CrystalFX Market Analysis

It took me a while to get on s SELL. W1 short DSS oscillator is bearish together with default fisher. The sell signal came up with D1 short DSS above the middle level and the H4 oreoared to sell. The long intra-day whipsaw was discounraging. Profit hit in a short time as I made the entry. Done for the week.

This pair sometimes too slow for me. The market condition is bullish for intra-day and the H4 and interestingly the D1 both has a weak oscillator reading for SELL. I will consider a BUY above the intra-day support at 0.6624. the S/R levels are attached to this post ======= UPDATE =======

The profit archived earlier than expected and I want to say one more opportunity may show up tomorrow next trading day. That should be monitored in the M30 timeframe and I may not post a review of this but focus on another pair. The account is about 27% up in two weeks and audited by MQL5. Click the menu icon to view the performance history. Training on this trading plan is tomorrow. Register if you are not already in. There is alot to learn

It was quick yesterday I did a buy limit and that hit profit real quick and still have a lighter lot size position running. This point is good time to consider a BUY for GBPJPY. The H4 oscillator is weak for any major SELL considering the position of the major oscillator in H4. M15 Triangular Moving average Slope Indicator is fresh uptrend signal. Its good to make a buy above 135.33 support level targeting the next intra-day resistant at 135.78 and if possible above and beyond.

The AUDJPY from my desk I will BUY as soon as the H4 oscillator goes bullish. The W1 trend is up and weak minor trend in H4 means its time to start thinking BUY.

Good to monitor how USDCAD will unfold in the next few hours today. The downtrend last week as seen in the D1 timeframe may present another opportunity to sell again later this week. This pair is sitting on a support though one will expect a minor rally up. I will like to wait on the H1 oscillator to give a sell signal from above the middle level for another SELL trade for this pair.

The GBPJPY may signal a BUY later today. The D1 uptrend with the fisher indicator going full green and the correction in the H4, its time to wait on an entry in the intra-day timeframes. H1 oscillator here is overbought. It is wise to wait for the dynamic cycle oscillator to go down the middle level. If all the uptrend conditions in the higher timeframes still in place then its good to go BUY.

GBPUSD has been on the rise breaking all the last week's intra-day resistant prices.Recent resistant turned Support is at 1.2765.  The H1 oscillator is over bought and it is good to wait for a pull-back of market or for the H1 oscillator to relax below the middle level for another BUY signal (provided the uptrend conditions of the market still in place).