few weeks ago I started sending mid-week updates to my free Newsletter subscribers in order to provide additional information while thanking followers for support and continued interest in my work. In this post I am providing tonight mid-week update. Mid-week updates features a long-term and short-term review of the Dollar Index, include trading plans for the Euro cross & SP500 index (include in this sample). If you want to see an example of a trading plan, refer to the one published on the S&P500 index.
Notice that I usually publish this information 6 to 8 days later on my blog. If you want to get the mid-week review as I send it, read at the end of the post. Thank you.
‘I have recorded a brief video in which I reviewed the Dollar Index, the Euro-Dollar and the S&P500. I reviewed each contract in the mid-term, daily timeframe. I anticipate a continuation of Dollar weakness in the medium term, however those two recent spikes in different directions could mean more sideways action could be in the cards. With the Euro going higher after confirmation of support at 1.3010 (confirmation came with the break of the 1.3048 level on the upside), we should now see a continuation of the the new leg higher into 1.3240 and 1.3420, and then further. The behavior of S&P500 e-mini is now in favor of a continuation higher in the US indexes, as well. Please find the mid-week video review below:
If you intend to use the information provided in this email and/or published in my blog for your trading please do your own diligence, find the advice of a trading professional and trade at your own responsibility. The information provided here is for educational purpose only. Please read the Disclaimer and understand and accept all the risks. Thank you.’
Notice that I will only post mid-week updates to subscribers of my Newsletter. Register for free here.
I send my free Newsletter on Sundays along with other information. The newsletter typically includes: a weekly review for the Euro-Dollar cross, my FibStalker View on Currencies focusing on Forex pairs, articles on my trading method, market commentaries and HFT/Program Trading. Please, register here to receive the free weekly newsletter.
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