Hi, in Wednesdays blog post and Trade Plan video in the members area I explained why I was looking to long the Euro/Yen & the Cad from my analysis. As ever I used a top down approach. Checking the weekly & daily charts before entering trades using the FMP Fotis 1 hour trigger system.

Net results of these two, pre-planned trades? 150 pips! Job done for the week 🙂

Watch the very short video to show you the thought process, why I waited for London to open 20 minutes later before taking the trades and how I decided on profit take areas.

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New members please note: If I am looking to take a trade long, at 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. We are NOT a “tipping service” our aim is to teach you how to trade for yourself.

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Marc Walton

Trade Plan