This Week's Market Forecast and Strategies (9/2–9/7)
Hello, this is OnePieP Trade (@onepipst)
I have prepared the weekly market forecast and strategies, please take a look (9/2–9/7)
I also post profits and other useful things on Twitter, please follow.
Base your strategies on the videos, your own charts, and articles
YouTube channel
https://www.youtube.com/channel/UCd7eOHBGyBMROlHWh9S1yWg
Table of contents
- USD/JPY
- EUR/USD
- EUR/JPY
- GBP/USD
- GBP/JPY
- Video
- Afterword
【USDJPY】
Long-term outlook is down, short-term is up
The market environment looks like it might see a pullback selling coming in
It might be good to attack with pullback selling
However, it also seems like a break of the recent high could happen
So if it breaks, attack with buying
【EURUSD】
Long-term outlook is down, short-term also down
There is a high possibility of a bounce being bought for a pullback
So consider buying up to Fibonacci 100 or 76
EURJPY】
Long-term outlook is down, short-term also down
Similar to EURUSD, a pullback is likely
Consider buying up to the 4-hour short-term MA
【GBPUSD】
Long-term outlook is down, short-term slightly down
There may be a pullback buying and then a sell
If so, confirm pullback on a short-term time frame before selling
For buying, break the Fibonacci 61 and buy up to around Fibonacci 50
And buying on high prices or breakouts
【GBPJPY】
Long-term outlook is down, short-term also down
It is ranging within a channel
Follow the breakout in either direction
If it breaks lower, sell toward the lows
If it breaks higher, buy toward Fibonacci 23 or 0
【Video】
The video is here
【Afterword】
Weekly market forecasts and strategies are usually accurate when I share them on YouTube
The important part is how to apply them to trades and entries
When market strategies are correct or incorrect, your trading methods and thinking will differ
And please treat entries as a separate thing