luckyanand12
Sergeant
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Trade closed : Target reached.entered sell @ 1.24668
Trade closed : Target reached.entered sell @ 1.24668
Buy USD/JPY | Analysis by a Forex Fund Manager of Keon Consultancy
The video explains a simple analysis of a buy entry in USD/JPY.
Update on EUR/USD | Forex Fund Manager | Keon ConsultancyHolding one sell position as D1 didn't close above high of June 5.
TP modified View attachment 54580
Update on EUR/USD | Forex Fund Manager | Keon Consultancy
This video is an update on previous EUR/USD analysis. The video also explains new technical setups formed meanwhile.
USD/CAD and USD/JPY analysis for Managed Forex Accounts of Keon Consultancy
We analysed USD/CAD, USD/JPY and CAD/JPY and determined a buy trade on CAD/JPY.
TP1 reached.GBP/USD analysis | Buy trade following a 3 Drive pattern | Keon Consultancy
As you know that 3 Drive is a reversal pattern, it may cause at least 30% move if it doesn't complete its classic target. The classic target is swing high of the last drive. But, we will already close half of the position at 1/4 of the whole 3 Drive and rest half at 30% of the whole 3 drive because D1 trend is still bearish.
Here is what we see on H1 and H4 time-frames and how we entered.
View attachment 55237
View attachment 55238
Half of the position was closed at Tp1 and I moved SL to BE.TP1 reached.
TP2 reached too.GBP/USD analysis | Buy trade following a 3 Drive pattern | Keon Consultancy
As you know that 3 Drive is a reversal pattern, it may cause at least 30% move if it doesn't complete its classic target. The classic target is swing high of the last drive. But, we will already close half of the position at 1/4 of the whole 3 Drive and rest half at 30% of the whole 3 drive because D1 trend is still bearish.
Here is what we see on H1 and H4 time-frames and how we entered.
View attachment 55237
View attachment 55238