Arco's Weekly Forex Round Up

[arco]

Hello Friends

I ended up +246 pips after a roller coaster ride on my weekly system with which I have been trading the Gbp.Jpy/British Pound. Several stop losses got hit with the wild gyrations of the early week leading to initial losses. The markets movements have clearly changed and due to this I have now taken some additional measures that should minimize the risk with these trades. These will be implemented from next Monday, and this will mean the ‘Weekly Signals’ with entries and targets will appear on my blog later than normal because I will be waiting for additional confirmation.

Best trade set-ups of the week were GBP.JPY 150 pips, EUR.JPY scalp (max 150 pips) and USD.CAD scalp (Max 118 pips)

I also looked at potential trades in Gold, Silver, Eur.Gbp, and Usd.Jpy, none of which have set up properly as yet. I will look at these again and others over the next few days.

Please check my forex signals blog for charts and more information.

Watch me next week as I do battle with the wonderful world of FX

Good weekend all – Arco

[arco]

Hello Friends

Nzd.Cad daily chart appears be forming a Head and Shoulder pattern right at the confluence of the up-trend line and the neckline, and this may lead to a profitable opportunity for 200-400 pips or more.
Ichimoku thoughts. The Chikou Span is now testing the plot which in itself is also almost through the Kumo, while ahead the Kumo is thinning. These signs are giving a bearish tone.

I will be watching this one closely and keeping blog members informed regarding the entry point as the potential pattern unfolds.

Good trading all - arco

[arco]

Hello Friends

This week we added +311 pips to our monthly total making +561 so far, although there were other trades suggested gathering up to another circa +3000 potential pips (not a misprint)

All charts and thoughts for Gold, Silver, SP500 and Oil are available free on the blog.



Oil. No confirmation as yet but there may be the chance of a reversal pattern appearing, therefore you could watch for that possibility in the shaded zone near the trend-line.

Regards
Arco

[arco]

Hello Friends
This week we added +290 pips to our monthly total making the month +851, although there were other trades suggested gathering up to another circa 900 potential pips for participating members.

Purple Trace of the week with a maximum of 380 pips was given on Monday

[arco]

Hi Friends

All Gold, Silver, Oil and SP500 thoughts and charts are free on the blog.

This weeks gold chart gave a round trip profit of about $64

Good trading all - Arco

[RileyR569]

Hey arco could you please message me a link to your blog?