RemixTrades

RemixTrades

GBP/CAD had a great fakeout last Thursday. The daily chart looked like it was breaking to the upside. The Canadian jobs report came in on Friday and smashed those dreams (and this is post a Ivey PMI that came in on fire @ 62.5). With oil holding steady, this is one of my high-conviction trades right now. I'm looking for the UK election gap to fill on this pair,...

RemixTrades

The USD/CAD left a beautiful outside reversal daily candle last Friday. This was after a solid jobs number from Canada and while USD strength was seen across the board (due to the US's own good jobs report number). Drilling down to the hourly chart, my plan is to sell any retracement to the 1.2370-80 zone, targetting 1.250-70

RemixTrades

If we break down below 11,150, we'll likely see 10,786 and below on the DAX. It would likely find some initial support at the next order block and 161% fib extension of the recent upswing. Given that Greece decided to bundle its payments to the IMF, the uncertainty around this issue may drive this leg down. Until now, Greece had been all about "talk". Now that...

RemixTrades

The short-term daily bias for the USD is now bullish. The daily chart shows a possible "buy program" - as defined by TheInnerCircleTrader. On the hourly, a retracement into the 61-78% fib zone of the recent impulsive up move (post NFP #) will likely get bought. Baseline scenario is that the USD takes out the stops above the recent highs on the hourly chart