 Hey, what's going on guys, it's Mark and I thought I'd just give you a quick update if you've seen a couple of my previous videos You know, I've been kind of moving into a bit more forex trading in fact I've actually got a book. Where is it? Here it is. Look, I'll show you. I'll show you wait better me one second Ta-da, I've been I've been reading that a little bit But I just thought I would share with you My kind of forex trades over the past couple of weeks as I've been getting into it So as you can see they've been doing okay with the USD JP Y How many trades do we have so You know, we've got a fair few trades. It looks like it's always been sell You know sale-based trades it would be let me just show you why What pattern I like to see on that? So you can see it's been sent off again All right, cool. So You can see here with what I've already joined him But you can see that it's got this massive resistance around this kind of one 119978 And that's basically what I've been selling off of every time every time it hits this I set a price alert and then it hits it and I hold it until it sells off hits it hold it until it sells off I haven't had any kind of massive success where you can see that it's hit it here And then it's pushed back and it's pushed up here and it's sold off I've not had any kind of massive sell-off. It's literally just been kind of trading like that percent here and You know making a few bucks off of each one Overall the reason that I don't like to hold the sell positions with this is if you have a look It's got kind of this if it's got this like uptrending pattern, right? So you see it's higher high lower high and Higher low sorry and that's pushing up The only thing is that the only thing that makes me feel like it might set off a bit more aggressively It's just how long it's been consolidating along here And then if we have a look at that hourly you see it's been consolidating along this price point for a very long time So I'm just kind of waiting for it to give me some direction before I really get back into that one So yeah, I'm trying to keep this brief though for each one. So let's have a look. Oh, you can see I've got a couple open now US dollar NZD USD and DPP USD Let's go back into my history Right. Oh, so NZD USD you can see I've got a couple of positions that have hit my stop-loss in here But overall just about my scene of our teeth I do have a position open on it right now and which is you know I've got a little bit too keen with the buy but let's have a look so And the reason I bought in as you can see you've got this and support line that is hit pretty consistently so one two three hovered around it there for Four times that are kind of sixty seven one seven And so I've obviously bought in here. It's continued to push down. It's not uncommon for it to kind of push down to this 66666666 level Which is why I'm not awfully wise you can see it's hit here and then it's pushed up again I would like to see obviously we'd like to see it to kind of continue to push this way if it Continues to tread down that we might have to think about kind of losses on this one Unlike stocks or when I trade stocks, obviously providing it's you know a good company. I'm quite happy to As long as the pattern doesn't go outrageously kind of out of tune quite happy to hold onto it and see how it plays out And with for its there's no real obligation for the you know for it to continue to push up Still learn about fundamentals and so on so maybe my opinions on that will change But you can see over the long term right if we look at the one day chart a massive amount of the time It's spent above this level here. So and if you look at one week Yeah, massive amount of time it spent above this level even though it's kind of trending down over the long term But yeah, I'm quite happy to hold on to this the SMA line makes me a bit nervous as well It's pointing down, but the MacD looks good the RSI looks good right MacD curving in RSI curving up So yeah, that's it. So we've got about you know, just under 10% of our account in here probably about 7% of our account Quite happy to see how this plays out And I'll keep you guys updated on that one ad USD Again, this is had you know, how does stop loss here in here? But for the most part looks like we're barely up And I've just been you know, just Using this kind of similar patterns. So this pattern here on the ad USD look how consistent this is right between and 7074 71 79 and then from here it's broken out and look at this pattern It's like incredible and the thing is I was thinking about selling off, but I just I'm a bit more hesitant with Forex So let's have a look so you see it pushes up it sells off massively it has this massive push up Consolidates sells off massive push up Consolidates a little bit sells off and then so it's got this sell off. It's consolidating here. I Was debating on whether to kind of buy in here But the overall kind of just price point just isn't It doesn't make me feel comfortable kind of based on this pattern here The fact that it's you know and and this is the thing you don't have to trade anything But I'm gonna see how this plays out and just keep a close eye on it Just because you can see this ascending pattern that look at the EMA you see how it's you know pushing up High-low pushing up high-low pushing up and then it's kind of circular. So we'll see we'll see we'll see But I just wanted to share that as well What else have we got in here? This is probably our most successful one right? How much have we made? $3 11 33 How much are we invested that and we've invested the least in this off? To you but again, we've got another position in so this is kind of a combination of buyers and sales and Broke even we oh, no, we said we broke even and that's it So this one I've currently got a buy on can you see How every time it hits is kind of one two nine eight two it pushes up Pull back one two nine two pushes up Pushes up the only thing that that makes me a bit nervous. I might want to get out of this kind of ASAP is can you see how Every time it's hitting it the high that it pushes to his lower. All right, you see that so We used to just draw a line in for the sake of it All right, if we just did that not did it not let me do it. Oh, there we go What's it doing? Oh, okay, so Excuse me I'm sure you guys can see it, but now I just want to do our principal So can you see that oh? See how that the highs are getting lower so Even that pushes off here It could kind of continue to rally down and it has really down before and it spent a lot of the time below that price point So might look to get out of this sharpish kind of when the market opens back up But we'll see how it plays out. In fact, let's just have a look at the It's kind of interesting how it holds there Okay, cool something to think about so I might want to close that position when the market opens again on Tuesday Or would it be up with folks open on Monday, I'll have a look I'll find out Okay, USD CAD you're actually down on USD CD we're down on what we're doing here a lot of buying Let's have a look why we've been buying this I'll be interested to take a look so you can see it quite consistently. This is one three two seven Where have I been buying it? What was I thinking? Me look at the price point now. I was buying it. Sorry about this guys I don't know if you find this interesting or not, but it's good for me to you know, just kind of recap and See what I was doing so opening up What was the biggest loss and we'll see what I opened that and what the fucking What the thought process was it a one three two eight four? Let's have a look So I bought there That'll make no sense. I Should have held on to that. Maybe I just pussied out That was one three two eight four and then open one three two eight four huh Interesting so That actually looks like It was maybe I set my stop loss to like two time. It must have been here Yeah, so that would have actually been a goodbye, but I was a bit too bit too sensitive with the yeah That's okay. So my decision-making looks looks okay to me. It's just a bit too scared Which is why I went pear shaped, but yeah, you see this one three two Oh, that's been such a good buy. Why was I so scared? Anyway, so yeah, so you can see I might even sell this position because you can see it's got this resistance here that it's bounced up to and You know support resistance Matty is kind of not really given us indication RSI is pointing down. So that's that Yes, you see the adg I'll try and speed these up right this is all green so on this You can see this has kind of got this resistance level right around here. Let's have a look Look at that resistance right there a lot of these Forex trades have these nice horizontal patterns that you can kind of identify Look at that and it's been trading that way for a little while now kind of for the whole year It's been true in between there. So hopefully we'll see this kind of pull back down This might catch this SMAs of support you can see it's been catching the SMAs of support there But won't want to trade this until you can kind of see some pattern forming there And you're a USD we've only got the one you're a USD so look oh Right, okay, because again, this is like look at this descending pattern. So even though it's got this support Even though it's got that support Kind of one one eight five look at that kind of pattern where it's just descending so aggressively the highs are always lower So really you don't want to buy into something like this I don't want to sell off at this point just because you know, I just don't like trading patterns like that I like nice horizontal consistent patterns and all uptrending patterns But you can see it's been growing that way for a little while But this is like, you know rally up and it's pushing down this all over place. So We'll just see how this one plays out For the time being but anyway, I don't know how constructive that was for you guys I hope that it was helpful kind of so you can just see my thought process As I'm kind of starting to trade Forex you can see that commodities I'm piss poor at that gas gold and oil All in red so we won't be doing that any well I'll be be trying that Playing with that, but you know not dedicated a lot of my account to it. Um, but yes, that's the forex I hope that was helpful If you have any kind of constructive criticism or how you like to trade them then I would be all ears as I say I'm still kind of learning at the moment and Yeah If you enjoyed the video make sure you give it a thumbs up If you you know want to see more let us make sure you subscribe Any comments or anything like that eToro or YouTube I'll get back to everyone on those if you want to have a conversation with me You can always message me on my Instagram at Mark Freeman official as well So thanks for watching guys and I will catch you next time