Hi Guys,

New week of trading is coming up so i have been looking at the charts. We should have some good trades on EUR/USD and GBP/USD.

I will be posting my trades on this blog as soon as i take them so keep an eye out. If you want to get instant emails of when i put these trades on then please click follow this blog which is on the right hand side.

If you look at the chart below EUR/USD has taken a retrace backup but has hit some big resistance i think its going to take another dive down because its tried to break it 3 times and failed. I have a sell order at 1.47890 so we will see what happens this week but be aware this could happen.