Weekly Forex Forecast (16/12/24) EurUsd / XauUsd + Forex Trading Plan! [HD]

Weekly Forex Forecast with Full Forex Trading Plan!

Forex pairs & markets covered in this week’s Weekly Forex Forecast & Forex Analysis:

USD (DXY), EUR, GBP, CHF, JPY, CAD, AUD & NZD

Crude Oil, EurUsd, NzdUsd, EurNzd, NzdChf, AudUsd, EurAud, AudChf, UsdCad, EurCad, CadChf

Gold Analysis - XauUsd
Silver Analysis - XagUsd

#forex #weeklyforexforecast #forexforecast #forextrading #forexanalysis #forextradingforbeginners #howtotradeforex #technicalanalysis #swingtrading #priceaction #priceactiontrading #supportandresistance #forextradingcourse #forexcourse #freetradingcourse

How to use the Weekly Forex Forecast

The Forex Forecast video presents the highest probability directional move for every market each week as well as a "work space" for each Forex pair by putting into place the key support and resistance levels.
When assessing the Price Action of each Forex market in the Forex Forecast video we create the analysis using multiple time frames, however the presentation in the Forex Forecast video is made in the 4h time frame.

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Learn to trade with the Get Me Trading Pro Course which teaches traders how to trade Forex, Stocks, Bonds and Commodities as well as how to trade Forex and Stock Market Fundamental Analysis, Technical Analysis and Risk Management Principles.

Each section of GMT's Pro Trading Course can be found here:

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A complete Forex Strategy:

The Weekly Forex Forecast and Technical Analysis video can be combined with GMT's Pro Trading Course to provide a complete Forex Strategy for every Forex trader to approach the Forex markets with each week. It uses the following process to put the odds onto the side of the each Forex trader ensuring long term, sustainable success in the Forex markets:

Directional Bias

By assessing the overall trend of each market a directional bias is created in each Forex pair which helps put the odds on our side for reasons covered extensively in the Risk Management section of GMT's Pro Trading Course.

Support and Resistance

By updating key support and resistance levels in each Forex market each week a "work space" is created allowing each Forex trader to assess potential set ups on a pullback to support and resistance levels or by filtering out trades which might be too close to upcoming support and resistance levels. It is an additional filter which increases the odds further in our favour.

Entries

In the Technical Analysis section of GMT's Trading Course both Breakout and Swing Trading techniques are covered and both can be used to enter positions into the Forex markets for set ups as highlighted in the Forex Forecast.

Stop Losses

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Thanks for watching and a big extra thank you to those who comment, like, share and subscribe to the channel!

Have a great week and don't forget to trade safely!

Get Me Trading Team

[getmetrading]

Welcome all Forex traders to this weeks Weekly Forex Forecast & Forex Analysis!
Video index for this weeks Weekly Forex Forecast & Forex analysis with times listed below

00:34 Relative Currency Analysis (Market Selection)
03:14 Currency Pair Selection (Watchlist) - This is where Set Ups & Currency Pair Analysis begins
24:43 XauUsd & XagUsd (Gold & Silver)


I wish you all a nice weekend and a profitable trading week next week!

[mattn_kk]

Great analysis as always; last week's forecast was spot on!

[stewartraesidem]

You are the best FX and gold analyst on the internet. I have been trading for 30 years.

[alyrayha]

Big shoutout for mentioning AWS34K and SUI. These two look like the future to me. Holding both tight!

[czech-street-workout]

Thanks for another year's worth of analysis and fundamentals bro .. wishing you a merry Christmas and New year 👍🏻💪💪

[ernestolongoria]

Thank you John for your time, and all your hard work. Have a great week ahead, take care.

[shadellhilda]

Everyone stacking AWS34K before the next bull run is gonna laugh last. This coin is pure potential!

[amirhosseinpouyanfar]

John hello 👋 thank you very much for another nice and smooth WFF and of course for another year of hard work, thanks again for sharing your experiences and knowledge with us. Wish you the best for you and your family brother 😊

[antonycappas]

Many thanks John, great analysis as always, see you in the room during the week and as no updates next week end due to the Christmas Holidays, Merry Christmas to you, your family and everyone involved with GMT. Tony from Sydney

[forexevangelist]

Can you create a course for GMT members on Commodities macro? Will appreciate that, thanks.

[maankhan]

Hello sir hope you are good
Last week was a amazing week Always best of the best analysis 🔥👌Have a wonderful weekend sir 🤝❤️

[joseeduardoacostanunez]

John Legend thanks as every week... The Moving Average you use is the 8.9.50 etc which one ..gracias

[persiangameguide]

I made money with your Xau forcast last week. thanks. I trade 0.01 though so thank you again. I hope one day I can be in your forum.

[iainwicks]

Hi John, you mention a lot about “scratching” the position to risk manage it when it doesńt go your way. Do you mean just closing the position and taking a hit immediately, or do you mean waiting for it to swing back towards where you got in and hopefully taking a smaller hit. Or even something else like putting an opposite position on e.g. if the short is going against you then putting a long or vice versa.

[derricksmart]

Great Forecast of the Year. Enjoy your Holiday's with your family, and I see you Next Year Family. Well Deserved Break indeed

[Zeeshan-qe]

please also add BTC and ETH in the WFF thank you

[absolute___zero]

I think next week we will finally break parity on EURUSD. For the last 30 days large specs increased their short position on EUR by almost 70k contracts, that's huge!. I think it will start tanking below 1.0000 right after FED meeting. Gold is also signaling DXY upside by double-topping and weekly pinbar-ing. The least-shorted pairs (according to the COT report) are AUDUSD and GBPUSD, also USDCAD, so they are also good for going long on US dollar on them (as they wouldn't make much of retracement)

[kantiton]

Thanks for the advice! Profited 50% last week. Thinking AWS34K, ETH, and SOL. What’s your take?

[presleyakokewhu]

I see eurusd short next week.. and infact to parity..and continuation through Jan.

[nimatjimo-amisu]

Hello John,

Thanks for your usual video.

I am a GMT member but i cannot access my Hedgedash since last week i then realized my one year subscription expired on 8th December 2024. I have emailed support but got no response that is why i am asking how can i make payment and renew my subscription. Thank you for this year and appreciate your daily and consistent videos in the room. Thank you John and hope to get a response on my renewal for 2025.