TRENDING:

XAU/USD

Silver

Weekly trade results: EUR/USD, NZD/USD, NZD/CAD, AUD/CAD

Brian Twomey Brian's Investment

As usual all trades this week were winners and trade to target remains an ongoing +10 year victory story for short day trades to weekly and long term targets. And as usual, no stops, graphs, charts, god forbid no Fibs or ulterior indicators for wrong forecasts to entries and targets.

Best part to entries and targets is no screen watching as we know targets will achieve. Those days are long past and it allows for time to live life outside of markets.

For long term target example is GBP/USD. Targets in 4 years as follows: 1.3800's, 1.3600's, 1.3400's and today 1.3198. All targets achieved destinations as written but all targets by Mathematical law had to achieve destinations by no other choice. GBP/USD 1.3198 will achieve it destination.

A price doesn't know, care nor understand for example BOE stimulus, interest rate changes nor Fed stimulus, interest rate changes or Retail sales, PMI, speakers or testimony. A price could care less about Trump or Biden.

Time to 1.3198 is irrelevant. From current 1.2400's and a 700 pip target , traders should hope for a lower GBP/USD to 1.1900's, 1.1800 to increase profits and to not watch markets until 1.3198 trades.

Trade theme this week was bottom and top currencies, EUR/USD Vs NZD/USD. And top and bottom within universe, NZD/USD V NZD/CAD. And AUD/CAD to match NZD/CAD.

Trade and Results

EURUSD Weekly Trade As Posted

Short 1.1289 and 1.1305 to target 1.1144.

Highs 1.1353, Lows 1.1185

trade Runs from 1.1305 +120 pips

From Add lot 1.1353 +168 pips

target 1.1144 Ongoing

NZD/USD

Short 0.6481 and 0.6496 to target 0.6334.

Highs 0.6501 Lows 0.6406

trade Runs +90 pips

Trade Ongoing to target

AUD/CAD

Short 0.9358 and 0.9386 to target 0.9287.

Highs 0.9427, Lows 0.9296

Perfect Target.

Trade ran +90 pips from 0.9386 and +131 from add lot 0.9427

NZD/CAD

Short 0.8786 and 0.8797 to target 0.8625.

Highs 0.8800, Lows 0.8718

Trade Runs +82 pips

Trade target Ongoing

4 trades, +408 pips. As usual trades are few and profits always high and trade perfection achieved.

Author

Brian Twomey

Brian's Investment

Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia.

EUR/USD flirts with daily highs, retargets 1.1900

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