Weekly Trades: May 18 -22, 2020

NZDJPY This week traded 300 pips Perfect entry  and target 

 

EURNZD 300 pips Perfect entry and target 

GBPJPY 300 pips Perfect entry and target

EURJPY 300 pips Perfect entry and target

GBPNZD 500 pips No trade no entry

 

NZDCHF 200 pips Perfect entry and target

EURUSD 200 pips perfect entry and target

AUDJPY 200 pips perfect entry and target

AUDUSD 200 pips entry from break

GBPCAD 100 Pips, 30 ish pips off entry, target not yet achieved 

EUR/AUD No entry, no trade

GBPAUD way off entry

USD/CAD No entry, no trade

CAD/JPY perfect entry, target achieved, 200 pips

EURUSD Perfect entry, target achieved 1st leg, within 30 ish pips to target on 2nd leg.

NZDCHF 200 pips, perfect entry and target

NZDUSD Missed entry on 1st leg by 30 ish pips. +40 pips on 2nd leg , target not yet achieved.

EUR/AUD Vs GBPAUD last 4 weeks, Running 1 week perfect then next week off, next week perfect then next week off.

2 weeks perfect vs 2 weeks off. Off for GBPAUD is 2 to 300 pips entries and perfect results in profit 300 pips profit.

AUDUSD partly responsible as AUD been slightly off for weeks. Off means 20 and 30 pips.

 

Overall, ranges are slowly compressing. AUDUSD for example is now down to 98 pips from a whopping 200 less than 2 weeks ago. GBP ranges are compressing. EURUSD was already in compression mode last 4 weeks. Rarely does Eur have a good range week. Wide ranger GBPAUD and GBP/NZD ranges are compressing.

We’re heading to severe range markets. For us, it doesn’t matter what type of markets trade, as we have it all completely covered. Actually make more money in range markets as entries and targets become just as perfect. but also we;ll have more trades per week and per currency pair. Range markets are just as easy to forecast.

 

Brian Twomey

 

FXstreet Signal Service

 Typical day at fxstreet signal service. Losses far exceed gains since inception.

16 total trades = 12 loses for minus 998 pips. 4 winners for 71 pips.

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SPREAD REVERSION 30M

Win
Order ID: 43412981
CADCHFSELL
Open: 17:30 05-18
Price: 0.6969
Close: 07:00 05-20
Pips: +18
SPREAD REVERSION 30M

Loss
Order ID: 43412991
AUDCHFSELL
Open: 17:30 05-18
Price: 0.6338
Close: 15:00 05-19
Pips: -41
MARKET ORDER

Loss
Order ID: 43276873
GBPJPYSELL
Open: 11:19 05-15
Price: 130.48
Close: 14:14 05-19
Pips: -183
MARKET ORDER

Loss
Order ID: 43153579
CHFJPYSELL
Open: 16:25 05-13
Price: 110.1
Close: 12:43 05-19
Pips: -100
SPREAD REVERSION 30M

Loss
Order ID: 43408832
NZDCHFSELL
Open: 16:30 05-18
Price: 0.5857
Close: 06:30 05-19
Pips: -52
MARKET ORDER

Loss
Order ID: 43276944
AUDJPYSELL
Open: 11:21 05-15
Price: 68.8
Close: 00:13 05-19
Pips: -149
MARKET ORDER

Loss
Order ID: 43083601
CADJPYSELL
Open: 20:40 05-12
Price: 76.17
Close: 00:05 05-19
Pips: -94
MARKET ORDER

Loss
Order ID: 43276798
NZDJPYSELL
Open: 11:18 05-15
Price: 63.83
Close: 00:05 05-19
Pips: -118
SPREAD REVERSION 30M

Loss
Order ID: 43333816
GBPAUDBUY
Open: 01:30 05-18
Price: 1.8799
Close: 19:50 05-18
Pips: -106
MARKET ORDER

Loss
Order ID: 43217711
AUDCHFSELL
Open: 14:15 05-14
Price: 0.625
Close: 16:00 05-18
Pips: -66
MARKET ORDER

Loss
Order ID: 43308586
USDSGDBUY
Open: 16:59 05-15
Price: 1.4279
Close: 14:45 05-18
Pips: -59
SPREAD REVERSION 30M

Loss
Order ID: 43301212
EURNZDSELL
Open: 15:30 05-15
Price: 1.8251
Close: 15:38 05-15
Pips: 0
SPREAD REVERSION 30M

Loss
Order ID: 43298144
EURAUDSELL
Open: 15:00 05-15
Price: 1.6868
Close: 15:18 05-15
Pips: -14
SPREAD REVERSION 30M

Loss
Order ID: 43288856
NZDCHFBUY
Open: 13:30 05-15
Price: 0.5786
Close: 15:18 05-15
Pips: -16
SPREAD REVERSION 30M

Win
Order ID: 43288870
EURCADSELL
Open: 13:30 05-15
Price: 1.5262
Close: 14:15 05-15
Pips: +36
SPREAD REVERSION 30M

Win
Order ID: 43288841
EURAUDSELL
Open: 13:30 05-15
Price: 1.6851
Close: 14:04 05-15
Pips: +17
                    Brian Twomey