Hi guys,
After a great start to the week the market was left in disarray, in my opinion it is dangerous trading immediately after big moves. The market become unpredictable, sometimes you see immediate reversals, sometimes the moves not over, and other time it just begins to range. Not begin sure which scenario we would see I was apprehensive about doing any weekly analysis. Now that the market has calmed down and started ranging (best case scenario) I have been able to do some analysis. I want to get this out quick so enough writing, watch the video!
NOTE: I will not really enter either of these trades as I target 100 pips per week and I have already reached my target for this week. When i say ‘I will enter’ here I am talking hypothetically. If I has not reached my 100 target yet I would definitely enter these trades!