Updates: Week Ending November 7, 2025

November started slow. There was a lack of US economic data releases due to the government shutdown. The release of October’s non-farm payroll numbers was planned for November 7th, but that did not happen. As a result, we did not see any choppy movements on Friday.

That being said, my trade entries and management were consistent over the past week. I did not force any trades, and the signals were strong for the trades that I did enter.

There are two trades that I want to highlight. I think I analyzed these two trades well and executed them to the best of my abilities.

EURJPY

The first trade was a long entry on the EURJPY pair. On the daily timeframe, this pair was (and still is) in a strong uptrend.

This was indicated by the fact that price hovered cleanly above the EMA20 and EMA60, and the EMA20 also cleanly held above the EMA60.

In addition, I plotted two horizontal trend lines (HTL) to indicate where I would need to pay much closer attention to price.

EURJPY

On the H1 timeframe, I noticed a counter-trend pattern where price was drifting lower. I plotted my descending trend line (DTL), which served as my decision point.

When price crossed above the DTL, this was an indication that there was confluence with the overall uptrend.

Since it’s not ideal to hold this trade through the weekend and potentially give back my gains, I exited this trade just before the end-of-week close.

NZDCAD

The other pair that I managed to capitalize on was NZDCAD. On the daily timeframe, price was trending lower. I plotted a major HTL that price crossed below with strength and held accordingly.

NZDCAD

A very similar pattern was observed on the hourly timeframe. Although price crossed and held below the daily HTL, it started drifting higher on the hourly timeframe, which led me to plotting an ascending trend line (ATL).

This ATL served as my decision-maker, where I would enter a short position once the price crossed below it. This is exactly what happened.

The price crossed below the ATL, so I entered into a short position. However, I eventually closed this trade out as the  5 p.m. EST rollover time approached.

If you’re wondering why I didn’t hold this trade, ride out the rollover, and continue riding the momentum, I had a terrible experience doing this. In my opinion, holding trades through rollover is an unnecessary risk.

It’s better to lock in that profit rather than risk getting stopped out at a loss (which is what happened to me) when the spread spikes. I previously held winning trades through rollovers, and they resulted in losing trades. That was a terrible experience for me that I’d like to avoid in the future.

Overall, I think I had solid analysis and execution for these two trades. I also exited the trades correctly as part of my exit rules, so overall I don’t think I can optimize this any further. As long as I continue with this systematic approach, it’s just a matter of sizing up.