Hello Traders! We can see the dollar gain strength. Looks like it is following it seasonal bias for May.
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! 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! 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! As expected today was a dynamic buying day. Yesterday was a counter trend candle. Buying after a down close in an uptrend is ideal.
Hello Traders! Still Bullish on AU. Looking for price to run away from down days.
Hello Traders! AU has created a Swing Low. This Swing Low is also higher than the pervious one. This can be signs of the commercials buying!
Hello Traders! I am still bearish on AU. Unless price trades back up above the swing high and forms mitigation block then I will consider being a buyer again.
Hello Traders! I am still bearish for AU and xxx/usd. The Feds have the highest rate compared to the majors. If there is a liquidity crisis going on in all countries people will seek the reverse currency. Only time will tell.
Hello Traders! This is a daily update. Currently shifting my stance back to bearish.
Hello Traders! NFP is tomorrow, please relax if you do not know what you are looking for. You will be emotionally attached to chasing price.
Hello Traders! This is what I am currently thinking with AU and other pairs. Dollar is looking weak.
Hello Traders! This is my process on breaking down a pair for the next month. Hope you find this insightful.
Hello Traders! Hope the daily updates were beneficial to you as a trader. Next up April and AU
Hello Traders! Price is back to the 20 day high! Price went from sell-side to buy-side.
Hello Traders! A new month is near. I would start prepping for what you think the lifecycle of the next candle will do.
Hello Traders! We can see we are running away from the down days. New buying opportunity showed itself yesterday and today!