How I trade 8 currencies and their combinations and make $$$ each week!

Discussion in 'Forex' started by MarchFX, Jan 22, 2021.

  1. Darkwing

    Darkwing

    The strategy that is used to make a profit is very interesting, but you should always remember that it may not suit everyone.
     
    #51     Feb 22, 2021
  2. MarchFX

    MarchFX

    upload_2021-2-24_10-11-26.png
     
    #52     Feb 24, 2021
    expiated likes this.
  3. MarchFX

    MarchFX

    upload_2021-2-24_10-32-21.png

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    #53     Feb 24, 2021
  4. MarchFX

    MarchFX

    upload_2021-2-24_11-21-37.png

    upload_2021-2-24_11-22-19.png
     
    #54     Feb 24, 2021
  5. MarchFX

    MarchFX

    upload_2021-2-24_11-55-32.png
     
    #55     Feb 24, 2021
  6. maxinger

    maxinger

    You need to look at the bigger picture / macro view.

    Yesterday, Powell testified.
    What financial instruments moved?
    Asian/European/US index futures, copper, perhaps crude oil moved massively.

    major currencies and bonds hardly moved.
    The exception is GBP which moved during today's Asian session.


    focusing on only just 8 currencies, macd, RVI, EMI wouldn't help much
    to be profitable.
     
    Last edited: Feb 24, 2021
    #56     Feb 24, 2021
  7. expiated

    expiated

    Nice call! I wish I had seen your post about eight hours ago, but no biggie, since I wouldn't be surprise to see this pair return to at least 117.74.
     
    #57     Feb 24, 2021
    MarchFX likes this.
  8. MarchFX

    MarchFX

    Thanks @expiated. I agree with your analysis 100%
     
    #58     Feb 24, 2021
  9. Is it really wise to trade with different 8 currencies?
     
    #59     Feb 25, 2021
  10. expiated

    expiated

    I ended up dipping from the well of CHFJPY a couple of times for a total of about 28 pips. Thanks again for bringing it to my attention!.;)

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    #60     Feb 25, 2021
    MarchFX likes this.