Trying out new Types of Top-Down Analysis specifically for UJ. After analyzing my historical Forecasts, UJ was the Pair with the lowest Hit Rate. In other Words: Smart Money also fails to meet its Expectations, so I no longer rely on its Data, but continue to use it for Backtesting Purposes. This Pair has been moved against the Odds since the start of the Ukraine War.
So here we use Volume Nodes for S&R Zones and Golden Ratios and Pivots as Retracement Areas.
EMA 20/50/100/200 provide the Trend and Pullbacks. For lower TFs i use Footprints and Future Contracts Data.
UJ hit Highs from the Year 1998 @ 160.000 - Many Stops above that - 2.1bn @ 154.000 - 1.1bn @ 155.600.
So here we use Volume Nodes for S&R Zones and Golden Ratios and Pivots as Retracement Areas.
EMA 20/50/100/200 provide the Trend and Pullbacks. For lower TFs i use Footprints and Future Contracts Data.
UJ hit Highs from the Year 1998 @ 160.000 - Many Stops above that - 2.1bn @ 154.000 - 1.1bn @ 155.600.