Foreign Investment is flowing out of the Chinese Stock Market and Trumps Tariffs kicking in. There have to be trading opportunities here. Take 7 minutes to find out where. Please remember to share and like Steve Trainer & Mentor @logicfxtrading.com
Lower than expected investment on Thursday and USA trade Tariffs point to a slowing of the Chinese economy. Look for opportunities in the Yen (Long) AUD (Short) and here the AUS 200 short. Hope this helps Steve Trainer & Mentor @logicfxtrading.com
We've had a push up to previous highs on Dxy - What will happen next and where should you look for the trading opportunities? I'll update my ideas as they develop This is not investment advice Please remember to share and like Steve Nixon Trainer & Mentor
This is a follow up to the short idea I posted last week (link below) Just something to keep your eye on. I'll up date this idea as it develops This is not investment advice Please remember to like Steve Nixon Trainer & Mentor @logicfxtrading
We're currently getting mixed messages from the Fundamentals about where the world economy is heading. Is it a slow down, a recession or is that idea based on old news? I've been calling a correction of the markets for some time now but prices continue to push up. The experienced trader will recognize the pattern, price moves against decreasing momentum (indicated...
The dollar looks like it's started a move down toward the channel bottom. If so where will you find the best trade opportunities? I'll update this idea as it develops This is not investment advice. Please remember to give me a like Steve Nixon Trainer & Mentor@logicfxtrading
After last weeks dovish statement from the RBNZ I've been looking for further weakening of the NZD. At the same time given the potential world slow down I'm looking for long trades on the CHF Save haven. Putting this together with the current ABC correction on the pair I see a potential short trade setting up I'll update this idea as it develops so follow for...
On a higher time frame this pair tends to move in a very distinctive back and forth pattern. I've been looking for the change in trend for a few months and this could be it. With today's RBNZ interest rate expected to stay the same all ears will be listening to the statement for future movement. Given the current set up on the 1H timescale it may be an ideal...
This looks like a possible C wave short trade set up. Bear in mind tomorrows FED interest Rate decision and statement which is expected to be Dovish. If that is the case then this pair could push higher. If you decide to go with the technical trade set up wait for the break down before getting involved . I'll up date this idea as it develops This is not...
Things have moved on since yesterday. I'm now more confident of the GBP going long. Here I explain where I see the best opportunity for a long trade. I'll update this idea as it develops This is not investment advice Steve Nixon Trainer @Mentor @logicfxtrading
This is an update to my previous recording looking at the UK Parliament Votes on Brexit this week. Last night the market thought the deal would be voted through. The legal situation regarding "The Irish Backstop" has not changed according to the UK attorney general therefore today we have seen a pullback I'll update this as things develop Steve Nixon Trainer &...
The end of March is fast approaching so all eye should be on GBP just in case we get a big move. Here we discuss what happening in the UK Parliament this week and what the possible outcomes will be. This is not investment advice I'll up date this idea as it develops Please remember to give this idea a thumbs up even if it just for effort Steve Nixon Trainer & Mentor
An Ending diagonal can often be used as a trade entry set up. This particular situation needs a further push up before we can look for the short break out. The dollar is currently correcting last weeks push up so perhaps tomorrow or Wednesday we'll see this pair move short. Look out for development of the divergence between price and MACD. This is not investment...
On the higher time frame the CAD is short and the Dollar is either long or at least moving in a sideways channel. Therefore I'm looking for a long trade opportunity on this pair. On 1H we currently have a potential ending diagonal which could give us a 50% retracement of the previous impulse. After that I'll be looking for a new push up. Of course the pullback...
Given the positive noises coming out of Europe/UK about Brexit we could possibly see a further strengthening of the GBP. If that happens where should you look for the best trading opportunity? With the USD also strengthening I would avoid Cable and rather look for a currency that's having difficulties. Is that the Aussie? Well possibly given that the last RBA...
Currently the Swiss Franc seems to be pushing up from recent lows and at the same time the yen is dropping in a corrective structure. Right now the pair is in a correction which could have some more down side to it. That for me is the best opportunity for a trade on this pair right now. After that we'll see if my long view is correct. The options are to take the...
Neither of these two are particularly long at the moment but given the trend on the higher time frame I don't see any reason for it to change. With that in mind the recent push up is looking like an ending diagonal with divergence on the MACD. Keep an eye out for a short trade with the diagonal as a entry set up. Timing is every thing with this so don't jump in...
This is a follow up explanation of the previous chart. One correction - near the end of the recording I said that if the world economy slows everything will drop except save havens like "Gold and Oil" of course I meant "Gold & Silver" not oil. I hope this help Steve Nixon