BeSomebodyFX
We are looking to short AUDUSD, target 0.6280… Hawkish FOMC yesterday supportive of Dollar strength. Seasonal flows in the upcoming weeks are usually bearish AUDUSD... And a big bearish pin bar on the daily chart printed yesterday with the FOMC as catalyst.…
First part of the move done.
Powell speaks later today so we listen to make sure the fundamental context doesn't shift.
While from a technical point of view we would like to see the current daily candle close below the first liquidity level, that would be ideal for the next leg lower
Powell speaks later today so we listen to make sure the fundamental context doesn't shift.
While from a technical point of view we would like to see the current daily candle close below the first liquidity level, that would be ideal for the next leg lower
BeSomebodyFX
First part of the move done. Powell speaks later today so we listen to make sure the fundamental context doesn't shift. While from a technical point of view we would like to see the current daily candle close below the first liquidity level, that would be…
Might be interesting to short again for the same drill from the 0.65 resistance…
Bears failed to hold that break below the first liquidity level yesterday and now squeezed back at breakeven.
If bulls fail the break of 0.65 liquidity we probably get the same behavior but in reverse.
Will see when it gets there, flat for now on AUDUSD
Bears failed to hold that break below the first liquidity level yesterday and now squeezed back at breakeven.
If bulls fail the break of 0.65 liquidity we probably get the same behavior but in reverse.
Will see when it gets there, flat for now on AUDUSD
There it is, October and a new quarter are about to start so 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'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 get a seat right away, 5 available of which 2 already booked, NO more seats until December
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'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 get a seat right away, 5 available of which 2 already booked, NO more seats until December
BeSomebodyFX
There it is, October and a new quarter are about to start so 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…
Thank you for all the interest that we receive as always guys.
All seats filled, next ones will be in December...
Have a great weekend everybody
All seats filled, next ones will be in December...
Have a great weekend everybody
New quarter guys so new crypto update just published to share our thoughts on BTC as usual, for questions, insights, doubts, you can reach out @JayRally
BeSomebodyFX
Currently just sitting on some longer term trades with the Private Network. The snippet above with some insights from Monday gives you a good hint of what those trades are with also the overall fundamental context to keep WELL in mind to avoid getting caught…
Slowly the overall medium term fundamental context for the Dollar is turning more mixed guys.
Nothing convincing enough to put a trade on for us but we keep that in mind because we have been bullish USD for most of its recent trend higher and…
Now that sentiment is gradually changing.
So just a bit of medium term fundamental context to keep in mind for now to start adjusting to the next possible direction…
Will share MORE details with confirmation when and if we take some Dollar shorts
Nothing convincing enough to put a trade on for us but we keep that in mind because we have been bullish USD for most of its recent trend higher and…
Now that sentiment is gradually changing.
So just a bit of medium term fundamental context to keep in mind for now to start adjusting to the next possible direction…
Will share MORE details with confirmation when and if we take some Dollar shorts
BeSomebodyFX
Slowly the overall medium term fundamental context for the Dollar is turning more mixed guys. Nothing convincing enough to put a trade on for us but we keep that in mind because we have been bullish USD for most of its recent trend higher and… Now that sentiment…
There it is…
We are long NZDUSD.
Targeting slightly above 0.6050
We are long NZDUSD.
Targeting slightly above 0.6050
BeSomebodyFX
There it is… We are long NZDUSD. Targeting slightly above 0.6050
Squared the NZDUSD longs in small profit ahead of the NFP.
There is a decent risk that the data today for the US prints better than consensus, so adjusting for that.
Will evaluate whether to jump long again right after the release or not, depending on the data itself
There is a decent risk that the data today for the US prints better than consensus, so adjusting for that.
Will evaluate whether to jump long again right after the release or not, depending on the data itself
BeSomebodyFX
Slowly the overall medium term fundamental context for the Dollar is turning more mixed guys. Nothing convincing enough to put a trade on for us but we keep that in mind because we have been bullish USD for most of its recent trend higher and… Now that sentiment…
Dollar pullback ongoing, and that’s where the fundamental context REALLY comes useful.
With the right context you can get the sense of whether a trend should continue or not.
And that puts you on the right side of the flow to ride the right trades
With the right context you can get the sense of whether a trend should continue or not.
And that puts you on the right side of the flow to ride the right trades
And now looking for Dollar longs again, why?
From a fundamental point of view the CPI from the US today reinforces the higher for longer narrative which favors the Dollar as a whole.
While technically EURUSD in particular has faked out the highs above 1.06 and is now printing a beautiful bearish engulfing on the daily chart.
So, fundamentals now suggest a bit of Dollar strength ahead and technicals suggest the same story with lower EURUSD…
And that makes a trade for us.
Targeting near 1.0440
From a fundamental point of view the CPI from the US today reinforces the higher for longer narrative which favors the Dollar as a whole.
While technically EURUSD in particular has faked out the highs above 1.06 and is now printing a beautiful bearish engulfing on the daily chart.
So, fundamentals now suggest a bit of Dollar strength ahead and technicals suggest the same story with lower EURUSD…
And that makes a trade for us.
Targeting near 1.0440
BeSomebodyFX
And now looking for Dollar longs again, why? From a fundamental point of view the CPI from the US today reinforces the higher for longer narrative which favors the Dollar as a whole. While technically EURUSD in particular has faked out the highs above 1.06…
Dollar longs protected with stop loss at breakeven already for us.
Still expecting further USD strength and eventually EURUSD to hit 1.0440, but always manage your trades anyway.
Powell speaks later today
Still expecting further USD strength and eventually EURUSD to hit 1.0440, but always manage your trades anyway.
Powell speaks later today
BeSomebodyFX
Dollar longs protected with stop loss at breakeven already for us. Still expecting further USD strength and eventually EURUSD to hit 1.0440, but always manage your trades anyway. Powell speaks later today
Alright, fundamentally Powell was a tiny bit hawkish earlier.
And technically price keeps on failing to break above that 1.06…
So we probably get another EURUSD short to take soon.
Will update with a chart if and when we see a clear trigger to position again
And technically price keeps on failing to break above that 1.06…
So we probably get another EURUSD short to take soon.
Will update with a chart if and when we see a clear trigger to position again
BeSomebodyFX
Alright, fundamentally Powell was a tiny bit hawkish earlier. And technically price keeps on failing to break above that 1.06… So we probably get another EURUSD short to take soon. Will update with a chart if and when we see a clear trigger to position…
Nothing on this yet guys.
Also EURUSD looks fairly comfortable above 1.06 now.
Maybe we get something interesting with the ECB rate decision later on Thursday…
Will share a chart with more details as usual when we see something actionable
Also EURUSD looks fairly comfortable above 1.06 now.
Maybe we get something interesting with the ECB rate decision later on Thursday…
Will share a chart with more details as usual when we see something actionable