Trading Plan – Monday 20th September 2021: Central Banks in the spotlight

Mark NugentSept 2021, Trading Plan

Trading Plan – Monday 20th September 2021: Central Banks in the spotlight

Good morning traders.

Last week felt like hard work. Three trades placed (WTI long, S&P500 long and AUDJPY short). All closed at breakeven. Brief videos of each are available in the member’s area.

This week sees some real action. We have the interest rate decision and commentary from the Fed on Wednesday and from the Bank of England on Thursday.

The Bank of Japan does its rate and statement thing on Wednesday, squeezed between holidays on the Monday and Thursday, so I doubt anyone will be paying as lot of attention.

Risk sentiment is sour as the week begins. The S&P is down around 4 percent from recent highs. The JPY is rising, and the AUD is falling as the sentiment would suggest.

In the video I go through my trading ideas for the week.

VIP Club members can see today’s video, all brief trading videos, the Monthly and YTD Performance videos, the Trading Video Course and download the MTM Indicators software HERE