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[Week 36 - 2021] Trades Recap and Trade Setups

Updated: Sep 20

Hey Traders,


Big miss on last weeks Non-Farm Payroll! The dollar struggles to keep up while stock indices are holding on. Prices are increasing throughout different sectors (inflation), however the economy is not strong enough, putting the FEDs in a difficult position.


Upcoming Economic Release:


(Credit: ForexFactory.com Time: +8GMT)


Dollar Index (DXY)

The dollar struggled throughout the week and reached back to the 92.0 support region.



Spot Gold (XAU/USD)

Meanwhile, gold continues its rally, with market pricing in anticipation that tapering will not happen anytime soon.



Trade Recap


XAU/USD (Analysis 33-1)


Recap (Week 34 - 2 Weeks Ago) Take Profit - 2


Recap (Week 35 - Last Week) Take Profit - 3

Long position reached Take Profit - 3 level where we announced to close / partial / risk free.



EUR/USD (Exclusive Trade)


Recap (Week 34 - 2 Weeks Ago) Take Profit - 1


Recap (Week 35 - Last Week) Take Profit - 4

Long at market position reached Take Profit - 4 level where we announced to close fully.



Copper Futures (Exclusive Trade)

Recap (Week 35 - Last Week) Take Profit - 1

Long at market position reached Take Profit - 1 level where we announced to close / partial / risk free.



CAD/JPY (Analysis 35-2)

Recap (Week 35 - Last Week) Take Profit - 2

Long position reached Take Profit - 2 level where we announced to close / partial.



Trade Setup / Analysis


USD/CAD (Analysis 36-1)

Long opportunity: Break and retest confirmation at 1.25385 region towards 1.25890.


Short opportunity: Break and retest confirmation at 1.24975 region towards 1.24345.



AUD/JPY (Analysis 36-2)

Long opportunity: Break and retest confirmation at 81.52 region towards 82.80.



Sugar No.11 Futures (Analysis 36-3)

Long opportunity: Break and retest confirmation at 20.3 region towards 21.0.

Short opportunity: Break and retest confirmation at 19.5 region towards 18.88.



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Cheers to all our member who managed to pack some profits this trading week.


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Stay safe out there and safe trading!

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