PIPNEST Trade Daily
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Welcome to PIPNEST – Let’s Trade Smarter Together
Hello, fellow traders,
Let me start by saying this: I’m just like you. We’re all here to navigate the markets, sharing knowledge, experiences, successes, and yes, even failures. The markets have been my world for decades, and over time, I’ve built what I call the PIPNEST Strategy—a system that’s helped me stay grounded, disciplined, and consistent.
I’m sharing it with you because I believe we all do better when we work together. PIPNEST isn’t just about rules and indicators; it’s about creating a space where traders like us can grow, learn, and trade smarter.
What’s PIPNEST About?
At its core, PIPNEST is a strategy designed to keep things clear, disciplined, and consistent:
The TSL is a game-changer—it dynamically locks in unrealised profits while giving trades the breathing room they need to grow. Think of it as a safeguard that maximises gains without cutting trends short.
Let’s Talk PIPNEST Trade Daily
The PIPNEST Trade Daily is where we put the strategy into action. Published six days a week, it’s packed with insights, analysis, and updates:
Check your live time zone below:
Notes:
Free Resources to Get Started
I’ve put together some tools to help you dive into PIPNEST:
Why PIPNEST?
Because trading doesn’t have to be a lonely grind. This is a space to ask questions, get insights, and share experiences. I’ll explain every part of the strategy, from ESL to TSL, share my analysis, and help you understand why it works.
Together, we’ll turn trading into something sustainable, empowering, and maybe even a little fun. I’m glad you’re here, and I can’t wait to hear what you think.
Welcome to PIPNEST. Let’s grow as traders, together.
Hello, fellow traders,
Let me start by saying this: I’m just like you. We’re all here to navigate the markets, sharing knowledge, experiences, successes, and yes, even failures. The markets have been my world for decades, and over time, I’ve built what I call the PIPNEST Strategy—a system that’s helped me stay grounded, disciplined, and consistent.
I’m sharing it with you because I believe we all do better when we work together. PIPNEST isn’t just about rules and indicators; it’s about creating a space where traders like us can grow, learn, and trade smarter.
What’s PIPNEST About?
At its core, PIPNEST is a strategy designed to keep things clear, disciplined, and consistent:
- Clear Goals: Know what you’re aiming for with FI Income and FI Capital—your blueprint for financial independence.
- Discipline: Logical tools like Entry Stop Loss (ESL), Breakeven Stop Loss (BESL), and now, Trailing Stop Loss (TSL) to protect capital and lock in gains.
- Consistency: Focused on realistic, sustainable returns that work for traders at all levels.
The TSL is a game-changer—it dynamically locks in unrealised profits while giving trades the breathing room they need to grow. Think of it as a safeguard that maximises gains without cutting trends short.
Let’s Talk PIPNEST Trade Daily
The PIPNEST Trade Daily is where we put the strategy into action. Published six days a week, it’s packed with insights, analysis, and updates:
- Monday: Market Opening Insights – Setting the tone for the week with news and market movers.
- Tuesday: Daily Update – A straightforward look at setups and opportunities.
- Wednesday: Midweek Article – Exploring trading psychology, strategy tweaks, or key trends.
- Thursday: Daily Update – Adjusting to midweek conditions and market developments.
- Friday: COT Report Analysis – Using the Commitment of Traders report to gauge market sentiment.
- Saturday: Weekly Wrap – Reviewing the week’s trades, lessons, and what’s next.
Check your live time zone below:
| LOCATION | TIME ZONE | PIPNEST Live Times |
|---|---|---|
| Melbourne, Australia | AEST (UTC +10) | 7:30 AM – 9:00 AM |
| London, UK | BST (UTC +1)* | 10:30 PM – 12:00 AM (previous day) |
| Zurich, Switzerland | CEST (UTC +2)* | 10:30 PM – 12:00 AM (previous day) |
| Tokyo, Japan | JST (UTC +9) | 6:30 AM – 8:00 AM |
| New York, USA | EDT (UTC -4)* | 5:30 PM – 7:00 PM (previous day) |
| Chicago, USA | CDT (UTC -5)* | 4:30 PM – 6:00 PM (previous day) |
| Los Angeles, USA | PDT (UTC -7)* | 2:30 PM – 4:00 PM (previous day) |
Notes:
- *Adjust for daylight saving time where applicable.
- PIPNEST posts are published live during these times for all regions, ensuring timely access for traders across the globe.
Free Resources to Get Started
I’ve put together some tools to help you dive into PIPNEST:
- PIPNEST Strategy Document – Everything you need to know about the strategy.
- PIPNEST Chart Template – Get your MT4 charts looking sharp and functional.
- Free MT4 ADR Indicator – A handy tool for tracking daily ranges.
Why PIPNEST?
Because trading doesn’t have to be a lonely grind. This is a space to ask questions, get insights, and share experiences. I’ll explain every part of the strategy, from ESL to TSL, share my analysis, and help you understand why it works.
Together, we’ll turn trading into something sustainable, empowering, and maybe even a little fun. I’m glad you’re here, and I can’t wait to hear what you think.
Welcome to PIPNEST. Let’s grow as traders, together.
PIPNEST TRADE DAILY
Monday, 27 January 2025
Markets Wait for the Fed’s Final Bow
The forex market kicks off the week with traders eyeing key events that could set the tone for February. Wednesday’s FOMC meeting takes centre stage, with the Fed expected to hold rates at 4.50%. While the decision may lack surprises, the post-meeting statement and press conference will be scrutinised for clues on the Fed’s next moves.
Meanwhile, the U.S. dollar seems torn between resilience and exhaustion, as last week’s data painted a mixed picture of the economy. Friday’s Core PCE inflation report could provide clarity, helping traders decide whether to keep backing the greenback or pivot to alternative plays like the pound or yen.
On the yen front, USDJPY has adopted a bearish posture, while GBPJPY continues to flirt with the 194.00 level. Over in poundland, GBPUSD remains in a steady consolidation phase, awaiting a breakout as risk sentiment builds.
PIPNEST Opinion: This week promises volatility with a side of suspense. Keep an eye on GDP numbers, inflation updates, and the Fed's narrative. With the markets on edge, it’s critical to stay disciplined and prepared for quick moves. Join the PIPNEST community for trading insights, wit, and camaraderie as we tackle the chaos together!
The GBPJPY Report
Click today's chart
Trend Status:
• TwinMA: Crossed-Up
• RSI: Crossed-Up
• ADX: Below 25 Level
• Overall Status: Trend Sideways
At Yesterday’s Close:
DATE | OPEN | HIGH | LOW | CLOSE | RSI | ADX | +DI | -DI |
|---|---|---|---|---|---|---|---|---|
2025.01.27 | 194.139 | 194.176 | 194.076 | 194.094 | 67.03 | 72.82 | 2.11 | 24.49 |
GBPJPY is holding steady at the 194.00 level, with technical indicators showing mixed signals. The TwinMA and RSI both point to a bullish outlook, but ADX at 72.82 suggests weak trend strength, leaving the pair stuck in sideways consolidation.
Fundamentally, the pair remains at the mercy of broader risk sentiment and yen movements ahead of this week’s U.S. economic data. If the Fed strikes a cautious tone on Wednesday, GBPJPY could extend gains toward 195.00. Conversely, signs of continued Fed tightening might strengthen the yen, pushing GBPJPY lower toward 192.50.
PIPNEST Opinion: GBPJPY is at a crossroads, with a breakout on either side likely. Stay disciplined, and keep an eye on risk sentiment for directional clues. Are you ready for the next move? Let’s discuss in the PIPNEST community!
The GBPUSD Report
Click today's chart
Trend Status:
• TwinMA: Crossed-Up
• RSI: Crossed-Up
• ADX: Below 25 Level
• Overall Status: Trend Sideways
At Yesterday’s Close:
DATE | OPEN | HIGH | LOW | CLOSE | RSI | ADX | +DI | -DI |
|---|---|---|---|---|---|---|---|---|
2025.01.27 | 1.24636 | 1.24663 | 1.21589 | 1.24652 | 76.49 | 64.44 | 24.49 | 0.00 |
GBPUSD has edged higher, closing above the 1.24600 mark. Technical indicators show strength, with the TwinMA and RSI suggesting upward momentum. However, ADX remains below 25, pointing to a lack of trend conviction.
The pair awaits direction from this week’s U.S. economic data. Friday’s Core PCE inflation report is particularly important, as a lower-than-expected print could weaken the dollar and lift GBPUSD further. On the flip side, a hawkish surprise from the Fed on Wednesday might push the pair back toward support at 1.2400.
PIPNEST Opinion: GBPUSD looks poised for a potential breakout, but traders should remain cautious ahead of key U.S. data. Watch 1.2400 for support and 1.2500 as resistance. Have your game plan ready? Join the PIPNEST community for actionable insights!
The USDJPY Report
Click today's chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: Crossed-Down
• ADX: Below 25 Level
• Overall Status: Trend Sideways
At Yesterday’s Close:
DATE | OPEN | HIGH | LOW | CLOSE | RSI | ADX | +DI | -DI |
|---|---|---|---|---|---|---|---|---|
2025.01.27 | 155.640 | 155.699 | 155.640 | 155.678 | 38.42 | 45.70 | 4.32 | 0.00 |
USDJPY remains under bearish pressure, closing near 155.68. The TwinMA and RSI both point downward, and ADX confirms weak trend strength, leaving the pair vulnerable to further declines.
With Wednesday’s FOMC meeting looming, traders are cautious. A dovish tone from the Fed might provide short-term relief for USDJPY, pushing the pair back toward 156.00. However, continued signs of Fed hawkishness could amplify yen strength, targeting support levels near 155.00 or lower.
PIPNEST Opinion: USDJPY is treading water as traders await the Fed. Watch for a breakout either way, with key levels at 156.00 and 155.00. Ready for the next move? Share your strategies in the PIPNEST community!
This Week's Economic Calendar
Date | Time (UTC) | Currency | Event | Actual | Forecast |
|---|---|---|---|---|---|
Monday, January 27, 2025 | 15:00 | USD | New Home Sales (Dec) | 669K | 664K |
Tuesday, January 28, 2025 | 13:30 | USD | Durable Goods Orders (MoM) (Dec) | 0.1% | -1.1% |
Tuesday, January 28, 2025 | 15:00 | USD | CB Consumer Confidence (Jan) | 105.9 | 104.7 |
Wednesday, January 29, 2025 | 15:30 | USD | Crude Oil Inventories | -1.017M | |
Wednesday, January 29, 2025 | 19:00 | USD | FOMC Statement | | |
Wednesday, January 29, 2025 | 19:00 | USD | Fed Interest Rate Decision | 4.50% | 4.50% |
Wednesday, January 29, 2025 | 19:30 | USD | FOMC Press Conference | | |
Thursday, January 30, 2025 | 13:30 | USD | GDP (QoQ) (Q4) | 2.7% | 3.1% |
Thursday, January 30, 2025 | 13:30 | USD | Initial Jobless Claims | 221K | 223K |
Friday, January 31, 2025 | 13:30 | USD | Core PCE Price Index (MoM) (Dec) | 0.2% | 0.1% |
Friday, January 31, 2025 | 13:30 | USD | Core PCE Price Index (YoY) (Dec) | 2.8% | |
Friday, January 31, 2025 | 14:45 | USD | Chicago PMI (Jan) | 40.6 | 36.9 |
This week is packed with high-impact events, headlined by Wednesday's FOMC meeting and Friday's inflation and GDP data. Traders are preparing for significant volatility, especially in USD pairs.
PIPNEST Opinion: Each event this week could cause significant price swings. Stay disciplined, use tight stops, and be prepared for breakouts on key levels.
PIPNEST TRADE DAILY
Tuesday, 28 January 2025
Markets Focus on Fed as USD Weakens
Traders around the globe are bracing for the Fed’s interest rate decision tomorrow, as uncertainty surrounding monetary policy continues to weigh on the markets. USD pairs, including USDJPY and GBPUSD, are showing signs of weakening dollar sentiment. Meanwhile, yen pairs like GBPJPY remain in consolidation mode ahead of key macroeconomic developments.
This week’s FOMC meeting is expected to hold rates steady at 4.50%, but any hawkish surprises could reignite USD strength, pushing pairs like USDJPY back to resistance levels. Conversely, dovish remarks or indications of slower tightening could exacerbate dollar softness, fueling gains in GBPUSD and GBPJPY.
PIPNEST Opinion: With markets on edge, traders should stay alert for potential breakout opportunities while maintaining disciplined risk management. Share your strategies and thoughts in the PIPNEST community as we prepare for volatility!
The GBPJPY Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Up
• RSI: Neutral
• ADX: Below 25 Level
• Overall Status: Trend Sideways
DATE | OPEN | HIGH | LOW | CLOSE | RSI | ADX |
|---|---|---|---|---|---|---|
2025.01.28 | 192.947 | 192.956 | 192.936 | 192.936 | 50.53 | 77.54 |
GBPJPY continues to consolidate, trading within a tight range as traders await clarity from the Fed. With the TwinMA pointing up and RSI remaining neutral, the pair reflects market indecision. ADX indicates weak trend strength, suggesting no clear breakout yet.
Key resistance lies at 193.50, while support is near 192.00. As markets digest tomorrow’s Fed decision, volatility may spike, offering breakout opportunities for disciplined traders.
PIPNEST Opinion: GBPJPY is a wait-and-watch scenario. Focus on breakout levels and use tight stops to minimize risks during potential volatility. Are you prepared for the next move? Let’s strategise in the PIPNEST community!
The GBPUSD Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Up
• RSI: Crossed-Up
• ADX: Below 25 Level
• Overall Status: Trend Sideways
DATE | OPEN | HIGH | LOW | CLOSE | RSI | ADX |
|---|---|---|---|---|---|---|
2025.01.28 | 1.24902 | 1.24906 | 1.21589 | 1.24900 | 79.49 | 73.03 |
GBPUSD remains steady, supported by a weaker dollar and strong RSI momentum. The TwinMA also signals an upward trend, but ADX suggests weak trend strength. Resistance is at 1.25200, with key support at 1.24600.
PIPNEST Opinion: GBPUSD is poised for potential gains, but the Fed’s decision will likely dictate its direction. Breakout traders should watch for moves beyond support and resistance levels. Share your thoughts in the PIPNEST community!
The USDJPY Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: Crossed-Down
• ADX: Below 25 Level
• Overall Status: Trend Sideways
DATE | OPEN | HIGH | LOW | CLOSE | RSI | ADX |
|---|---|---|---|---|---|---|
2025.01.28 | 154.458 | 154.459 | 154.450 | 154.450 | 23.21 | 63.10 |
USDJPY continues its bearish momentum, weighed down by yen strength and dollar weakness. The TwinMA and RSI both point to a downward trend, while ADX indicates a moderate trend strength. Resistance lies at 154.80, with key support near 154.00.
As the market prepares for tomorrow’s FOMC meeting, USDJPY could experience heightened volatility. A dovish Fed may push the pair lower, while any hawkish surprises could lead to a recovery above 155.00.
PIPNEST Opinion: USDJPY remains under pressure. Focus on support and resistance levels, and consider tight stops to manage risk during this volatile period. Let’s discuss strategies in the PIPNEST community!
TRADE# | PAIR | TYPE | SIZE | ENTRY PRICE | STOP LOSS | TAKE PROFIT | OPEN P/L | STATUS |
99712374 | AUDUSD | Sell | 0.03 | 0.62195 | 0.6219 | N/A | 37.68 | Open |
99750799 | USDJPY | Sell | 0.02 | 155.25 | 156.71 | N/A | -6.01 | Open |
100018620 | GBPUSD | Sell | 0.01 | 1.22829 | 1.24711 | N/A | 2.38 | Open |
PIPNEST TRADE DAILY
Official Trade Journal
Monday, February 3, 2025
Monday, February 3, 2025
Market Seeks Direction Amidst Whispers of Change
The Forex market is a puzzle today – a mix of whispers and shouts, hinting at potential shifts but revealing nothing concrete. We're seeing a classic tug-of-war: bullish signals clashing with bearish warnings, creating a murky landscape that demands careful navigation.Economic data this week adds another layer of complexity. ISM Manufacturing, JOLTS Job Openings – these are wild cards that could dramatically reshape the market narrative. Volatility is on the horizon, and caution is our watchword.
The PIPNEST Strategy is our anchor in this storm. It reminds us that discipline and patience are paramount. We're not chasing fleeting gains; we're building long-term wealth through calculated moves and strategic risk management.
Our approach is simple: dissect, analyze, strategize. We'll examine each currency pair, separating fact from fiction. We'll identify opportunities, but always with a keen eye on risk. This isn't gambling; it's informed trading, guided by the principles of the PIPNEST Strategy.
The game is on, and we're playing to win. Let's dive in and uncover the hidden truths the market holds.
| 111 | ||||
Open Trades Overview
[TABLE width="100%"][TR]
[th]
TRADE#
[/th][th]
PAIR
[/th][th]
TYPE
[/th][th]
ENTRY PRICE
[/th][th]
STOP LOSS
[/th][th]
OPEN P/L
[/th][th]
STATUS
[/th][/TR]
[TR]
[td]
1
[/td][td]
AUDUSD
[/td][td]
Sell
[/td][td]
0.62195
[/td][td]
0.62190
[/td][td]
17.04
[/td][td]
Open
[/td][/TR]
[TR]
[td]
2
[/td][td]
USDJPY
[/td][td]
Sell
[/td][td]
155.25
[/td][td]
156.71
[/td][td]
-4.53
[/td][td]
Open
[/td][/TR]
[TR]
[td]
3
[/td][td]
GBPUSD
[/td][td]
Sell
[/td][td]
1.22829
[/td][td]
1.24711
[/td][td]
-1.9
[/td][td]
Open
[/td][/TR]
[/TABLE]
A quick glance at our open positions. Remember, vigilance is key! Monitor those Stop Loss levels, and adjust as needed to stay ahead of the game.
The AUDJPY Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 52.20
• ADX: 23.45
• Overall Status: Trend Sideways
[TABLE width="100%"]
[TR]
[th]
DATE
[/th][th]
OPEN
[/th][th]
HIGH
[/th][th]
LOW
[/th][th]
CLOSE
[/th][th]
RSI
[/th][th]
ADX
[/th][/TR]
[TR]
[td]
2025.02.03
[/td][td]
95.311
[/td][td]
98.103
[/td][td]
93.132
[/td][td]
95.319
[/td][td]
52.20
[/td][td]
23.45
[/td][/TR]
[/TABLE]
AUDJPY is a tricky beast today, sending mixed signals like a cunning spy. The TwinMA is crossed down, suggesting a bearish lean. But hold on! The RSI is hovering around 52.20, hinting at a potential bullish comeback. And then we have the ADX at 23.45 – not strong enough to confirm either side. It's a classic standoff.
The pair opened at 95.311, surged to 98.103, dipped to 93.132, and closed at 95.319. Quite the rollercoaster ride! This volatility tells us one thing: caution is key.
So, what's the play? We wait. We observe. We don't jump into the fray until we see a clear break – either above 98.103 or below 93.132. Until then, we stick to the PIPNEST Strategy: calculated moves, not wild guesses.
The AUDUSD Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 47.80
• ADX: 22.10
• Overall Status: Trend Sideways
[TABLE width="100%"]
[TR]
[th]
DATE
[/th][th]
OPEN
[/th][th]
HIGH
[/th][th]
LOW
[/th][th]
CLOSE
[/th][th]
RSI
[/th][th]
ADX
[/th][/TR]
[TR]
[td]
2025.02.03
[/td][td]
0.62070
[/td][td]
0.62380
[/td][td]
0.61850
[/td][td]
0.62150
[/td][td]
47.80
[/td][td]
22.10
[/td][/TR]
[/TABLE]
AUDUSD is currently caught in a tug-of-war, neither bullish nor bearish enough to make a decisive move. The TwinMA is crossed down, suggesting a slight bearish inclination. However, the RSI at 47.80 and the weak ADX at 22.10 indicate a lack of strong momentum. It's a classic case of market indecision.
The pair opened at 0.62070, climbed to 0.62380, dipped to 0.61850, and closed at 0.62150. A narrow range, reflecting the uncertainty in the air. Traders are holding their breath, waiting for a clear signal.
What's the PIPNEST play here? Patience. We don't force trades in choppy waters. We wait for a decisive break – either above 0.62380 or below 0.61850. Until then, we stick to the PIPNEST Strategy: calculated risks, not reckless gambles.
The EURGBP Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 45.80
• ADX: 20.80
• Overall Status: Trend Bearish
[TABLE width="100%"]
[TR]
[th]
DATE
[/th][th]
OPEN
[/th][th]
HIGH
[/th][th]
LOW
[/th][th]
CLOSE
[/th][th]
RSI
[/th][th]
ADX
[/th][/TR]
[TR]
[td]
2025.02.03
[/td][td]
0.83880
[/td][td]
0.84000
[/td][td]
0.83590
[/td][td]
0.83650
[/td][td]
45.80
[/td][td]
20.80
[/td][/TR]
[/TABLE]
EURGBP is painting a bearish picture, like a secret agent on a stealth mission. The TwinMA is crossed down, and both the RSI (45.80) and ADX (20.80) are hinting at a downward trajectory. However, the ADX is not screaming a strong downtrend just yet.
The pair opened at 0.83880, briefly touched 0.84000, then retreated to 0.83590 before closing at 0.83650. This downward drift confirms the bearish sentiment.
What's the PIPNEST play? Keep a close eye on this pair. A decisive break below 0.83590 could be the signal to jump on the bearish bandwagon. But remember, patience is a virtue. We wait for confirmation before making our move.
The GBPAUD Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Up
• RSI: 54.60
• ADX: 24.15
• Overall Status: Trend Bullish
[TABLE width="100%"]
[TR]
[th]
DATE
[/th][th]
OPEN
[/th][th]
HIGH
[/th][th]
LOW
[/th][th]
CLOSE
[/th][th]
RSI
[/th][th]
ADX
[/th][/TR]
[TR]
[td]
2025.02.03
[/td][td]
1.92986
[/td][td]
1.93337
[/td][td]
1.92687
[/td][td]
1.93057
[/td][td]
54.60
[/td][td]
24.15
[/td][/TR]
[/TABLE]
GBPAUD is showing its bullish colors, marching forward like a confident soldier. The TwinMA is crossed up, and the RSI (54.60) is comfortably above 50, signaling upward momentum. The ADX at 24.15, while not explosive, adds to the bullish picture.
The pair opened at 1.92986, reached a high of 1.93337, dipped to 1.92687, and closed at 1.93057. This steady upward climb confirms the bullish sentiment.
What's the PIPNEST play? This pair is one to watch for potential buy opportunities. A decisive break above 1.93337 could signal a further advance. However, remember the PIPNEST mantra: patience, discipline, and calculated risks. We wait for confirmation before deploying our capital.
The GBPUSD Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 45.30
• ADX: 18.40
• Overall Status: Trend Bearish
[TABLE width="100%"]
[TR]
[th]
DATE
[/th][th]
OPEN
[/th][th]
HIGH
[/th][th]
LOW
[/th][th]
CLOSE
[/th][th]
RSI
[/th][th]
ADX
[/th][/TR]
[TR]
[td]
2025.02.03
[/td][td]
1.21589
[/td][td]
1.22190
[/td][td]
1.21500
[/td][td]
1.21650
[/td][td]
45.30
[/td][td]
18.40
[/td][/TR]
[/TABLE]
GBPUSD is currently under bearish pressure, showing signs of weakness like a wilting flower. The TwinMA is crossed down, and the RSI at 45.30 reinforces the bearish sentiment. However, the ADX at 18.40 suggests the downtrend isn't particularly strong at the moment.
The pair opened at 1.21589, rose to 1.22190, then fell to 1.21500 before closing at 1.21650. This movement indicates a struggle for direction, but the overall bias remains bearish.
What's the PIPNEST play? We remain cautious with this pair. A decisive break below 1.21500 could open up shorting opportunities. But as always, patience is key. We wait for clear signals and confirmation before making our move, adhering to the principles of the PIPNEST Strategy.
The USDJPY Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 55.30
• ADX: 27.11
• Overall Status: Trend Sideways
[TABLE width="100%"]
[TR]
[th]
DATE
[/th][th]
OPEN
[/th][th]
HIGH
[/th][th]
LOW
[/th][th]
CLOSE
[/th][th]
RSI
[/th][th]
ADX
[/th][/TR]
[TR]
[td]
2025.02.03
[/td][td]
154.779
[/td][td]
154.835
[/td][td]
154.779
[/td][td]
154.835
[/td][td]
55.30
[/td][td]
27.11
[/td][/TR]
[/TABLE]
USDJPY is currently navigating a sideways trend, much like a ship caught in a calm sea. The TwinMA is crossed down, but the RSI at 55.30 and the ADX at 27.11 don't provide a clear directional signal. It's a picture of market indecision.
The pair opened at 154.779, nudged up to 154.835, dipped slightly to 154.779, and closed at 154.835. This narrow range reflects the lack of strong momentum.
What's the PIPNEST strategy here? We exercise caution and patience. We don't jump into trades without a clear signal. A decisive break above or below the recent range will dictate our next move. Until then, we remain on the sidelines, adhering to the PIPNEST Strategy: calculated moves, not impulsive decisions.
You're welcome.
Thanks for the info.
PIPNEST TRADE DAILYOfficial Trade Journal
Monday, February 3, 2025
Market Seeks Direction Amidst Whispers of Change
The Forex market is a puzzle today – a mix of whispers and shouts, hinting at potential shifts but revealing nothing concrete. We're seeing a classic tug-of-war: bullish signals clashing with bearish warnings, creating a murky landscape that demands careful navigation.
Economic data this week adds another layer of complexity. ISM Manufacturing, JOLTS Job Openings – these are wild cards that could dramatically reshape the market narrative. Volatility is on the horizon, and caution is our watchword.
The PIPNEST Strategy is our anchor in this storm. It reminds us that discipline and patience are paramount. We're not chasing fleeting gains; we're building long-term wealth through calculated moves and strategic risk management.
Our approach is simple: dissect, analyze, strategize. We'll examine each currency pair, separating fact from fiction. We'll identify opportunities, but always with a keen eye on risk. This isn't gambling; it's informed trading, guided by the principles of the PIPNEST Strategy.
The game is on, and we're playing to win. Let's dive in and uncover the hidden truths the market holds.
111 Open Trades Overview
[TABLE width="100%"]
[TR]
[th]
TRADE#[/th]
[th]
PAIR[/th]
[th]
TYPE[/th]
[th]
ENTRY PRICE[/th]
[th]
STOP LOSS[/th]
[th]
OPEN P/L[/th]
[th]
STATUS[/th]
[/TR]
[TR]
[td]
1[/td]
[td]
AUDUSD[/td]
[td]
Sell[/td]
[td]
0.62195[/td]
[td]
0.62190[/td]
[td]
17.04[/td]
[td]
Open[/td]
[/TR]
[TR]
[td]
2[/td]
[td]
USDJPY[/td]
[td]
Sell[/td]
[td]
155.25[/td]
[td]
156.71[/td]
[td]
-4.53[/td]
[td]
Open[/td]
[/TR]
[TR]
[td]
3[/td]
[td]
GBPUSD[/td]
[td]
Sell[/td]
[td]
1.22829[/td]
[td]
1.24711[/td]
[td]
-1.9[/td]
[td]
Open[/td]
[/TR]
[/TABLE]
A quick glance at our open positions. Remember, vigilance is key! Monitor those Stop Loss levels, and adjust as needed to stay ahead of the game.
The AUDJPY Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 52.20
• ADX: 23.45
• Overall Status: Trend Sideways
[TABLE width="100%"]
[TR]
[th]
DATE[/th]
[th]
OPEN[/th]
[th]
HIGH[/th]
[th]
LOW[/th]
[th]
CLOSE[/th]
[th]
RSI[/th]
[th]
ADX[/th]
[/TR]
[TR]
[td]
2025.02.03[/td]
[td]
95.311[/td]
[td]
98.103[/td]
[td]
93.132[/td]
[td]
95.319[/td]
[td]
52.20[/td]
[td]
23.45[/td]
[/TR]
[/TABLE]
AUDJPY is a tricky beast today, sending mixed signals like a cunning spy. The TwinMA is crossed down, suggesting a bearish lean. But hold on! The RSI is hovering around 52.20, hinting at a potential bullish comeback. And then we have the ADX at 23.45 – not strong enough to confirm either side. It's a classic standoff.
The pair opened at 95.311, surged to 98.103, dipped to 93.132, and closed at 95.319. Quite the rollercoaster ride! This volatility tells us one thing: caution is key.
So, what's the play? We wait. We observe. We don't jump into the fray until we see a clear break – either above 98.103 or below 93.132. Until then, we stick to the PIPNEST Strategy: calculated moves, not wild guesses.
The AUDUSD Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 47.80
• ADX: 22.10
• Overall Status: Trend Sideways
[TABLE width="100%"]
[TR]
[th]
DATE[/th]
[th]
OPEN[/th]
[th]
HIGH[/th]
[th]
LOW[/th]
[th]
CLOSE[/th]
[th]
RSI[/th]
[th]
ADX[/th]
[/TR]
[TR]
[td]
2025.02.03[/td]
[td]
0.62070[/td]
[td]
0.62380[/td]
[td]
0.61850[/td]
[td]
0.62150[/td]
[td]
47.80[/td]
[td]
22.10[/td]
[/TR]
[/TABLE]
AUDUSD is currently caught in a tug-of-war, neither bullish nor bearish enough to make a decisive move. The TwinMA is crossed down, suggesting a slight bearish inclination. However, the RSI at 47.80 and the weak ADX at 22.10 indicate a lack of strong momentum. It's a classic case of market indecision.
The pair opened at 0.62070, climbed to 0.62380, dipped to 0.61850, and closed at 0.62150. A narrow range, reflecting the uncertainty in the air. Traders are holding their breath, waiting for a clear signal.
What's the PIPNEST play here? Patience. We don't force trades in choppy waters. We wait for a decisive break – either above 0.62380 or below 0.61850. Until then, we stick to the PIPNEST Strategy: calculated risks, not reckless gambles.
The EURGBP Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 45.80
• ADX: 20.80
• Overall Status: Trend Bearish
[TABLE width="100%"]
[TR]
[th]
DATE[/th]
[th]
OPEN[/th]
[th]
HIGH[/th]
[th]
LOW[/th]
[th]
CLOSE[/th]
[th]
RSI[/th]
[th]
ADX[/th]
[/TR]
[TR]
[td]
2025.02.03[/td]
[td]
0.83880[/td]
[td]
0.84000[/td]
[td]
0.83590[/td]
[td]
0.83650[/td]
[td]
45.80[/td]
[td]
20.80[/td]
[/TR]
[/TABLE]
EURGBP is painting a bearish picture, like a secret agent on a stealth mission. The TwinMA is crossed down, and both the RSI (45.80) and ADX (20.80) are hinting at a downward trajectory. However, the ADX is not screaming a strong downtrend just yet.
The pair opened at 0.83880, briefly touched 0.84000, then retreated to 0.83590 before closing at 0.83650. This downward drift confirms the bearish sentiment.
What's the PIPNEST play? Keep a close eye on this pair. A decisive break below 0.83590 could be the signal to jump on the bearish bandwagon. But remember, patience is a virtue. We wait for confirmation before making our move.
The GBPAUD Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Up
• RSI: 54.60
• ADX: 24.15
• Overall Status: Trend Bullish
[TABLE width="100%"]
[TR]
[th]
DATE[/th]
[th]
OPEN[/th]
[th]
HIGH[/th]
[th]
LOW[/th]
[th]
CLOSE[/th]
[th]
RSI[/th]
[th]
ADX[/th]
[/TR]
[TR]
[td]
2025.02.03[/td]
[td]
1.92986[/td]
[td]
1.93337[/td]
[td]
1.92687[/td]
[td]
1.93057[/td]
[td]
54.60[/td]
[td]
24.15[/td]
[/TR]
[/TABLE]
GBPAUD is showing its bullish colors, marching forward like a confident soldier. The TwinMA is crossed up, and the RSI (54.60) is comfortably above 50, signaling upward momentum. The ADX at 24.15, while not explosive, adds to the bullish picture.
The pair opened at 1.92986, reached a high of 1.93337, dipped to 1.92687, and closed at 1.93057. This steady upward climb confirms the bullish sentiment.
What's the PIPNEST play? This pair is one to watch for potential buy opportunities. A decisive break above 1.93337 could signal a further advance. However, remember the PIPNEST mantra: patience, discipline, and calculated risks. We wait for confirmation before deploying our capital.
The GBPUSD Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 45.30
• ADX: 18.40
• Overall Status: Trend Bearish
[TABLE width="100%"]
[TR]
[th]
DATE[/th]
[th]
OPEN[/th]
[th]
HIGH[/th]
[th]
LOW[/th]
[th]
CLOSE[/th]
[th]
RSI[/th]
[th]
ADX[/th]
[/TR]
[TR]
[td]
2025.02.03[/td]
[td]
1.21589[/td]
[td]
1.22190[/td]
[td]
1.21500[/td]
[td]
1.21650[/td]
[td]
45.30[/td]
[td]
18.40[/td]
[/TR]
[/TABLE]
GBPUSD is currently under bearish pressure, showing signs of weakness like a wilting flower. The TwinMA is crossed down, and the RSI at 45.30 reinforces the bearish sentiment. However, the ADX at 18.40 suggests the downtrend isn't particularly strong at the moment.
The pair opened at 1.21589, rose to 1.22190, then fell to 1.21500 before closing at 1.21650. This movement indicates a struggle for direction, but the overall bias remains bearish.
What's the PIPNEST play? We remain cautious with this pair. A decisive break below 1.21500 could open up shorting opportunities. But as always, patience is key. We wait for clear signals and confirmation before making our move, adhering to the principles of the PIPNEST Strategy.
The USDJPY Report
Click to view full-size chart
Trend Status:
• TwinMA: Crossed-Down
• RSI: 55.30
• ADX: 27.11
• Overall Status: Trend Sideways
[TABLE width="100%"]
[TR]
[th]
DATE[/th]
[th]
OPEN[/th]
[th]
HIGH[/th]
[th]
LOW[/th]
[th]
CLOSE[/th]
[th]
RSI[/th]
[th]
ADX[/th]
[/TR]
[TR]
[td]
2025.02.03[/td]
[td]
154.779[/td]
[td]
154.835[/td]
[td]
154.779[/td]
[td]
154.835[/td]
[td]
55.30[/td]
[td]
27.11[/td]
[/TR]
[/TABLE]
USDJPY is currently navigating a sideways trend, much like a ship caught in a calm sea. The TwinMA is crossed down, but the RSI at 55.30 and the ADX at 27.11 don't provide a clear directional signal. It's a picture of market indecision.
The pair opened at 154.779, nudged up to 154.835, dipped slightly to 154.779, and closed at 154.835. This narrow range reflects the lack of strong momentum.
What's the PIPNEST strategy here? We exercise caution and patience. We don't jump into trades without a clear signal. A decisive break above or below the recent range will dictate our next move. Until then, we remain on the sidelines, adhering to the PIPNEST Strategy: calculated moves, not impulsive decisions.
The Nest Egg Mindset emphasizes long-term growth over short-term gains, which is crucial for sustainable trading success. By focusing on disciplined risk management and consistent returns, you're essentially building your financial independence. Understanding financial strategies can be complex, but DoMyPaper can help structure in-depth analyses and reports on investment principles. If you ever need assistance in crafting well-researched financial content, domypaper.com is a great resource. Shifting from spending your account balance to treating it as a valuable investment ensures steady growth and a secure financial future.
You're welcome.
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