USDCHF will most likely continue to rise meaning that the main objective is the Bullish direction, I wouldn't consider taking the countertrend move even though it's optimum but not worth it. It's safe to wait for a Triangle correction pattern completion before buying still keeping in mind the fact that waves 1 and 4 never overlap.
Hello all, welcome to today’s update. Today’s video focuses on the USD index after buyers made another strong move in yesterday’s NY session. In today’s video, we run over the price current price action and trend structure after buyers made a breakout yesterday, clearing 109 resistance that held buyers back during this week. The USD continues its fantastic run...
Welcome back! Let me know your thoughts in the comments! **AUDUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
In this video I breakdown some headlines to look out for that should move the oil market one way or the other. I also run through the USD situation right now and explain how that could create moves in the oil market. Then I run through the chart to show you what I'm looking for to enter a trade.
Welcome back! Here's an analysis of this pair! **USDCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
Yes, tomorrow is gonna be a HUGE daY. Tomorrow is judgment day, we like to call it D-Day because one cannot ignore. So here we go: ⚔️Tomorrow, Friday the 3rd/June is the Employment report for the USA, the all-mighty NFP ⚔️ Tomorrow will be HUGE HEADLINES therefor. ⚔️ Not interested about headlines? ⚔️ Well take a look at yesterday's massive dip because of this...
We approach US NFP this month with USD very strong at 98 on the Dollar index. Most of the USD strength is on the back of EUR/USD selling which is at the key 1.10 level ahead of the US Jobs number. Forecast at 400k the cleanest pair to trade is USD/JPY which will go up if strong or down if weak. But given we in uptrend on USD if the number is weak but doesn't...
Hello Traders! As you know i'm only focusing on GU and UJ this month. We have been anticipating a GU sell and UJ buy since last week. Here the opportunity finally presented itself. Now next week we will talk about what's next.
Hello Traders! Some early price action here. London Open we get to see how it reacts, after dropping quickly away without finding a discount area. Price did not hang around M.O.P for too long as you can see.
Sharing here live NFP trade I've learned from Wayne Mcdonell of FX Bootcamp in trading Non-Farm Payroll.
Tomorrow morning we get the July jobs report at 8:30a ET. Here are some ideas on how to trade pre-market economic data releases. Hint - you're gonna need to trade futures.
US100 = 15,210 NQ = 15,200 Lots of liquidity building above current price, we just need a good NFP, unemployment and wages number today. Going to sit it all out until after the Initial Balance and then see how much room to the upside is left. Obviously a lot changes after Tier 1, so we cold possibly test yesterdays balance area that built before the US open, in...
Peak and trough analysis on the monthly chart puts gold in a downtrend. The weekly chart is also at a key level when considering the triple moving average system. Moreover, it has an extremely strong inverse correlation with the USDOLLAR on the daily timeframe. Given this, the NFP print tomorrow is likely to impact on gold as the USDOLLAR reacts to the release....
Long Term View Looks like a possiblity of going long is on the cards after July NFP
Elon tweets, Bitcoin drops. Big day for the dollar, charts will follow. the FXPROFESSOR
In this video we look ahead to NFP and share our insights into how the market could move during and after the NFP report. In this video we look at EURUSD levels to watch, however its important to be considering all USD pairs (and stock indices) for how they may move in response to the NFP report later.
This NFP has an extra layer of expected Volatility and importance attached to it. For starters, there will be speech from Jerome Powel (president of the Federal Reserve), 90 minutes before the NFP announcement. For any experienced trader this makes things even more interesting. Take a look at the video and the Dollar index analysis and the rest will make...
Analyzing the effects of the recent NFP reports on the USD, other major currencies and Gold most especially.