Hi Forex Trader,
I make my Currency Strength and Weakness suggestions every day based on where I see the market heading over the next 24 hours. With all eyes on the Pound, Use my analysis below to aid your trading and to help you keep on the right side of the market.
For The Forex Trading Coach clients, DM to get your exact entry and exit points for today’s recommended pairs.
Overall there is strength in the EUR and JPY, with minor strength in the AUD, CHF and NZD
Overall there is weakness in the USD, CAD and GBP
Trading Directions I am favouring for the next 24 hours
IMPORTANT: Just to let you know that Monday's trade analysis, when the market opens at the beginning of the new week (Sunday if you are in the US/Europe) are usually the hardest to pick and if you wanted a day off trading, that would generally be the day to choose. The reason being; I am looking at the previous week's prices and the new open prices for the week when making my analysis on a Monday and of course many things can happen between the close of the market one week and the opening of the market the next week and the market sentiment can often change. Just bear this in mind each Monday (Sunday US time)
Buy Trades – EUR/USD, NZD/USD, NZD/CAD, AUD/USD, EUR/CAD, AUD/CAD
Sell Trades – USD/JPY, USD/CHF, CAD/CHF
Disclaimer: My clients have full access to my Currency Strength Weakness trading strategy, including specific trades each day that include the exact entry, stop loss and profit targets.
Use your own trading strategy and look to take trades that setup in the same direction as my daily analysis. If you don’t have a trading strategy, just send a DM.
1 616 minutes ago
Every trade is a battle and winning battles requires preparation. Since uncertainty is the only thing that’s certain about the markets, you should learn to identify the possible scenarios and prepare contingencies for them. Having plans for every likely scenario increases your chances of closing your trades without losses. #Monday 🌞🌞🌞
Markets just opened!
As we head into this trading week, I'd like you to keep this in mind.
If you can learn from your losses, they become stepping stones to success. Every time you learn something valuable, you get closer to your goals! And if you repeat this often, you eventually will be where you want to be!
Double tap if you agree and pass this on