In today’s Traders Edge Market Briefing, Tomasz has found these amazing setups we thought you’d find interesting!

American and European indices started the new week with small drops although Asia had a rather successful session

The EURUSD started with a small rise but it seems more like a dead cat bounce. I don’t see a chance for it to develop into something bigger

A better situation can be spotted with the GBPUSD, where price action suggests the that the false breakout is in place, which would point to a further appreciation of the Sterling

The USDJPY broke the upper line of the channel up formation, showing us a pure dominance by buyers

The CADJPY also climbed higher fulfilling expectations from the inverse head and shoulders pattern

The GBPJPY finally broke from the sideways trend, as you may have expected; to the upside. That brings us a long-term buy signal


About Author

During his career, Tomasz has held over 400 webinars, live seminars, and lectures across the globe. He was also an academic lecturer at Poland's Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for the accounts; none of which were ever negative. Tomasz gives preference to a technical approach to trading: mainly price action with very strict money management rules. He believes that the most important thing in trading is your mind, so it is much better to focus on trading psychology than to look for the Holy Grail of trading systems.

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