Higher timeframe analysis of Currency Strength / Weakness

#41
Edited 11:58am Sep 29, 11:22am (14 hr ago) | Edited 11:58am

Smmtrader
Joined Aug 2020 | Status: Trader | 501 Posts

Quoting Smmtrader

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{image} {image} {image} {image}

Ignored

Exited all trades for a very small profit. We have AUD Red news tonight. I will enter again after the news, based on Price Action.

#42
Sep 29, 1:06pm (13 hr ago) Sep 29, 1:06pm (13 hr ago)

Smmtrader
Joined Aug 2020 | Status: Trader | 501 Posts

USD is strengthening and AUD is weakening across the board.

#43
Sep 29, 1:13pm (13 hr ago) Sep 29, 1:13pm (13 hr ago)

Smmtrader
Joined Aug 2020 | Status: Trader | 501 Posts

Quoting Smmtrader

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updated cross currency analysis: {image} "Money flow index" = 16 ( increasing and looking better )

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This has been updated recently. Please review.

#44
Edited 4:50pm Sep 29, 4:25pm (9 hr ago) | Edited 4:50pm

Smmtrader
Joined Aug 2020 | Status: Trader | 501 Posts

GBPJPY and NZDJPY have given a good SELL signal (TDI) on M15. I will wait for the spread to become "normal" and enter both the SELLs if Price Action continues to be bearish.

#45
Sep 29, 6:51pm (7 hr ago) Sep 29, 6:51pm (7 hr ago)

Smmtrader
Joined Aug 2020 | Status: Trader | 501 Posts

Quoting Smmtrader

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GBPJPY and NZDJPY have given a good SELL signal (TDI) on M15. I will wait for the spread to become "normal" and enter both the SELLs if Price Action continues to be bearish.

Ignored

No trades as the Price Action indicated sideways movement.