BeSomebodyFX
We are long CADCHF. Trump's got a deal with Mexico to delay the tariffs. That makes a deal with Canada too quite likely now. Target 0.6380
We have the stop loss at breakeven already on the CADCHF longs.
Very early on the trade, and still quite near entry.
But necessary given the risks ahead
Very early on the trade, and still quite near entry.
But necessary given the risks ahead
BeSomebodyFX
We are long CADCHF. Trump's got a deal with Mexico to delay the tariffs. That makes a deal with Canada too quite likely now. Target 0.6380
You’ve probably heard already.
Trump’s got a deal, and tariffs delayed on Canada too.
So there you go, that’s fundamental analysis.
Build a thesis, trade that thesis
Trump’s got a deal, and tariffs delayed on Canada too.
So there you go, that’s fundamental analysis.
Build a thesis, trade that thesis
BeSomebodyFX
We are long CADCHF. Trump's got a deal with Mexico to delay the tariffs. That makes a deal with Canada too quite likely now. Target 0.6380
We have the stop loss already trailed in profit on the CADCHF longs.
Canada labor data ahead could pivot sentiment around if it prints too soft
Canada labor data ahead could pivot sentiment around if it prints too soft
BeSomebodyFX
We are long CADCHF. Trump's got a deal with Mexico to delay the tariffs. That makes a deal with Canada too quite likely now. Target 0.6380
We just took profit on CADCHF.
Have a great weekend everybody
Have a great weekend everybody
Guys, in case you don’t know.
We have a YouTube channel that’s getting populated with insightful (and actionable) educational content about fundamentals, here:
https://www.youtube.com/@besomebodyfx
Make sure to follow us there too
We have a YouTube channel that’s getting populated with insightful (and actionable) educational content about fundamentals, here:
https://www.youtube.com/@besomebodyfx
Make sure to follow us there too
And by the way, ready for more tariff headlines next week.
If you want to FULLY understand what it means…
Make sure to watch this video right here:
https://www.youtube.com/watch?v=SMyWvJzKR7E
It goes in depth into what risk sentiment is and how to use it in your trading (with a VERY fitting example)
If you want to FULLY understand what it means…
Make sure to watch this video right here:
https://www.youtube.com/watch?v=SMyWvJzKR7E
It goes in depth into what risk sentiment is and how to use it in your trading (with a VERY fitting example)
BeSomebodyFX
Lots lined up for a decent mover higher this month
GOLD reaching 2900, as expected.
And we’re now extended the target to 3000
And we’re now extended the target to 3000
BeSomebodyFX
GOLD reaching 2900, as expected. And we’re now extended the target to 3000
Position in the macro direction.
And let the market work for you.
That’s swing trading when done right
And let the market work for you.
That’s swing trading when done right
BeSomebodyFX
And we’re now extended the target to 3000
Media is too big
VIEW IN TELEGRAM
Why are we extending the target?
Basically, London is getting into a shortage of GOLD, why?
LOTS of demand from everywhere because of Trump’s geopolitical risks (sanctions, tariffs, you name it)
And the shortage fuels even more FOMO to get a chunk of it as soon as possible.
It’s a macro bull run, a big one.
In the video above you can see the Bank of England addressing the situation (and acknowledging the large demand) in their press conference from February 6
Basically, London is getting into a shortage of GOLD, why?
LOTS of demand from everywhere because of Trump’s geopolitical risks (sanctions, tariffs, you name it)
And the shortage fuels even more FOMO to get a chunk of it as soon as possible.
It’s a macro bull run, a big one.
In the video above you can see the Bank of England addressing the situation (and acknowledging the large demand) in their press conference from February 6
We are long the S&P500.
First…
Tariff risks greatly reduced after Trump’s announcement yesterday (recirprical tariffs to only go into effect in April, which gives plenty of time to negotiate a deal)
Second…
The CPI and PPI components that feed into core PCE (the FED’s favorite inflation metric) were all soft and now core PCE forecasts have been revised to as low as 2.5% yearly reading.
And third…
Technical break of the corrective structure yesterday.
Target 6300
First…
Tariff risks greatly reduced after Trump’s announcement yesterday (recirprical tariffs to only go into effect in April, which gives plenty of time to negotiate a deal)
Second…
The CPI and PPI components that feed into core PCE (the FED’s favorite inflation metric) were all soft and now core PCE forecasts have been revised to as low as 2.5% yearly reading.
And third…
Technical break of the corrective structure yesterday.
Target 6300
BeSomebodyFX
And we’re now extended the target to 3000
Meanwhile GOLD getting comfortable above 2950, reaching for 3000
BeSomebodyFX
Slow but going
Why the sharp sell off in the S&P500 yesterday?
High inflation expectations, soft growth…
Leads to stagflation fears.
A bit overexaggerated tho.
We are still long and expecting this move to fade next week.
But will stop out if the stop loss is hit (obviously)
High inflation expectations, soft growth…
Leads to stagflation fears.
A bit overexaggerated tho.
We are still long and expecting this move to fade next week.
But will stop out if the stop loss is hit (obviously)
There’s a BIG macro shift happening behind the scenes guys.
I’ve written about it in more detail on our Substack, here:
besomebodyfx.substack.com
The story is clear
I’ve written about it in more detail on our Substack, here:
besomebodyfx.substack.com
The story is clear
BeSomebodyFX
We are long USDCAD Very simply, Trump refreshed (about 40 minutes ago) once again the tariff threat on Canada At this point it doesn’t matter whether he’s telling the truth or not What matters is that the risk is imminent and the uncertainty real And so…
We have stop loss slightly below breakeven already on the USDCAD long.
In hindsight should have shorted AUDUSD or NZDUSD as the China tariff are more likely to end up going through than the Canada ones.
But either way, next week will be lively with the March 4 deadline (for Canada) anyway.
Have a great weekend everybody
In hindsight should have shorted AUDUSD or NZDUSD as the China tariff are more likely to end up going through than the Canada ones.
But either way, next week will be lively with the March 4 deadline (for Canada) anyway.
Have a great weekend everybody
There it is guys, March is starting, Trump will decide on tariffs today, and we just opened a few extra seats to join the Private Network right now…
What's that? Basically the Private Network is where you can follow all of our trades with EXACT entry and exit details, along with daily briefings and insightful market discussions to keep you on top of what REALLY matters in the markets.
Here you can read more about what we do:
https://besomebodyfx.com/what-we-do-in-the-private-network/
And here's what traders say about us:
https://www.trustpilot.com/review/besomebodyfx.com
So, if you want to follow more of our trades, learn from what we do, and be around other professional traders to trade smart…
You can reach out @JayRally right now to join right away, NO more seats until May
What's that? Basically the Private Network is where you can follow all of our trades with EXACT entry and exit details, along with daily briefings and insightful market discussions to keep you on top of what REALLY matters in the markets.
Here you can read more about what we do:
https://besomebodyfx.com/what-we-do-in-the-private-network/
And here's what traders say about us:
https://www.trustpilot.com/review/besomebodyfx.com
So, if you want to follow more of our trades, learn from what we do, and be around other professional traders to trade smart…
You can reach out @JayRally right now to join right away, NO more seats until May