Hello Traders! Price broke a swing high which can represent bullish momentum. This can also be a false break to get retail in long. I caution trading NFP and would play the sidelines still the trend becomes more clear.
Hello Traders! Another Asian Session model occurred last night.
Hello Traders! We can see the dollar gain strength. Looks like it is following it seasonal bias for May.
Hello Traders! Same simple setup traders need to be using for the Asian Session. This is step by step how I approach Asian Session.
Hello Traders! Dollar has moved back above May opening price. We have left a discount range and could see the strong dollar push possibly.
Hello Traders! I am still bullish on UJ. The fact that a higher swing low has formed under May's opening price is a good sign.
Hello Traders! Once again this setup has formed. Hope you enjoy.
Hello Traders! I am still bullish on Dollar which means bullish UJ. So far the market is setting up to go higher.
Hello Traders! Tomorrow is NFP and I advise you to leave it alone if you are not a seasoned trader.
Hello Traders! As we can see price pushed back into the BISI. Looking for price to find a swing low formation. I would suspect commercials are buying in these down days.
Hello Traders! This is another great example of how I trade Asian Session
Hello Traders! This is my thoughts for the day. I would like to see a higher swing low. Wednesday or Thursday can be the of the week.
Hello Traders! Welcome to the new month of May! Here is my stance on UJ. Ideas: IPDA, COT, Hedge Program, Seasonality, Futures Chart.
Hello Trader! End of the week pull back may be due. I want to see a lower swing high for another opportunity to sell to the IPDA 20 day low
Hello Traders! We can see AU has been ranging this month. However, I still follow market shifts. The swing low broken and lower swing high was the key factor to price going lower. I would like to see AU take out PDL.
Hello Traders! Here is a great example of getting a high probability raid to sell side.
Hello Traders! AU has been giving me a tough time this month. It not going anywhere. Nor is it keeping its trend when breaking structure. We can see price breaks swing highs but shortly after breaks a swing low.
Hello Traders! Once again the Asian session is proven great. Buy-side to sell-side is simply what occurred for the Asian Session.