Last week I made four predictions.
I predicted USDJPY would trade higher, with Gold Platinum and AUDNZD trading lower.
3 out of 4 came true.
But instead of tooting my own horn, I’m here to tell you this…
This is just a Prediction about USDJPY And AUDNZD, I could be wrong.
The fact that I could be wrong made me have a Stoploss in place, and to risk a fraction of my trading capital.
So in this week’s market analysis, I walk you through how I’m going to manage these trades and share with you 2 more trading setups for the week.
My Prediction about USDJPY:
I hope you’ve enjoyed this week’s market analysis. As always, comments are welcomed and encouraged. Cheers!
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Good confidence booster there Rayner, Thanks.
Glad to hear that James! 🙂
Rayner what broker do you use? or recommend for forex, commodities and indicies?
I don’t wish to promote any broker in a public domain. If you want to know the broker I use, feel free to drop me an email.
What are your views on:
1. Trading on 1h or 15m chart
2. Using volume as indicator
1. You definitely need more screen time to trade the lower time frames. This would depend on how much time you have available and your goals in trading.
2. I don’t use volume as an indicator.
Thank you Rayner.
You’re welcome Shlomi 🙂