TRADING PRICE ACTION PATTERNS
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A private channel for traders. Learn and trade with me. Analyses and setups based on Price Action and classic candle patterns.
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Forecast for the coming week: SNB, Australian employment data, speeches by Fed officials and more | 20–26 September
The SNB’s monetary policy decision and the Australian employment report are the key events on this week’s calendar. RBA Governor Bullock, BoC Governor Macklem, BoE Governor Bailey and several Fed officials will provide insights into the situation at their respective central banks, whilst the three-day bank holidays in Japan will be a key factor to bear in mind during the various trading sessions.
Key events:
🇨🇭
SNB interest rate
: The SNB is expected to keep rates unchanged. Updated forecasts,
the monetary policy assessment
and
the SNB press conference
will give investors trading the CHF a broader picture of the monetary policy landscape.
🇦🇺
Change in employment in Australia
and
unemployment rate
: A key indicator for the Australian labour market ahead of the RBA’s next decision. Investors tracking the AUD exchange rate will be paying attention to both the overall figures and the details behind them.
Points to watch:
🇦🇺
Speech by RBA Governor Bullock
: Bullock’s remarks precede the RBA’s next decision. Investors will be listening closely for her latest assessment of inflation, the economy and interest rates.
🇨🇦
Canadian retail sales (month-on-month)
: Investors trading CAD will be looking for the latest signals regarding consumer spending in Canada.
🇺🇸
Revised UoM Consumer Sentiment Index
: The final reading will update the preliminary assessment of consumer confidence and inflation expectations.
🇳🇿
Daylight Saving Time change in New Zealand
: This weekend, clocks in New Zealand will be set forward by one hour. Check the calendar before trading on NZD-related events.
Market-moving events are spread throughout the week. Check the calendar, stay alert and trade successfully!
🇺🇸 Speeches by Fed officials: Following this week’s decision, a full schedule of speeches by Fed officials is planned: Goolsbee, Williams, Jefferson, Barkin and Paulson.
hello Monday , hello traders. Now live in beginners room with scalping strategy 10-11 GMT+1
Hello Friday, today 2 live sessions- first now in beginners room - Price Action patterns 8-9 GMT+1
Panel disscusion in advanced room now- all about today's BoE rates decision 8-9 GMT+1
Hello Wednesday, hello traders now a session in beginners room- "OPOS" strategy for working people. https://my.xm.com/member/live-education/player/basic
I’ve opened three sell positions. I’m not sure if this is a bit too bold, but according to the TFR (The First Red) strategy, it’s justified. The MACD is starting to fall and the trend is downwards – I expect the price to break through the (trend) neck line and drop into the supply zone
Info for new members - our group for chating is here: https://t.me/tradingpriceactionpatterns
Screenshot from Friday I posted on our community on XM. Today it seems that the neckline is gona be broken
