Weekly Forex Forecast (19/08/24) EurUsd / XauUsd + Forex Trading Plan! [HD]

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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, GbpUsd, UsdJpy, CadJpy, EurCad, GbpCad, NzdJpy, EurNzd, GbpNzd

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
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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)
04:12 Currency Pair Selection (Watchlist) - This is where Set Ups & Currency Pair Analysis begins
16:10 XauUsd & XagUsd (Gold & Silver)


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


getmetrading
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Thanks for the perfect update. I really appreciate the dedication in each video you post.The first step to successful investing is determining your goals and risk tolerance, Most people you see as wealth at a glance, a great career, purpose is the result of hard work and remains over time. There are no shortcuts to getting rich but there are smart ways to go about it. Now I can say that thanks to Ms. Clara Burn I am improving my understanding of this whole world and making new big profits every week.

NkeonyeSochima
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Hi John & Team GMT, Thank you for another sharp and insightful analysis. I appreciate the top setups shared for the week with clear directional bias. I'm currently on the wrong side of a Silver trade, but I'll wait for the right moment to close it ASAP. It seems the Risk-On mode is making a comeback in the market. Wishing everyone another profitable week ahead. Cheers..!

varunkumar
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With trading, technical analysis skills alone are not enough; discipline and emotional maturity are also crucial for success. The saying "time in the market vs. timing the market" is a good mindset to have during market fluctuations. Thanks to Linda Wilburn’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Keep it up!

Patamagomutbutra
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Your videos really help me to find trading setups. thank you ❤

goldeneagle
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Thank you John for the weekly forecast and for everything you do for us, see you in the room Monday. Have a great weekend my friend.

marcogomes
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John hello 👋 thank you for another nice and superb WFF, have a great week and be safe budd!

amirhosseinpouyanfar
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I'm new to trading, and I've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.

Gabriel_b-tz
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Many thanks John, great as always, see you in the room during the week. Tony from Sydney

antonycappas
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Can you do a video about cost average ? how you do it?

goldeneagle
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Hey John. May I ask why have you decided to show your face on all of your videos 😅?

sizwemlangeni
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Thank you John, great forecast . have a great weekend and week ahead, take care.

ernestolongoria
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Your oil chart looks a little delayed to what the market closed last week?

berothier
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Please can you share with us how to calculate this lower and upper bound?

forexevangelist
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Hello sir... Thank you for the wff video.👌.. Have a wonderful weekend 😘❤️

maankhan
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Hello bro, do you not analysis btcusd?

haroonsoniya
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I know nothing about trading or Investing and I wanna get started. What are some strategies to get started with?

sophiamuller-yuyb
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Another one??? Thanks John. Its been a while since i visited your channel

gideonkpami
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Thanks for the update try to make video closely so we can see the level no. Clear

dharmiinghariwala