Trading Plan – Monday 25th October 2021: All eyes on Facebook later today
Good afternoon traders.
Last week’s biggest opportunity arose on Tuesday and Wednesday as we had some solid risk-on sentiment. I traded AUDJPY and Japan225, both long. However, the trades never really got going and I managed to get out of both at breakeven as the sentiment soured on Thursday. Brief videos of both trades are available for members.
This week starts off slightly risk-on (positive sentiment). Later today, after the cash market close on Wall Street (9pm BST), I’ll be looking out for the Facebook Q3 earnings report. This is the first opportunity to see what impact Apple’s new iphone privacy constraints have had on Facebook’s ad revenue.
As always, I go through my trading themes in the member’s video.
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