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G7 & Low Liquidity Trading for Easter.

Briefly, and before Easter Holiday, I have the inclination to present my open securities in very short and solid studies.

  • G7 speculation last time has triggered Yen Strength. G7 this time has not the same agendum, and till then Yen Rollercoaster Craze is a ride of no forget.
  • AUD is expected to retrace 150 pips the least.
  • EURCHF – Topped, OB again on monthly charts, and a buy dip is a nice idea for a ‘camping trip’ towards 1.7
  • EURNZD striving its year lows and momentum is extremely bearish. 18823 is in the offing.
  • Dax, has approached its yearly high, and from here with some help of other equities, vicious tumble is to be gauged by mid April, maybe further than the mid a bit.
  • Gold is in nice daily pennant triangle. That does not mean sell top/ buy dips. Market does not let you a joy of a nice straight drawing, so expect false breaks from either side. Affording false breaks if any, 585 is of no escape.

Oldies Kryptonite:


Oil & its correction: In my previous Newsletter, I entangled short details about Oil and my Political View. Specifically I have mentioned that “Our long Term trades has translated the tension ahead of time, and correction (short term) is expected after the weekend.” This Week: Indeed Oil Correction took place after the weekend and the situation with Iran calmed down. Had I known that my Oil Correction View will let the situation calm down with Iran, then I should be hoping to be living and trading in an Oil Correction Cycle all the time.


Tread Carefully: The market narrowed its wave to 23900 which should be corrected to 24100.
This Week:
GBPCHF screened finally 24100 and ForexSurvivor Long Term GBPCHF trade has been closed enjoying 720 pips.



Click here to find below Weekly Closed Trades of 271.5 pips.


This post first appeared on Forex Survivor Articles - The Neglected Essentials, please read the originial post: here

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G7 & Low Liquidity Trading for Easter.

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