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  • 🇬🇧 Markit/CIPS Manufacturing PMI Flash (OCT) Actual: 57.7 Expected: 55.8 Previous: 57.1
  • 🇬🇧 Markit/CIPS UK Services PMI Flash (OCT) Actual: 58 Expected: 54.5 Previous: 55.4
  • 🇬🇧 Markit/CIPS Composite PMI Flash (OCT) Actual: 56.8 Expected: 54 Previous: 54.9
  • Get your basics right. Find out what is stock market volatility and how you can trade It here:
  • Heads Up:🇬🇧 Markit/CIPS Manufacturing PMI Flash (OCT) due at 08:30 GMT (15min) Expected: 55.8 Previous: 57.1
  • Heads Up:🇬🇧 Markit/CIPS UK Services PMI Flash (OCT) due at 08:30 GMT (15min) Expected: 54.5 Previous: 55.4
  • Heads Up:🇬🇧 Markit/CIPS Composite PMI Flash (OCT) due at 08:30 GMT (15min) Expected: 54 Previous: 54.9
  • 💶 Markit Manufacturing PMI Flash (OCT) Actual: 58.5 Expected: 57 Previous: 58.6
  • 💶 Markit Composite PMI Flash (OCT) Actual: 54.3 Expected: 55.2 Previous: 56.2
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 90.99%, while traders in Wall Street are at opposite extremes with 76.75%. See the summary chart below and full details and charts on DailyFX:

Michael Boutros


Expertise: Short term trading and intraday technical levels.

At DailyFX Since: 2010

Trading Style

  • Analytical Profile: More Technical
  • Time Frame: Medium-Term (2 Days to 2 Weeks)
  • Type: Swing

Can we guess your trading personality?


  • Nearly 20 years of experience trading FX, Commodities & Equity Indices
  • 15 years work experience on FX trade desks, brokers and at market news / trader websites including, MG Financial, Velocity Trade and FXCM
  • Michael has spoken at numerous trader expos and conferences over the years including Las Vegas, Dubai, Australia and New York.
  • Sited by numerous financial publications including Reuters, Wall St Journal, CNBC and Bloomberg


  • Bachelor’s degree in Economics / Philosophy

Most Important Trading Lesson Learned

“There’s no Holy Grail in trading- it takes strategy, good risk management and most importantly, discipline. Respect the Technicals- It’s all about the setup. Know what you’re trying to do, in what time-frame and why. Always trade what you see, not what you hear and stay focused on the levels. Remember, price never lies.”

Recent tweets

MBForex Oct 21, 2021
US #Dollar Technical Setups: $DXY, $USDCAD & $GBPUSD Levels -
2021-10-21 20:22:00
MBForex Oct 21, 2021
Canadian #Dollar Outlook: $USDCAD Plunge into Support- Exhaustion Risk -
2021-10-21 18:41:52
MBForex Oct 20, 2021
#Oil Technical Forecast: Oil Eight-Week Rally Vulnerable- $WTI Levels ($USOil) -
2021-10-20 16:01:23
MBForex Oct 20, 2021
#Bitcoin - Daily Chart - breakout to ATH . . Watch the close. . .
2021-10-20 13:46:48
MBForex Oct 19, 2021
Australian #Dollar Forecast: $AUDUSD Rips – #Aussie Breakout Levels -
2021-10-19 18:30:48
MBForex Oct 19, 2021
$SPX Daily Breakout Levels. . .
2021-10-19 16:04:29
Oct 22, 2021