Updates: Week Ending November 29, 2025

Volatility died down over the past week due to the US Thanksgiving holiday. While there were movements, my overall observation of the price action was choppy.

I did take a few trades, and the below are a few that I think are worth highlighting. In no particular order, let’s get started.

SGDCAD

I entered a sell trade on the SGDCAD currency pair. This surprised me a little bit because I was trying to trade a false breakout, and only targeting a take profit of 0.5x ATR.

The daily timeframe showed a lack of a clear trend. The price action was choppy, and the price did not hold above the resistance level I had drawn.

On the H1 timeframe, I plotted my ascending trend line (ATL). When the price crossed below it, I plotted a box to represent a price range.

My sell trade entry decision was based on the price crossing below the lower range boundary. I ended up manually closing this trade when the price traded above the upper range boundary.

I admit I ended up tilting when I saw the price finally resume its direction in my original prediction. This is a good lesson learned that you should always anticipate needing to try more than once for the same signal.

GBPJPY

Although I closed this trade with a small profit, I’m very happy with it. I think I analyzed and monitored this trade well.

On the daily timeframe, it was clear that price was in a strong uptrend. Although there were choppy moments, I was watching a key daily level where price was attempting to break above a prior high.

On the H1 timeframe, I plotted my descending trend line (DTL) to monitor when the counter-trend movement came to an end. I entered my buy trade when price crossed above the DTL.

It took a while for price to push higher, which tested my patience quite a bit. However, I did hold and follow my plan that was based on the DTL breakout.

After the initial wave of momentum, price formed a higher low. I plotted my rectangular range accordingly. Shortly afterward, two things happened.

Price failed to make a new higher high, which was followed by price crossing below my rectangular range. I proceeded to exit this trade by manually closing it out.

In this scenario, my exit strategy was straightforward, which was based on price weakness. However, I still have to determine a systematic way to configure my take-profit targets. Whether this means I set a take-profit target based on ATR or letting trades run and trail the stop loss, I haven’t quite figured out my desired approach.

CADJPY

Finally, the last trade I’d like to highlight occurred on the CADJPY pair. On the daily timeframe, I observed a clear uptrend structure.

On the H1 timeframe, price was in a counter-trend move, which I plotted a DTL to plan out my entry criteria. I entered into this trade when price crossed above the DTL.

Simultaneously, I plotted a demand zone (rectangular box), which helped me configure my stop loss placement. Like my GBPJPY buy trade, this one stalled a bit in the beginning.

Driven by fundamental factors, price finally took off near the end-of-week close. I manually closed this trade and locked in a small profit because it doesn’t make sense to hold this through the weekend.