This week's market forecast and strategy (9/23–9/28)
Hello, this is One Piece Trade (@onepipst)
Please take a look at the weekly market forecast and strategy (9/23–9/28)
I also tweet about profits and other useful things, so pleasefollow on Twitter.
Based on the video, please refer to your own charts and articles to form your strategy
YouTube channel
https://www.youtube.com/channel/UCd7eOHBGyBMROlHWh9S1yWg
Table of contents
- Dollar/Yen (USD/JPY)
- Euro/Dollar (EUR/USD)
- Euro/Yen (EUR/JPY)
- Pound/Dollar (GBP/USD)
- Pound/Yen (GBP/JPY)
- Video
- Afterword
【Dollar/Yen (USDJPY)】
Long-term outlook is up, short-term slightly down
If it breaks the recent support, it will break below 107 yen
So be cautious of pullbacks for selling into rallies
From a daily perspective, it is a dip-buying scenario, so I would want to sell at pullbacks and then set up buy entries from there
【Euro/Dollar (EURUSD)】
Long-term outlook is down, short-term also down
It has been trading in a recent range
Whether it moves to test the lows, or targets the neck line or 100 of the Fibonacci, or the line above it and near the highs, one can trade with range-bound play
Euro/Yen (EURJPY)
Long-term outlook is up, short-term down
If the daily support line is broken, selling may continue to recent lows
So I want to pay attention to that
Conversely, it could form a buying opportunity as a pullback
【Pound/Dollar (GBP/USD)】
Long-term outlook is up, short-term slightly down
Would like to accumulate on pullbacks
But watch out for a larger pullback
So selling on pullbacks might also be good
There might be selling near the Fibonacci 100 region
【Pound/Yen (GBPJPY)】
Long-term outlook is up, short-term down
Similar market environment to GBP/USD
It might be good to attack in the same manner as GBP/USD
Let's place buys and sells with reference to Fibonacci levels
【Video】
The video is here
【Afterword】
Our weekly market forecasts and strategies on YouTube usually align quite well
What matters is how you apply them to your trading and entries
When the market strategy is correct or incorrect, your trading approach and thinking will differ
And please consider entries as something separate
