【March 24, 2025】Multi-timeframe market analysis using trend lines (currency pairs, gold)

Hello, this is Stella.

The market has opened again this week, hasn't it?
This time,I will deliver a 1-week market analysisfor you.

This week,the currency pair (EURJPY)andgoldwill be traded.

Well then, thank you in advance.

【Currency Pairs】

I often change what I trade quite frequently.

The world is changing, so I will trade in a way that fits that change.

▼ Quick summary of global situation

• Dollar:Honestly, I can’t read it. It continues to move significantly with a single comment from Mr. Trump.
  →Is it possible to aim for the short term with discretionary trading?
• Yen:I can feel Japan’s national power weakening…
  ・Increase in immigration
  ・Chinese participation in politics and real estate acquisitions
  ・High taxes and stagnating international competitiveness of Japanese companies
  →It’s hard to see a future where the yen strengthens

As a side note, recently I have taken on more jobs that pay in dollars for foreign clients.I like infrastructure and food culture, so I don’t want to move abroad, but I must prepare for it…..
.

▼ What about other currencies?

Honestly, I don’t know! So,let’s look at the Currency Strength Indicator.

The one I’m using is,
?“Absolute currency strength for MT5” (free) available in the MQL5 Market.

Depending on the time frame you look at, judging from last week’s movements,the EUR is relatively strong, so this week I will tradeEURJPY.

With this, the EUR’s movement remains an uncertain factor, but as long as we can read the direction of the yen, it will be easier to aim for profits than with other currencies.

Even if it’s an uncertain factor, that’s a notion I explain a little more in the article I wrote yesterday.

If you’re more knowledgeable about other currencies, please choose currency pairs according to your own view.

▼ EURJPY Chart Analysis

From the weekly chart.

Clear trend of yen weakness. I will ride this trend this week as well.

4-hour chart

There was a slight pullback in the yen toward the end of last week, but since the start of this week it has moved again in the direction of yen weakness.

▼ This Week’s Plan: Buy-Only Repeat EA

The plan is“a repeat-type EA limited to the buying direction”.

What is a Repeat-Type EA:

• Place limit orders at fixed price intervals
• Entry → take profit at a fixed level → re-enter if the price returns to the same level

I have an EA I made for myself, so I will use it as is.

・A certain width of loss has occurred since the last time

・In the BB range of 1–1σ

I only skip entries during sharp falls.
For the article’s account,lower limit 159 yen, no upper limit, width 0.2will be used.

Fine-tuning depends on capital and such.

If you shrink the width, the number of trades increases, but the spread portion grows, so losses when it moves down increase. For long-term operation, I’d cap it around 0.1 at most.

【Gold】

Global situation is unstable, so the demand for gold has risen sharply.

Gold has high swaps, solong-term holding is more suitable for physical gold, butwe will look at it as a short-term trade in MT5.

▼ Weekly Analysis

Its value is skyrocketing.I want to ride this trend.

▼ 30-Minute Analysis

On the long-term chart it looks like a strong rise, but on the shorter time frame it
“several days’ worth of decline”also occurs normally.

▼ Actual Trading Strategy (Using TrendLineTrader)

• Buy when a reversal up is confirmed
• Buy when price falls back to a previously watched level
• Cut losses if there is a sharp drop
• Swap is high from Friday to Sunday, so settle all positions before Thursday
• Decide entries after Thursday on or after Thursday

With this setup,this week the EA will trade automatically 24 hours a day.
The next time I will look at the chart isThursday.

I’m using my own creationTrendLineTrader.

If you find it interesting, please take a look at the product page.

【In Conclusion】

Thank you for reading to the end!
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Feel free to leave a comment! See you again on Thursday!