Good evening from hot and humid Limassol!
We have a really interesting trading week and month coming up in just a few hours, the main thing you all need to know about September is that is it s a key month for central bank policies, some big moves could occur on a basket of currencies and indices!
We are actually kicking off the central bank news with the RBA in the Tuesday Asian trading session, followed by the BoC rate statement on Wednesday at the US open and finally the Riksbank monetary policy meeting (Swedish Central Bank) this Thursday.
We will be on the charts like hawks for these events and will focus to spot any PM patterns on CADXXX, AUDXXX and the SEKXXX pairs....
While we are speaking of actual trade setups... we want to shoot out a quick message for our founder Denis which explains where he wants PipsMatter to go, and why it started.
"When I started PipsMatter back in 2016 my idea of this business was to basically teach, support and guide people to trade successfully... of-course I changed approaches many times until I finally created this complete strategy I am using now for over a dozen months... but I started this community to TEACH people to trade for THEMSELVES, so as we move into September that is what I want this community to be doing, many people just come for the alerts and they don't want to invest any time into learning, and I see that as a problem.
I do have a solution for the "problem" I mention above and it is the course I am about to release on Udemy again (new and improved courses), also a complete on-boarding course for community members will be released and daily live sessions will commerce... all in an effort to get you guys trading using my strategy and stop following alerts."
Ok, moving back to the fundamentals for the week. In the US the main release will surely be the ISM manufacturing report and the always much awaited NFP on Friday.
In Europe its the final estimate of the Q2 GDP (on Friday) and in the UK good focus will remain on BREXIT because of the house of commons returning to their sessions...
In China we get the PMI data for August, but we dont end there.... if you just bring you attention to the economic calendar, you'll notice just how RED it is! - And aside from all of that red data releases.... we have Trump tweets, trade wars, Iran tensions....
So, these weeks sessions will be done differently... after testing for two weeks what works best, we are going with the model I use to use when I managed brokers, most specifically 24option, which I joined when I was 21, and in less than 12 months became an authority figure holding the highest possible position and managing a team of 146 people, very successfully I must brag!
I'm not going to go in any detail about the sessions aside from what they are about! They will continue to be free for this week too so if you want to really get an edge in your trading and maybe grab a few pips with us, make sure you join!
SEPTEMBER 2 / MONDAY
SEPTEMBER 3 / TUESDAY
SEPTEMBER 4 / WEDNESDAY
Links for the sessions for Thursday and Friday (NFP!!) will be given in our community on Discord! It is still FREE to join so if you want to test drive us out... give Denis and email directly on Denis@pipsmatter.com and he'll get you on board!
Till tomorrow ladies and gents! - Have an amazing September!