GlobalMacroGuy

PRO
Message Follow Following Unfollow
About me Former Buy-Side FX Pro Turned Self-Employed Swing Trader
Joined
Markets Allocation
67 % forex 33 % other
Top Mentioned Symbols
USDJPY 66% | 4 FX_IDC:XAUUSD 16% | 1 FX:XAUUSD 16% | 1
GlobalMacroGuy GlobalMacroGuy PRO USDJPY, 240, Long ,
USDJPY: ADDING AGAIN TO USDJPY LONG AND MOVING TARGET HIGHER
32 0 1
USDJPY, 240 Long
ADDING AGAIN TO USDJPY LONG AND MOVING TARGET HIGHER

Price action in USDJPY is very supportive, but really in the USD in general as the rate hike is now inevitable. I expect the target to be reached rather quickly (in 2015) and ideally well before the rate hike hits.

GlobalMacroGuy GlobalMacroGuy PRO USDJPY, 240, Long ,
USDJPY: Adding Again to USDJPY Long and Moving Target further.
19 0 1
USDJPY, 240 Long
Adding Again to USDJPY Long and Moving Target further.

Price action in USDJPY is very supportive, but really in the USD in general as the rate hike is now inevitable. I expect the target to be reached rather quickly (in 2015) and ideally well before the rate hike hits. The 127.50 target is based purely on the idea that the high should be breached given the price action and fundamental backdrop not to mention the ...

GlobalMacroGuy GlobalMacroGuy PRO USDJPY, D, Long ,
USDJPY: Adding to Long USDJPY on NFP breakout
29 0 0
USDJPY, D Long
Adding to Long USDJPY on NFP breakout

I think today's NFP was a wake up call to those who were disinterested in USDJPY for the past 6-8 months. Therefore, although it is difficult psychologically to add to trades after a big run up, that is itself one reason why its profitable to do so when the reasoning checks out. I have added around here and will do so in small every 50 pips on the way to 1.24 ...

GlobalMacroGuy GlobalMacroGuy PRO USDJPY, D, Long ,
USDJPY: DOLLAR rally continues with USDJPY Target 124
31 0 1
USDJPY, D Long
DOLLAR rally continues with USDJPY Target 124

I would not try to fade the Dollar rally beyond a high conviction intra-day trade (like I might be doing with Gold if price action is supportive), I think most of the complex is going to fall further with EUR and JPY leading the way. Until the Fed backs out of a hike if they do, I'm going to want to be Long USD and if they don't USDJPY will continue far higher ...

GlobalMacroGuy GlobalMacroGuy PRO XAUUSD, 30, Long ,
XAUUSD: Looking for Gold Reversal ~1118 on EW completion
48 0 1
XAUUSD, 30 Long
Looking for Gold Reversal ~1118 on EW completion

One big reason why I bailed out of my Long yesterday other than the obvious lack of price confirmation and the weakness in the Euro is that moves that start with sharp movements often end with sharp movements and not dull slow bottoms. EW people will simply see this as a Wave 5. I am looking for supportive price action around ~1118 which is a great support zone ...

GlobalMacroGuy GlobalMacroGuy PRO XAUUSD, 240, Long ,
XAUUSD: Long Gold on Support from Heavy Px-Zone, TL Support
432 0 8
XAUUSD, 240 Long
Long Gold on Support from Heavy Px-Zone, TL Support

I believe one should keep one eye on EURUSD while trading Gold right now. As long as intra-day strength continues on EUR , the price action on Gold should stay supportive Long 1137 Stop 1130 TP: ~ 1147-1155

Last visit United Kingdom
3202
99
17340
Message Follow Following Unfollow
Last visit
6
0
32
Message Follow Following Unfollow
Last visit
31
0
137
Message Follow Following Unfollow
Last visit Iran - Tehran
2859
294
18833
Message Follow Following Unfollow
Last visit
17
2
78
Message Follow Following Unfollow
Last visit España
303
211
2600
Message Follow Following Unfollow
Last visit
9296
3076
82612
Message Follow Following Unfollow
Last visit
2492
349
11265
Message Follow Following Unfollow
Last visit EUROPE
4558
432
48188
Message Follow Following Unfollow
Last visit Maldives
3383
317
25645
Message Follow Following Unfollow
Last visit United States
56
172
1148
Message Follow Following Unfollow
Last visit United States, CT
8971
1088
44487
Message Follow Following Unfollow
Last visit USA
5646
136
25927
Message Follow Following Unfollow
Last visit Durango, Colorado - USA
4842
619
23712
Message Follow Following Unfollow
Last visit Jordan
16829
793
71165
Message Follow Following Unfollow
Last visit SINGAPORE
20382
1438
119067
Message Follow Following Unfollow
Last visit
1361
1397
14650
Message Follow Following Unfollow
Last visit Iran - Tehran
2859
294
18833
Message Follow Following Unfollow
Last visit United Kingdom
1637
1262
19437
Message Follow Following Unfollow
Last visit
2846
629
17141
Message Follow Following Unfollow
4063
683
24950
Message Follow Following Unfollow
User has no following symbols
Market
Interval
Browse
Time
Type
Browse
Time
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out