In Pirate Speak…
Here be today’s Tradin’ views and Ideas fer th’ day ahead.
Let us be knowin’ what ye be lookin’ at – Charts – Trade chatter – Trade positions, buried treasure .
Hoist the mainsail! Fire the cannons!
Th’ Flow traders be available throughout th’ day t’ help out with yer questions – Share Parrots and trade set-ups, and keep ye updated on positions.
Splice the mainbrace and Participate in th’ comments and help make this new daily feature a one stop companion t’ yer tradin’ sessions me hearty’s …….. or walk ye th’ plank.
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https://www.tradingview.com/x/1najSvLm/ usdcad is cracking , keep buying aud nzd and cad
Good morning all,
Keeping JPY shorts. Kuroda maintained the whole lot without hinting at any more leeway on anything.
Long USDJPY, AUDJPY, CADJPY. Waiting for UK data to maybe even add GBPJPY.
Short EURNOK but will scale back most of it ahead of Norges bank tomorrow as we may get a buy the rumour sell the fact little rebound, which I will use to sell into again.
Another speech from Draghi today, but nothing to expect on mon pol imo.
Data slowly heating up, range trading EURUSD inside 1.1650-1.1720 until further notice.
Stay safe and happy hunting pirates.
Belated GM trading pirates.
Good to see the old traditions going strong.
Still only got USDCNH short on the books.
I’m most annoyed about cable and not picking a level to get on the train last week. The dips are too shallow for my liking to jump on so I’m sitting watching it roll higher. I’ve just got to hold my discipline and patience and wait to see if an opportunity presents itself, as long as the reason for the dip isn’t a game changer.
I feel EURUSD is still primed to make a push higher too but that 20 level is solid as a rock. Each test and failure increases the likely volatility if it does break so be careful if you’re shorting against it. It’s often worth tightening your stop each time. That said, we have the 40/50 level after so there’s going to be a lot of noise around there. I’m more and more thinking of dropping in a buy stop at 1.1755 just to catch a break.
As always, I hope you navigate the trading seas well plundering plenty of pips 😉
Ahoy hoy shipmates.
It’s been a good start to the week on the smaller scalp trades. I’m not in a hurry to set my sights on anything more substantial. Changing bias during the day and trading the short term momentum has been working well.
I have a short in EURNZD that I am daring to hope goes on to bigger things, but it is making heavy weather of breaking down and running. – EURAUD has been more successful to the downside so far.
USD is under a little pressure here and EURUSD, cable, Aussie, Kiwi look supported and reasonably comfortable for now.
USDJPY is frozen to the spot after BOJ and doesn’t know what to do …. so the JPY crosses should follow the majors until it makes its mind up.