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morning all
selling dax rallies
selling eu above 1.18 it wont sustain for long .1.1814-30 area the correction is done time to go back … be aware of sudden report reversing the sentiment ….
the usd will come back
si please give dubs his yellow arrow back
Best I dont complain too vigorously . The last time, they locked me in a room with nothing but crayons :))
Good Morning re cable today, everything revolves around Brexit and the Irish border question. Theresa May is off on a Jolly with her G7 pals to Canada. Her boyfriend DD is in the huff and about to get chucked. We’ve just broke the 13440 level. Is it a buy the rumour sell the fact day? Will May make a statement or will she wait till the weekend. She is such a tease sometimes. Anyway my bias is long again on Cable but ready to pull the plug at any time.
pound long still for me today a bit disappointed yesterday at the lack of decent swing to the upside in fact the pullback was making me nervous but the 1.34 level held firm and today we may see a push to the 1.35 level
Let’s see.
Long EURNZD yest @ 1.67 SL below 1.66 TP1 1.6845 TP2 1.6940
Long EURAUD in Asia @ 1.5395, SL moved to breakeven, TP 1.5491
CADJPY second short triggered @ 85.50 (Avg 85.25), SL @ 85.15, TP1 84.45, TP2 84.10
ES long closed @ 2777. Might go short around 2785
GBPJPY short still open, SL remains above 148.20
Good luck all
EURAUD long closed @ 1.5495 for +100 pips
CADJPY closed @ 8470 for +55 pips ahead of Job report tomorrow
EURNZD long approaching TP1
Great stuff Besty
Thx Si 🙂
Smashing it Besty. Well played sir.
Thx Ryan 😉
Good morning,
traveling very light as I was off .
-Half tp done on both audusd(0.7677) and cadjpy (85.50) rallies yesterday. Tiny left on both.
Canadian Financial system review shouldn’t cause to many waves, nor Poloz commenting on it but who knows.
-TP done on audnzd on a trailing stop @ 1.0875.
-Sold EURGBP @ 90, continue to trade the range, stop and reverse if Pm May tells me so ….
Guess today it’ll be more politics trading as G7 leaders arrive in Quebec. I remain in the sell USD rallies isolation camp for now.
yes Kman will sell as much as dollar today. I think we are starting a big sell move in the dollar
I tend to agree USD will remain a sell on rallies unless DT makes 180° on trade.
In the meantime CADJPY stopped the other half at b/e
And I forgot to add I still have my gbpnzd long running in my slow cooker
Fine morning to all
Some levels being tested as I sit down. GBPUSD into that 1.3450/60 area I highlighted yesterday. High so far is 66 and we’ve found some resistance.
EURUSD hitting that 1.1825/30 level, also mentioned last week. The 38.2 fib of the downtrend is at 1.1855.
I’ve taken a bit off my EURUSD long at 1.1828 and entered a separate small short there too, with a tight stop at 35.
That was quick. Stopped on the short.
ill hold mine 1.1830
7 pips stop is really too tight for this pair movement….IMHO….!?
is it the end of the correction or eu is gonna test 1.1855 area?
We’ll have to see HS.
haha i laugh at myself after asking you that question… is like asking you who is gonna win the world cup this time around…
Haha, I can tell you who won’t win the WC 😉
italy
Hmmm … what a nasty and unnecessary remark you’re making there !
Hope EU will hit 1.25 today … (gna gna)
i am an ialian fan in wc … and i am sad..and juventus my favorite team
haha… really… then i can make a bet on that haha…
i have sold a lot of eurjpy today in anticipation of a major move to sub 127. I believe usdjpy will show the way in that downside
David David about to resign today, news on the street
I’ve been thinking about the possible market reaction to this William. I think on balance it would be GBP negative but the market may see it as more soft exit positive.
Yes, I agree. Could go either way. I am out with a few pips at present. I think there is to be an announcement soon. There is a meeting in Downing St at present. Will there be a leadership challenge on the aftermath?? Interesting at least we should see some movement ;>
BTW William, H gave me a nudge about your enquiry about the live room. The room is in partnership with Mr Top Step so the sign up is via those folks. Once in the platform, You’ll see a “Rooms” in green, click that and you’ll find our ForexFlow room.
Thanks Ryan
was also thinking about taking a look is that the link on the live feed on the right hand side?
That’s right Jack.
– AUDNZD took profit at 1.09 and long again here 1.0858
– short UJPY avg 109.98
– short EJPY at 129.7 that might get me in trouble, 130/130.3 should have something to say there
– short UCAD 1.2956
– long GBPCHF avg 1.316
– I have 3 mexican midgets shorts on UMXN too
no u are safe with eurjppy. infact if 1.2942 breaks we have big downside
Excellent
Turkey CB raising 1 week Repo rate by 125bps to 17.75
Well done Marek.
Cheers, Im glad it worked. Went with 5x my usual trade size for this one
Howdy folks. Not a lot of sense to what`s going on out there, so I`m sitting on hands to let it all settle down. Not in the mood today for quick-fire scalps, taking bits here and there. Took a long CSADYEN this morning and ditched that for a small chunk to stand-aside. So all I have with a great week so far is the short DXY CFD from 94.04. Took all my powers of self persuasion the prevent adding on that spike higher.
Wait for this to settle and welcome Uncle Sam in. See what he thinks of it all.
So if anyone`s flailing around in this, best of luck. You`ll need it 😉
Brexit / Brides Nightie time again. Cable touched the 100 1hr sma then retraced. can it get back to the earlier high? Watching DXY and the USD unemployment figures for a real indication of where the market is going. Still thinking long.
Anyone seem a yellow arrow?
It swallowed my short ;>
thank you for giving back dubs yellow arrow .. told ya ill use my wand to help
Guys, Looking for a long on AUDJPY at around the 100 hr SMA if it gets to 8381 then I am in. Currently 8394
Relentless ramping below 110 #UJ. How long can it hold?!
CAD: not liking this Oil breakout much!
PMs: While Silver was flying, breaking above 200dma, the worthless metal called Gold was taking a nap. Complete disconnect. Still cannot hold its foot above 1300!
surprised that it cannot hold gold ? been selling every thing that hovers above it since monday lol told ya
U mean it* right? U referring to Gold or UJ. If UJ, the break was inevitable & it could be the start of a major YEN leg higher. If gold, the rally is coming very soon imo and likely to be massive! U just have to look @ usdchf to anticipate what’s likely coming soon lol
gold my trade idea of the week selling rallies above 1300 and if this the remains till next week 1257 is coming
Anything’s possible, hence the SL. I don’t see any significance for 1257 on my charts but that’s just me! Just make sure u keep ur stops tight as well 😉
i have another opinion on charts … technical s work once twice but the orders the volume the fundamentals who the draw the charts
Again, I take fundamentals into consideration but I base my trades on technical. I cannot say that I’m a long term trader
yes but you do good work besty ..one of the best around
Let’s watch GJ reaction below 147 now lol
i am out of it i sold eurjpy morning working pretty nicely kept my tradings light sold dax cac 40 and eu and eurjpy all worked
GJ is putting one huge bear flag on the daily which if triggered could lead to a significant drop. Short since yest. I was also short GU from 1.3464 and decided to close it and leave GJ open. Protecting profits now. EJ 129.40 is the next trigger lower
i am with you on the massive rally but ill start buying it at 1260
Well, I wouldn’t be surprised if I saw one last leg lower, but i doubt it will go below 1270. We’ll see. I’m ready for all kinds of scenarios
Summary of previous go with the flow post:
jpy.nok short from 0,0763 (30th of may) got hit by sl today at 0,0734 for a nice trade. eur.mxn short from 23,94 stopped out 24,02, at new short at 24,19 with sl 24,24. Still have some eur.chf long from sub 1,14 and up to 16,20 (last one 28th of may). out of chf.nok short from 8,33 at 8,19. Eur.nok short going nowhere since its meeting a brick wall at 9,47 again and again 🙁
Not much left at the moment and ready to reload jpy.nok shorts if they have a nice spike og maybe add eur.nok shorts below 9,45 if thats will be the weekly close..