Midweek outlook
This week'sREAL TRADE positions from NZDUSD that I had previously held have been realized (taken profits). Since the price then declined, I plan to hold positions from the same areas that are worthy of watching at appropriate points.
Currently, I recognize that many currency pairs are in ranging markets, but I believe volatility may increase when a clear direction emerges. In particular, I’m looking atJPY pairs with a bearish bias, but I will devise strategies while carefully observing entry points.
With that said,
these are the currency pairs from this week's 503 method.
NZDJPY AUDJPY CADJPY USDJPY EURJPY CHFJPY GBPJPY | △ 〇 〇 〇 △ 〇 △ | AUDCHF CADCHF AUDUSD NZDUSD AUDCAD AUDNZD | 〇 〇 〇 × 〇 × | EURGBP EURCHF EURUSD EURCAD EURAUD EURNZD | × × × × × × | GBPCHF GBPCAD GBPAUD GBPUSD GBPNZD USDCHF USDCAD | 〇 〇 × 〇 × 〇 〇 |
In the latter half of the week, it seems possible to target from the zones one should watch. For cross-Yen pairs, when the price moves down to watch zones, there is a risk of testing the lows or breaking through them, so caution is required. No changes from last week.
Currencies to watch include EUR pairs, which have surpassed 200 pips notably. Since GBP pairs show many "〇" signals, it may be worth watching whether these move soon.
In the 503 method, aiming for the "〇" signals is considered more efficient.
Earlier this week, by entering USDJPY, EURJPY, and GBPJPY by 100 pips according to the method, it was observed that profits could be earned quickly.
Cross-Yen pairs may be in a large-range environment, in my view.
Real Trade Then, from a specific point according to the 503 method, an entry was made. From there, achieving 100 pips and setting a stop loss for trades is possible.
The one-month period from Monday will be a trial period.
In the first month, when I glance at the chart, I attempted to hold as many positions as possible in currency pairs where an entry seems possible from the places to watch (all of them). (You can see trades that resulted in stop losses, but I held positions according to the method.)