Forex Diary for week ending 27th Aug 2021

Forex Diary for week ending 27th Aug 2021


My fixstart indicator on chart is available here for £15 donation to charity

https://uk.virginmoneygiving.com/FXCorrelator


BEARS


as the stock market rallied a little this week we saw 3 main "Risk" currencies go Bear :-


Yellow yen

Green USD

Gray CHF


Yen got to - 160 pips so not too bad


BULLS

only Brown Cad really flew ......pushing +170 pips at times ...the biggest bounce on last weeks smashing it took


Trade of the week was Buying CAD in to any of the 3 bear currencies already mentioned

UCAD was some 250 pips down in week as an example


my Strengthmeter indicators give me tremendous insight into the FX market and has provided me an edge for the last 21 years ....no magic boxes and no circus tricks are needed


I avoid the Trading BullS#it seen on most Trading Forums and Social media......keeping it real !


N



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