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Forex Strategy Video: A Trading Analysis Checklist for EURUSD

Forex Strategy Video: A Trading Analysis Checklist for EURUSD

John Kicklighter, Chief Strategist

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.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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