The good thing with our analysis it shows that we have picked up the right ones as they are well correlated GbpJpy - BUY EurGbp - Sell GbpNzd - Buy

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The other 3 trades are usually charactarised by breaking of highest or lowest prices of 4 consecutive days

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Bounce trade normally comes from a 'WALL' sort of a dead end....usually after the second day

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LOL The trade set up for AudJpy is different from the other three. The other three for tomorrow are the best to trade base on their set up. Those are not bounce trade, they are similar to bounce but they can also turn out to be a continuation. I ...

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First choice are GbpJpy - BUY EurGbp - Sell GbpNzd - Buy Best entry price will be around the broken red line Second choice AudJpy - Sell

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Technically I should come out at the broken line automatically....That is the golden rule after NY open

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This is how I play for today... I did enter more entries of double lots from the lowest point. By the time it move really high, I was in full profit. Again, I was confident of the trade.

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So you can always prepare your graphs in hand, wait for the morning time is the key decision after drawings. From here you will pick the best to trade. Then you will wait for the best entry area (This is normally around 3PM-4PM price region GMT ...

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For AudJpy, wait for highest price to be broken first, while it's doing this we will draw a bounce area where we expect the market to come back and bounce from (the green area like shown in NzdChf)

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Nah...close it take your profit...you made a good entry on this

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BUY trade

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It made a clear cut of around lower prices in the last 3 previous days....so selling it is the way to trade it Broken doted line is the best price or close to it to enter.

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Good...now we need to wait in the morning and see which one is the one to trade. From the morning time, you should be able to pick the best based on the movements it made over the night till morning. This way you wanna pick up the one that is still ...

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These two pairs are not good to trade. You might end up losing everything you worked hard. Better pass!

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AudJpy- Short it is....

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GbpJpy Long....this is a good catch for tomorrow

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For this kind of move, the best way to take profit is where I placed the red arrow, that grey box is the best place to take profit for the day after NY open

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take the red line as your take profit for the day. This could go in a cycle. If so tomorrow we will try and get the possible low price to re-enter again. Anytime from now goes close to the red line, bow out.

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Leave it to still run..it has the volatility now. It should continue further up!

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Don’t worry, you on the right train, if you want wait till you even and close you position.

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