Forex Trading Opportunities for the Week Ahead 29 Feb 16

I plan my trading for the week ahead each weekend. Here are the Forex trading opportunities I will be stalking this week.

Note that this is my current view, but if market conditions change my view can change too. Generally I will trade in alignment with what I have noted here, though I will wait for a set-up before I enter. I base my view on technical and fundamental information. This is my beliefs and you are welcome to have opposite ones. Having a plan is more important than the actual direction for me. 

Today’s report is abbreviated as I am travelling. 

• Sell GBP/USD.  Trend – MT is bear fast.
• Wait USD/JPY.  – MT is bear volatile.
• Sell AUD/USD. Reversal –  MT is sideways normal.
• Wait EUR/USD.  – MT is bull volatile.
• Sell NZD/USD. Reversal– MT is sideways normal.
• Wait USD/CHF. – MT is sideways normal.
• Sell EUR/CHF. Trend – MT is bear normal.
• Sell USD/CAD. Trend – MT is bear normal.
• Buy EUR/GBP. Trend – MT is bull normal.
• Wait AUD/JPY.  – MT is sideways normal.
• Wait NZD/JPY. – MT is sideways normal.
• Sell GBP/JPY. Trend – MT is bear normal.
• Sell EUR/JPY.  Trend –  MT is bear normal.
• Wait CAD/JPY. – MT is sideways normal.
• Sell  CHF/JPY. Trend – MT is bear normal.
• Sell GBP/NZD. Trend– MT is bear normal.
• Sell EUR/NZD.  Trend – MT is bear normal.
• Wait AUD/NZD. – MT is sideways volatile.
• Wait EUR/AUD.  – MT is sideways volatile.
• Sell GBP/AUD. Trend – MT is bear normal.
• Sell  AUD/CAD. Breakout –  MT is bear fast..
• Sell GBP/CAD. Trend –  MT is bear normal.
• Sell EUR/CAD.  Trend –  MT is bear normal.
• Sell NZD/CAD. Breakout – MT is bear normal.
• Sell GBP/CHF. Trend – MT is bear normal.
• Wait CAD/CHF.  – MT is sideways volatile.
• Wait NZD/CHF. – MT is sideways normal.
• Wait AUD/CHF. – MT is sideways volatile.

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Economic calendar for the week ahead:

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(MT = Market Type: Click for more information on market types.)

Trend: Market is trending in the direction I have listed and I expect it to continue. 

Reversal: I am looking for a reversal against the current trend.

Breakout: The currency pair is breaking out of a range. 

About the Author

Sam Eder is a currency trader and author of the Definitive Guide to Developing a Winning Forex Trading System and the Advanced Forex Course for Smart Traders (get free access). He is the owner of  www.fxrenew.com a provider of Forex signals from ex-bank and hedge fund traders (get a free trial). If you like Sam’s writing you can subscribe to his newsletter.

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