Despite positive GDP release for CAD - oil outlook in short term looks bleak. US data still more positive than what pundits made out too be by Auntie Yellen speech - where she literally laid down the law on Fed decisions. No more guess work on what the Fed are going to do; its all data from here. Expecting NFP to kick off head and shoulders pattern before...
Got sick of looking @ EURUSD. trying quick trade -trade your plan-
Trade to test sediment over signals. Bullish signals but will sediment drive price action down?
Big move to potentially come after Easter. Expecting price to slowly enter key support / resistance area of 1.10700 ~ 1.1000 area where MAs will meet again. Everything seems to be stacked towards an uptrend for Aussie - copper and metal ore futures improving ( at a glance ), interest rate and inflation outlook IMPROVING ( subject to more confirmation after...
Waiting for next entry as price retests triple top forming at 0.68800 region. Tight stop as won't be monitoring price action **Lazy post during holiday** Trade within you limits
In view that BoE budget will appease domestic interests and overall hawkish interest rate view while holding rate. Brexit sediment to ease with preferable talks and leverage over EU. Auntie Yellen USD neutral but less dovish from reduced fear of China sediments. Data still not solid except for employment. However all other data trailing so overall bearish -...
Looking to reenter @ .786 Fib retracement as price may bounce of MA on the 1 HR. If it breaks and solid confirmation candle closes beyond MA - I'm straight in short - otherwise wait. Might Miss this but this pair has been on other's radar for sometime now so all the best and good luck!!! --- Stick to your limits and trading rules---
Thought I'd try keep up my namesake and post an NZD idea. Looking to re enter another short position catching upswing volatility around / during / after announcement (circle area )- so I can keep my stops tight. Not too worried that I will miss this trade. Hoping for a double top at area where MA 50 and MA 200 squeeze together around recent resistance just below...
Looking at random crosses and found this........ USDZAR is a wild pair so enter at your own risk!
I am bearish with the Kiwi in the immediate short term. US data looks ok, not solidly good, but not bad either - outlook in US inflation and GDP skewed by oil and cautiousness from overloading on cheap credit. In the opinion that rate will hold at 2.5% with a bearish outlook in the short term. Unless there is a remarkable negative swing in outlook with...