Live Daily Alert and Q&A Webinar: Wednesday 6th February 2019
This recording is available to all.
We stay risk on. The USD continues to rise. Two out of three of our trading themes are working.
Governor Lowe of the Reserve Bank of Australia tanks the AUD and hence the NZD by being very dovish in his press conference that, unusually, comes 24 hours after Tuesday’s rate statement.
Trading this situation is easy. I wanted to trade the strong USD. There were many weak counter currencies. I chose the best technical setup – CAD. So that’s USDCAD long. If you had chosen AUD or NZD, you would have got the additional benefit of the weak AUD and NZD after Lowe’s press conference. As it is, the USDCAD is doing nicely.
New Stuff #1 – Trading Experiment
This will get you from faffer arounderer to fledged trader in 10 minutes a day for a month. Go to 14:42 in the video for this.
The Trading Experiment spreadsheet is HERE.
New Stuff #2
New Currency Indices – go to 28:28 for this in the video.
New Stuff #3
New Dashboard – go to 30:00 for this in the video.
I will be launching the new currency index and the dashboard next week. This is free for VIP Club members.
Finally, the VIP Club special price ends at 5pm on Friday. There will be no reminders. The link to join is here – HERE
I’ll be back tomorrow.
Here is your video:
You can download the video HERE.
The updated Trading Plan is HERE.
There is an archive of all VIP Club member’s content on the VIP Club page.