As written Sunday, divergence existed between EUR/USD and GBP/USD Vs AUD/USD and NZD/USD. Divergence informed a gap existed and the gap favored AUD/USD and NZD/USD. The distant gap was forced to close by no other choice.
EUR/USD and GBP/USD traded lower would’ve closed the gap quickly, but AUD/USD and NZD/USD were oversold and fairly neutral to start the week for EUR/USD and GBP/USD.
The correct result was EUR/USD and GBP/USD to remain neutral and dead for two days while AUD/USD and NZD/USD traded higher to close the gap.
As written Sunday, AUD/USD targets 0.7136 and 0.7155. AUD/USD traded to precisely 0.7136. Long from the 0.7072 Sunday open, then all profit by 64 pips. Free money as only a click was required and never to sit and watch charts and waste valuable time.
AUD/USD remains oversold on a long-only strategy. As written Sunday, NZD/USD targets 0.6723 or 110 pips. NZD/USD as the slack currency over many months traded to 0.6653. Long from the Sunday open at 0.6613, 40 pips are banked; however, the week contains three more trade days.
For two quick AUD/USD and NZD/USD trades, total profit = 104 pips. NZD/USD remains oversold on a long-only strategy. AUD/USD as a middle currency pair to NZD/USD bottom position; therefore, AUD/USD will consistently outperform and trade more pips than NZD/USD.
Like EUR/USD, GBP/USD V AUD/USD, and NZD/USD’s gap closed, then EUR/USD’s turn to trade was available.
EUR/USD today dropped to 1.1396. As written Sunday, EUR/USD vital levels were located 1.1384, 1.1385 Vs. 1.1524, 1.1530. EUR/USD then bounced from 1.1396.
USD/JPY’s weekly trade was next on deck.
AUD/USD and NZD/USD’s gap close opened the way for other currencies to trade as AUD/USD and NZD/USD paralyzed all currency pair movements.
USD/JPY Weekly Trade
The trade. USD/JPY short 115.56 and 115.63 to target 114.53. Long 114.53 to target 114.92. Result. USD/JPY highs 115.54, low 115.32. So far, +22 pips and running.
USD/JPY Candles and Price Methods
Only two methods exist to view USD/JPY today. The first is the forward price predictive power of candles. This method places every other trade method and trade system to shame. And takes 2 seconds for free money, as previously highlighted many times.
Or view USD/PY price methods following bottom targets at 115.22, 115.14, and 114.93.
AMC Stock
Vital for stock trades are three vital aspects: PE Ratio, Dividend dates, and NYSE stocks. Note AMC (NYSE:AMC) and three letters to signify NYSE and most quality stocks. PE ratios signify a high or low price. Dividend dates are special easy money trades.
AMC day trade today is the same as any financial instrument, long bottom, and short tops as interest rate determinations to drive prices. AMC today: 114.75, 114.83, 114.91, 114.99 and 115.07. If any price trades above or below intended parameters, it's free money.
