WEEKLY TRADE PLAN

Weekly technical outlook and analysis for major currency pairs will be posted every week before the beginning of a new trading week.

Weekly Trade Plan for November 19th to 24th

Weekly Trade Plan for November 19th to 24th

Hell Traders, You are welcome to another edition of The Forex Dormitory weekly trade plan. Last week saw Eur recover some gains as president of ECB Draghi had his speech on Friday. This week we will be looking at three currency pairs AUDUSD, EURUSD and GBPUSD. AUDUSD...

Weekly Trade Plan for November 5th – 9th

Weekly Trade Plan for November 5th – 9th

You are welcome to another edition of our weekly trade plan, where we make the best trading preparations for the new week. This week we will be looking into the EURGBP, GBPJPY and the EURUSD. EURGBP As predicted last week that price was aiming at the blue circle area,...

Weekly Trade Plan for October 29th – November 2nd

Weekly Trade Plan for October 29th – November 2nd

Welcome back to another trading week, we really hope you benefited immensely from a very profitable week as market obeyed  our trade plan for the week last week and we made over 400 pips in total from the GBPUSD and the GBPJPY. This week we will be looking at four...

Weekly Trade Plan for October 22nd – 27th

Weekly Trade Plan for October 22nd – 27th

Hello Traders, We hope you benefited immensely from our trade plan for last week. The GBPUSD gave us some profits as it obeyed our range prediction. The AUDUSD Still gearing up for the bear run. This week we will be having a plan for four currency pairs. The GBPUSD,...

Weekly Commentary for  October 15th – 19th

Weekly Commentary for October 15th – 19th

  AUDUSD As seen on the daily and 4H chart above price have shown a rejection of the upward movement at a resistance. This sets us up nicely for a bearish run to continue the overlying bearish trend. Short term bear outlook becomes invalid when the 0.7413...

Weekly Commentary for October 8th-12th

Weekly Commentary for October 8th-12th

GBPUSD As seen in the weekly chart, the formation of a bullish pin bar (blue circle) off the support region has put a halt on our bearish outlook for this pair and puts us in a neutral position.  The formation of two consecutive opposite signals on the weekly chart...

Weekly Commentary for October 1st – 5th

Weekly Commentary for October 1st – 5th

EURUSD  As price have now fallen over 150 pips from the bearish pin bar fakey set up from last week, we are still bearish on this pair but we need a break below 1.1539 to activate another downward run. Its a non farm payroll week so it is important to take that into...

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Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubt.

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