This week's outlook
Midweek outlook: since I recommended GBP pairs (noting that GBP currency pairs had many zeros and watching whether they would move), I actually opened a position on GBPUSD using MT4 with REAL TRADE's method 503. It had reached 100 pips, so I took profit before the market closed.
I picked up spots where entries look possible next week using method 503. Until around August, I will publish this week's articles for each currency pair.REAL TRADEwill also try it out.
I was thinking of taking positions in NZDUSD and AUDNZD, but currently they are not aligning well. In the end, I would be happy if I could gain everything in a smooth manner.
For USDCAD, if I see a location that should be watched but it moves in the opposite direction, I intended to take a position even if contrary, but I couldn't set up anything, so I lagged behind. I thought short-term down, long-term up, and if there is no rebound around 1.36570–1.36220 on the downside, it might reach around 1.75740 downward? Right now I have a reverse position.
This week I held a USD/JPY short, but I widened the stop loss; since it touched higher, it ended quickly with a stop, though I recognize that an uptrend was emerging.
Well then,
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 | EURGBP EURCHF EURUSD EURCAD EURAUD EURNZD | × 〇 × 〇 × × | GBPCHF GBPCAD GBPAUD GBPUSD GBPNZD USDCHF USDCAD | 〇 × 〇 × △ △ × |