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1 136
Our trading levels are one of one of a kind.
Our aim is to bring you not only the best education material in the game, but the best live and transparent analysis.
We transform traders around the globe through our high probability trading levels and daily streams.
If you arenât going the extra mile, donât expect to go far on the road.
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Is passive income real?
First, let me define it. Passive income in definition is simply making an income whilst doing solely and absolutely nothing. Now, I personally believe nothing is TRULY passive. Even if you're doing 0.0001% of the work, you are still contributing to the income.
As you know, our partner company (West Water Associates) runs a Social Trading Fund, which has been running for nearly 7 months now.
In essence, the way it works is you deposit money, and the rest of the work is done for you in terms of making a profit. Is this truly passive? You could say so, but you'll more than likely, every Friday, be checking your trading accounts when your profit has been credited.
I guess that isn't 'work' really, but still something you're actively doing!
If you are interested in finding out more about how you can make this type of money, fill in a contact form on the website linked below:
https://www.westwaterassociates.com
1 136
Dear Trader,
Below is a weekly market forecast from our Head Trader at GM.
This week's spotlight is on the FED, as the market expects an additional 75 Basis point rate hike at Wednesday's FOMC meeting. It comes as the US CPI came out greater than expected on the 13th. Hinting at Inflation being still a surging concern for the FED. With this being said, we can expect our target for the S&P500's relief rally to encounter some selling pressure within the 4040 - 4155 region. Which has been a targeted area for our trade desk for some time now.Â
In the FX market, pairs that are of interest are /USD and /AUD pairs, as again we look to capitalise off the increased volatility the FOMC meeting and AUD CPI release will bring into the market. USD/CAD looks great for longs within the 1.28600 regions as USOil looks to take liquidity sitting at its swing low at $90.54. Another currency pair on our trade desk's watchlist is EUR/AUD shorts.Â
In the stock market, Corporate earnings will also be a key driver of market movement in Europe, with UBS, Unilever, LVMH, Credit Suisse, Deutsche Bank, Daimler, Shell, Barclays, Nestle and Renault among the major players reporting throughout the week.
We wish you all a safe trading week,
GM.
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Itâs been fantastic to see you all join the free channel today within the GM server! You will get a taste of life as a Junior Analyst at George Mortimer.
If you havenât already, make sure to click the link below to joinđ˛
https://discord.gg/3PA2SgXq
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đ¨Importantđ¨
We welcome you into the GM Trading Server for free as we have now opened up a free trading chat where you can discuss and look at trading ideas.
Join heređ
https://discord.gg/3PA2SgXq
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EURJPY documented before, during & after for our Junior analysts.
We have had some fantastic trades this month already with CADCHF, GBPCHF, AUDJPY, EURJPY, GBPNZD & EURUSD.
Setups like this are sent to our analysts every single day to execute with us.
On the 5th July there was a great sell setup where price fell over 500 pips in just over 24 hours. This caused a huge imbalance in the markets which we knew would cause for a re-balance.
Price then swept liquidity of the lows which acted as the catalyst to allow price to flip on the H4. This was detrimental for the trading setup to be valid.
We then used a valid demand zone to enter of.
Trading does not need to be over complicated and it is as simple as this.
Price has now traded to the upside well with profits being locked in along the way and the trade being managed accordingly.
The team here at George Mortimer are looking forward to bringing you on as a Junior analyst on the 29th July as more slots get released to the public.
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GM trading levels paying the billsđ
ÂŁ14,500 today from our High senior analyst, Benjy.
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Subscribe to our channel ahead of a trade breakdown being released tonight.
https://www.youtube.com/channel/UCZZI9G4OLkD1QodBtWhm34Q
