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 GMT Real Time Set Ups & Daily Analysis here: getmetrading.com Hedgedash 14 Day Free Trial: hedgedash.com (included in GMT membership) 02:25 Relative Currency Analysis (Market Selection) 08:32 Currency Pair Selection (Watchlist) - This is where Set Ups & Currency Pair Analysis begins 21:53 XauUsd & XagUsd (Gold & Silver) Please use this Forex analysis with sensible Risk Management procedures, if you do not have any, you can learn from the GMT Trading Course completely FREE at getmetrading.com I wish you all a nice weekend and a profitable trading week next week PLEASE NOTE: We do NOT operate on WhatsApp and WILL NOT ask you to contact us in the comments section. Any attempt at contact in the comments section under the GMT brand is an impersonation OFFICIAL Get Me Trading information & contact can only be found at - www.getmetrading.com
As always thanks john for the weekly setups!! I had one doubt as you know on june 6 ecb had a rate cut but than also EURUSD moved up...why so...shouldnt it deteriorate ?
No problem 🤝 yes sometimes you can get volatility on the events simply due to profit taking. I think Eur is now facing a much larger sell off vs USD but Wednesdays FOMC will be key to watch
HI John Why would Indicies deteriorate with a rate cut? Surely a rate cut means a weaker Dollar and more liquidity coming into the markets through Quantitive easing and heading into Indicies?
Yes all true but monetary policy works with a lag. Usually the Fed cuts because the US is about to go into recession. The lags hit from the previous tightening cycle, Fed cuts, US goes into recession, US comes out of recession a year or so later due to the cuts being stimulative. That tends to be how cycles play out. So its just about the sequence of events playing out
Hi John & Team GMT, Thanks for another great analysis and for sharing the best setups in this episode of WFFs. I know it's a bit ridiculous to ask, but can we place limit orders based on the levels provided? I understand that nothing is certain in the forex market, but could you share your experience with these setups if they've been executed? Best wishes to everyone for a profitable week ahead. Cheers..!👍🥂😊
Very welcome Varun 🙏 yes you absolutely can place limit orders on the levels. I do that quite often although I enter most trades with a market order. If price blasts through my entry I cost average it higher/lower at the next level and exit on a pullback towards breakeven. These are things we do week in week out in the members area in real time 👍
Amazing last week got profit from last week with gbpaud and gbpusd. Great analysis, thank you so much. Can u suggest me about gbpaud upcoming week uptrend or down?
My selling position pick was 1.89250 and 1.90230 also new buy position is 1.92200 and 1.93050? What can I do now hold long time position or stop loss here.
Hedgedash Help Centre is open to everyone to read and understand Hedgedash in detail. You can access the Help Centre by clicking here: help.hedgedash.com/docs/1.0%20Introduction%20to%20HedgeDash . All GMT members get full access to Hedgedash as part of their GMT membership 👍
@@getmetrading were you expecting a bullish dxy blast on Friday? Personally was unsure if they would make a false run lower before moving higher so I engaged in usdcad longs after news release.
Well they were more structured around probabilities than knowing the outcome of the release. I bought currency pairs which had become crowded to the downside in the Hedgedash systems. Crowded markets often unwind on these kind of news events as people book profits. Difficult to explain the whole trade structure here but that was the basic premise of the NFP trades I took and shared with members
The Room is just a name for where the Daily Briefings are done. It used to be a live webinar/trading room before it switched to video format and the name just stuck
yes dear but the first spots is 2284 and the second spots is 2274 and 2250 . but if the market is bullish if the market cross 2320 after then market is going to 2420
It will go higher again imo but I think both gold and silver head lower next week. XauUsd longs on the table for me only if we see USD weakness from Wednesday 👍
I think it probably goes lower but it will be a good reversal set up to short Usd if we get weakness from Wednesday. Its a back up pair for me next week
Hey there Mr. John. My family is a big fan of your channel and has been watching you for a while. My dad lives in the middle east trading Forex and has been stuck in a Hedge for 2 months now from a mistake that one of his business partners made on his behalf. He's really feeling stressed over it and is desperately looking for some help from someone that knows more than him. Honestly as a son seeing him get so stressed has been having an effect on me and so this is my attempt despite knowing very little about trading to reach out and ask for help from someone that knows better than I ever could. Do you think there is anyway I could contact you? No worries at all if you're not willing. Thanks for your time
Thanks for following along 🤝 I can't provide financial advice unfortunately but you can contact out team via the GMT website for any enquiries you might have 👍
![Weekly Forex Forecast (16/12/24) EurUsd / XauUsd + Forex Trading Plan! [HD]](http://i.ytimg.com/vi/QeKA_2peN9g/mqdefault.jpg)
![Weekly Forex Forecast (16/12/24) EurUsd / XauUsd + Forex Trading Plan! [HD]](/img/tr.png)
![Weekly Forex Forecast (17/06/24) EurUsd / XauUsd + Forex Trading Plan! [HD]](/img/1.gif)
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
GMT Real Time Set Ups & Daily Analysis here: getmetrading.com
Hedgedash 14 Day Free Trial: hedgedash.com (included in GMT membership)
02:25 Relative Currency Analysis (Market Selection)
08:32 Currency Pair Selection (Watchlist) - This is where Set Ups & Currency Pair Analysis begins
21:53 XauUsd & XagUsd (Gold & Silver)
Please use this Forex analysis with sensible Risk Management procedures, if you do not have any, you can learn from the GMT Trading Course completely FREE at getmetrading.com
I wish you all a nice weekend and a profitable trading week next week
PLEASE NOTE: We do NOT operate on WhatsApp and WILL NOT ask you to contact us in the comments section. Any attempt at contact in the comments section under the GMT brand is an impersonation
OFFICIAL Get Me Trading information & contact can only be found at - www.getmetrading.com
As always thanks john for the weekly setups!!
I had one doubt as you know on june 6 ecb had a rate cut but than also EURUSD moved up...why so...shouldnt it deteriorate ?
No problem 🤝 yes sometimes you can get volatility on the events simply due to profit taking. I think Eur is now facing a much larger sell off vs USD but Wednesdays FOMC will be key to watch
HI John Why would Indicies deteriorate with a rate cut? Surely a rate cut means a weaker Dollar and more liquidity coming into the markets through Quantitive easing and heading into Indicies?
Yes all true but monetary policy works with a lag. Usually the Fed cuts because the US is about to go into recession. The lags hit from the previous tightening cycle, Fed cuts, US goes into recession, US comes out of recession a year or so later due to the cuts being stimulative. That tends to be how cycles play out. So its just about the sequence of events playing out
Hi John & Team GMT, Thanks for another great analysis and for sharing the best setups in this episode of WFFs. I know it's a bit ridiculous to ask, but can we place limit orders based on the levels provided? I understand that nothing is certain in the forex market, but could you share your experience with these setups if they've been executed? Best wishes to everyone for a profitable week ahead. Cheers..!👍🥂😊
Very welcome Varun 🙏 yes you absolutely can place limit orders on the levels. I do that quite often although I enter most trades with a market order. If price blasts through my entry I cost average it higher/lower at the next level and exit on a pullback towards breakeven. These are things we do week in week out in the members area in real time 👍
Hi John, is the GMT course still on your website? I dont seen to find it there anymore
Planning on bringing it back this coming week, but it will be part of the GMT membership
Have you got any special price on the GMT annual subscription ...????
We haven't currently sorry, but it a good idea 👍
Great Forecast John as usual. Question so if the FEDS keep the interest rate at 5.5 will the dollar become weak or get stronger?
Should get get stronger simply because other CBs are cutting rates. So their is usd inflows on a wider yield differential
Amazing last week got profit from last week with gbpaud and gbpusd. Great analysis, thank you so much. Can u suggest me about gbpaud upcoming week uptrend or down?
Great job 💪 yes bullish GbpAud this week personally. Only looking for long set ups 👍
@@getmetrading I hold it long time, bt my selling pick position was 1.89250 and 1.90320 and new taking buing position is 1.93120 and 1.93280?
My selling position pick was 1.89250 and 1.90230 also new buy position is 1.92200 and 1.93050? What can I do now hold long time position or stop loss here.
if you don't mind me asking!
What is Hedgedash based on? fundamentals or technicals? and is it yours?
Hedgedash Help Centre is open to everyone to read and understand Hedgedash in detail. You can access the Help Centre by clicking here: help.hedgedash.com/docs/1.0%20Introduction%20to%20HedgeDash . All GMT members get full access to Hedgedash as part of their GMT membership 👍
Did you execute your setups right before nfp?
Yes last week I opened 2 and held through NFP caught around 1 days worth of volatility from each. All posted to members
@@getmetrading were you expecting a bullish dxy blast on Friday?
Personally was unsure if they would make a false run lower before moving higher so I engaged in usdcad longs after news release.
Well they were more structured around probabilities than knowing the outcome of the release. I bought currency pairs which had become crowded to the downside in the Hedgedash systems. Crowded markets often unwind on these kind of news events as people book profits. Difficult to explain the whole trade structure here but that was the basic premise of the NFP trades I took and shared with members
@@getmetrading which pairs?
I joined last week; there's a trading room?
The Room is just a name for where the Daily Briefings are done. It used to be a live webinar/trading room before it switched to video format and the name just stuck
Sir,nothing discuss about u.s.a CPI?
Better to wait till after both CPI and FOMC in my opinion and trade reactively
Great Video. Congrats on 13 trade win streak 👊... USD/CAD 🚀🚀🚀
🙏🤝
Brother I Buyed gold 2350 ,, what the next I do ?? It’s chance to pullback ??
yes dear but the first spots is 2284 and the second spots is 2274 and 2250 . but if the market is bullish if the market cross 2320 after then market is going to 2420
@@seller-ng6xu ok bro I follow it
It will go higher again imo but I think both gold and silver head lower next week. XauUsd longs on the table for me only if we see USD weakness from Wednesday 👍
Hello John, great analysis! thanks and have a great weekend and week ahead, take care.
Thanks, you too Ernesto all the best 👍
Many thanks John, great as always, see you in the room during the week. Tony from Sydney
Thanks Tony looking forward to it 🚀 have a nice weekend bud 👍
Thank you very much John.
I am in a short trade on GBPUSD but probably it is going to have another push to the high.
Have a nice weekend, my friend
I think it probably goes lower but it will be a good reversal set up to short Usd if we get weakness from Wednesday. Its a back up pair for me next week
Nice .. have a great week John 👍💪💪
Thanks, you too CSW 🤝 all the best brother 👍
John, how long have you been trading
15+ years
Thanks, John!
I agree. USD looking strong next week. Fundamentals pointing that way.
Wednesday will be 🔑
Congrats John
👊👍
Thank you John ! Nice and informative ! :)
My pleasure SD 🤝
There is 2 options pick one up or down
Every market displayed in the video has either a bullish or bearish bias only
Hello sir hope you are good ... Thank you very much for this WFF video noted all markets 👌 Have a Beautiful weekend ❣️👊
Thanks you too Maan 🙏 have a great week bud 👍
@@getmetrading Thank you sir ❤️
🤝
THX!
Thank you Sir...!!!
I think there will be a neutral response from JP ....in view of what other central banks are doing ...hawishness would only Unemployment worse
Yes I think they hold and give a neutral presser probably
Best youtuper but you are not a trader
Ok imam 👌 thanks for watching
Hey there Mr. John. My family is a big fan of your channel and has been watching you for a while. My dad lives in the middle east trading Forex and has been stuck in a Hedge for 2 months now from a mistake that one of his business partners made on his behalf. He's really feeling stressed over it and is desperately looking for some help from someone that knows more than him. Honestly as a son seeing him get so stressed has been having an effect on me and so this is my attempt despite knowing very little about trading to reach out and ask for help from someone that knows better than I ever could. Do you think there is anyway I could contact you?
No worries at all if you're not willing. Thanks for your time
Thanks for following along 🤝 I can't provide financial advice unfortunately but you can contact out team via the GMT website for any enquiries you might have 👍