This is the chart of forex pairs:-
As you know that this is a forex pair. The pair name is usd/jpy and in this pair as you can see a good target hit with big green candle than today we study how to identify this type of move before this move than we also study how to effect this pair of gold that means in this pair usd is first and jpy is second and in the gold forex pairs gold is first and usd is second that means this pair is inverse of gold and also you can say that gold is inverse of this pair.
How to find this type of move before time :-
The answer is that if we want to find this type of move before time and than you must need to study all forex pairs and than draw a price action in this case our price action is trendline and you can say that triangle pattern in this chart and than a good breakout is form as you can see with big green candle and than wait for second conformation and than when our second conformation is complete than we can take trade in breakout direction. This way we can find this type of move before time.
How to effect this pairs of gold pairs :-
You can see in this pair is usd is primary pair and the second pair is jpy and in the gold pair primary is gold and second pair is usd so if gold is positive than usd/jpy is negative because both pairs are inverse each other. This way you can identify effect of this pairs and the gold pairs.
When we take trade in these pairs :-
First to first you must need to watch both pairs and than wait for a good opportunity and than in any pairs any move is form than we will for next pairs move may be the first move is false than don’t trade in first move and than if first move is effective on second pair than we take trade in second pairs and skip first move and first pairs. This way we can skip our losses and than become a good trade and also take trade with low risk and high reward.
Conclusion of this post :-
The post of conclusion is that first you write a golden rule for forex trading and gold trading the rule is usd/jpy is inverse of gold pairs and similar to gold pairs is inverse of usd/jpy. You remember this point and than the second post is don’t trade in first movement that means skip first move and than trade in second move that means if first move is coming in gold pairs and than move is very fast than we skip this move and see usd/jpy chart and than same move in this chart form in inverse form than we can trade in usd/jpy and skip gold trade similar to if usd/jpy form a good move in first time than wait for some time and see gold chart and than gold also form this move in inverse form than we can wait for some movement and than usd/jpy is moving fast than skip this trade and take trade in gold chart if move is similar but inverse form. This is the conclusion of whole post.
