This trading week was incredibly choppy. My higher timeframe (4H) failed to pick a clear direction and the middle timeframes ended up consolidating and constantly changing direction. This made it really hard to catch high-probability trades or even enter into setups that tick my plan. Luckily, I have not taken any trades this week and my capital is protected. Looking forward to the next trading week, in which we hopefully commit to a direction and get some textbook trading setups.
As always, we will analyze the major Forex pairs: DXY, EUR/USD, EUR/JPY, AUD/USD, AUD/JPY, NZD/USD, NZD/JPY, USD/JPY, EUR/GBP, GBP/USD, GBP/JPY. Gold as a commodity. Indices – US30, NAS100, S&P500 and finally some cryptocurrencies – Bitcoin and Ethereum.
Gold (XAU/USD) 38:46
Indices (US30, NAS100, SPX500) 41:15
If you need any help or you want me to analyze another currency pair, create a specific video on a trading or investing topic or anything else, please make sure to hit me a message or leave a comment! I really hope you will enjoy the content and implement some of the trading tips I mention!
I wish you a fantastic trading week full of profits and high-quality trades! Stick to your trading plan and be disciplined!
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This video expresses my personal opinion only. Trading the financial markets involves risk and is not suitable for all investors. Before deciding to invest in foreign exchange or another financial market, you should carefully consider your investment objectives, level of experience and risk appetite. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to place are your own.
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