Live Daily Alert and Q&A Webinar: 29th May 2019
Yuk! Gruesomely negative sentiment and no real economic news or activity to lift the gloom. Equities down all over the world. I wait for a reversal to go long.
Currencies are doing what they did last week, so I do what I did last week. I go short on GBPUSD and GBPJPY, with reduced risk on each as it’s essentially the same trade (GBP weakness).
The AUDUSD butts up against resistance and could well be readying itself for a fall after JP Morgan adds its name to those calling for many more rate cuts than the bankers are acknowledging.
Keep your chin up, always use stops, and hold out for the best setups.
Here is your video:
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The updated Trading Plan is HERE.
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