Analysis

EUR/ZAR: Trade results and update

Yesterday Results

Short 20.8159 to target 20.4004.

Highs 20.9319, Lows 20.6728

Wild upside Ride

Trade Runs from 20.8159 +1431 #pips

From 20.9319 and add 1 lot then +2591 pips

Long way to target

 

Today Trade Results

Short 20.8159 to target 20.4004.

 Lows 20.5094

Trade Runs from 20.8159 +3065 pips

From 20.9319, +4225 pips

To weekly totals add 1634 pips

Old  Total 9 trades, 2 days, +4707 Pips

New total 9 trades, 2 days and +6341 pips

The week contains 3 more days of trading for all our currency pairs

Last time posted EM trades to this degree the total as I recall was 6000 ish pips

 

This week, I will break smash the old record.

Subtract EUR/ZAR entry then all trades contained near perfect entries. Targets have yet to achieve.

EUR/ZAR remains overbought at target 20.4004. Remainder trades remain overold as follows: USD/RON, USD/HUF, USD/MYR,

USD/TRY and USD/BRL remain deeply overbought.

Same story to EM trades, no stops, no charts, no maket banter talk that earns no money and is no actionable information.

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