BeSomebodyFX
AUD🇦🇺USD🇺🇸 heading to target... Latest retail data showing the crowd still buying AUDUSD (80% buying), don't forget they were at 21% longs at the beginning of November, don't be scared of pullbacks but take advantage of them by selling in case you are not…
AUD🇦🇺USD🇺🇸 you will likely have another chance to short this week...
Retail data still showing retails long AUDUSD at 87%, they are now trapped into loss, but we do expect the beginning of the week to give some relief for the bulls with AUDUSD retesting 0.6800, that's your opportunity to short again or jump in again if you already took profit, target is still 0.6700
Expect the high of the week and possibly the month to be around 3/4 December, as you can see on the capital flow tool, money will start moving OUT of the Aussi which will depreciate it against the USD.
Retail data still showing retails long AUDUSD at 87%, they are now trapped into loss, but we do expect the beginning of the week to give some relief for the bulls with AUDUSD retesting 0.6800, that's your opportunity to short again or jump in again if you already took profit, target is still 0.6700
Expect the high of the week and possibly the month to be around 3/4 December, as you can see on the capital flow tool, money will start moving OUT of the Aussi which will depreciate it against the USD.
Do you want to know how we predicted a 40% move in VeChain and how we predicted the NZD bullish move? (Will do a detailed blog post)
Anonymous Poll
91%
Yes of course!
9%
Who cares?
Forwarded from BeSomebodyFX Private Network
Meanwhile i'm dropping this here, first move from retail traders of the day, they are once again selling NZD and selling GBP, hence we suggest on an intraday basis to look only for NZD and GBP longs against the CAD, you may notice that JPY and USD are in the selling zone too which means retails are buying them but given the current market enviroment it's not worth getting involved for intraday trading in the JPY or USD
BeSomebodyFX
AUD🇦🇺USD🇺🇸 you will likely have another chance to short this week... Retail data still showing retails long AUDUSD at 87%, they are now trapped into loss, but we do expect the beginning of the week to give some relief for the bulls with AUDUSD retesting 0.6800…
Don't forget what we said for AUD🇦🇺USD🇺🇸
"Expect the high of the week and possibly the month to be around 3/4 December"
"Expect the high of the week and possibly the month to be around 3/4 December"
Do you think Trump will roll back Dec 15th tariffs?
Anonymous Poll
42%
Yes
32%
No way
26%
Who is Trump?
Forwarded from BeSomebodyFX Private Network
Inflation today is likely to accelerate and reach the 2.0% y/y and Powell's comments will support the USD further, the FED will signal it is on hold also next year while markets are pricing in another cut during 2020, shouldn't be a big move as this is widely anticipated but a few pips of USD strength on the day can be exploited, will keep you updated if i open any trade.
Caution after the rate decision, Trump will not be satisfied with a neutral FED, he might willingly escalate the trade talks to put pressure on Powell, will keep you updated with everything.
Caution after the rate decision, Trump will not be satisfied with a neutral FED, he might willingly escalate the trade talks to put pressure on Powell, will keep you updated with everything.
☝🏻briefing for the FOMC meeting today, to make it simple, look for USD strength☝🏻
BeSomebodyFX
☝🏻briefing for the FOMC meeting today, to make it simple, look for USD strength☝🏻
Didn't pan out as predicted, Powell went personal with some bearish comments about inflation saying he wants to see persistent high inflation before considering rate hikes, hikes were never on the table, the meeting was just about ruling out rate cuts for 2020 which they indeed did, we expect this bearish USD move to eventually fade by the end of the week, we are long USDCAD.
BeSomebodyFX
Don't forget what we said for AUD🇦🇺USD🇺🇸 "Expect the high of the week and possibly the month to be around 3/4 December"
AUDUSD setup invalidated as it broke above Dec 3rd highs, happy to put it aside until we get a decision on December 15 tariffs which is what will decide the future direction of the Aussi.
Forwarded from BeSomebodyFX Private Network
Today we get a nice opportunity to scalp NZDJPY longs, retails are selling NZD and buying JPY since london opened (as shown on the bubble chart) while they are overall 87% short, at the same time the RISK ON sentiment in the market will help support NZD and pressure the JPY, we do expect a pump from Trump right before the US open to boost stocks and NZDJPY will benefit from that, buy ONLY at the breakout of the pennant targeting 73.000
BeSomebodyFX Private Network
Today we get a nice opportunity to scalp NZDJPY longs, retails are selling NZD and buying JPY since london opened (as shown on the bubble chart) while they are overall 87% short, at the same time the RISK ON sentiment in the market will help support NZD and…
Idea invalidated after Trump comments on trade
BeSomebodyFX Private Network
EURUSD, this chart speaks more than words, market cycle, everything is slowly aligning
Will you miss the move?
We definitely won’t, we are already positioned comfortably long on the private network since 1.1030 and we will not hesitate in adding more while riding the wave to 1.20, exact entries will be shared only with the private members, fasten your seatbelts for a great 2020 💪🏻
@JayRally
We definitely won’t, we are already positioned comfortably long on the private network since 1.1030 and we will not hesitate in adding more while riding the wave to 1.20, exact entries will be shared only with the private members, fasten your seatbelts for a great 2020 💪🏻
@JayRally
GOLD The year-end opportunity...
We are entering a strong period of seasonal flows, GOLD tends to run higher as demand picks us from Dec 23rd and keeps increasing through January, you can see this on the chart by yourself too, look at the past years for GOLD and you will see rallies in prices from exactly Dec 23rd, we have already set a pending order on the private group, will look for more entries heading into January.
We have two scenarios here, first one is a selloff of safe heavens given the positive outcome of trade talks, which would allow us to buy at the cheapest price, second scenario is an immediate break of the wedge and resistance which would turn into support allowing us to buy at the retest, we will not deploy capital until one of the two scenarios materializes, trade safe.
@JayRally
We are entering a strong period of seasonal flows, GOLD tends to run higher as demand picks us from Dec 23rd and keeps increasing through January, you can see this on the chart by yourself too, look at the past years for GOLD and you will see rallies in prices from exactly Dec 23rd, we have already set a pending order on the private group, will look for more entries heading into January.
We have two scenarios here, first one is a selloff of safe heavens given the positive outcome of trade talks, which would allow us to buy at the cheapest price, second scenario is an immediate break of the wedge and resistance which would turn into support allowing us to buy at the retest, we will not deploy capital until one of the two scenarios materializes, trade safe.
@JayRally