Randy_FX

Randy_FX

Inflation worries strike again. I’m more interested holding onto the CAD over the JPY over the long term. 86% of retail traders are short. - Trade responsibly

Randy_FX

Currently in this beautiful trade from a counter trend-line break. Now I’m just trailing my stop loss as we continue to fall. Can we break the lows and keep going down? Let hope so. 500+ pips would be nice. - Trade responsibly

Randy_FX

If traders continue to short this pair I can see use reach the highs again and possibly breaking through. COT Reports show Asset Managers are adding more long positions to the upside. Caught my entry near 1.66100 - Trade Responsibly

Randy_FX

I called this leg up last week. Now it’s time to trail the Stop Loss and ride the wave until completion. Knowing which way the Retail crowd is trading is powerful. - Trade responsibly

Randy_FX

This is what I’m looking at right now. Already have one long position but looking to add more if we get any type of dip. Trade responsibly.

Randy_FX

Shouldn’t be looking for short trades at this time. The overall trend is bullish so I’m looking for opportunities to hop on the ride up. Institutional Banks are heavily long on USD and extremely short on the JPY. Any move downward is just a deception to get you to follow the other 76% of retail traders that are also short (Stop Losses are above these...

Randy_FX

Retail 69% long. Price is headed back down if they continue to buy.

Randy_FX

Retail is getting crushed on this one. 75% of the crowd is short. Bought the dip when I saw the short positions stacking up 2 days ago.

Randy_FX

Retail traders are 67% long on the pair. This is a perfect opportunity to go against the crowd and hop back on the downtrend.

Randy_FX

93% of retail traders are Short ⬆️ 74% of Asset Managers are Long ⬆️ CAD Interest Rate: 1% ⬆️ JPY Interest Rate: -0.10%

Randy_FX

This setup met all my entries reasons so now we're going to ride it out and see what happens.

Randy_FX

USDCAD is currently making a correction move back to the bearish trendline. We are patiently waiting for a bearish pattern to form after price has just hit the 0.786 Fibonacci level. If price continues this push up past 0.786 we may need to step away from our short bias and watch the movement unfold.

Randy_FX

Here we can see Bitcoin is getting ready for a push to the downside, possibly down to $50,000. If our 0.618 and 0.786 Fibonacci level can hold we might see another rally to the upside. If we can't hold structure together we might see a head and shoulders pattern in the near future.

Randy_FX

Here we see that USDCAD retraced to the 0.618 Fibonacci level and is respecting the recent support zone to the left. We can see that this market is trending downwards (creating lower highs and lower lows). If it continues to show bearish price action I'll be looking for shorting opportunities on lower timeframes. Stay tuned for further updates!

Randy_FX

USD getting a more bullish. Here is a possible setup for USDMXN I'm currently looking at.

Randy_FX

Took a short on EURUSD yesterday. This pair is melting away!