Hi Everyone,

In today’s webinar Thinus went through the M2 setups and the other usual charts to give us a direction of the trend and potential setups.

If you were in the webinar, you would have discovered that I had a power cut out and my internet went off. My internet doesn’t usually go off as I have backed it up on our inverter so even if the lights go off it stays on. Perks of having a battery backup 🙂 My desktop is backed up by a UPS as well which is another battery to protect my PC from such sudden power cut-outs. So I do get an extra hour to back up my files just in case.

As Thinus mentioned in the webinar, next week is a crucial week and would probably decide which side the pairs head for the rest of 2022. You have the US CPI, FOMC statement, and also GBP and EUR releasing their rate statements in the same week. That’s a pretty tough week I must say and I would probably look to stay away from the charts and just sit back. It would probably be my last week of trading for this year as well as I have my wedding preparations.

Also in terms of trading, I would expect very less liquidity in the last two weeks of December. So you either get a lot of consolidation or sudden big moves. Also, banks and hedge funds would be looking to take their profits for the year so be ready to have some unexpected moves.

I would rather use this time to reflect on how you did this year and what things you could do to improve next year. Read some books and spend some quality time with your family.

As always, remember correlation! -Especially when taking more than one JPY trade!

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

You can view the whole webinar below:

Kind regards,