GOLD hit the 1600 handle while OIL missed the 66 by 50 cents, do you want to see something interesting?

Riding BTCUSD shorts on the private network, sharing this here because it's not late to enter if you wish, don't get trapped into longs yet, ride the shorts for a little longer...

Target hit without giving us a chance to enter tho, do you want to know more about the bubble chart?

https://besomebodyfxterminal.com/how-to-trade-the-retail-sentiment/

The NZD is the currency to intraday buy today, retails have been heavily selling it since London opened, i'm looking for long scalps for the day in either NZDJPY or NZDUSD

Hope you have been able to find an entry, both NZDJPY and NZDUSD run higher for the day and are now showing signs of pausing the rally so move away from the pair for now.

Hopefully you are learning something here, you don't need to trade 20 pairs a day, just one clear chart with a clear bias for the day it's all you need and we can definitely help you with that.

To know more about the tools we use for our trading check:
besomebodyfxterminal.com

📉At the same time we have China doing a great work containing the virus and it's already slowly fading away from the news, GOLD has no fundamental catalyst to remain bullish so we are setting a sell pending order for GOLD at 1561 with stop loss at 1577 and take profit at 1500📉

We usually never post exact entries and exits in the public channel but will make an exception this time to show you how we trade on the private network 😉 we post in depth analysis, info and insights for you to learn and grow as a trader while making money.

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Stats of the month for the private network...

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@JayRally

The pip count is high only because of a GOLD trade, never trust pips, focus on %, if your signal provider is making pip counts every week then run away.

‼️We have to close GOLD shorts in small profit here, too many new cases of Cononavirus, not wise to keep it open during the weekend anything can happen, we take the profit now and look for a better entry around 1570‼️

Bumpy ride but riding the profit now, we have personally moved stops in profit on the private network...

Profit taken on our AUDNZD shorts, donated the profit to help Australian animals and fund the reforestation...

Price action on USDJPY since August...

The picture is pretty straight forward, buy any dip caused by temporary concerns, many of you voted that the Coronavirus will fade away from the media soon and i do agree with you, no virus ever had a lasting impact on the markets and Trump and his administration will come to rescue indices if they fall sharply on the virus headlines by tweeting positive comments on phase 2 with China and so on inevitably pumping USDJPY too.

We know that institutions are adding JPY shorts on these Coronavirus rallies which further confirms our view that the recent moves will fade over the coming weeks, you can learn more about our institutional activity data here:
https://besomebodyfxterminal.com/how-to-use-the-institutional-activity-data/

Retails here are 80% long so it's too early to jump into longs but it's something worth keeping an eye on and track when retails switch from longs to shorts.

@JayRally

Beware here that things can get worse before they get better, don't forget retails are still 80% long on USDJPY and xxx/JPY pairs in general so expect first a flush out possibly with news during the weekend of new cases emerging worldwide hence with a gap lower on Monday...