Daily technical & fundamental analysis for multi-forex pairs

[luckyanand12]

Having seen the volatility and close proximity of current price then with SL, we removed SL to avoid getting stopped out by any spikes or temporary price action. However for risk management, we decided to close the trade if the price closes above high of the engulfing

USD/CAD had hit the Fib61.8 target.

 

[luckyanand12]

AUD/USD analysis and trading plan for Sep 16, 2020 | Forex Fund Manager | Keon Consultancy
AUD/USD, on Sep 4, 2020, had changed the trend to bearish according to MACD predictor, but price action, since then, didn't support the bearish trend as the pair keep trading in a tight range. And the range made a channel which gave us an opportunity of range bound trading.

 

[luckyanand12]

AUD/USD analysis and trading plan for Sep 16, 2020 | Forex Fund Manager | Keon Consultancy
AUD/USD, on Sep 4, 2020, had changed the trend to bearish according to MACD predictor, but price action, since then, didn't support the bearish trend as the pair keep trading in a tight range. And the range made a channel which gave us an opportunity of range bound trading.

The target was reached.

 

[luckyanand12]

GBP/USD analysis & trading plan | Forex fund manager | Managed Accounts | Keon Consultancy
This video explains a single trade of GBP split into two positions, one on the GBP/USD and another on the GBP/AUD.

 

[luckyanand12]

GBP/USD analysis & trading plan | Forex fund manager | Managed Accounts | Keon Consultancy
This video explains a single trade of GBP split into two positions, one on the GBP/USD and another on the GBP/AUD.

Update on GBP/USD | Sep 17, 2020 | Forex Fund Manger Keon Consultancy
Update on GBP/USD | Sep 17, 2020

 

[luckyanand12]

Update on GBP/USD | Sep 17, 2020 | Forex Fund Manger Keon Consultancy
Update on GBP/USD | Sep 17, 2020

Even though the market had returned back to upside, it started falling down after making a double top around 1.3000. GBP/USD position was closed slightly above BE as it fell back below the lower trendline.

 

[luckyanand12]

Missed post of 17th Sept
AUD/USD analysis | Forex Fund Manager | Keon Consultancy
Here is a simple trade setup based on a Double Top pattern.

The trade was accomplished at the target.

 

[luckyanand12]

Update on GBP/USD | Sep 17, 2020 | Forex Fund Manger Keon Consultancy
Update on GBP/USD | Sep 17, 2020

GBP/AUD is approaching TP (+100.6 pips).

 

[luckyanand12]

GBP/AUD is approaching TP (+100.6 pips).
View attachment 57865

GBP/AUD has been closed at its TP.

 

[luckyanand12]

GBP/JPY analysis and trading plan | Managed Forex Accounts | Sep 23, 2020
The video explains the analysis of GBP/USD and USD/JPY to make a trading plan for GBP/JPY.