Coming Back From Italy to Plenty of Set ups
I was in Dolomites, Italy for the past few days enjoying a long weekend. It was Beautiful and I shared some clips from my drone in the webinar which you will see. Defo recommend to visit. As a trader, one of the perks is that I can take holidays whenever I like and trade from anywhere. However, I didn’t take any trades while on the holiday, firstly because I didn’t watch the charts and secondly because there was hardly any movement. You need to know when to stay out; this, of course, comes with experience and watching the charts for many years.

Next destination: Goa, India, at the end of the year, Back in my hometown. So I will be in India for the start of the year. I’m excited as Trading London starts a little late in the morning.
I showed you plenty of setups on M2, Price action charts and also Earth and Sky. The moral of the story is you don’t trade everything because you are just overtrading at that point and risking too much of your overall account. It is not sustainable.
If you were stuck analysing over the weekend, I showed you how I selected a few setups from the various trade setups we had and which ones looked the best. I don’t want to put my money on something that doesn’t have multiple reasons and a low probability of winning.
Low risk, high probability is the kind of set-up you need to look out for. When there are many correlated trades, just choose the best one out of those. But make a plan in advance.
The GBPAUD and EURAUD looked very good for a reversal trade using the Head and shoulder pattern, which I have been watching closely this morning. I have also shown some other setups that look good to put a forward order and leave them for the week ahead. I wouldn’t trade Friday as it could be very volatile, as you have manufacturing and the US CPI data out, which was delayed by 2 weeks.
You can watch my analysis below:
Kind regards,
Ashley






