As I have stated, this blog will primarily offer trading signals for free, and the instruments that we will be following will be the major forex pairs and a few minors. Also I find crude oil to be very interesting. It tends to reflect the global economic situation, so we'll include it as well.
So these are the major forex pairs:
EURUSD
GBPUSD
USDJPY
USDCHF
AUDUSD
NZDUSD
USDCAD
We will also follow these minors:
EURJPY
EURGBP
And one commodity:
CRUDE OIL (US prices)
So I think 10 instruments in all is a nice round number to begin with.
We have no new trade signals yet but we're likely to get some this week. Crude Oil is a bit oversold as it has been in a downward movement for for last two weeks so there might be a pullback with a signal over the next two days.
Some people may see these instruments as being few and the market activity slow because the signals are only for daily candles, but I can assure all my readers that things can also get pretty exciting on the daily time frame but without the anxiety that comes with daytrading.
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