WMB #32: Don't Predict, Position
How to navigate this week as a multi asset trader!
How to Use This Newsletter
I’ve found that the best FX traders that I know combine macro and technicals to optimise their chances of profitability.
(Macro & Market Narrative) + (Trend & Momentum) + (High Probability Chart Areas)
This newsletter outlines each of these components.
Sometimes each component disagrees with each other and sometimes they align.
When all components align, we have a high conviction trade idea.
We also keep an eye on incoming events that introduce volatility into the market and potentially push our trade in the wrong direction.
By combining this market awareness and our high conviction trade idea, we give ourselves the best opportunity of being profitable.
Preparing for the Week: Key Ideas
Here’s a video walkthrough of my key trade ideas and the technical levels I’m watching!
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