In times like this where we have to deal with home office, homeschooling, childcare, and challenging
markets at the same time
I'm more than grateful and really thrilled about the awesome support and cooperative spirit in our wonderful
trading chat group.
While I was enjoying my first coffee and browsed through the charts before the next generation awakes
one of our
group members pointed me to a sharp rise of the JPY on FX Power and posted his short entry on AUDJPY.
So I switched to AUDJPY and saw this:
1. A perfect trend alignment
2.
A sharp JPY rise across all three analysis periods
3. A
rising JPY long volume ratio
So I jumped in and took a SELL position on AUDJPY as well.
I checked the underlying majors following my yesterdays article about the correlation between majors and cross pairs
And while the USDJPY struggled quickly
AUDUSD suddenly went down quickly and pushed our trade in the right direction.
NZDJPY provided a similar setup so I took this one as well
last but not least there was a great setup on CADJPY too so I took this one as well.
Right now at 13:41 GMT all these trades have a summed up profit of around 125 Pips and growing.
So thanks a lot to Nitin for the hint this morning which led directly to some great trading opportunities. 👍
Working together and support each other is priceless and extremely helpful mastering all our challenges.
So
thanks to all my group members for the valuable input they provide every single day. 🙏
You are awesome!
Find the right trading opportunities day by day!
(and
learn when to better stay out as well)
1. Visit https://www.mql5.com/en/blogs/post/677671
2. Have a look at our free News Channel -> https://t.me/STEIN_INVESTMENTS_NEWS
Study
the published articles in detail to learn how to spot great trading opportunities.
Besides the advantage of professional in-depth market analysis
provided by my tools,
you'll get access to an exclusive group of skilled and successful
traders who are willing
to share their experience and trades with anyone interested.
It
takes just two steps to become part of our great and successful community
1. Get
your toolset at https://www.mql5.com/en/users/blueball/seller
2.
Send proof of your purchase to https://t.me/SteinInvestments
and
you'll get your invitation to our amazing group chat
All the best and happy trading
Daniel
