Search

Week 36 - 2021. Trades review and trade set ups

Updated: Sep 11, 2021

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.



----------------------------------------------------------------------------------------

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


Join our telegram channel at: https://t.me/traineetraders

Instagram: https://www.instagram.com/trainingtraders/

Facebook: https://www.facebook.com/trainingtraders


Stay safe out there and safe trading!

26 views0 comments

Recent Posts

See All

Hey Traders, Risk on assets continues its rise with major indices reaching a key 50% retracement level and up for the 4th consecutive week. Yield are actually up despite from the release of the CPI re

Hey Traders, Commodity prices such as corn, soybean and even crude oil fell throughout the week possibly giving more risk on attitude in the market as stock indices continue to soar. However, interest

Hey Traders, Its the month end again and we see the stock indices closed off the week in the green. The key concern right now is that the US is could be entering a stagflation as inflation rises with