SIT_FX

SIT_FX Updated 

0.25% risk on 1st setup 0.50% Risk on 2nd setup Probably risk assets will rise until Tuesday/Wednesday London session, but following last weeks weekly candles, we are meant to close another bearish week.

SIT_FX Updated 

CPI coming as expected, showing a slowdown in eurozone. I still favor a strong US economy as data suggeested this and last week, so expecting a depreciation on majors against the greenback. As always, 0.25% 1st setup (1:2 with 50 pips TP1 for parcials), 0.5% second setup (1:3 with 100 pips TP1 for parcials). Updates to come.

SIT_FX Updated 

Feeling a bit of RISK ON sentiment this morning, based on Wednesday ADP the dollar is signaling no further rate hikes this year, but depending on the numbers on todays NFP, we might get that sentiment revoked. 0.25 % risk first setup (mitigation of beginning of the quarter manipulation) + 0.50 % risk on second setup | Both setups 1 : 3 RR Management comments to...

SIT_FX Updated 

Following up with our dollar narrative, all majors have taken a hit against the greenback. Time for NZDUSD, after last week sweeping the highs for some liquidity grab - and short order fills - above previous weekly highs ( to then close the week bellow these highs ) , we are now faced with a confirmation daily candle of a bearish continuation. Aligned with a...

SIT_FX

A lot to discuss in this trade idea, I will be posting a youtube video link in the comments in the upcoming days. Expecting a 30 to 50 % price decline for this asset, based on the current dollar narrative, crypto industry psychological sentiment / policies, and upcoming halving in April/May 2024. Price currently sitting at 2021 Lows and 200 weekly moving average.

SIT_FX Updated 

Euro claiming back 200 MA ( 1h TF ) after some end of quarter squaring and Q1 lows bounce, time to load shorts for an easy 1:2 ( First setup 0.50 % Risk ) or 1:3 RR ( Second Setup 1% Risk ). Narrative stays the same, Risk Off into Q4. US Core PCE Price Index | Data coming shortly pre NY session.