12 Jun 2024

11 June 2024: (Trade Example): EURUSD

 EURUSD short trade on 11/6/24

-  Correlation chart shows strength in the favour of USD currency. All 7 pairs in USD  shown strength. This gave trade as A grade.


- Based on H4 timeframe, EURUSD was in downtrend


- Timing of the entry using H1 timeframe. 
- Entry time around 4:00pm




                        


28 May 2024

27 May 2024 (Trade Example): GBPCHF

 GBPCHF long trade on 27/5/24

- GBP group of currency shown strength with at least 5 of its pairs. This trade can be B grade. Correlation chart:-


- Trade based on H1 time frame:-


- Timing of entry around 2:30pm





27 May 2024

22 May 2024 (Trade Example): EURCHF

 EURCHF long trade on 22/5/24

- EURCHF long trade as grade B, the CHF group shown weakness with at least 5 pairs. CHF correlation here:-


- Trade based on H1 time frame


- entry around before 2:00pm as there was a important news release related to GBP: CPI y/y





22 May 2024

20 May 2024 (trade Example): GBPJPY

 GBPJPY long trade on 20/5/24

- Based on H1 time frame, GBP group shown strength with at least 5 pairs indicate strong side to the GBP currency. This trade can be graded as B trade. Correlation:-


- Trade based on H1 time frame


- Entry time was around 8:15pm