enhokuo

enhokuo

1. Why are you buying/selling this pair FUNDAMENTALLY? I like the fundamental strength of GBP - ever since the Toris party won the majority seats in 2019, the most they ever had since Margaret Thatcher, now the Brexit is for sure and once we have more certainty into the sentimental factor, the shift will slowly turn back to the fundamental side with the BOE...

enhokuo

I'm interested to short EURUSD because - right now the only upcoming geopolitical event is the U.S & China trade deal which if all goes well, it will boost the global economy and USD -The Christmas rally and the fact that 2019 is another great year for U.S equities will lure more money inflow for 2020 into U.S market = demand for USD -U.S economy is still...

enhokuo

This trade is the same idea as NZDJPY long but just an alternative for JPY SHORT We still like NZD as The sudden shift of RBNZ from dove to hawk better economic picture recently - but cautious that we will see new GDP this week and that can shift the whole sentiment, only rade it if you're okay with this risk risk on sentiment surrounding with U.S & China...

enhokuo

After last week, the market is not in an uptrend mood from -UK Election -U.S China reached deal phase one -Positive Chinese data today -Global equity market green and we contineud to see safe heaven currencies go bearish, JPY, CHF, EUR, USD while risk on currencies bullish, particular in NZD Because of that, I decided to enter a NZDJPY LONG trend to ride on...

enhokuo

Everyone already knew the result of UK election and what made it went so high. However, I'm entering the PENDING LONG now for the future potential of GBP. -Now that Troy party has won, we can be sure to see the final chapter of Brexit and if there is anything the market likes, that is certainty over uncertainty. -GBP has been oversold ever since the Brexit...

enhokuo Updated 

we have a turnaround in the risk sentiment today from off to on from Asia session all the way to U.S. The catalyst is -better progress in U.S & China Trade Deal -better poll for UK election for Conservative Party However, with that being said, the risk on currency such as AUD is still in red today from * disappointed Retail Sales m/m * disappointed Trade...

enhokuo Updated 

****same idea as the Potential EURNZD SHORT but this one is most likely not going to get filled, because we're using OCO so EURNZD SHORT has higher chance to get filled**** we have a turnaround in the risk sentiment today from off to on from Asia session all the way to U.S. The catalyst is -better progress in U.S & China Trade Deal -better poll for UK election...

enhokuo

This week is jam-packed with economic data release from FOMC to ECB to UK election, because of that, if you're a swing trader, better to avoid putting new trade on USD, GBP & EUR. AUD is my targeted short currency because -2 negative surprises last week from the economic data release -the current risk-off sentiment CAD is my targeted long currency because...

enhokuo Updated 

I entered a pending short on AUDCAD from Nov 22nd two weeks ago based on - The fundamental weakness of AUD from the RBA minute that had revealed the discussion of possible rate cut during the last meeting, and the prevailing analysis of rate cut to the next meeting. -The previous market sentiment over BOC dovish stance, to the newest comment by BOC that the...

enhokuo Updated 

My EURUSD Pending short is still in play. The reason is because regardless of all the risk on/off sentiment, USD remains to be the strongest currency atm. 1. U.S Equities at all time high U.S is the place to buy stocks for global investors, and that means they have to exchange money into USD. 2. U.S still the safest place. With the current trade war...

09:49

enhokuo

Fundamental U.S & China Trade Deal might finalized after 2020 U.S election, according to Trump - which put a lot of pressure into the global equities and major currencies Trump threatened to put Tariff into European Market ECB is dovish Brexit and many other geopolitical events within the EU; Ukraine, Italy etc Many tire one data to come this...