| Dear 101 Traders
I hope you're having a great weekend and taking some time to recharge!
I've just finished my weekly outlook for the week commencing 20th January 2025, and I wanted to share some insights with you.
This week's prep included both fundamental news analysis and technical analysis, focusing on price action and market structure. My usual watchlist includes GBPUSD, EURUSD, and EURGBP for day trading, but I also took a look at Gold and Bitcoin for potential short-term investments. You can watch the full weekly forecast video here!
Last week, I found the forex markets to be unusually choppy and a bit harder to navigate—did you feel the same? Because of that, I've decided to keep this week's forecast simple. I'm sticking to clean and clear market structures to prepare myself for solid, high-probability trading decisions in the week ahead.
This week, I'll be trading in both my live account with IC Markets and my fully funded account with the prop firm The 5%ers.
If you're new to trading or want to sharpen your skills, my ebook, Forex Trading 101: A Beginner's Guide to Trading, is a great place to start. It offers a clear, step-by-step approach to help you understand the forex market and build a solid foundation. You can check it out here!
Wishing you a profitable and green week ahead! As always, trade mindfully and stay focused on quality over quantity. :)
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