Weekly Trades: GBP/JPY, EUR/JPY and NZD/JPY

Last week’s GBPUSD trade to short 1.3177 traded to 1.3212 and a 35 bonus point miss to entry. The target at 1.2960 traded to 1.3012 for + 200 pips from 1.3212 and + 165 pips from 1.3177. The 35 bonus point entry miss meant the 1.2960 target had to adjust by 35 pips.

What accounts for a GBP missed entry is not necessarily derived from GBP/USD but was the result of wide range GBP pairs as GBP/NZD, GBP/CAD, GBP/AUD.

A currency price must by mathematical law meet its trade target obligation. If any of GBP’s wide range pairs had to travel higher to meet its target destination then GBP/USD is forced higher. Understand then bonus points are market gifts.

Understand GBP = GBP. All GBP pairs are members of the same family and not one GBP pair is anti to the GBP universe such as EUR/GBP to EUR or AUD/NZD and sometimes AUD/CAD to AUD and CAD/CHF to USD/CAD. Because all GBP pairs are wide rangers compared to all its G28 counterparts, GBP is clearly the currency to lead currency markets.

While traders informed bullish GBP, the long trade was not only impossible and a gamble but GBP/USD began the week at 1.3079 in deep overbought. We traded as usual the easiest, no effort and most profitable trade for 200 pips Vs the gamble long calls for 133 pips.

EUR/USD trade short 1.1168 and 1.1188 to target 1.1131. EUR/USD traded to 1.1204. Target was complete at 1.1131 for +73 pips from 1.1204 and +57 pips from 1.1188.

EUR/USD second trade, short 1.1128 to target 1.1048 traded to 1.1085 for +43 pips. Total pips from trade instruction: + 100 Pips.

EUR/GBP Long 0.8472 and 0.8455 to target 0.8591. Wednesday, EUR/GBP traded perfectly to 0.8455 and climbed to the week’s highs at 0.8534. The trade failed to meet target but profit result was +79 pips.

Total for 4 trades, 3 currencies and profit earned + 379 pips.

Best trades this week are JPY cross pairs.

NZD/JPY

Short 72.87 and 73.12  to target 71.40. Must cross 72.36, 72.10, 71.84 and 71.58.

Short below 71.33 to target 70.55. Must cross 71.07 and 70.81.

EUR/JPY

Short 121.87 and 122.12 to target 121.04. Must cross 121.36 and 121.10,

Short below 120.86 to target 120.07. Must cross 120.60 and 120.33.

GBP/JPY

Short 143.08 and 143.40 to target 140.84. Must cross 143.08, 142.75, 142.42, 142.09, 141.76, 141.43, 141.10 and 140.77.

Short below 140.52 to target 139.23. Must cross 140.19, 139.86 and 139.53.

 

Brian Twomey

18 Weekly Currency Trades and Results

Since July 2019, haven’t checked results. We remain perfect to entries and targets. 17 winning perfect trades and GBP/AUD off by 113 pips. Simply amazing perfection.

Overall 18 trades = 1885 Pips minus 113 pips GBP/AUD. Will trade GBP/AUD to break even.

GBP/CAD Long never traded and only result was 26 pips. AUD/CHF reported wrong trade numbers.

Actual 25 trades on 18 currency pairs.

We profit on average 124 pips per trade.

 

 

 

Favored trades this week: AUD/JPY, EUR/JPY, EUR/AUD, NZD/USD, NZD/JPY, CAD/JPY, USD/CAD, AUD/USD, EUR/NZD, EUR/USD, NZD/CHF, AUD/CHF

AUD/JPY. Break Point 74.97, below targets 73.45.

Strategy. Short 75.72 and 75.90 to target 75.15. Must cross 75.53 and 75.34. Short below 74.97 to target 73.45. Must cross 74.78, 74.59, 74.40, 74.21 and 74.02. Long 73.45 to target 74.78. Must cross 73.63, 73.81, 73.99, 74.17 and 74.35. Long only strategy.

Results: Actual Short 74.97 – 73.76 + 121 pips

EUR/JPY. Break Point 120.93, above targets 121.57.

Strategy. Long 120.26 and 119.93 to target 120.89. Must cross 120.09, 120.25, 120.41 and 120.57. Long above 120.92 to target 121.57. Must cross 121.08 and 121.24. Long only strategy.

Results: Actual Long 120.27 -120.89, + 62 Pips. 2nd trade = Long 120.92 Target 121.57 = +65 pips. Perfect Trades

EUR/AUD. Break Point 1.6129, above targets 1.6252.

Strategy. Long 1.6047 and 1.6027 to target 1.6119. Must cross 1.6047, 1.6067, 1.6087 and 1.6107. Long above 1.6129 to target 1.6252. Must cross 1.6149, 1.6169, 1.6189, 1.6209 and 1.6229. Short only strategy.

Results: Long 1.6047, Target 1.6119 = +72 Pips. 2nd Trade Long 1.6129, Target 1.,6252. +123 Pips. Highs 1.6292.

NZD/USD. Break Point 0.6567, below targets 0.6467.

Strategy. Short 0.6692 to target 0.6579. Must cross 0.66 7, 0.6642, 0.6619 and 0.6594. Short below 0.6567 to target 0.6467. Must cross 0.6542, 0.6517 and 0.6492. Long 0.6467 to target 0.6555. Must cross 0.6492, 0.6517 and 0.6542. Long only strategy.

Results: Actual 0.6680 to 0.6617. + 63 Pips.

NZD/JPY. Break Point 71.37, below targets 70.12.

Strategy. Short 72.61 and 72.76 if seen to target 71.52. Must cross 72.45,72.29, 72.13, 71.97, 71.81 and 71.65. Short below 71.37 to target 70.12. Must cross 71.21, 71.05, 70.89, 70.73, 70.57 and 70.41. Long only strategy.

Results: Actual 72.66 to 71.52. +109. Pips. 2nd trade Short 71.37, Target 70.12, Actual 71.37 =71.25, +12 Pips. Ongoing trade.

CAD/JPY. Break Point 82.65, below targets 81.96.

Strategy. Short 83.33 and 83.50 to target 82.79. Must cross 83.15 and 82.97. Short below 82.65 to target 81.96. Must cross 82.47, 82.29 and 82.11. Long only strategy.

Results Actual 83.84 -82.80, +70 Pips. 2nd trade 82.65 target 81.96, not traded.

USD/CAD. Break Point 1.3146, above targets 1.3228.

Strategy. Long 1.2982 and 1.2962 if seen to target 1.3136. Must cross 1.3002, 1.3022, 1.3042, 1.3062, 1.3082, 1.3102 and 1.3122. Long above 1.3146 to target 1.3228. Must cross 1.3166, 1.3186, 1.3196 and 1.3216. Short only strategy.

Results: Actual 1.2960 to 1.3047, + 87 Pips, ongoing Trade.

AUD/USD. Break Point 0.6899, below targets 0.6842.

Strategy. Short 0.6956 and 0.6984 to target 0.6913. Must cross 0.6944, 0.6930 and 0.6916. Short below 0.6899 to target 0.6842. Must cross 0.6885, 0.6871 and 0.6857. Long only strategy.

Results: Actual 0.6942 to 0.6913, +29 Pips. 2nd Trade 0.6899, Target 0.6842. Actual 0.6848. + 51 Pips.

EUR/NZD. Break Point 1.6949, above targets 1.7158.

Strategy. Long 1.6714 and 1.6688 to target 1.6923. Must cross 1.6740, 1.6767, 1.6792, 1.6818, 1.6844, 1.6870 and 1.6896. Weekly strategy.

Results: Actual 1.6692 to 1.6864, + 172 Pips.

EUR/USD. Break Point 1.1128, below targets 1.1048.

Strategy. Short 1.1168 and 1.1188 to target 1.1131. Must cross 1.1148. Short below 1.1128 to target 1.1048. Must cross 1.1108, 1.1088 and 1.1068. Long 1.1048 to target 1.1108. Must cross 1.1068 and 1.1088. Long only strategy.

Results: Actual 1.1204 to 1.1131, +57 from instruction. 2nd Trade 1.1128, target 1.1048, actual 1.1097, + 31 pips. Total +88 pips.

NZD/CHF. Break Point 0.6451, below targets 0.6399.

Strategy. Short 0.6503 and 0.6516 to target 0.6457. Must cross 0.6490 and 0.6477. Short below 0.6451 to target 0.6399. Must cross 0.6438, 0.6425 and 0.6412. Long only strategy.

Results: Actual 0.6488 to 0.6457, + 31 pips. 2nd Trade Shirt 0.6451, target 0.6399. Actual 0.6451 to 0.6397. +54 Pips. Total Pips 85.

AUD/CHF. Break Point 0.6778, above targets 0.6811.

Strategy. Long 0.6751 and 0.6743 to target 0.6769. Must cross 0.6760. Long above 0.6778 to target 0.6811. Must cross 0.6794. Long only strategy.

Results: Not trade, wrong numbers offered.

GBP

Favored trades this week: GBP/USD, GBP/JPY, GBP/CHF, GBP/NZD, GBP/CAD, GBP/AUD.

GBP/USD. Break Point 1.2933, below targets 1.2825 and 1.2716.

Strategy. Short 1.3150 and 1.3177 if seen to target 1.2960. Must cross 1.3123, 1.3096, 1.3069, 1.3042, 1.3015 and 1.2988. Short below 1.2933 to target 1.2825. Must cross 1.2906, 1.2879 and 1.2852. Long only strategy.

Results: Actual 1.3212 to 1.3017, +195 Pips, ongoing trade to target.

GBP/JPY. Break Point 140.56, below targets 139.17 and 137.77.

Strategy. Short 141.94 and 142.28 if seen to target 140.90. Must cross 141.59 and 141.24. Short below 140.56 to target 139.17. Must cross 140.21, 139.86 and 139.51. Long only strategy.

Results: Not sure Trade order. 142.28, Target 140.90, actual 143.28 to 140.90. +128 Pips

GBP/CHF. Break Point 1.2704, below targets 1.2632 and 1.2558.

Strategy. short 1.2776 and 1.2812 to target 1.2718. Must cross 1.2758, 1.2740 and 1.2722. Short below 1.2704 to target 1.2632. Must cross 1.2686 and 1.2668. Long only strategy.

Results: Actual 1.2801 to 12718, + 83 pips. 2nd Trade 1.2704, Target 1.2632, Actual 1.2704 to 1.2681. +23 pips. Ongoing trade to target

GBP/NZD. Break Point 1.9693, above targets 1.9890.

Strategy. Long 1.9594 and 1.9570 to target 1.9669. Must cross 1.9618 and 1.9642. Long above 1.9693 to target 1.9890. Must cross 1.9717, 1.9741, 1.9765, 1.9789, 1.9813, 1.9837, 1.9861, 1.9885. Weekly strategy.

Results: Actual 1.9610 to 19669, +59 pips. 2nd Trade 1.9693, Target 1.9890, actual 0.9693 to 1.9836. +202 Pips. Total +261 pips.

GBP/CAD. Break Point 1.7001, above targets 1.7133.

Strategy. Long 1.6895 and 1.6869 to target 1.6999. Must cross 1.6921, 1.6947 and 1.6973. Long above 1.7001 to target 1.7133. Must cross 1.7027, 1.7053, 1.7079, 1.7105. Weekly strategy.

Results: 1.7001 target 1.7133, Actual 1.7001 to 1.7126. +25 pips.

GBP/AUD. Break Point. 1.8744, below targets 1.8626 and 1.8507.

Strategy. Short 1.8862 and 1.8891 if seen to target 1.8772. Must cross 1.8833, 1.8804 and 1.8775. Short below 1.8744 to target 1.8626. Must cross 1.8715, 1.8686 and 1.6857. Weekly strategy.

Results: Actual 1.9152 to 1.9004. Current Lows 1.8984. This trade will exit at break even.

 

Brian Twomey   For trades contact brian@btwomey.com

GBP Predicts GBP Currency Pairs

GBPUSD and cross pairs are terrific Currencies and forecast ability for exact entries and targets work perfectly.

 

Works perfectly means entries and Targets follow Statistics just beautiful.

However as much as GBPUSD and cross pairs are straight forward, couple minor steps are involved to forecast accurately.

But GBP doesn’t contain any steps remotely close to the complicated euro.

GBP Pairs fail to forecast GBPJPY yet GBPJPY is a great forecast Currency.

 

Best GBP Forecast Pairs  GBPCAD GBPJPY and GBPUSD

Worst GBP Forecast Pairs GBPNZD and GBPAUD

A few more minor tests yet to run for complete understanding but overall I’m satisfied to GBP price knowledge.

trading GBP Pairs alone will earn Traders big money.

I caution to those with automatic trading systems.

Not sure the need to a trade system if price knowledge is known and the Currency price is complicated against many nuances that may fail automation.

 

Brian Twomey

 

EUR Predicts EUR/GBP

EUR/GBP: Exchange Rates Predict Exchange Rates

The purpose of EUR/USD and cross pairs is to protect EUR/GBP. EUR cross pair numbers are designed to protect EUR/GBP.

Many ways to forecast EUR/GBP perfectly and this offered today is only by using EUR. EUR/GBP is a forecast currency pair in itself to predict many, many currency pairs. EUR/GBP forecasts GBP/AUD for example.

Understanding is 1/2 the battle to winning but comprehension is lost among the 99% speculator crowd.

 

All reciprocals, add EUR/GBP as is = EUR/GBP Bottom

All Reciprocals, add EUR/GBP re-arranged = EUR/GBP top

EUR/JPY + EUR/CHF = EUR/GBP top

Reciprocals EUR/USD, EUR/GBP and EUR/CHF = EUR/GBP top

EUR/USD reciprocals = EUR/GBP top

Reciprocals minus EUR/NZD and EUR/GBP = EUR/GBP top

Minus EUR/NZD, add EUR/GBP as is = EUR/GBP top

As is minus EUR/NZD, add EUR/GBP = EUR/GBP Target

As is minus EUR/AUD, add EUR/GBP re arranged = EUR/GBP vital break.

As is Minus EUR/NZD, add EUR/GBP re arranged = EUR/GBP vital break

As is minus EUR/AUD and EUR/GBP as is = EUR/GBP top target

Reciprocals minus EUR/CAD and EUR/GBP = EUR/GBP top and bottom.

Reciprocals minus EUR/CAD, add EUR/GBP as is = EUR/GBP top and bottom.

 

Brian Twomey

Weekly Trades: EUR/USD, GBP/USD and EUR/GBP

Last week’s EUR/GBP trade instruction was long 0.8482 and 0.8465 to target 0.8603. EUR/GBP dropped from 0.8540’s to 0.8468. Entry 0.8468 traded to 0.8542 for +74 Pips.

Trader option existed to short anywhere from the week’s highs at 0.8540’s to target 0.8468 then reverse long. A short resulted in 72 pips and long for 74 pips, a grand total of 146 pips.

EUR/USD last week trade instruction was short 1.1176 and 1.1202. EUR/USD traded to 1.1237 for 35 bonus points. Target 1.1106 traded to 1.1124. From 1.1202 trade instruction result was +78 pips or +113 from 1.1237.

Never offered is a chart, graph nor stops as none are required. A trade begins at entry and ends at target. Trades are based on pure statistics but statistics used correctly and a giant distinction from other traders and forecasters.

My result is entries and targets are perfect to near perfect. This includes daily, weekly and long term trades. Long term trade targets are defined as months.

A market price in any currency or financial instrument is never correct therefore a chart or indicator based on an incorrect market price is always wrong. We trade numbers and correct numbers therefore a picture is never required. Most vital is to maximize for profit every pip and every exchange rate number traded.

For example, EUR/JPY and GBP/JPY to start the week are located in opposite locations. NZD/CHF and AUD/CHF are located in opposite locations. GBP/CAD and GBP/CHF are located in opposite locations. EUR/AUD and GBP/AUD are located in opposite locations. A chart or graph fails to capture this phenomenon therefore forecasts may predict incorrectly.

GBP/CAD, GBP/CHF and GBP/JPY located in opposite locations directly affects GBP/USD prices.

Why Market Price is wrong is because platforms reveal to traders incorrect prices.

Exchange Rates Predict Exchange Rates

Current research is deeply focused on elimination of Statistics as exchange rates predict exchange rate entries and targets more accurately than my current set of Statistics. EUR/USD and EUR cross pairs for example contain roads that lead directly to forecasts for its most vital pair, EUR/GBP.

Yet EUR/USD and its cross pairs are extremely complicated and must re arrange as reciprocals for accurate forecasts. USD/CAD, CAD/JPY and CAD/CHF work as perfect triangulation trades. GBP/USD and cross pairs in early research appears perfectly straight forward.

Exchange rates predict exchange rates outside of the anchor currency pair and its cross pairs. For example, GBP/USD 1.3046 from USD/CAD.

Offered this week is EUR/USD, GBP/USD and EUR/GBP as the interest is EUR/GBP as forecast from EUR/USD.

EUR/USD

Short 1.1168 and 1.1188 to target 1.1131. Must cross 1.1148.
Short below 1.1128 to target 1.1048. Must cross 1.1108, 1.1088 and 1.1068.
Long 1.1048 to target 1.1108. Must cross 1.1068 and 1.1088.
Higher for EUR/USD must break weekly falling lines at 1.1276 and 1.1289.

GBP/USD

Short 1.3150 and 1.3177 to target 1.2960. Must cross 1.3123, 1.3096, 1.3069, 1.3042, 1.3015 and 1.2988, 1.2977.
Deep caution at 1.2977 and 1.2944.
Short below 1.2933 to target 1.2825. Must cross 1.2906, 1.2879 and 1.2852.

EUR/GBP

Long 0.8472 and 0.8455 to target 0.8591. Must cross 0.8489.
Long above 0.8608 to target 0.8644. Must cross 0.8625.
Falling weekly lines above are located at 0.8699 and 0.8714.

Most vital range for EUR/GBP between vital break points are located at 0.8699 to 0.8368 or 331 pips.

EUR/GBP best strategy is short only as the overall curve points lower.

 

Brian Twomey