Happy New Year, Everyone!
I hope you all enjoyed the break over the festive period. Many regard it as a time for reflection ahead of the new year, but it has felt to me more like an opportunity to continue our current momentum into the new decade. Rather than looking back at 2019 with perfect hindsight, or prognosticating how the next 12 months (and beyond) may play out, my objective is to remain present with the facts and process before us.
Our Checklists have proven once again to be more effective than following forecasts and opinions which pervade financial and social media, and I have every confidence that this should continue to be the case in 2020. Our new Checklist Report for January is now available to Trading Club members along with our latest video analysis which features some of our favorite setups in equities, currencies, and commodities to start the new trading year.
Without giving too much away, one of the most interesting scores has to be gold, which has a massive -3 this month. Although there has been a flight to safe-haven assets overnight on escalating tensions between the US and Iran, there could be a great trade to be had in the coming weeks.
Time will tell how this all plays out, but what’s clear is that things are becoming far more complicated in markets and it has never been more important to trade with a proven process. Recognising this as professional investors, we provide our Checklists for a range of markets at the Trading Club and update them for our members on a monthly basis with video updates each week tracking the evolution in markets.
If you would like to join us for our full analysis including new insights each week or learn from the ground up with online tuition from Lex in our Million Dollar Traders online course, then get in touch with us today and take your financial knowledge to the next level right away!
Have a great weekend and a Happy New Year!
James Helliwell | Chief Investment Strategist