Weekly Review: Friday 25th May 2018

Mark NugentMay 2018, Weekly Review

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Weekly Review: Friday 25th May 2018

The week was dominated by Whitehouse-inspired rollercoaster sentiment swings. The USD continued to rise but JPY strength was apparent in the second half of the week. The EUR and GBP continued down and the Antipodean currencies were choppy. The US equity indices were flat and most others were down, giving the pullback I was looking for, albeit not yet tradeable. OPEC twice signalled an end to production caps and WTI fell. I entered GBPUSD short and WTI short. These trades are in profit and remain open as of Friday morning.

I will be taking next week off. I’ll be back on Monday 4th June.

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Weekly Review: Friday 25th May 2018

The week was dominated by Whitehouse-inspired rollercoaster sentiment swings. The USD continued to rise but JPY strength was apparent in the second half of the week. The EUR and GBP continued down and the Antipodean currencies were choppy. The US equity indices were flat and most others were down, giving the pullback I was looking for, albeit not yet tradeable. OPEC twice signalled an end to production caps and WTI fell. I entered GBPUSD short and WTI short. These trades are in profit and remain open as of Friday morning.

I will be taking next week off. I’ll be back on Monday 4th June.

Here is your Daily Alert 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.

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