The waiting game

by Ashley DeSousa | May 16, 2022 | Forex Articles

Waiting

Hi members,

we have a lot of set ups that we have shared this week, however we need big pullbacks.
The fear in the market is clearly seen and there is big momentum on the majors pushing them back down.

BEARS in control at the moment.

Economic releases:

There hasn’t been much this week, apart from the CPI figures yesterday for USD which came out better than expected (although higher inflation is not good for the economy)

q/q for GBP GDP came out slightly worse than expected. The consumer spending is also gone down in the UK which was shared in a report by Barclays credit spending.
People are more hesitant now to spend as cost of living has gone up, so expect the next retail sales for the GBP to be not so good.

Consumer spending down

Trades:

Im currently in the EURGBP which I entered last night at 0.86 which has been a major level and we have been waiting for it for weeks.

On the YEN pairs im seeing big pullbacks to come soon as its dropping hard. The GBPJPY as I shared looks the most attractive one for me for the multiple reasons to take a long to the upside.

I missed out on the NZDJPY using my M2 by a few pips yesterday, and it has gone to do 270 pips so far. But lets move on.

Trading client funds

You can trade up to $2million of client funds and receive a substantial profit share (up to 35% per month- the profit share on larger accounts has now been increased to 50% for you). This way you do not need to overtrade nor over leverage. All you need is BIG potential setups planned in advance.

The goal is to make 3 to 5% per month. On a $100,000 account, 4% will now give you $2000 per month. On a million$ account, you get $20,000 a MONTH.

Here is a link to the funding program where you can also download a brochure. Please note I recommend that you only risk 0.5% per trade. Funding Brochure

Watch the video below to see my full analysis:

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