First of all yesterdays set up: EURGBP there was no safe entry point, price just ran away from our top zone and went 90 pips before retesting. For me that 90 pip move ended my interest in the pair for the day (deemed to have made its move). It did come back down, retest and reject our exact zone before going for a load more pips but there was no safe entry for me especially in the current trading conditions. Our first job is to protect our account. The good news for those who have learned the strategy and can mark their own charts is that one of the other pairs that I mentioned that I liked GBPJPY did turn into a trade. I personally didnt take it because I dont trade Monday mornings until 1 hour before NY opens but for those who do it was a perfect set up that went for over 200 pips. The other pairs I liked didnt materialise into trades. Bear in mind that this strategy can be used on any pairs or indices, I choose just to trade a few pairs so I get used to the way they move. So on to today Im going to stick

cont. with EURGBP. Im only interested in a buy if it breaks our top zone, because of current market conditions I dont want to trade against the trend. For those of you who know how to mark the charts yourselves and have learned the strategy the other pairs that I will be monitoring closely are GBPJPY, GBPCHF and to a lesser extent GBPUSD. For anyone wishing to learn the strategy contact me via our Learn Forex Facebook page https://www.facebook.com/forexeducationcompany/

Yesterdays set up ranged with in our zones (poked its head out but immediatley closed back inside). For the people who have learned the strategy and can mark their own charts the other pairs I was watching GBPJPY broke out but no rejection, immediatly closed back inside GBPCHF ranged within our zones but the one I least expected turned out to be a beautiful trade, an example of waiting for the trade to come to us and trading what we see what we think. There was a perfect entry that went for nearly 200 pips. This strategy can be used on any pair or indices for more information message me on FACEBOOK https://www.facebook.com/forexeducationcompany/

So on to today: Whiplash Wednesday? Possibly with GBPCHF consolidating like it has and GBPCAD and GBPAUD already breaking and holding above yesterdays high but again we will trade what we see and not what we think. Remember in the current trading climate only take A1 trades. There are a few possibilities today for those who have learned the strategy and know what they are looking for but I'm going to put up GBPCHF. I will take the buy if price breaks and holds above my zone and so long as it fits in with our other criteria. The thing I like apart from the consolidation is that Leaders have already gone and shown us the way but lets wait til Europe opens and see what materialises.

No whiplash Wednesday then and I didnt enter GBPCHF. There was an entry if you used correlation and leaders and laggards correctly but I was concerned about other GBP pairs breaking highs earlier in the day. I did however catch a nice entry on USDJPY my target was only 35 pips and price went 45. This strategy can be used on any pair or indices. Today looks quite messy to me but Im going to monitor GBPJPY. Price has already broken yesterdays low (so now different rules apply) and then closed back in the zone, hopefully thats to get some buyers in before it moves down. Again trade what you see not what you think is going to happen, if the conditions aren't right I wont jump in the trade.

So no SAFE entry on the GBPJPY set up from yesterday, price just shot off without retesting. For those who mark their own charts and have learned the strategy I hope you were monitoring USDJPY. Our 50 pip target was hit in under an hour, i also let a small position ride for 122 pips it went for a lot more but i dont hold overnight. Today some pairs look a little scrappy but I'll be monitoring GBPJPY GBPCHF & GBPUSD. Im going to put up GBPJPY as todays set up, lots of room to the North and South. In a perfect world it would be nice to see these 3 pairs correlate with GBPCHF as the leader.

Just a quick note. If you’re in any trade I wouldn’t want to hold it over the weekend because of gapping. If the gap goes against you then you’re not taken out at your stop loss you’re taken out at the opening price. It could be bye bye account.

Friday saw no safe entry on GBPJPY. It did break and hold above our zone but if you look at that wick when it broke through that was the thing that put me off. GBPUSD and GBPCHF both ran away so I didn't get in a trade on Friday. However, I know some of you got into US30 and/or USTEC which was great to see. I don't trade Europe as it opens on Monday but for those of you who do GBPJPY has interestingly come back down to the zones I had on Friday morning. You will see this happen a lot, look how important the top zone is now. Momentum is with the down side on the hour chart but not on the 4hour so I'd be happy to take a buy as well as a sell. I have just started an instagram channel learnf0rex if youd like to follow.

So yesterday was a great example of why I dont trade on Monday mornings and why we stick to our rules. GBPJPY faked out. Why didnt we enter? The breakout went too far at 25-30 pips, our maximum is 15 pips and Monday mornings are reknown for fake outs. A lot of breakout traders will have been caught by that. On to today, one of the pairs I'll be monitoring is GBPUSD. It has been consolidating for a few days now. Ok so the range is a big one but its still consolidation. looking for it to break and hold on the hour chart, then retest and reject possibly on a smaller time frame.

Follow the link for todays set up

Meeting Recording:
https://zoom.us/rec/share/-OtYdLry01lIYKfn9WfARK0RGNTlT6a8gXAe-KYPzUaRNZSmK4UuNtS5yKCDyH5c

Link for todays set up

Meeting Recording:
https://zoom.us/rec/share/34tLFYHz6TlIAY3g7RHkCqETIKDaX6a80Ccf__VczRpoq4VbS6R2LFxQehrBp8Pf

Video showing yesterdays winning trade and todays set up.

Meeting Recording:
https://zoom.us/rec/share/79RkP-v58m5IX6vjxBqYdO0INZneaaa8gCgZ-vNenkZymnVFzFE1rLbcQ8OWsxg5

No video just at the moment as my Internet is intermittent to say the least. I dont trade Mondays until at least 1 hour before NY opens anyway.

Topic: Nigel Hudson's Zoom Meeting
Start Time : Mar 30, 2020 06:30 AM

Meeting Recording:
https://zoom.us/rec/share/v49NCqHC1TpOGJHq4XDFB7x7QaK8eaa81yge_KAEmU2c8VdDMZrybGb0Txp83rGB

Topic: Nigel Hudson's Zoom Meeting
Start Time : Mar 31, 2020 06:35 AM

Meeting Recording:
https://zoom.us/rec/share/oot6caPh_DpLbI3LtGTWd7J_Iq36T6a8hyRP-_pZnk9kUUJKMO9CCf_sRTe4HHhf

Topic: Nigel Hudson's Zoom Meeting
Start Time : Apr 1, 2020 05:03 AM

Meeting Recording:
https://zoom.us/rec/share/-ZRECems92FJWc_M93PdWfUvNZjHT6a803QerKVYyE-gKN702e4PZZJNSp5Ioa4X

Topic: Nigel Hudson's Zoom Meeting
Start Time : Apr 2, 2020 05:52 AM

Meeting Recording:
https://zoom.us/rec/share/zNFPKI7_72lLGKPh0wLnS_YmDpq6aaa81ylMq_cNykgzBXHhhtj4SewJx6aLIZ0s

Topic: Nigel Hudson's Zoom Meeting
Start Time : Apr 3, 2020 06:42 AM

Meeting Recording:
https://zoom.us/rec/share/-8JXNbT_53tOGreWzVvWWLE7EYHsT6a82yhMrqYNnUcvgNTQfVp6Q9WsnAG_HB9V