BeSomebodyFX
6.05K subscribers
1.54K photos
14 videos
1 file
286 links
We help traders trade professionally with a reliable approach that combines both technicals and fundamentals.

This is our ONLY official public Telegram channel, so beware of fakes out there.

Official website: besomebodyfx.com
Contact: @JayRally
Download Telegram
We have officially opened 5 seats to join the BeSomebodyFX Private Network for August...

What does the Network get you?

• Access to & guidance from top tier traders
• Access to our live trades, from long term to short term opportunities (exact entries and exits)
• Access to all our researches, info and insights
• Access to a professional helpful community via private chat

Actually i could go on and on all day listing all the benefits of the Network but i will leave our reviews to speak for us...

https://www.trustpilot.com/review/besomebodyfx.com

We are cheaper than a stop loss and we can make the difference in your trading. If you have been looking to improve yourself, trade more comfortably with less stress and learn a professional research driven approach to trade the markets then give us a try.

ONLY 5 seats (one already booked) available for August...
Text "I WANT TO JOIN" to @JayRally

Next seats will be available only in September, have a great weekend
EURCHF fairly undervalued down here...

With the recent developments on the EU fund and the SNB defending 1.06 we expect EURCHF to rally towards 1.12, it may take months or quarters so we are going to buy low, take profit at resistance and repeat, we will be wrong on a daily close below 1.05 or on a shift in macros

At the moment we are interested in buying in the low 1.06s but this market can shift rapidly so stay alert, exact entries will be shared with the Private Network members as always.
BeSomebodyFX
USDJPY "fair" value around 104.000 We have been looking to short USDJPY a few days ago and this recent drop it's strengthening our bias, retails are 73% long at the moment and at the beginning of last week they were only 51% long so they added positions and…
USDJPY shorts to pick up pace...

Expecting USDJPY shorts to pick up pace between today and August 11, we managed to short at 106.000 in the Private Network and holding, 104.000 should trade before August 11.

Anyway, have an amazing and maybe sunny day wherever you are in the world, don't forget trading doesn't have to be stressful, if you are stuck in front of the charts all day long then you are doing it wrong.
A few of our models flashing for a USD pullback...

This does NOT mean that long USD is the trade (we are long term very bearish), but it means that probably short Dollars will not be as fun in August as it was for the last few weeks, things could get choppy this month.

About our USDJPY short, we will close it on August 12 if momentum doesn't pick up, never get too attached to a trade.

Keep yourself distracted if you are prone to "boredom trades", the next few weeks could be very choppy in FX but keep your eye on the S&P500, just 1% shy of ATH
We closed our USDJPY shorts a few hours ago with a 0.3% loss, 10Y yields are having a strong week which doesn't support our USDJPY shorts plus our models suggesting a USD pullback made us get out of the shorts, if a trade is not valid anymore cut it quickly.

Overall we do think USDJPY is headed towards 101 as the FED keeps rates low and drives inflation higher but we may have jumped on this train too early (or too late as the Dollars needs a breath now), we will look to re enter short with our Private Network members when needed
BTC to 14k next and ATH by 2021

BTC and the whole crypto market looking very good at the moment 14k is coming sooner than later and we may speak 20k+ in 2021, we did a full breakdown of our thought process and our positions for the Private Network members but I'm leaving this chart here too that tells the main story, the next 12 months are going to be big, but keep in mind there is no healthy bull market without healthy corrections, be wise and stay unleveraged.

Don't forget there isn't only BTC, we believe BTC will actually underperform the whole market while other cryptos will shine, all our positions will be shared with the Private Network members as always.
BeSomebodyFX
https://besomebodyfx.com/a-little-tip-to-drastically-improve-your-trading1/
EURUSD squeezing the late buyers...

Go read the attached article if you got trapped long at the highs, we are not going to trade this as it's against our long term macro bias which is bullish for EURUSD, so instead of speculating on the squeeze we exploit it to buy cheap, maybe below 1.18000, but that's another story.

The chart above is just to prove the point laid out in the attached article
BeSomebodyFX
Photo
Waiting for Trump's tweet now