marketswzrd

marketswzrd

Got stopped out here as well. Will be monitoring DXY closely to see if my risk off dollar strength bias is still viable

marketswzrd

Got stopped out here eventually, still have short bias though. Keeping it real here in my "blog" lol

marketswzrd

Running in good profit here, although longer than I expected. Moved my stops slightly below entry to cover the swap fees

marketswzrd

Still holding sells on XAUUSD. Dollar strength is getting abnormal mass bullish sentiment, which sets the market back into risk off regime and thus dollar long plays have become the thing to capitalize off of.

marketswzrd

Still holding my shorts patiently. Dollar strength is getting abnormal mass bullish sentiment, which sets the market back into risk off regime and thus dollar long plays have become the thing to capitalize off of.

marketswzrd

Probably a perfect shortsells setup is lining up on BTC. Dollar strength is getting abnormal mass bullish sentiment, which sets the market back into risk off regime and thus dollar long plays have become the thing to capitalize off of. Ideally would love to see the break below the trendline and a following up retest to enter any positions.

marketswzrd

Finally entering longs after monitoring the pair throughout the week. All the levels are displayed on the chart. Profitable trades, everyone!

marketswzrd

Has not much changed on GBPUSD either, as the pair has stuck in the range of $1.2460-1.2425. Waiting for the cable break either above or below, nothing else until then.

marketswzrd

Still holding my shorts on EU patiently, as the general price action has not violated the underlying confluences. Keeping all posted

marketswzrd

Finally entered shorts on XAU, as I have been watching the price action's failure to break above $2398 resistance. Hard to shoot for anything long term as the Iranian unfolds. My targets are around $2260-$2280 area of demand with the stops right above the wick of the supply. Happy trading!

marketswzrd

Couldnt get the pair trading closer to the anticipated area, but we are forming lower lows, so might get an entry around $1.24600. London session will be the decider.

marketswzrd

Entered the shorts here as per the explanation yesterday. Shooting for 4 RR on it, but lets see what the price action decides to develop into. Will be moving my SL alongisde the LL & LH formation, nothing crazy

marketswzrd

We might get weakness here, simply due to the fact how technically overextended the pair is. Fundamentally, we are anticipating rate cuts, so that helps in forming the bias. Monitoring $105.95 as of now for further confluences, as it will help me form an idea on the rest of the pairs in the Dollar basket.

marketswzrd

Still monitoring Gold closely with a heavy bias towards shorts. Technically the price has retraced back up from the lows and is nearing the supply zone @ $2398, from where I would Ideally seek an entry. Patience is key, have an alarm set for that price level.

marketswzrd

Anticipating longs here, but not so sure on the momentum side as the pair has already overextended upwards and a retrace is very likely to happen. Gotta keep an eye on it

marketswzrd

Ending the week with a strong downside momentum. Dollar weakness here again. Will try to short it to the 61 fib levels next week

marketswzrd

Momentum continuation off of USD weakness. Should we start a community?

marketswzrd

Above is a view on GBPJPY for today. Key areas as well as the expected price action are mapped out and any feedback is more than welcome. Happy trading!