FX Trades of the Week for 18th April 2022...from ralfkdean

ralfkdean

18 Apr 2022, 20:55 · Views 1,380

Every week I shall post 3 trades on a Monday.

These will either be trades that I'm looking at as possible trading opportunities or trades I have taken

and I believe are worth considering.

In this video I explain why I am SHORT USD/JPY and I look at potential trade setups on GBPJPY and EURCHF.

If you DON'T get money back from your broker then you need a Premium Trading account.

Just by registering with Premium you will receive rebates on your trading - absolutely free.

Details under the video on YouTube.

Edited 18 Apr 2022, 20:56

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Gold is declining. I'm SHORT from 2940. Target initially is WR1 at 2931. At 2931 I'll close half and let the trade run to the 200 EMA on H1 at 2930 area.

ralfkdean

I have GBP/CAD heading south from these levels (1,8120). Its been several hours since the last high at 1.8137 and there are signs that BEARISH momentum is growing as buyers leave this market. We have confirmed BEARISH signals on the Andean Oscillator m30 and H1 and now H4 has lifted above the 0 line. Awesome Oscillator has been printing red bars on H1 since just before midnight. Target for this trade is open as much will depend on GBP and CAD sentiment. EUR/CAD and USD/CAD are less BEARISH but the GBP looks more BEARISH than BULLISH across all pairs.

ralfkdean