Forex Analysis
Focus On the Entries & You Are 60% There
Hi guys, when you talk with professional traders they all talk about their "edge." This refers to what makes them successful trader. My "edge" is that I am really good at picking entries often from 100's of pips away. For years here at FMP the in-joke is I am...
Winners & Losers & Possible 10 Bagger
Hi guys, it's been an eventful, but profitable week. Trade setups I covered in the live session, especially on the $Yen and AudCad worked again. I missed by a pip a pre-planned Cad long that's gone around 200 pips so far. If you are new, welcome to forex trading π I...
Live: Review Members Results, Data & Trading Ideas
Hi guys, in todays live training session I showed how I had helped James to review his performance. You NEED to do this for yourself. Either ask someone to help you or be really self-aware. I was joined by Phil who showed some of his M2 setups & Ashley for Earth...
Weekly Fundamentals
A suprise by the RBA followed by the FOMC and ECB meetings were the main talking points from a busy news week. The market seems to be at that point where it is sensitive to all data releases as people attempt to extrapolate what the releases mean for future rates -...
US CPI in focus
Hi everyone, The big news from the past week is that the FED has indicated that they will 'more than likely' pause any further rate hikes. This means that currencies, like the NZD, which had a surprise rate hike larger than expected will more than likely strengthen...
Live: Trading NFP
Hi members, In today's live webinar myself and Thinus went through all the setups for M2 and Earth and Sky. I showed Earth and Sky how you could have lost on all of them if you had taken them knowing the news was out this morning. The RBA surprised everyone by...
Big Clues for the week ahead
Hi everyone, The Big event of the month for May is here. The FED gather again this week to decide on the interest rates and monetary policy for the year ahead. There are also some fears that another bank crash could be coming. These fears were seen in the market on...
Live: FX, Stocks and Gold
Hi members, In today's live session I had the chance to answer several questions from members. From technical or Fundamentals to how long do I hold trades? Technical or Fundamental I explained in the webinar when it comes to forex I look at the technicals first. What...
Crucial data for USD
Weekly Outlook WC 24/04/2023 Is there a 'Sell in May and go away' set-up shaping up? Here is a little look back and look forward with some key points to consider for the week ahead. Last week's re-cap - the mood around the banking crisis again brightened, itβs now...
Fundamentals or technical?
Hi guys, here is my analysis for the week ahead for forex, gold, oil and Ethereum. All markets are very choppy right now but there are technical clues that we could be on for a reversal or at least pullbacks. So does technical analysis come first or do fundamentals...
Live: Set the trap
Hi members, Thinus and I reviewed the M2 and E&S setups in today's webinar. The good news we have is that there are plenty of setups forming up and could come to our entry points this week. The issue is which ones are you going to pick if they all come at once?...
How to trade Oil?
Hi everyone, Last time I looked at the characteristics of trading gold. This week I thought I'd look at Oil. Trading oil requires a deep understanding of the market, global economic trends, and geopolitical risks. Traders need to navigate the complexities of the...
What next for the $?
Let's look at some other key charts. DXY chart: Price is at a big area. I'm expecting a test and then a breakdown of price on the DXY. Energy & Metal Prices; Gold; Very close to an all time high now. Oil; Bitcoin; Big moves in the crypto market this week. Broke...
Weekly Macro Outlook
Weekly Outlook WC 10/04/2023 Global composite PMI rose to a 9 month high - this was mainly driven by services with manufacturing remaining the weaker of the two. The data showed that global PMI increased from 52.1 in February to 53.4 in March. However one of the...
Cross pairs in focus
Hi members, I saw many of you catching the AUD shorts last week and profited from it, so well done π It goes to show if you make a plan ahead for the week and stick to the rules, you will increase your chances of becoming a profitable trader. YEN Economist Kazuo Ueda...