One-week Review (7/1–7/6)
Hello, this is One Piece Trade@onepipst)
I would like to review the market of the past week (7/1–7/6)
I also tweet about profits and other useful things, so please follow Twitter.
YouTube Channel
https://www.youtube.com/channel/UCd7eOHBGyBMROlHWh9S1yWg
Table of contents
- USD/JPY (Dollar/Yen)
- EUR/USD (Euro/Dollar)
- EUR/JPY (Euro/Yen)
- GBP/USD (Pound/Dollar)
- GBP/JPY (Pound/Yen)
- Video
- Afterword
【USD/JPY】
Gap opening at start
Gap fill trades were possible, but gaps do not always close, so beware
Since last week was an uptrend with a gap at the start, I will consider selling
If the gap closes, choose a long strategy on the pullback, or trade short as it continues
In the end, it pulled back and extended to Friday's high
【EUR/USD】
On Monday, selling pressure enters
But it then trades around, clinging to the moving average until Friday
Decide whether to break higher or to sell on a pullback
It breaks down on Friday
EUR/JPY】
On Monday, it opens up but closes within the day
Whether to go long on a pullback or establish a short strategy on a trendline break
Then selling from the trendline break comes in, and it continues to consolidate, but a rebound can be bought
【GBP/USD】
It broke the range to the downside from last week, so follow with selling
Generally sell on a retracement
On reversals, a contrarian buy could also be good
【GBP/JPY】
Continues as a range-trading from last week
With a gap open on Monday, a closing trade is also possible
After that, selling came in and reached the recent low
Then it moved to rebound and is in a range
【Video】
The video is here
【Afterword】
The market forecasts and strategies delivered on YouTube every week are generally accurate
What matters is how you apply them to trading and entries
When market strategy was correct or incorrect, the way of trading and your thinking change
And again, please treat entries as a separate matter
