During first part, we discussed about Strait Times Index (STI) and many reits for recurring income
Looking at USDJPY, key resistance level at 111 and 112. The 111 level looking to be broken, thus USDJPY might be bullish, with caution at 112.
GBP is messy with political issues - if there is an educated guess on current momentum, then it's more bullish.
Lastly, analysis into AUDUSD.
DXY is still at resistance, however trend is still up - too early to say that USD is weak
Share about use of H4 bar to see flip in autobox colors. This method is an easy, simple method where it's even visible on your mobile MT4
In this webinar, I shared about changing colors/outline of Autobox to focus on it's open/close prices.
In this method of visualisation, it gives a huge confidence boost to trade direction.
Discussion of this visualisation of autobox focused on CHF which could be a major theme to move after JPY.
1. Discussed about 2 currencies - CAD and USD ahead of US Non Farm Payroll and Canada data tomorrow (Friday)
2. GBPUSD, USDJPY, NZDUSD, EURUSD
3. GBPCAD, CADJPY, EURCAD
4. Students asked about AUDJPY and AUDNZD
Summary of Binni's webinar:
Binni discussed about your psychology in a winning trade and how TAG2 can help you with it
Second part of webinar talked about how to use TAW and divergence indications to spot for turning points