Hi members,

In today’s webinar, I went through our usual charts such as the DXY, VIX, commodities, and crypto.

The Earth and Sky pairs are not very interesting this week as the signals are mixed and don’t meet the rules. Only EURGBP meets the rules. It’s best to leave the pairs that don’t meet the rules rather than trying to force the trades.

M2 has plenty of opportunities.

In the week ahead you have the CPI news release on Thursday for the US. We could see the market make big moves just like in the past couple of months.

Best to manage your trades and not open new ones until the release. USD is paired with all the majors so any negative or positive news can affect on most pairs.

We are NOT a “tipping service” our aim is to teach you how to trade for yourself.

I do my analysis on daily and weekly charts first and make a note of the MAJOR areas of support and resistance. Then copy them onto Pierre’s Earth and sky template. Then I make a note of the weekly & monthly pivots points and add them to the charts. You will see lots of opportunities line up during the week. The important thing then is to select a bias for the next few days and do NOT take trades if the price is too near a trend line or pivot. Ideally, you want to buy when the price is near a major support and or pivot point line and has the potential to make at least 40 pips. Vice versa for a short.

New members, please note: If I am looking to take a trade long, for example, 1.5000, I place my order 10 pips above & 10 pips below for a short. This is because price often does not quite reach a major line and you need to allow for spreads.

You can view the recording of the live session below


Kind regards,