The Way of Investment (Part 113)

The Way of Investment (Part113)

1.     First, start with the daily chart

Daily currency strength graph,4hour currency strength graph, to be viewed in order.

EUR,JPY,USDare rising. On the other hand,CHF,NZDNZD,CADare falling. On the daily chart,EURis strongCHFis weak.

2.     4hour chart

　4hour chart showsJPY,AUDUSD,NZD,CHFare falling.CHFis weakening,JPYis strengthening.

　4hour currency strength graph

            If you read it from the 4-hour currency strength graph, this week's trades should focus on the following currency pairs.Sell outlookUSDJPY

3.     Verification of currency pairs from last week’s “The Way of Investment”

In “The Way of Investment (Part111),”

            Buy stanceGBPCAD

was written.

Now, let's verify.

The figure above showsGBPCADon a15-minute chart.

GBPCADoverall shows an upward trend. If you had bought on Monday morning and closed at Thursday's peak, you would have earned about115 pipsof profit.