After last week’s trifecta of central bank rate statements from the BoJ, Fed, and RBNZ, I’m looking forward to a week with some decent data coming out but not much in terms of huge events. Hopefully we can start seeing some real trends taking hold. Looking at our trade tracker it doesn’t seem like there’s much going on right now:
But that’s actually quite deceiving. There are a ton of trade opportunities in the market right now, and our Patreon group has been doing quite well. Going forward I will only be publishing a weekly outlook along with a mid-week update on Wednesdays as long as I have the bandwidth for it. I’m still trying to find the right balance between my family life, my business, my personal life, and sharing as much of my trading with you all.
That said, I am constantly updating our Patreon group throughout the week. We’re even launching a model account via MyFxBook starting in October with a $20,000 model account (more on that at the end of the post). The idea is to allow our Patreon members to see our trades in real-time even if I’m not around.
But enough of that, let’s focus on what’s going on in each of our six pairs: (more…)