Trade With Precision Newsletter - Market Commentary

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Global Equity Markets on the Rise

Toby Genaro talks through some technical insights on the S&P 500 Index. Looking at the daily chart Toby would like to see a nice bullish candle close to get long for the next move up.  Today we had rejected a support level after an early push lower so we are looking fairly bullish right now. Toby also takes a look at the Nikkei which is just having a pullback on the daily chart right now. The 18,550 level looks like a nice place for price to pullback to before we look to get long.

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

Opportunities on EUR Weakness

In this week’s free newsletter Tamar Mehr takes us through several trading opportunities on the EUR pairs and EUR related markets. Tamar goes into detail explaining the levels she is stalking and the setups she is looking for to join these trending markets.

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

Multiple Market Trends

This week Craig Cobb takes us through a number of great trending markets that he's keeping a very close eye on for the rest of the week. EURUSD has been consolidating sideways and we are starting to get a flat level forming which is looking nice for a break lower. GBPJPY has been punching up against the 184.00 level and Craig will be interested in this level if we get a convincing break above. GBPCAD has moved higher and Craig's aiming to get a pullback into the previous highs. Craig also takes a look through the Dow 30, Gold, Crude Oil, Orange Juice, Coffee and the Nikkei so be sure to check out the video below. 

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

A Look Around The Markets

Craig Cobb takes us through a roundup of the trends that he's currently stalking and offers a brief analysis on each of these markets, detailing what he's looking for to join the trends. 

Charts of Interest - Nasdaq 100, USDSGD and GBPAUD

The end of the trading week is fast approaching however there's still a bit of time left to continue looking for that next trade to come about. We thought we would take you through 3 charts which are certainly worth keeping an eye on through to the end of this week and even early next week. There's no precise trade setups on these charts quite yet but there's ceratinly potential trading opportunities developing. 

Plan the Trade and Trade the Plan

Planning ahead is so important in any facet of life. Whether you're planning an overseas trip for your family or planning out your working career, we've all had to plan ahead in life and it's essential in order to achieve our end goal. The Cricket World Cup which starts this week in New Zealand and Australia would have had many thousands of hours spent on it planning out every little detail. Clearly it's the level of planning that goes into an event such as this which makes it so successful. 

Where to Next for the Euro?

With a short pause in what seems like the relentless runaway trends in many Euro pairs and crosses, Simon Clarke takes a look at where the next decision points for these markets may be. Surprisingly many of these markets are already at some key support and resistance structures that can help identify potential near term trading opportunities.

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

Craig’s Weekly FX Watchlist

The start of another week is a great time to do a top down scan of the major markets you trade. Craig Cobb lets you look over his shoulder as he takes a look at the markets he likes the most for potential moves in the coming week. EURNZD is starting to look rather bearish with a potential flat level forming to the downside, USDJPY is looking strong if we can break above last week’s high and EURUSD is looking a little indecisive so Craig’s waiting to see if we get a strong move out of the current range. AUDJPY is looking bearish and Craig’s interested to see how the current daily candle closes. On the flipside of AUDJPY is GBPJPY which is starting to move higher and NZDUSD looks bearish if Fridays daily candle can get broken to the downside. Be sure to check out Craig’s video below if you want more detailed analysis of the charts mentioned.

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

Stalking USDSGD Long

Our job as traders is to scan the markets until we find a valid trade setup according to our strategies. We then enter the trade according to our rules and manage our risk while we are in the position. Depending on where our stop loss and profit target levels are we then exit the trade with either a profit or a loss (yes all traders have to learn to takes losses, it's just part of the business) and then repeat the process in search of the next trade. 

Tamar's Market Outlook Ahead of Nonfarm Payrolls

With Nonfarm Payroll figures out this Friday, Tamar Mehr takes a look through the forex market to see what kind of situations might play out. The Nonfarm Payroll figure shows the change in the number of employed people in the United States during the month excluding the farming industry. The figures are released on the first Friday of each month and they give an indication of the health of the economy and act as a leading indicator to consumer spending. Generally Nonfarm Payroll figures create allot of volatility in the markets so as traders we need to adjust our risk accordingly.

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