Trading on Monday – 2018.03.12.

Trading made simple


Let’s prepare to next week. First talk about the news.

Monday will be real calm with less important news. The EU Finance Ministers Meeting can make movements, because any Minister can say something important. If it happens the EUR can move bigger what will probably move the USD and GBP.

The whole week will be real calm, so probably the technicals will dominate.

We have many mid term and long term trading options near confirmation. My first pick is AUDCAD.

We set a sell trade earlier, but I closed it before the market closure. I will set it again with a pending order after the market open, because the technicals still shows the same movement and be sure that the CAD will be stronger and stronger during the next week.

This is why we have to check NZDCAD time by time. NZD also became real strong during the last weeks, so it can be a good pair to trade with CAD.

Another pair we’ll check is the EURUSD. We earned real nice amount with EURUSD sell, but this week it probably go back to higher area, so we’ll wait and trade from the right value.

The conclusion is that we will have a calm week, what will probably help us to set easy and profitable trades. I’m sure that all investors, course members will earn nice profits next week.

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