Trading Plan: Tuesday 7th May 2019

Mark NugentMay 2019, Trading Plan

Trading Plan: Tuesday 7th May 2019

Last week was calm due to holidays. The biggest event was the less-dovish-than-expected Fed which saw the USD drop and equities rise. Trends were intact in USD (up), EUR (down) and a new trend was seen (NZD, down).

So far this week, concerns on the US/China trade deal resurface with the US claiming that China is reneging on prior commitments. This caused equities to drop yesterday but they are recovering as I write.

In the video I outline what I will be looking at this week and I discuss my first ever USDTRY trade.

Have a great week and I hope to see you at tomorrow’s webinar.

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To see the video, members can login HERE.

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Here is your video:

You can download the video HERE.

The updated Trading Plan is HERE.

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