Wednesday 31st of August

Good morning folks!

I hope everyone is well!

I’ve been working to develop a scalping strategy so I’ve been working on that recently, I’ve decided to start using it in the market today and pulled 1.6R (with less R than usual due to forward testing)

Anyway, you’re not here about that, or at least, I’m not planning on sharing this strategy publicly


CAD/JPY

We’re approaching the previous high, so I’m just patiently waiting at this area for now

EUR/JPY

Euro Yen is also looking quite decent for a short if we break this trendline, that being said, we’re at a trendline, so if we break this level we’ll be able to create a new zone lower in which case the likelihood of me executing a short will be a lot lower

NZD/CHF

USD/JPY

We remain within the area of demand, we’ve seen a rather sideways price action so far, but let’s see what happens

USOIL

UKOIL

XAU/USD

Take care folks!

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