EURUSD settings using our strategy and refined parameters to maximise market edge on the 30M time frame on EURUSD . This can be done on any pair and any time frame with NO ANALYSIS !!
5,139% account gain since January 2020 based on 2% risk per trade. Current open position running +7.5%.
Meaning if you had started in January 2019 with a £500 account, this would...
GBPUSD H1 - A slower moving pair for NFP, also on a breakout price. Sat on support currently at 1.32600. Looks like a bullish break and retest. But could easily be fuelled by NFP (positive) to break support. Literally just have to wait and see what the data brings, and try and snip a small slice of the cake.
Please be aware of the current situation on CADJPY and make sure you monitor the price. If this pair manages to hold below this key level marked, then you could consider a selling opportunity into the next key level marked.
According to COT data source - 63% short
NFP last week took out stops and caused some panic. I am expecting this to be settled this week with the longer term outlook coming back into play
Looking at the dollar I am expecting a reverse in Fibre as outlined
See annotations, and linked idea below.
The QE announcement will have an effect on the longer term value of the pair; we will outline the possible effect on both scenarios.
We believe QE will not go ahead any time soon, if it does it will be announced mid next year (June) – even though very unlikely. However, we can expect a gradual decline in interest rates...
Here you can see 4 charts 1 is DXY and the rest that seem to be in good corraltion into what we see! But only at certain points! (THE ARROWS) Are not signals for BUYING or SELLING so do not take this as a signal which it isnt;
With NFP today It will be a very good way to see what will happen to DXY and other currencys we see XAUUSD (GOLD) move like a lion...
We have various indicators of a reversal:
• Divergence in play
• Potential reversal channel in line with the divergence
• 200 EMA acting as our resistance in target area
• Price level 1.30750-1.3000 has been a key Support/Resistance level since 2016
• Oil prices looking bearish which influences the value of CAD
• NFP positive speculation for the USD...
weekly chart is showing usdcad in a bullish flag pattern.
daily chart shows that usdcad entered an ascending channel which broke out and retested the trendline.
however enter at your own risk as NFP is due on a Friday so anything can happen.
The announcement of the Federal Open Market Committee (FOMC) Fed meeting results was the main event. As we expected parameters of monetary policy were left unchanged. As for the comments, the Fed has been extremely positive about what is happening in the US economy recently. At the same time, the Central Bank noted weak inflation indicators, which were perceived...
After a successful short yesterday, it is now time to go long on this commodity.
I have 4 entry zones and already have met 2. The more entry zones met the bigger the move to the upside will be.
Risk management is key on a trade like this.
Trade safe and good luck!