The midfielder has missed Town’s last four matches after picking up a groin injury earlier in the month.
Way told YTFC’s official YouTube account: “Alex is training today which is good news.
“We’ll see how he deals with the training session but we could go into Saturday with potentially a full squad.”
Town have no other injury concerns going into Saturday’s encounter with Colchester United at Hush Park.
“It’s always a bonus (to have an injury-free squad),” Way said.
“We wanted to structure an athletic group and I think that’s very important going into the Christmas period.
“We’ve got a massive fixture schedule coming up where players have to be able to compete at their best but have to do it consistently.”
Fans can purchase tickets for this weekend’s match online or by phone on 01935 847888.