Weekly Trades Summary October 12th 2018

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Weekly Trades Summary October 12th 2018

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Hi Traders! Weekly Trades Summary October 12th 2018 is here. Second trading week of October is over. It is now time to recap and summarize the trade setups that we had during this week. Below you will find the short explanation of all setups we had in this week.

 

Trades Summary:

GBPUSD – Price reached the first critical zone and moved higher exactly as per our plan. We have collected excellent profits with this trade.

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Our Idea:

Weekly Trades Summary October 12th 2018Current Scenario:

Weekly Trades Summary October 12th 2018

 

USDJPY – Price moved exactly as per our plan, it broke below the bottom of the flag pattern and moved lower. We have collected amazing profits.

Our Idea:Weekly Trades Summary October 12th 2018Current Scenario:

Weekly Trades Summary October 12th 2018

 

NZDCHF – The price moved exactly as per our plan. We got bearish evidence in the form of uptrend line breakout and then the price moved lower further as we expected. We have collected nice profits with this sell trade.

Our Idea:

Weekly Trades Summary October 12th 2018Current Scenario:

Weekly Trades Summary October 12th 2018

 

EURAUD – The pullback that we were looking for happened and the price moved lower towards the critical zone. After reaching the critical zone the price moved higher further exactly as per our plan. This buy trade has provided us amazing profits.

CADJPY – Setup is still valid as long as the invalidation zone is not reached

Our Idea:

Weekly Trades Summary October 12th 2018Current Scenario:

Weekly Trades Summary October 12th 2018

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Have a nice weekend!

 

Yours to your success,

Vladimir Ribakov

 

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