One-week reflection (7/8～7/13)
Hello, this is OnePiP Trade (@onepipst)
I would like to review the market for the week (7/8–7/13)
I also tweet about profits and other useful things,so pleasefollow us on Twitter.
YouTube channel
https://www.youtube.com/channel/UCd7eOHBGyBMROlHWh9S1yWg
Table of contents
- USD/JPY
- EUR/USD
- EUR/JPY
- GBP/USD
- GBP/JPY
- Video
- Afterword
【USD/JPY】
Last week's high was broken and the uptrend continues
Then the daily short-term moving average and the previous support level were revisited, and price rose again but could not reach the high
It declined again
【EUR/USD】
Selling has been entering since last week, hitting the mid-June low
Supported at the channel lower bound, it rose to test a rebound
It is consolidating around the rebound high
EUR/JPY
From last week's low, it rose briefly during the week
This rise appears to be a wave that retraced within a range
And then it fell again toward the latter part of the week
【GBP/USD】
Around areas with strong daily and weekly support, it rose temporarily and retraced
Formed a triple bottom near the low
In the short term it continued to rise with a pullback, forming an uptrend
【GBP/JPY】
It was a week with little volatility
A range currency, a difficult market
Of course, on smaller timeframes there was a trend, so trades aiming for tops and bottoms would have been possible
【Video】
The video is here
【Afterword】
Our weekly market forecast and strategy on YouTube are generally accurate each time
What matters is how to apply that to trading and entries
When the market strategy was correct and when it was not, the trading approach and thinking differ
And please treat entries as something separate
