1200+ Pips in a Week – AUD/JPY - Trade 5 of 6

SILVER SIGNALS strength / weakness – Trade 5 of 62018-06-23T15:51:37+00:00

5 Days : 6 Trades : 1200 Pips

Such is the power of my Daily Forex Strength / Weakness Analysis

Forex Strength and Weakness Technical Analysis | Forex Signals | Charles Clifton Forex Trader : Coach : Signal Service | www.CharlesClifton.co.uk

Based on nothing more than a simple daily bar “Sell at market open and hold to market close” strategy, here you can see how this AUD/JPY Short trade unfolded, returning + 184 pips profit in the process.

This is 1 of 6 trades taken that week as a result of my Daily Forex Strength / Weakness Analysis.

Seriously – Forex Trading without this analysis is like driving your car – Blindfolded !

We start the week at 8pm GMT on Sunday 12th November 2017 when I issued the following Forex Strength / Weakness Analysis:

Sunday 12th Nov 2017 – Week 46 – Market Open Forex Strength / Weakness Analysis

20.00 GMT – Bigger Picture

S1: USD W1: NZD
S2: GBP W2: CHF
S3: JPY W3: AUD

How to Use this analysis:

Example: Here JPY is the 3rd strongest (S3) and AUD is the 3rd Weakest (W3), so open the AUD/JPY chart on the daily timeframe, see if price action agrees.

You don’t have to stick to the No1 (S1 Vs W1) crosses either: There are 9 potential currency crosses available per table, so maybe pair the 2nd strongest (S2) with the 3rd weakest (W3) and see what the respective chart has to offer.

My week 46 Sunday analysis above clearly shows that as of 8pm GMT on Sunday 12th November 2017:

  • JPY is the 3rd strongest (S3) currency in the market
  • AUD is the 3rd weakest (W3) currency in the market
  • We cannot trade JPY/AUD so we reverse the Base & Quote currencies show to AUD/JPY

Let’s pull up the AUD/JPY chart and see what it has to offer.

AUD/JPY Short – Trade rational and chart

A midweek signal generated by my Daily FX Strength / Weakness Analysis on Wednesday 15th November 2017.

Forex Strength and Weakness Technical Analysis | Forex Signals | Charles Clifton Forex Trader : Coach : Signal Service | www.CharlesClifton.co.uk

Trade Outcome: AUD/JPY Short

The market opened @ 86.86 and closed 211 pips lower @ 84.75

Following a minor hesitation at 88.65 support this pair took a dive straight through it, taking out a 4 1/2 month bull trend line with it.

Most traders would baulk at holding a position through such support, I however simply trade with the market.

As with my NZD/JPY of the same week, Friday proved to be the money maker – As with all my trades, it’s my Daily Strength / Weakness Analysis that positions me in the right pair, in the right direction, at the right time, to make money from these moves.

So I entered short on Tuesday morning, exiting  just minutes before Friday’s 10pm GMT market close.

Outcome: + 184 pips profit

So, ready to trade with, not against the market ?

Subscribe NOW and I’ll start emailing your tables twice a day

AND you get to see my FX WATCH LIST and my OPEN POSITIONS – Every day !!!

Sill not convinced ? Need more proof ?

Of the 9 potential Forex crosses my analysis immediately alerted me to 3 trade setups resulting in + 688 pips profit.

A further 3 trade setups triggered during the week, giving me another + 526 pips profit.

That’s over 1200 pips profit in 1 week !

Here’s all 6 trades taken that week: Click the images below to see the charts, trade setups and outcomes.

Trade 1: NZD / USD Trade 2: GBP / AUD Trade 3: EUR / AUD
Forex Strength and Weakness Technical Analysis | Forex Signals | Charles Clifton Forex Trader : Coach : Signal Service | www.CharlesClifton.co.uk Forex Strength and Weakness Technical Analysis | Forex Signals | Charles Clifton Forex Trader : Coach : Signal Service | www.CharlesClifton.co.uk Forex Strength and Weakness Technical Analysis | Forex Signals | Charles Clifton Forex Trader : Coach : Signal Service | www.CharlesClifton.co.uk

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Week 46 Trade 4 Week 46 Trade 5 Week 46 Trade 6

So, ready to trade with, not against the market ?

Subscribe NOW and I’ll start emailing your tables twice a day

AND you get to see my FX WATCH LIST and my OPEN POSITIONS – Every day !!!

“Need to know more about this analysis ? I’m here to help, so feel free to drop me a line via my contact page HERE

Leveraged trading carries a high level of risk to your capital. Please ensure that you fully understand the risks involved before you trade. Read more HERE