top of page

Forex Diary 7th Feb 2020

8:40


ok usd and yen strong today .....so anything goes selling to these ....im mainly cable (no surprises)but others also  following 




heres the week ............watch for compression as traders close out winning positions on week

probably ahead of NFPs




11:35


Ok these charts are the key to how i trade ......


see how GBP got bull after my last post ...its positive for session after 6am GMT.....and USD is bull as well 


SO WHY WOULD I STILL TRADE 2 x BULL CURRENCIES AS A PAIR TRADE  ?????????


SO I STOPPED TRADING GBPUSD and went to other better pairs on the Bull usd and Yen pairs (EJ , EU , AU etc)


Dont be dumb .....use strengthmeters to watch the WHOLE market 


here endeth the forex sermon......go forth and trade profitably gang ! 




15:15


NFPs were wet weekend in market ...only Cad really moved much (bull)....


ok so as we sail into the weeks sunset ive been seriously out of cable (as USD and GBP are bull today)


mainly working the Aussie and Kiwi into USD (Sells)

and Euro sells into Yen 


in fact selling Australia into Japan is the best move but i like tighter spreads 


have a great afternoon....Cad too lively to trade for me at moment


N




 
 
 

Recent Posts

See All
FXCorrelator - Adieu ! (?)

hey all ....with my last blog Post nearly a year ago here - its pretty damn clear that my other projects and ventures have taken me far...

 
 
 

Comments


© 2023 by Walkaway. Proudly created with Wix.com

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 FXCORRELATOR.com, 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
bottom of page