Weekly Report by Vandle

vandleb

Junior member
45 0
AUD/USD
262880

AUDUSD,Daily
262878

AUDUSD,Weekly
This Week, AUD/USD fell down in daily timeframe within expectation.I did not find the suitable chance to open the short position. I don't think it is a pity, because I trust my system all the time.As we can see in the daily timeframe and weekly timeframe, the down trend is clear.In the next week, if there is a good opportunity to open the sell order in the small timeframes like H1 and H4, I will sell the AUDUSD without hesitating. But when the price of AUDUSD is near the white line, I will recondier my strategy.The candle pointed by a white arrow is the resistance of the daliy timeframe and the weekly timeframe, respectively.
AUDUSD
263094

This week, I could not find a suitable structure to open the short position.
According to lastest charts, I will open the long position in the short term.
 

vandleb

Junior member
45 0
USDCAD
262881

USDCAD,Daily
In the daily timeframe, USDCAD released the energy on Monday. Though there is a strong resistance in the daily timeframe, USD/CAD has high possibility to rise.
USDCAD
263095

The USDCAD is in a key position because the structure of daily timeframe is ready to have a new trend.
Thus, in the next week, I will focus on the USDCAD.
 

vandleb

Junior member
45 0
EURUSD
262882

EURUSD, Daily
As what I mentioned last week, I opened a sell order on Monday according to my system. However, I only got a little profit due to the market fluctuation on Wednesday. Fortunately, there was another opportunity for short position on Thursday.
After five consecutive days of declines,EUR/USD released most of its energy. Although the euro is now about 60-70% chance of falling basing on my system, a 60-70% chance is pointless in the forex market. The down trend will be confirmed in the small timeframes like H1 and H4. Thus, if you have short position in eruo now, you can hold it and wait for the new down trend.
EURUSD
263096

This week, I opened another short position on Wednesday and closed all the short positions on Thursday.
Although the euro is not easy to fall down in the short term basing on daily chart, I will wait for the confirmation in the small timeframes.
 

vandleb

Junior member
45 0
GBPUSD
262890

GBPUSD, H4
262887

GBPUSD, Daily
262888

GBPUSD, Weekly
The pound had a new trend at the white arrow as what I mentioned last week. Also, I did not open the short position because I could not find a suitable opportunity in the small timeframes. The GBPUSD has fallen a lot because of the news on British exit for this week.It is possible to form a new trend in the next two weeks according to the candles structure in the weekly chart. Thus, it is a key position. If you focus on short-term trading, I suggest you seize the opportunity to sell pound when your trading system also provides the signal. If you are a long-term trader, waiting is a good choice.
GBPUSD
263101

This week, the pound rallied in the four hours chart. It is not clear trend for the sterling in the short term.
However, the resistence of the up trend is clear.Thus, my strategy for the sterling is to wait.
 

vandleb

Junior member
45 0
USDJPY
262894

USDJPY, H4
262891

USDJPY, Daily
262892

USDJPY, Weekly
Last week, I mentioned that the USDJPY would stop falling down. But the Sino-US trade war caused the yen to continue to fall.
In the four hours timeframe, it is clear that the yen bulit the bottom. It means that the yen does not have a clear trend in the small timeframes. I will focus on whether the Zone One and the Zone Two constitute the new trend. And the key of the new trend is in the daily chart.
USDJPY
263102

As what I mentioned last week, the yen constitued the new downtrend in the zone two.Although the structures of the yen in all small timeframes are weak, the structure in the weekly timeframes is not good for yen. I need another confirmation in the daily chart or weekly chart in the coming few weeks.
According to the weekly chart, I will open the short position if a chance appears in the small timeframes.
 

vandleb

Junior member
45 0
XAUUSD
262899

XAUUSD, H4
262900

XAUUSD, Daily
262901

XAUUSD, Weekly
As what I mentioned last week, I opened a long position in the four hours timeframe and I took profit at the green line. Actually, the reversal appeared in the 15 minutes chart. Thus, in the long term, the gold does not have a clear trend. For the short-term traders, if the gold falls about five dollars first in the next week, it is a good chance to buy gold in the small timeframes. (Always remember that your system also provides the signal.)
XAUUSD
263108

XAUUSD, Daily
263109

XAUUSD, Weekly
This week, the gold is within expectation.
The gold is also in the key position now. Basing on the daily chart, the gold will have a clear trend in the white area. And in the weekly timeframe, it is not easy for the XAUUSD to breakthrough the support.
Thus, in the short term, I will wait for the opportunity to buy XAUUSD. And in the long term, I will wait for the confirmation of the new trend in small timeframes.
 

vandleb

Junior member
45 0
SP500
262921

SP500, Daily
262922

SP500, Weekly
On the Monday, I opened a long position according to my system, and stopped loss due to the US-China trade war.
Now, SP500 does not have a clear trend. But I will also focus on it because the stucture is good. Let's wait for the new trend.:)
SP500
263111

It is not a clear trend in the SP500 weekly chart. However, the structure of weekly timeframe is very good for firming a new uptrend.
Besides, the monthly chart will have a new candle in the next weekend. It is a important candle for the US500 because the lastest structure in the monthly timeframe will have a significant influence on the US500 this year.
 

vandleb

Junior member
45 0
AUDUSD
263094

This week, I could not find a suitable structure to open the short position.
According to lastest charts, I will open the long position in the short term.
AUDUSD
263279

AUDUSD, Daily
263280

AUDUSD, H4
This week, the AUDUSD is weak but the structure of four hours timeframe is ready to have a new trend.
The AUDUSD is likely to rise next week. I will focus on the AUDUSD next week.
 

vandleb

Junior member
45 0
USDCAD
263095

The USDCAD is in a key position because the structure of daily timeframe is ready to have a new trend.
Thus, in the next week, I will focus on the USDCAD.
USDCAD
263281

USDCAD, Daily
This week, the USDCAD form a new uptrend in 4 hours chart.
In the daily timeframe, the USDCAD is still in the key position. It is easy for the USDCAD to have a bear market or bull market.
Thus, the USDCAD is still in my list next week.
 

vandleb

Junior member
45 0
EURUSD
263096

This week, I opened another short position on Wednesday and closed all the short positions on Thursday.
Although the euro is not easy to fall down in the short term basing on daily chart, I will wait for the confirmation in the small timeframes.
EURUSD
263282

EURUSD, Daily
263283

EURUSD, Weekly
This week, the euro did not have a clear trend.
In the daily chart, the euro lost its trend in the short term and in the long term. According to the weekly chart, the euro don't have a clear trend in the long term until the price is near the two white line.
 

vandleb

Junior member
45 0
GBPUSD
263101

This week, the pound rallied in the four hours chart. It is not clear trend for the sterling in the short term.
However, the resistence of the up trend is clear.Thus, my strategy for the sterling is to wait.
GBPUSD
263294

GBPUSD, Daily
This week, it was a good chance to sell the sterling on Monday, basing on my trading system.
Now, the pound has a structure in small timeframes, especially in one hour chart. In the next week, if the small timeframes appear the suitable structure to open the long position, I will open the buy order. Also, if the structure in four hours chart changes, I will open the short position.
 

vandleb

Junior member
45 0
USDJPY
263102

As what I mentioned last week, the yen constitued the new downtrend in the zone two.Although the structures of the yen in all small timeframes are weak, the structure in the weekly timeframes is not good for yen. I need another confirmation in the daily chart or weekly chart in the coming few weeks.
According to the weekly chart, I will open the short position if a chance appears in the small timeframes.
USDJPY
263295

USDJPY, Daily
This week, it was a good opportunity to open the short position in 15 minutes timeframe.
Now, I have the confirmation in the daily timeframe and weekly timeframe. The yen forms a new trend in the weekly chart. But the price fell too fast that it was difficult to find anorther perfect chance to open the short position.
 

vandleb

Junior member
45 0
XAUUSD
263108

XAUUSD, Daily
263109

XAUUSD, Weekly
This week, the gold is within expectation.
The gold is also in the key position now. Basing on the daily chart, the gold will have a clear trend in the white area. And in the weekly timeframe, it is not easy for the XAUUSD to breakthrough the support.
Thus, in the short term, I will wait for the opportunity to buy XAUUSD. And in the long term, I will wait for the confirmation of the new trend in small timeframes.
XAUUSD
263301

XAUUSD, Daily
263299

XAUUSD, Weekly
263300

XAUUSD, Monthly
This week, the XAUUSD finally released its power.
It was a pity that the last candle in the daily chart was not good. But in the weekly timeframe, the new trend of XAUUSD constitues. If the XAUUSD falls down at the beginning of next week, it will be a good chance to buy the gold basing on the small timeframes.
According to the monthly chart, the XAUUSD forms a new uptrend. As what I have mentioned last week, the new trend will get the confirmation in the daily chart white zone. All in all, this year, the gold is easy to hit the five-year high.
 

vandleb

Junior member
45 0
SP500
263111

It is not a clear trend in the SP500 weekly chart. However, the structure of weekly timeframe is very good for firming a new uptrend.
Besides, the monthly chart will have a new candle in the next weekend. It is a important candle for the US500 because the lastest structure in the monthly timeframe will have a significant influence on the US500 this year.
SP500
263303

SP500, Weekly
263304

SP500, Monthly
This week, the SP500 kept falling down.
The structure of SP500 is not good in the monthly chart. Because there is a strong support in the first month of this year. If the SP500 form a more strong structure for short position, it will be possible to breakthrough the support. But it will take a long time.
 

vandleb

Junior member
45 0
I will have a vocation for a week. This weekend, I will share the technical analysis as usual.
 

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