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.
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China markets catching a cold in Asia. European and US equity futures following suit. Yen and gold finding some safe haven luv .
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Ahoy hoy
Busy day in Asia ….We do get them now and then 🙂
I grabbed $5 in a gold long. Holding on to half and monitoring closely. I will add back on a break out above the 15 Oct high point.
Sold GBPJPY in the US session in our trading room and closed a few hours ago for +80.
Long EURNZD from yesterday failed to get going and stopped me to day for -18.
Entered long EURUSD at 1.1453
Holding — Short Dowj US30 – Short USDCHF 0.9972 – Short USDCAD 1.3105 – 1/2 position short AUDCHF 0.7063 ( half banked)
Added back to full position on the gold breakout here . Tight stops in case of a fakeout
GM all
Lots to chew on today. Position babysitting while looking for the next entries.
USDCAD short – happy to hold. Would like to see a move under current support at 1.3080 as that will take some further steam out the CPI rally.
GBPUSD longs – Looking to add at 1.2920
NZDUSD short – Cut some on the way down yesterday and it bounced right on the 34 support highlighted yesterday. If we get another test there I’ll slice some more. I’ve moved my stop to 0.6580 now, so +15 in profit.
USDCNH – shorts. Still happy with though e do seem to be constantly pushing the 6.95 level so a break is possibly coming.
Other things I’m watching – EURUSD may have already had another test of the 1.1430 low with the move to 39. I’d be mindful of another quick return there. I suspect there may be some stops lurking through there too now.
AUDUSD 0.7040 was in the frame earlier but we’ve moved away now. That’s been very strong support. 0.7040-0.7150 is the range to trade.
Have a good day.