DXY has completely ignored the previous week losses. Even though fed fund rates have more room to the downside, market was very bullish dollar. This makes more sense given the actual Risk Off move and I am expecting the dollar to go test 100 level. NEXT STEP : - testing 100 level.
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Intradays on the opportunities stated in the previous videos ! Mainly looking for a 4H break and retest on two pairs, as well as others less clean but still presenting an edge. Drop a comment !
Check out the in depth analysis for the upcoming hours ! Nice developments there Drop a comment !
Same story as many EUR pairs. Waiting for a push down and a pullback. Cash is as well a position
Still waiting on a couple of pairs to develop. Market big volatility has been followed by side ways price action. Pretty slow moves so far. Hopefully ECB can give some push
Some trades are aligning but still need more develpment. Do not hesitate to drop me a comment if you wanna see a particular pair. Happy trading ! Comment and like !
IG sentiment shows that 87% of retails are long USDCHF. I do play as well pullback plays as a day/swing trader. But there are times where you should be careful going against the trend. Do you see the momentum ? How can you be long on that ? Let the market give you more signs ! Trade safe Comment and like !
Market need overall more development. I will keep an eye on EURGBP and GBPNZD, as well as following closely the development on oil and equities. Comment and like !
main take-away : - trade defensive on pullbacks - trade aggressive on risk-on moves - wait for more development overall Comment and like !
I have seen too many people this week trying to fight the trend. The sentiment is very very much bearish. You can see that from all asset classes. Try not to fight the trend. Go with the market.
I was waiting for a decent pullback on the pound pair that never presented an entre. It pullbacked, made a low test candle and directly hit target profit. But today, a lot of pairs on the watch
Some trades will happen to go perfectly in the desire direction but never presenting an entry. Even in this type of trades, the learning is there. Never feel fear of missing out. #noemitions