A perfect trading week so far!

Trading weeks come and go, some are better than others. But the first three days of the current week have been as near perfect as you can get and which reinforce the importance of understanding relational analysis. The markets move on sentiment and risk with the forex world at the centre as money flows from risk assets into safe haven and back again, and with the US President acting as the catalyst for volatility, perfect trading conditions have been created. Such moves are generally short lived and delivering wonderful trading opportunities both for intraday traders and longer term. For reversal traders these are truly terrific, and for trend traders, an opportunity to join once a move is underway. The key here is timing the entry and the ideal combination is using time and non time based charts such as the renko for MT5. In this morning’s session we focus on the GBP/JPY and consider the forthcoming election and the likely outcome for the British pound next week. Check out The Complete Forex Trading Program here

About Anna 2016 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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