothing but erratic movements on Friday. Once again, the dollar failed to rise when it clearly should have shown growth. This might seem strange for the EUR/USD pair, but this ofte...
6 months ago
Trading plan for EUR/USD on April 8. Simple tips for beginners
Analyzing Friday's trades:EUR/USD on 1H chart On the daily chart, the price is below the balance indicator line, and the Marlin oscillator has edged down after a short-term sideways movement. We expect the price to break below the support at 1.0796 and fu...
6 months ago
Trading plan for GBP/USD on April 9. Simple tips for beginners
Analyzing Monday's trades:GBP/USD on 1H chart The GBP/USD pair edged up on Monday, which doesn't mean anything significant for the technical picture. Take note that the main point is the flat on the 24-hour timeframe. Not long ago, the price reversed near...
6 months ago
Trading plan for EUR/USD on April 9. Simple tips for beginners
Analyzing Monday's trades:EUR/USD on 1H chart EUR/USD returned to its usual mode of movement amid low volatility. In general, if we regularly observe low volatility even on days when there is a strong fundamental background, then what can we possibly say...
6 months ago
Trading plan for EUR/USD on April 10. Simple tips for beginners
Analyzing Tuesday's trades:EUR/USD on 1H chart EUR/USD tried to continue its upward movement, although it had no substantial reason to do so (neither fundamental nor macroeconomic). Yesterday, there were absolutely no reports, news, or speeches. Volatilit...
6 months ago
Trading plan for GBP/USD on April 10. Simple tips for beginners
Analyzing Tuesday's trades:GBP/USD on 1H chart The GBP/USD pair continued its upward movement, which began last week after traders failed to break out of the 1.25-1.28 sideways channel. An ascending trend line was formed, and according to the laws of the...
6 months ago
Outlook for EUR/USD on April 11. The buyers waved a white flag
Analysis of EUR/USD 5M EUR/USD plummeted on Wednesday. The euro fell after the US inflation report showed that consumer prices picked up 0.1% more than anticipated. Some might say that such a small deviation from the forecast shouldn't provoke such a stro...
6 months ago