tradeimx

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About me I hope to find some people with whom I can discuss/ share fundamental view and reasons behind technical trade entries.
Last visit Joined 2 years ago UK, BH area
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDCAD 33% | 1 USDCAD 33% | 1 GBPAUD 33% | 1
tradeimx tradeimx GBPAUD, D, Short , 8 months ago
GBPAUD: Waiting GBPAUD to retrace before shorting
9 0 2
GBPAUD, D Short
Waiting GBPAUD to retrace before shorting

With market expectation of RBA rate cut, I'm waiting till price retrace back to the 100% Fib confluence with 50EMA and weekly resistance. I will look for signal to go short, with the weak outlook of GBP brexit aftermath.

tradeimx tradeimx AUDCAD, 60, Short , 8 months ago
AUDCAD: Short AUDCAD going well
15 1 1
AUDCAD, 60 Short
Short AUDCAD going well

Market is pricing 66% RBA rate cut. Price started to go down near the top trend line. Targeting 0.986 around daily pivot point for now

tradeimx tradeimx USDCAD, D, Long , 8 months ago
USDCAD: Buy USDCAD at daily 38% fibo, confluence with 200EMA
27 0 3
USDCAD, D Long
Buy USDCAD at daily 38% fibo, confluence with 200EMA

If there is no change in fundamental, USD will keep its strength. Right now looks like buyers are taking profit ahead of FOMC, giving good possibility to buy afterwards.

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