One week review (6/17–6/22)
Hello, this is One Piece Trade (@onepipst)
I would like to review the market for the past week
I also post profits and other useful things, so pleasefollow on Twitter.
Table of contents
- USD/JPY
- EUR/USD
- EUR/JPY
- GBP/USD
- GBP/JPY
- Video
- Afterword
【USD/JPY】
In the first half of the week there was range trading, then selling in rallies or breakout selling in the second half
USD/JPY can be observed on the daily and 4-hour charts as bearish, so selling has entered
【EUR/USD】
In the first half of the week there were rallies selling, but from the middle to the latter half it aimed higher
The daily low was being made with a shallow descent, and with the FOMC, we expected to go up
EUR/JPY】
In the first half of the week there was selling in rallies, but it remained range-bound in the latter half
As expected, the channel supported and it rebounded into consolidation
From there, it would rally after touching near the low
【GBP/USD】
The basic idea is range trading or selling on rallies
If a bottom forms, go counter-trend; if near a top, sell
【GBP/JPY】
Like GBP, selling on rallies and range trading
It was easier to sell than GBP, but the latter part of the period became a difficult market
【Video】
The video is available here
【Afterword】
Weekly market predictions and strategies are generally accurate on YouTube
What matters is how to apply them to trading and entries
When the market strategy was correct or incorrect, the way of trading and thinking differs
And please consider entries as something separate
