Daily technical & fundamental analysis for multi-forex pairs

EUR/USD trading plan | Oct 23, 2020 | Managed Forex Accounts by Keon Consultancy​


The trade was closed at BE.
EUR USD, H1, Oct 27, 2020.png
 

GBP/JPY analysis by Keon Consultancy, a Forex Fund Management company​



The trade was opened on Friday and hit the target today.
 

USD/JPY analysis by Keon Consultancy | Nov 3, 2020​



Update 1: Buy stop got activated.


Update 2:
It could not close above the Ichimoku cloud on M30. Moreover, RSI came back below 50 on H1. Therefore, I had to close the buy position prematurely. The sell stop was activated as the pair fell below the engulfing bullish candle mentioned in the video. It looks like downward 3-Drive is gonna be completed first.

USD JPY, M30, Nov 3, 2020.png



USD JPY, H1, Nov 3, 2020.png




Update 3: The stop loss was removed during market closing and opening time to avoid getting stopped out because of temporary spread widening during closing and opening times.


Update 4: The sell trade hit the TP as the downward 3-Drive was completed.
 

USD/JPY analysis & trading plan by Keon Consultancy | Nov 4, 2020​


Before you read this post, please watch its video analysis already posted on Nov 3 to understand well.


USD/JPY already completed the downward 3-Drive which works now as a reversal pattern and helps the pair rally. The upward 3-Drive is now under construction and we already entered buy after we found a Morning Doji Star on H4.


Here is what all we see today:
USD JPY, H1, Nov 4, 2020.png


USD JPY, H4, Nov 4, 2020.png
 

USD/JPY analysis & trading plan by Keon Consultancy | Nov 4, 2020​


Before you read this post, please watch its video analysis already posted on Nov 3 to understand well.


USD/JPY already completed the downward 3-Drive which works now as a reversal pattern and helps the pair rally. The upward 3-Drive is now under construction and we already entered buy after we found a Morning Doji Star on H4.


Here is what all we see today:
View attachment 59051

View attachment 59052
The trade hit the TP.
 

GBP/USD analysis and trading plan by Keon Consultancy | Nov 4, 2020​

Here is how I am trading GBP/USD during the counting of US election votes.

GBP USD, H1, Nov 4, 2020.png


Risk: If an H4 candle closes below the last lower low shown in the screenshot above, the trade will be exited.
 
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