Hi, please find below this weeks analysis for the week ahead. I have recommended to subscribers of my forex mentoring service that they avoid my M1 london break out method until the fake outs stop and also to take extreme caution when trading the LMT 4 hour signals. We have had some very good daily signals in the last few weeks, but the 4 hour have been difficult to trade. What I do is make sure that there is no major support or resistance/double tops/psychologicaql levels etc that could get in the way of the trade. Whilst markets are moving sideways you have to use dicretion. If you simply take every trade you will blow your account.
We have had great success with “bounce trades” this year when the markets have been ranging, I am looking for those again this week. If you would like to receive detailed written analysis to go with the weekly & daily video updates that I produce (including 40+ video tutorials in the members section) consider joining my ridiculously low cost forex mentoring service before we raise the price to more realistic levels (currently less than a cheap cup of coffee a day – but there is nothing cheap about the service
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Regards, marc
P.s most of my analysis is based on daily charts unless I say otherwise.
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