Here are today’s Trading views and Ideas for the day ahead.
Let us know what you are looking at – Charts – Trade chatter – Trade positions.
The Flow traders are available throughout the day to help out with your questions – Share trade set-ups and keep you updated on positions. — Participate in the comments and help make this new daily feature a one stop companion to your trading sessions.
Friday eve and the dog days of summer are truly with us.
Latest posts by Horatio Dubsly (see all)
- Silver – This weeks shining star, as predicted by ForexFlow - July 19, 2019
- 新年快乐 财源滚滚 大吉大利 A Happy wealthy healthy New Year to all our Chinese friends - February 4, 2019
- Gold and Silver – Glittering prizes? - January 28, 2019
morning all
we are at the ceiling eu i see no follow through past 1.1713-30 … this meaningless ecb report is perfect setup for sell on rallies
buying dx dips
waiting to hear carney and selling gbp rallies
Good morning everyone
Today short EURUSD 1.17 short EURJPY 129.40
Still short USDTRY, taken some profit at 4.66.
Still short oil but starting to have second thoughts.
small update
– More USDTRY shorts closed 4.624 and 4.6022 not a lot left now
– Added to WTI shorts 74.45 closed 73.98 Seems we are stuck in a 73-75 range for now. Will evaluate what to do with this trade after EIA later today
– Small SP500 short 2730
I’ve just bought the dip inventory dip in Brent as the Iran news might spice things up if it escalates. Much like most trades this week, nothing big and I’m keeping it tight. Long at 77.62, will add at 77.10 and stop if 77.00 breaks. TP back into 78’s.
Out half the long at 78.32. Will knock out the rest if it fails to break the highs around 78.50.
Nice work, that was a quick trade. Iranian issue is what worries me the most, if they close or seriously threaten to close Strat of Hormuz things will get ugly real quick.
Thanks. That was my thinking last night.
In the end I scrapped the rest at 78.20.
Closed some more 72.60
Bearish if we close below 73 i think
Well played too.
I think we see some sideways action for a while now and will just bounce between headlines.
Good morning all
I was stopped out on my cable short. I could have taken a small profit on the average when the price was down near 1.3200 but I decided to see if we got a little move under. Twas not to be though. At least it gave me something to watch yesterday in an otherwise dead market.
I still like Harry’s topside call in EURUSD the 1.1700/30 level has already shown its colours today. I’m a little late to that party so will see how the price reacts if we get a second move into 1.1700. I would have preferred to try and catch the first one so I’ll be much more cautious of another run higher. Might only look to go fishing into 1.1720/25/30 as I can keep a tighter stop above that 30 level. I’m still not really interested in getting into any trades in size at the moment. The conditions don’t warrant higher risk so I’m happy to scratch around.
We’ve Carney up shortly on one of his trips around Britain. I believe there is prepared text so we’ll get that out in one hit at some point.
Have a great day all.
thanks ryan for providing us with good informations
My pleasure Anwar
Morning folks.
Still long CADYEN`s from 83.950 filled on a pending, looking for 84.330. keeping the other long from 82.9194.
DXY fut`s still making it`s mind up. Short CFD from 95.09. Stop pulled down to 94.95 to lock in expenses against the risk that hedge funds might reload longs and push for 96. NFP`s are the most likely near-term event to help them dip their toes again or start to take profits.
Guppy pending filled 145.9983 pivot. The pivots are still playing a big part across so many pairs.
Looking for Carney to at least NOT pour cold water on the recent hawkishness today. So am looking to sell into that via Cable with a pending short 1.32938 as profit taking should come in ahead of this cranky cabinet meeting. Guppy is now to break-even. Back later to deal with that.
Might reload WTI`s long. $73 should be the tough nut. Now that 75 has been toasted, I see no reason for oil not to resume the upside unless of course the Venezuela/ Iran picture changes for real.
Happy hunting y`all.
No great position thinking from me. As implied in the header I’m very wary of this time of year .
I ramp up on my scalps / short term positions and take smaller medium term bets. The only way I can suffer the summer period. Not to say there are not tradable moves, just to be extra careful .We keep our heads above water in the room by being vigilant and not getting carried away by the PA at this time .
Ditto.
Bless you ? Hay fever season
hello everyone. Cashed good pips from EURUSD long, EJPY long, GJPY long.
Left long Betty, short UCAD, short UNOK, long small gold. Longer term the same long AUDNZD, long DAX, long GBPCHF.
And reloading now long EURUSD 1.1687 (half) and short UJPY 110.61 for scalps
Hi(gh) Five, longer term long GBPCHF, I like that (looking quite urgently for longer term pos. swap diff. cc).
Targets 3150 (right now), 3240-ish, ~34, ~35 & 3580-ish.
Assuming GU having found a floor at the 31, and CHF not significant appreciating in near future, or better, still weakening further (SNB).
You eying GBP recovering into 35-36 ?
I would like entry at ~31 (at 100 HSMA).
yes AGP. First meaningful resistance imo 1.3350/1.34 on cable and then 1.36. GCHF will likely follow cable if Jordan et al keeps UCHF supported, say not below 0.97
GCHF 1.335 as first target and then I’ll reassess
Thanks !
Major risk component would be G-pol in all sorts and measures and E-pol (tariffs) for CHF, and Brexit and BOE (re-turning ultra dovish) for Pound.
I would need a meaningful GU dip to get it back towards ~31.
Checking out RR ratio’s for diff. entry levels, assuming sl somewhere at 3040-ish
yes, on GBP the bet is mainly on the nature of Brexit imo. Time is running out there and the bet will be either on a soft brexit or a no deal/hard Brexit. Of course GBP up strongly in the first case and down big in the second. I’m betting on a soft or anyway GBP positive Brexit. Ready to close the trade in any moment anyway if the mkt says so or if major negative news on Brexit appear
Yep.
GCHF 3350 is 50 fibb. (3634-3054).