Filed Under:
Forex pairs in this Article » USD, EUR/USD, GBP/USD, AUD/USD, USD/JPY
Talking Points:

• As traders, we should apply a strategy consistently to improve the probability of our trades

• One avenue of a strategy is the analysis phase, which we discuss in today's video

• We apply the Fundamental, Technical and Market Conditions review to EURUSD, GBPUSD, AUDUSD and USDJPY

Sign up for DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!

There are many aspects to a fully-established trading plan, but the very first element is our analysis of the currency pair or market. Is the setup we are assessing a high-probability opportunity or simply alluring due to a technical pattern or upcoming event risk? In today's Strategy Video, I present the checklist of Fundamentals, Technicals and Market Conditions that I use to establish how promising a trade setup actually is. After discussing each aspect, we use the checklist on the majors - EURUSD, GBPUSD, AUDUSD and JPY.

For more on a Full Trading Plan, read James Stanley's article on the topic here.

Sign up for John’s email distribution list, here.

comments powered by Disqus
Trading Center