Bottomed out for sure. Support confirmed by volume, bullish divergence in play on 2h chart and some new coming soon. x2 from here is so conservative.
Let's celebrate that $SWAP is now on @tradingview with a little bit of TA, shall we? It broke out of the pennant. Currently (hopefully) retesting that same level where it broke out. First target: $0.8. ___ #SWAP #SWAPUSDT @TrustSwap
Central bank swap lines decreased by another $33 billion over the past week. At just $122 billion, they're about 3/4ths paid down from their $449 billion high point in May.
Insolar MainNet has started launching on January 29 2020, that went well and they will enable staking. New ticker NXS is already traded on KuCoin & BitMax for now after the 1:10 swap. I'm expecting a bounce on Binance announcement during next weeks, so better prepare for that: Entry= 0.00001720 - 0.00001560 Take Profit= 0.00002094 | 0.00002414 | 0.00002930 Stop...
AS THE TITLE SAYS WE ARE AT A MAJOR LEVEL ON THE MONTHLY( IT IS OKAY TO PAUSE AND GO CHECK YOUR MT4 NOW) AT THIS MONTHLY LEVEL YOU MAY SEE A SERIOUS GAP OR NOT DEPENDING ON YOUR BROKER HOWEVER THIS HAS BEEN SHOWING ME SOME VERY POSITIVE SIGNS OF A BULLISH RUN I HAVE BEEN MAKING SOME POSITIVE SCALPS GOING LONG ON THIS PAIR AND I INTEND ON MAKING MORE WHILE...
Japanese yen weakened around 1,5% against USD yesterday and i think it should continue it's trend... ...jumping in now would be fomo, so it's better to wait for better prices (which we might not get). Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R. Keep in mind that this idea might be realized in several days and opening long...
Cable strengthened last week even though Sajid Javid, the Chancellor of the Exchequer, resigned... ..since the beginning of this year GBPUSD was moving sideways with the highest price around 1.321 and lowest around 1.287. Last week it broke above 1.30 again and it seems like it was a false breakdown below 1.2945. I will wait for a pullback to 1.299-1.2945...
I have short position with 0.6779 stop (check my previous post) and i think if audusd breaks that level i should be with buyers. ..global uncertainty around China seems to have calmed down a bit, also recent RBA's statement had positive note regarding Australian economy. So joining bulls from 0.6779 with 0.675 stop and 0.687 T/P level provides decent R:R...
The market calmed down, so Japanese yen is weakening.. i am waiting for better price to join bulls between 109.15-108.95 zone with 109.8 T/P (R:R 3.25). Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap. // Feel free to share your opinion/position via comment and follow me to stay updated.
GBPJPY moving sideways since December last year, joining bulls from around 142.6 price level with 142.1 stop and 144.1 take-profit provides decent R:R (3:1). Keep in mind that this idea might be realized in several days and opening long position in GBPJPY results positive swap. // Feel free to share your opinion/position via comment and follow me to stay updated.
This idea is based on that the market is already pricing rate cut in GBP, so it is possible that we are going to see a strong pull back in price and then buy out from the level around 1.2957.. it provides decent R:R for joining bulls with stops below 1.29 and take profit around 1.312. (R:R=2.86) If the rate remains unchanged it will be a positive scenario for GBP...
Risk-on sentiment is still valid, the Japanese yen is in the uptrend and there is no sign for a reversal.. Joining bulls from around 110.05-109.78 with 110.8 take profit provides decent R:R (2.73). Keep in mind that this idea can be realized in several days and long position in USDJPY has negative swap. // Follow me to stay updated.)
Joining Japanese bulls also possible in EURJPY if breaking above 122.5 price level with stop around 122.05 and take profit around 123.5 (R:R 2.23).. Keep in mind that this idea can be realized in several days and long position in EURJPY has negative swap. // Follow me to stay updated.)
Currently the markets are mostly focused on the US-Iran conflict, what about 'Get Brexit done' on 31 of January? Going long between 1.305 and 1.314 price zone provides good R:R, if waiting for the target around 1.333. Keep in mind, that the target can be reached in several days and GBPUSD long has negative overnight swap.
Euro is not the strongest right now, and with what seems to be a currently risk favourable environment CADEUR long is a favourable addition to my portfolio. This is a pre-emptive entry before the break will still have the potential to generate alpha via the swap rate.
Such a nice sell 4-8 hours ago. Missed it unfortunately but you can still get in, it is a bit more risky though. You also get paid overnight swap for short positions on most brokers.
Selling Lira because the overnight funding you sometimes get is just insanity! On my broker I get 0.05% on my LEVERAGED position... PER NIGHT! That's 1% in just three weeks! For example I sell a position for $1000 which is leveraged x100 = $100,000. I get $1000 in just three weeks which is my initial investment, this means I make 100% ROE in three weeks if market...