Forget about mowing the lawns on Sundays, its planning day....

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    Forget about mowing the lawns on Sundays, its planning day.

    Today I run through by pairs looking at price action on Monthly / Weekly and Daily Charts.  I am looking at market types to decide the market type they sit in.  I need to know whether they are in Consolidation /  Range or Trending Markets.  
    From my 21 pairs I then choose the pairs I will probably trade the next week.

    WHATS TRENDING -   WHAT SPACE OFFERS THE MOST PIPS

    EURUSD -  This pair is in the middle of a big Sell off moving from one Monthly Line and swinging down to the next.
    There is still 166 pips in this move.

    I will be selling on Monday any strong move on M5 when it LEAVES the 10EMA.  On this account I will again build a basket on the way down at every cross of the 10EMA.   Its easier to use 5EMA Shift 3 or the PAC that Sharks is trialing 5 Smoothen Average high and Low.

    Target to next Goal is 166 Pips

    eu sell.png
 
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