Trading Consultants Inc  Monthly Planning Review for April

Trading Consultants Inc begins each month with each trader, Jake, Jon, and I and occasionally Adam and Rick doing their own chart work that begins with the 8 step process we show here.

Step 1 Determine direction from Monthly Line chart …..

There are 4 answers up down range or unsure If unsure we do not trade that pair for the month.

Step 2  Examine Monthly candle chart for PA

Here we take the same chart and begin to seek PA  Price action ( candle patterns with any chart thru H4

Step 3 Repeat steps 1 and 2 for weekly chart

here we repeat steps 1 and 2 for weekly charts

Here we find both direction  and Price Action

Step 5 & 6 and 7 & 8 are repetitions of steps 1 and 2 for the daily and H4 Timeframes.

This is completed for every pair and CFD our broker offers for trading via Forex So no Futures hassles no commodities weird names.

After this we have a listing of pairs eligible for our traders to consider and trade with PA and zone from H4 through Monthly Trading Monthly PA is not recommended for traders using margin as the zones are deep and reaction very broad.

Now here are the pairs for April  2017 and the controlling PA chart

DE30Cash,Monthly,Monthly Ranging from 12500 to 9500 - CopyDE30Cash,Monthly,Monthly Ranging from 12500 to 9500EURAUD,Daily, Daily supply special Controlling PA 2017-03-28 13_23_56-51566_ - CopyEURAUD,Daily, Daily supply special Controlling PA 2017-03-28 13_23_56-51566_EURAUD,Monthly Ranging from 1.63 to 1.38EURAUD,Monthly Ranging from 1.59 to 1.23EURCAD,Monthly 2017-04-01 11_33_33-51566_EURCAD,MonthlyEURCAD,Monthly, Ranging from 1.53 to 1.30EURCHF,Monthly, Ranging from 1.11 to .98EURGBP,Monthly2017-04-01 09_53_20-51566_ Bear Engulf with 2 months retracementEURNZD,Monthly, Uncertain stop losses in placeEURUSD,Monthly, Ranging from 1.15 to 1.04GBPAUD,Monthly Controlling PA 2017-03-28 13_23_56-51566_GBPAUD,Monthly, DownwardGBPCAD,Monthly, DownwardGBPCHF,,Monthly, Demand uncertainGBPJPY,Monthly 2017-04-01 11_23_39-51566_ GBPJPY,MonthlyGBPJPY,Monthly, DownwardGBPNZD,Monthly, UnsureSoybean,Monthly 2017-04-01 11_45_45-51566_ Soybean,MonthlyUSDCHF Monthly .Controlling PA Bear Engulf with 2 months retracement MonthlyUSDJPY,Monthly, Ranging

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