Forex Diary 18th Sep 2020

hey gang ...interesting week so far

my main FixStart indicator on the picture is available here ....

all of my other indicators are free except this one - where a NHS charitable donation is needed .....

why not help others whilst also helping yourselves

(instead of funding Trading academies and trainers in their expensive lifestyles)

red GBP is rocking bull all week

Green USD sits below the zero and selling all week

so cable is one of THE currencies to be buying all week so far (yep its that easy)

what else was worth trading all week ? .....look for another strong Currency and pick weaker ones to pair it with

(clue - the other Bull Currency starts with "J" )

Entries / Exits please ..........Neil ?

Jees you guys want blood for free !!!!

ok ive dumped a few standard indicators on the 1 hr chart here one of my specials i use personally

(nope no peeking allowed)

you have to decide how you will trade trending currencies

look for shallow pullbacks and attack retraces

look for moderate pullbacks and attack retraces

look for Deep pullbacks and attack retraces

your money and your choice ....i can assure you that different currency pairs will be offering different options to you be careful .....

after some 20 years+ trading forex i'm pretty good at knowing what to look for based on the markets situation / patterns / correlations etc etc ......would be pretty sad if i didn't - right ?

as long as GBP stays above the zero line and USD stays below the Zero line i am happy to attack pullbacks as deep as they come ....

see where the 7 RSI and even the 5,3,3 Stoch are falling below key levels ?.....all good hunting areas as long as your currencies are still holding to the weekly trends and zero line (as already mentioned)...

Then look for some basic price patterns for entry .....bull bar close or breach of prev high etc etc ....plenty to look at guys

Im not even going to talk about exits ...go online and google it and experiment ....we all have different preferences for that

Easy ? ............yep once you have a system

Profitable ? ........mainly yes ...but nothing is perfect ...and only then if you follow your rules to the letter plus all the other things needed in Trading

if you look closely there are some cracking trades this week on Cable hope you took them as this was an easy week so far ......and yes UJ was also a good pair ....and EJ was sweet as well .....

if you were chasing pairs with currencies on same side of the Zero line this week on 1 hour TF's ....WHY ????

have a good weekend


11 views0 comments

Recent Posts

See All

© 2023 by Walkaway. Proudly created with

Website and Video Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person such as myself or entity responsible for loss or damages resulting from the content or general advice provided here by, it's employees, directors or fellow members. Futures, options & spot currency trading have large potential rewards, but also carry large potential risk. You must be aware of all the risks & be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy or Sell futures, forex, cfd's, options or other financial products. No representation is being made that any account will or is likely to achieve profits/losses similar to those discussed in any material on this website. The past performance of any trading system or strategy is not necessarily indicative of future results. Any information, news, research, analysis, prices, or other analysis contained on this website is provided as general market commentary & does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Copyright@2018 FXCORRELATOR.COM 

  • Facebook Black Round
  • Google+ - Black Circle
  • Twitter Black Round