EUR🇪🇺USD🇺🇸 retails against the major fundamentals...
More than half of the traders are currently in long positions on EURUSD, as always retails are against the major fundamental drivers, we recommend only selling EURUSD, the current retail longs are around 80% and they clearly added to the longs since the market open today where they were sitting at 71% longs, on the chart above you can see the selling zone and the target.
Trade safe.
More than half of the traders are currently in long positions on EURUSD, as always retails are against the major fundamental drivers, we recommend only selling EURUSD, the current retail longs are around 80% and they clearly added to the longs since the market open today where they were sitting at 71% longs, on the chart above you can see the selling zone and the target.
Trade safe.
BeSomebodyFX
EUR🇪🇺USD🇺🇸 retails against the major fundamentals... More than half of the traders are currently in long positions on EURUSD, as always retails are against the major fundamental drivers, we recommend only selling EURUSD, the current retail longs are around…
EURUSD on his way, the German economy is likely to continue to be a source of concern for the ECB and some relief for the EUR is still far away, we keep preferring EURUSD shorts (check the analysis sent above) while demand for the US dollar looks set to remain buoyant.
Trade safe.
Trade safe.
BeSomebodyFX
EUR🇪🇺USD🇺🇸 retails against the major fundamentals... More than half of the traders are currently in long positions on EURUSD, as always retails are against the major fundamental drivers, we recommend only selling EURUSD, the current retail longs are around…
EURUSD We are looking for a below-consensus eurozone economic confidence reading following poor eurozone PMIs. The bias is for further weakness in EURUSD today, you can keep shorting it and maximize the profits but be very careful for the end of the week profit-taking and month and quarter end flows.
If you want access to more daily info, access to our trades with exact entry, stops and profit, and access to a great trading community, contact @JayRally to book your seat for the BeSomebodyFX Private Network October openings...
If you want access to more daily info, access to our trades with exact entry, stops and profit, and access to a great trading community, contact @JayRally to book your seat for the BeSomebodyFX Private Network October openings...
S&P500🇺🇸 a decent opportunity forming...
Just a small observation on the S&P500, we run a small research and it looks like the current price action on the S&P is mirroring the 2013 price action, you can see in the first chart above the grey line is 2013 historical chart and the orange line is the current 2019 chart, it clearly seems to be mirroring the 2013 movements, these type of things do happen and if nothing shakes the current environment then the correlation might continue.
This means that for the month of October we could see a small dump followed by the beginning of an uptrend lasting until the end of the year, worth keeping an eye on.
The second picture is showing the 2019 chart and above it, it's drawn the 2013 price action (transparent yellow candles), we plotted the buying zone and the potential target for the year-end is 3290.
Keep an eye on this because if everything goes as planned we will definitely trade it on the private network.
Just a small observation on the S&P500, we run a small research and it looks like the current price action on the S&P is mirroring the 2013 price action, you can see in the first chart above the grey line is 2013 historical chart and the orange line is the current 2019 chart, it clearly seems to be mirroring the 2013 movements, these type of things do happen and if nothing shakes the current environment then the correlation might continue.
This means that for the month of October we could see a small dump followed by the beginning of an uptrend lasting until the end of the year, worth keeping an eye on.
The second picture is showing the 2019 chart and above it, it's drawn the 2013 price action (transparent yellow candles), we plotted the buying zone and the potential target for the year-end is 3290.
Keep an eye on this because if everything goes as planned we will definitely trade it on the private network.
As we mentioned at the beginning of the month we are increasing the price for the private network to €39.99 BUT for today you can secure your seat and be grandfathered in the BeSomebodyFX Network at €29.99 a month forever, so saving 40% every month.
But we cannot offer this for long and to everybody. We will be closing this offer down in 24 hours from now and it will be limited to 10 people, this will be the only enrolling for October, new seats will be available only in November.
You can contact @JayRally to claim your seat and to receive the discount code.
You can ask for our myfxbook too (yes we do have a myfxbook tracking the performance of the Network)
But we cannot offer this for long and to everybody. We will be closing this offer down in 24 hours from now and it will be limited to 10 people, this will be the only enrolling for October, new seats will be available only in November.
You can contact @JayRally to claim your seat and to receive the discount code.
You can ask for our myfxbook too (yes we do have a myfxbook tracking the performance of the Network)
Offer closed
If you genuinely missed the 40% monthly deal and wanted to get it, please contact @JayRally within the next 24 hours and we’ll try and help you.
Sorry for all the promotion, we won't bother you anymore until November 😉
If you genuinely missed the 40% monthly deal and wanted to get it, please contact @JayRally within the next 24 hours and we’ll try and help you.
Sorry for all the promotion, we won't bother you anymore until November 😉
BeSomebodyFX
EUR🇪🇺USD🇺🇸 retails against the major fundamentals... More than half of the traders are currently in long positions on EURUSD, as always retails are against the major fundamental drivers, we recommend only selling EURUSD, the current retail longs are around…
EURUSD be careful here, US ISM data weaker than expected and can shift the market sentiment in the short term, take profit might not be hit, we have updated our stops and we are all set in profit, make sure you do the same.
EUR🇪🇺USD🇺🇸 retails now turning short while fundamentals turn bullish...
At the beginning of the week retails were buying EURUSD, up to 80% of them was on a long, most of them took the loss and are now turning to the sell side, up to 70% now are selling, while at the same time the fundamentals turn bullish.
Both key ISM surveys are pointing to a major slowdown in US growth rates.
A weak NFP today seems to be certain, will likely add fuel to the repricing of the Fed seen this week hence USD NEGATIVE.
With retails now selling and US data pointing to weakness we suggest only buying EURUSD for now.
At the beginning of the week retails were buying EURUSD, up to 80% of them was on a long, most of them took the loss and are now turning to the sell side, up to 70% now are selling, while at the same time the fundamentals turn bullish.
Both key ISM surveys are pointing to a major slowdown in US growth rates.
A weak NFP today seems to be certain, will likely add fuel to the repricing of the Fed seen this week hence USD NEGATIVE.
With retails now selling and US data pointing to weakness we suggest only buying EURUSD for now.
BeSomebodyFX
EUR🇪🇺USD🇺🇸 retails now turning short while fundamentals turn bullish... At the beginning of the week retails were buying EURUSD, up to 80% of them was on a long, most of them took the loss and are now turning to the sell side, up to 70% now are selling, while…
We have personally closed the longs after comments from Germany saying they are not interested in stimulus package as of now
Forwarded from BeSomebodyFX Private Network
With the positive news on the trade talks (USOIL BULLISH) and the tensions in middle east (USOIL BULLISH) the USOIL is prone to more stenght with a short term target at 57.00, i'm waiting for a clear break of the week highs to enter a long position, the intraday traders here can look for buy scalps here and there
BeSomebodyFX Private Network
With the positive news on the trade talks (USOIL BULLISH) and the tensions in middle east (USOIL BULLISH) the USOIL is prone to more stenght with a short term target at 57.00, i'm waiting for a clear break of the week highs to enter a long position, the intraday…
EXPLOSION IN IRAN'S NIOC-OWNED TANKER HAS CAUSED HEAVY DAMAGES TO THE VESSEL, OIL IS SPILLING IN RED SEA (USOIL BULLISH)
BeSomebodyFX Private Network
With the positive news on the trade talks (USOIL BULLISH) and the tensions in middle east (USOIL BULLISH) the USOIL is prone to more stenght with a short term target at 57.00, i'm waiting for a clear break of the week highs to enter a long position, the intraday…
I'm still holding the longs here with a stop at 52.30, the U.S. carried out a secret cyber strike on Iran in wake of Saudi oil attack and i wouldn't be surprised to see Iran disappointed, geopolitical risks in the middle east have not yet been adequately priced in, hence we remain USOIL bullish for the time being.
The risk of unexpected events that would cause a spike in oil prices is very high making longs worth the risk.
The risk of unexpected events that would cause a spike in oil prices is very high making longs worth the risk.
Today for the intraday tarders we suggest only buying AUDJPY from levels of support, price has now cracked above October highs, and retails are selling JPY, the latest comments from the trade talks side were positive giving the markets a "risk on" sentiment that will help AUDJPY longs, trade safe.