Trading Plan – Monday 24th June 2024: Quiet week but Friday’s PCE looms

Mark NugentJune 2024, Trading Plan

Trading Plan – Monday 24th June 2024: Quiet week but Friday’s PCE looms

Good afternoon.

It is a sparse week on the economic calendar. The highlight is Friday’s US PCE which is the Fed’s chosen measure of inflation. Expectations are for a fall in both the month-by-month and year-by-year readings. There’s plenty of scope here for PCE to move the market.

As always, I go through my trading themes for the week in the video.

I will be back tomorrow with a brief video of Trade 20, USDJPY which made 2.14%. The setup was screaming “trade me” as the daily candle broke out and up through resistance before closing. I hope you got some of the action.

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