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Old-Chapter Trading Journal

Trading Journal Updates 27.09.2022: Hello everybody, welcome to my trading journal. I believe You Are good in health and making a good profit. Now we enter the second day of the week. It turned to look at trade and attract on our work. The US dollar surpassed the 114.00 level to reach a new cycle high. At 115.00, there is immediate resistance higher. Considering May 2002, the US dollar has continued to grow, breaking the 114.00 mark for the first time. EUR/USD recovers from recent cycle lows near 0.9550. The 0.9411 level should return on the downside shortly. The EUR/USD pair continues to trend lower and drops to an incredible 20-year low of 0.9550. On Monday, USD/JPY drew some buyers for the second subsequent day. The USD/JPY pair is presently trading around 144.20, towards the upper end of its daily trading range. GBP/USD began a swift intraday rebound from record lows and reached fresh intraday highs above 1.0930.

Old-Chapter Trading Journal

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Old-Chapter Trading Journal

Important Financial Events Hello, dear friends are the second of the week. In economics, events stand more influential than essential news. That may increase the volatility in the forex market. I have mentioned only critical events below also attached an Image for further details. FOMC Member Mester Speaks Fed Chair Powell Speaks Core Durable Goods Orders m/m Durable Goods Orders m/m FOMC Member Bullard Speaks CB Consumer Confidence New Home Sales Richmond Manufacturing Index These events are significant for today, and the market remains unpredicted. Be careful to open a new position with proper risk management. Have got to be used to stop loss. Good luck to everyone with open trades.

Old-Chapter Trading Journal

Running Trades-In USD/JPY After a robust rebound at 144.70, USD/JPY is showing symptoms of losing momentum. The stage is for an over-the-counter adjustment by the negligence to overcome the psychological obstacle at 145.20. The two made numerous tries to reach level 146.30 before failing. The price of the yen fluctuated between levels of 145.10 and 140.34. However, when USD/JPY traded at 144.50 again raised the spot rate above the 145.00 level. After dipping towards, the level of 144, USD/JPY is still likely upward. On the other hand, a loss at 145.25 could trigger a crucial decline toward the daily pivot at 143.95. Order Details: Symbol: USD/JPY Order Type: Sell Open Price: 143.860 Take Profit: 139.500 Stop Loss: 145.500 Lots of sizes: 0.20 Status: Running Trades in a loss of $10.92

Old-Chapter Trading Journal

Old-Chapter Trading Journal

Running Trades-In GBP/USD GBP/USD was previously down more than 1.5% for the day, but it traded at 1.0698, a significant increase from the session low of 1.0356, which it held between, and the day's high of 1.0931. We noted the pair hit historic lows when UK gilts started to decline again and concerns over high-interest rates kept the global financial system in check. GBP/USD fell to a record low of 1.0315 before climbing 600 pip. The recovery sputters, and pressure is put back on the GBP/USD exchange rate. Order Details: Symbol: GBP/USD Order Type: Buy open Price: 1.05070 Take Profit: 1.11500 Stop Loss: Open Lots of sizes: 0.20 Status: Running Trades in a profit of $47.40

Old-Chapter Trading Journal

Old-Chapter Trading Journal

Note! Forex beginners should remember that every trade cannot be profitable. The improvement of a clear strategy and money management are the keys to success in trading over a long period. Thank you all for coming to my journal logs and enjoying yourself with friends and family.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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