All readied up for next week! Markets overview.
So now what's happening is everything is the exact opposite as this summer.
It was boring to the limit, and now there are so many things going on I do not even know what to do... Won't be able to trade everything...
My brain is like mashed potatoes after checking it all. agagagaga.
*** Majors ***
EURUSD
AUDUSD
GBPUSD
Predicted direction: down
NZDUSD
*** Exotic USD pairs ***
USDCNH
Not going to trade it but I am curious to see if it keeps going up
USDCZK & USDHUF & USDPLN
Predicted direction: up as the week opens.
USDNOK
USDSEK
*** Minors ***
EURJPY
Expecting a bull break and it to go 0.382 before doooowwn :)
EURCHF
Short it to the ground.
Got this count:
EURCAD
EURGBP
Expecting possibly bearish divergence if it goes up.
If that happens, I will look at GBPUSD that will probably be way panic sold and undervalued by then, and short that + go long pound on the GBPUSD pair. Probably a few days before that happesn, at least.
GBPJPY
GBPCAD
I wonder if when 1 GBP pair runs into short zone it is a good idea to not trade it and wait for another pair to get there, and either short the second pair, or the 1rst one if it went higher as to increase my risk to reward without missing out?
*** Energy & soft commodities ***
Oil
I want to go long, going to look for signs of a reversal should it go to one of the red lines:
Cotton
Shorting it if it goes to the red line.
*** Metals ***
Bearish bearish bearish.
Here, gold as example:
Copper and silver which are 2 metals I look at regularly are just in the same boat:
*** Crimecoins ***
Bitcoin
Shorting it if it gets to a red line. Fingers crossed for a pump and dump this sunday.
Ethereum
Only worth my time if it goes way up. I could make more money looking at random commodities orange juice cacao etc so if I trade ETH at levels that are not perfect I might as well look at these commodities too.
Because it moves 30% a day does not mean it is more profitable. Something that moves 1% a day but keeps trending hitting supports and resistance is way better.
And anyway Natgas and some commodities move even more than ETH lol.
I think I am not going to log all my trades on tv, and I probably avoid too much correlated redundant trades (maybe I should look at exotic crosses?).
I can't believe I am saying this, but now there are simply too many, cannot post them all anymore. That all went from 0 to 100 in a week.
I look at so many indicators and stuff, and I still somehow managed to check everything quite suickly, no idea how I do it XD
It was boring to the limit, and now there are so many things going on I do not even know what to do... Won't be able to trade everything...
My brain is like mashed potatoes after checking it all. agagagaga.
*** Majors ***
EURUSD
AUDUSD
GBPUSD
Predicted direction: down
NZDUSD
*** Exotic USD pairs ***
USDCNH
Not going to trade it but I am curious to see if it keeps going up
USDCZK & USDHUF & USDPLN
Predicted direction: up as the week opens.
USDNOK
USDSEK
*** Minors ***
EURJPY
Expecting a bull break and it to go 0.382 before doooowwn :)
EURCHF
Short it to the ground.
EURCAD
EURGBP
Expecting possibly bearish divergence if it goes up.
If that happens, I will look at GBPUSD that will probably be way panic sold and undervalued by then, and short that + go long pound on the GBPUSD pair. Probably a few days before that happesn, at least.
GBPJPY
GBPCAD
*** Energy & soft commodities ***
Oil
I want to go long, going to look for signs of a reversal should it go to one of the red lines:
Cotton
Shorting it if it goes to the red line.
*** Metals ***
Bearish bearish bearish.
Here, gold as example:
*** Crimecoins ***
Bitcoin
Shorting it if it gets to a red line. Fingers crossed for a pump and dump this sunday.
Ethereum
Only worth my time if it goes way up. I could make more money looking at random commodities orange juice cacao etc so if I trade ETH at levels that are not perfect I might as well look at these commodities too.
Because it moves 30% a day does not mean it is more profitable. Something that moves 1% a day but keeps trending hitting supports and resistance is way better.
And anyway Natgas and some commodities move even more than ETH lol.
I think I am not going to log all my trades on tv, and I probably avoid too much correlated redundant trades (maybe I should look at exotic crosses?).
I can't believe I am saying this, but now there are simply too many, cannot post them all anymore. That all went from 0 to 100 in a week.
I look at so many indicators and stuff, and I still somehow managed to check everything quite suickly, no idea how I do it XD
Comment:
USDCZK update.
EVERY SINGLE WEEK it is the same.
The trade I was not able to take was a quick clean win.
Useless broker. The other ones I checked that have this pair have insane spreads.
Still have to find a broker that has these exotic pairs, spreads that are not half my target, and that opens on sunday evening and close friday evening, just like the rest. Oh and that do not ask me to have several years of experience..
EVERY SINGLE WEEK it is the same.
The trade I was not able to take was a quick clean win.
Useless broker. The other ones I checked that have this pair have insane spreads.
Still have to find a broker that has these exotic pairs, spreads that are not half my target, and that opens on sunday evening and close friday evening, just like the rest. Oh and that do not ask me to have several years of experience..
And also they are actually limiting my leverage even if they are australia based, great.
Well, going to need to try another broker then...