In Oct 2019 I was fortunate to be interviewed by Dale Pinkert at Forex Analytix

Dale asked me to come on for a chat about the Forex market and Forex trading.

I was more than happy for the invite to be interviewed.

We went through a brief introduction before we discussed the markets.

The interview post was intentionally delayed seeing how my predictions would play out.

I had a strong view and conviction that AUD/USD and AUD/CAD would increase in price.

At the time of the interview AUD/USD was at 67.54 on 15th October 2019

I was already limit long and was expecting an increase in price to 70.00 as I explained to Dale.

In December 2019 AUD/USD hit 70.36

Winner image

70.00 was my first target as I stated to Dale.

It was good timing, right before Christmas holidays.

AUD/CAD was behaving in a similar fashion, it was of my opinion it was forming a base and catching traders offside who were short much like AUD/USD

To add there was a decoupling between GOLD and AUD/USD which usually has around an 80% correlation thus cementing my conviction in AUD/USD upside potential.

Watch the Interview and listen to me and Dale discuss the markets.

To enable solid convictions and remain confident you need a plan.

This all comes down to the correct framework or approach if you like.

Once you have a methodology you are on track for some success.

If you have a clear set of conditions that must be met to trade you can then back test.

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