Week of: 01/17/22 – 01/21/22
The World Wealth Gauge is continuing to show us bearish readings this week. The institutional gauge is flashing red and indicating weakness in the markets, while the fear gauge is indicating a spike in volatility.
With that in mind, I have picked two trades this week from the currency space.
First is the GBPNZD trade, which we saw earlier this month. We’ve originally set it to sell at 2.0050 and it’s trading at these levels once again. (Check out the original trade here)
I love this trade at current levels and think it’s still got 500+ pips of potential opportunity.
Another trade I love is the NZDJPY short. I believe it has plenty of room to the downside and could at least head down to 76.50 levels in the next week or so.
So, I’m looking to sell this currency pair on a break below 77.48 levels, with a stop set at 79.25.
And my target here is at 75.15 levels.
In today’s video, you’ll see why I love this trade and how it has over 250+ pips of potential opportunity.
So, we’re talking about 750+ pips worth of potential profits with both the above trades!
Check out this week’s top picks video for all the strategy details.
And for more tips and picks, you can join me in my Money Flow Trading Room. It’s where I apply my Money Flow formula that could help you find 3-5 high potential trades for the entire week in as little as one hour.