After living in England for the past 3 years, I have moved back to Perth Australia. My office at home is too noisy for audio recording so I will be renting a small office for this purpose. I still write about the trading opportunities on my blog whenever I can but Sunday videos will have to wait until my new office is setup.
On the trading side, I will begin an intraday trading system next week. This system will be trading only the London session. You can watch my latest TV interviews for July to know more about them. This new account will have money from other members of my trading group so I would need to ask their permission first before I can link it to myfxbook and share the account statements.
The market is beginning to settle down after Brexit. Support and resistance levels are beginning to form clearly which is a positive sign for my trading style. For next week, I can see one possible trade setup on EURAUD:
EURAUD - After testing 1.4430 support, buyers have been in control of price for much of the last 2 weeks. This pair finished the week close to 1.4890 resistance. Going into next week, I will be watching this pair on multiple time frames looking for signs of a reversal. Alternatively, if resistance breaks then I will be looking for a retest where resistance could turn into support. I don't know what will happen but I will only take action if price is showing the exact price action pattern that I know how to trade.
