Weekly Forex Forecast 05/10/2024

Hello traders,

Legendary weekly forex forecasts are back. So from now on each week, we dive deep into the dynamic world of forex trading, providing comprehensive analyses and insights to help you confidently navigate the markets. With a focus on swing trading Major and cross-forex pairs, we will review the last week of the forex prop signals and I will select the most interesting opportunities for the following week based on the COT and price action.

 

Trades taken last week in the Signals service – traded on the $ 10,000 FTMO challenge with a risk of 0.25% per trade.

We added 1.5% gain which is 6R. It means that with a risk 1% per trade your gain would be 6%. But we kept the risk low to create a buffer.

We are now in 2.5% profit and we will raise the risk per trade to 0.5% per trade. The goal for the next week is to add 2%.

Forex FTMO Signals
Forex FTMO Signals

If you are interested receiving the signals, simply join by clicking the picture below for our currently discounted prices.

Forex Telegram Signals
Forex Telegram Signals Pricing

Please watch the video with my forecast for the next week. If you hit like and comment it will motivate me to continue doing this every weekend.

Here are few picks for the next week / weeks …

EURUSD

Euro is trading close the bottom of the upward channel. Price is in the Monthly FVG and below the monthly low. It second week of the month = manipulation week.
Looking for longs setups.

EURUSD analalsis
EURUSD analysis

 

EURCAD

EURCAD has nice range just right above the HTF level where I will be looking for forming bullish setup.

 

NZDUSD

COT data just flipped to the bullish, I’m monitoring previous week low and weekly level below for the potential long entry.

The Mars EA

Here is the the $10 000 account live auto update. Last month was another great month for the EA and its already a year of consistent profit.

So what you waiting for get The Mars EA on our website all best settings and access to our community comes with it.

Thank you for reading wish you a great trading week.

Dave FX Hunter 

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