Analysis of the Japanese Yen Pairs, 7 JPY Pairs Total
Автор: forexearlywarning
Загружено: 2021-09-28
Просмотров: 707
Описание:
This video is an analysis of 7 different Japanese Yen (JPY) pairs. We can use the analysis to determine if the JPY is strong, weak, or mixed. Then we can use this information to generate trading plans, or to know the direction for entering live trades into the USD/JPY, EUR/JPY, etc. Analyzing individual currencies is the key to forex trading, technical indicators do not work at all.
In this video the JPY is showing JPY strength on the H4 time frame on all 7 JPY pairs. Excellent market conditions for swing trading and selling the JPY pairs.
You can fast forward the video to get past the introduction to get to the JPY analysis. This recording is from our weekly forex webinars, you can find out more about our webinars here:
https://www.forexearlywarning.com/for...
The exponential moving averages we use for the analysis are here:
https://www.forexearlywarning.com/for...
And the market analysis excel spreadsheet can be downloaded here.
https://www.forexearlywarning.com/blo...
These free tools will allow any forex trader to analyze individual currencies like a professional. Pip totals will increase substantially and tradeing becomes much easier when one currency is committed in one direction.
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