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.
Little on the data calendar to wet the appetite in the coming session — Plenty of news led action to start the new trading week.
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
looking to re-short Eur pairs
analyzing
the cot report the market was short eu and this was tuesday data means
the move was meant to happen and try is an excuse
selling eu rallies on 1.1420-30 and 1.1510
gbp remains sell on rally unless brexit news happens 1.2975 -1.3070 potential upside targets on corrections
remain jpy dips buyer in crosses
have a nice week
Morning Harry.
I wouldn’t go over analysing the COT report. It’s neither a predictor or leader in what spot does.
but it is good to know where the big boys are just this ..morning ryan and appreciate your work as always
Agreed but the problem is that it’s old news in the main.
good morning!
Nothing changed during the weekend, USD buying remains. Opened the week with the nice USDTRY upside break and was taken out the USDJPY 110.50 stops.
I’m looking to short EURUSD and GBPUSD
Morning Flowsters
I was quite surprised to see a continuation of the EM moves (TRY led) last night. There was no real news to start it off but I reckon the market was hoping for something over the weekend from Turkey, which it got later but hasn’t made much of a difference anyway.
I’ve got to watch my USDMXN shorts carefully now as there’s two forces at play. The NAFTA and the general malaise. At the moment, the EM rout is the stronger for this pair so NAFTA may not bring as big a move as I would like (or now need). Any MXN gain on NAFTA might be sold by the EM selling crowd. To that end, I’m going to hold out as long as I can to see if we get a deal this week and I’ll likely get out on that move whether it gives me a profit or just reduces any losses.
Good luck all.
Good morning,
Short USDJPY still. This 110.10 to 109.75 is where it happens. Fibs, trendline support, the daily cloud. Through here should see an acceleration but since the market is so focused on trade and economic wars, techs should be given some leeway. I ‘m not only short due to the obvious but also keeping Japanese data , Boj looser grip on rates in mind.
Tiny short USDMXN again. A tad early but looking to add a couple of chips on the way back up to 20.Think Nafta not going to bad and when the dust will settle, MXN should gain traction again. Keeping it tiny as the market, especially EM is very volatile.
THere’s no good news out there so keeping the short risk, short EUR bias.
But be careful on the positions, EUR, US financial and political officials may not be far away with comments or even actions to ease the market stress which would see an equally wild round of risk short covering. Keep the attention high.