For some strange reason the retail trade still appears to believe that the good old stand-bys are working as carry trades" ( AUDJPY , NZDJPY , GBPJPY , etc.) The fact remains that today, those don't even make the Top 5 of professional traders' (e.g., the industry) preference list.
Interest rate differentials combined with existing margin rates make most of the...
The Eur/Jpy has a lot of potentials. The movement of price is dope. There is a lot of both buy-side and sell-side liquidity that needs to be taken out from the market by the banks and institutional traders. So we hope to see this pair fall to at least the level I expected. When trading this, one needs to note what to do whether to take full profits or take it in...
As I told before, the number of US index is falling very strong and in some weeks later I believe that it will touch the support zone, which created by the last HL in 2018 and changing zone in 2010.
Because of Corona virus and economical issue I believe that if price can not break the support, it will do a time retracement.
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-4hr BMS possible push to the upside
refined PDA to the 15min and 5 min
-looking to sweep those eye highs
-looking for SH, BMS, RTO for entry
- speculating price action live
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Analysis of #GOLD
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Strategy: Pullback on 61.8 Fibo
A clear chart is Always the best...
USDCHF Buy Stop at 0.92156
This explanation is only my personal opinion only.
Trading financial markets involves risk, and is not suitable for all investors.
I am not responsible for any losses incurred due to your trading or anything else.
I do not recommend any specific trade or action, and any trades you decide to take...