Each week, I get questions from traders asking me…
When is the best time to enter a trade?
When is the best time to exit a trade?
How do I be a more disciplined trader?
How do I manage my trades?
How do I be a more consistent trader?
Now…
I’ve replied to every single question that comes into my inbox.
But I’m thinking…
Won’t it be great if I could share my answers with all of you? This means you can learn and profit from the questions of other traders. Yay!
So, I’ve created a new segment to do just that, and I’ll share more details in the next email.
Next…
I want to share with you this week’s analysis. You’ll learn:
- The best breakout setup for the week
- The 3 entry triggers I use and how to apply it to your trading
- How to read price action and tell when the buyers are exhausted, so you can better time your short entries
So, click below to watch this week’s video:
Moving on…
These are charts you want to pay attention this week and their key levels:
S&P 500 Daily:
A possible pullback towards 2230 before another move higher…
EUR/AUD Daily:
A possible breakdown in this market…
USD/TRY Daily:
A possible pullback towards 3.5500 before another move higher…
I hope you’ve enjoyed this week’s analysis.
If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!
Do you want to learn a new trading strategy that allows you to profit in bull and bear markets?
In the Ultimate Guide to Trend Following, I will teach you this powerful trading strategy step by step, along with charts and examples.
You can download it here for FREE.
As always thank you my friend…. This will help me to put my decisions in order..
thank you for replying and I appreciate your help..
As you know trading is not easy all of us are lucky to have people like you around.
Hi Alessandro,
Glad to be of help.
Don’t hesitate to let me know if you’ve got any questions, cheers.
Hi Rayner, which broker do u use?
Hi Gary,
I don’t wish to disclose in public domain, so feel free to email me on this. Cheers
Thanks for another great analysis Rayner! Appreciate your help getting ready for the trading week.
Awesome to hear that Jay. Best!
Thank You Rayner great video on helping me to learn how to trade with trend, and support, and resistance.
God Bless You
William
Hi William,
The pleasure is mine.
Don’t hesitate to let me know if you’ve got any questions, I’ll be glad to help.
In several of your tutorials and especially during the TREND TRADING BOOTCAMP which you recently hosted, and which I enjoyed very much, you talked about using ATR for Stop Loss placement Can you please interpret an ATR reading of 0.01565 on the GBP/USD pair in terms of the number of pips it represents. I mean, how many pips does value translate to?
Hi Nnachi,
That would be 156 pips. It’s the same how you read a currency pair.
Thank you very much for your wonderful teachings. I’m learning a lot.
Could you explain how to select currency pairs to trade?
Hi Oliverio,
I trade across the fx and futures market. I select the market when a setup presents itself according to my trading plan.
No setup = no trade
If you want to learn how to develop your trading plan, this post will help…
https://www.tradingwithrayner.com/profitable-trader/