The Forex Daily Summary - 11/09/2023
9 High impact news event for tomorrow, 15 trade ideas/signals - Aussie confidence, UK employment/earnings data, Spanish CPI and German and Euro Area ZEW Economic Sentiment
In todays edition we discuss:
9 High impact news event for tomorrow
15 Trade ideas/signals
NOTE: If a Trade idea becomes a valid Signal, Premium Members are notified Immediately via email
If you just want to check out tomorrows trade ideas, skip to the heading “Want to trade the news?”
Table of Contents:
Todays high impact news analysed
High impact news for tomorrow (Fundamental Analysis)
-For Premium Subscribers-
Trade ideas/which pairs to watch and what directions (Buy or Sell) to trade the news
Positioning of retail traders (Sentiment analysis)
Technical Analysis (my take profit, stop loss, and conditions for entry)
Todays High Impact News
We had no valid trades today, you can check the trades out using the link below:
https://ct.icmarkets.com/copy/strategy/68783?u=Hatchscb
Want to Copy my trades?
I’ve now also set up the option for anyone here reading to copy the trades I take, there is no fixed rate monthly fee that’s charged in order to take part in these trades.
Instead, I charge a 30% commission fee of the profits I make from these trades on a monthly basis, which means that if I make no money, you will not be charged any commission fees.
This means that if I make you £1000 over the course of 1 month, you will pay me £300 and you’ll be left with £700, this will also act as a form of audited proof that the news events that I discuss in these daily articles can make money if the correct technical approach is taken (which tends to be the biggest hurdle in figuring out how to trade)
How to setup the copy trading:
If you have any questions regarding the sign up process, do not hesitate to contact me via email (thespeculatormanager@gmail.com) or Discord (Sam#7380)
First you’ll have to sign up with a broker that offers the ability to copy trades, this can be done for free via Icmarkets using the link below:
https://icmarkets.com/?camp=70138
Once you’ve set up your account you will need to create a cTrader account, to do this press:
Accounts > Live Accounts > Open New Live Account under the cTrader heading
Once you have made your cTrader account, the easiest way to copy these trades is to download the mobile app and press the Copy button and search for “The Speculator”, alternatively, you can use the link below.
https://ct.icmarkets.com/copy/strategy/68783?u=Hatchscb
Once you’ve set up copy trading, I will be risking approximately 2.5-5% per trade, this risk will mirror onto your account so you don’t have to worry about calculating lot sizes.
NOTE: I’ve set the minimum deposit size to $100 in order for you to test the trades, however, in order to adequately risk equal amounts on each trade, you will need to make a minimum deposit of $250 or £200.
Premium members are notified of trade ideas discussed in trading plans if they become valid immediately after the news is released.
Tomorrows High Impact news
As always, If these news events catalyse a trade, premium members will be notified via email
Now the Juicy bit - want to trade the news?
trading during these big news events can be risky, so when people trade around high volatility news events, they need to be very careful and have a plan to manage the risks. They also need to be ready to handle their emotions, like feeling scared or excited, so they don't make bad decisions.
Below we will go through the possible scenarios of what might happen tomorrow, specific pairs to watch and the direction (buy or sell) to enter, given the possible scenarios
This should be considered as a preliminary analysis, further analysis is done on the day of the news, and updates and trade signals (if they are valid) are provided via email.
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Everything below this point is now exclusively for premium subscribers only - activate your 7 day free trial to check it out!
The high impact news events for tomorrow will be taking place on the AUD, GBP and EUR
There is no medium impact news
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