Alright guys, time to open 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
In other words, 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 March
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
In other words, 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 March
Long on AUDUSD setting up again.
Interesting mix of data from the US today.
Shows still a fairly strong labor market on the headlines BUT with prior NFP releases that get revised lower, and…
ISM services almost in contractionary territory.
Plus on top of that, the CPI next week from the US should be on the soft side.
The point?
The point is that Dollar shorts are again an interesting trade fundamentally.
While technically on AUDUSD there’s a clean impulse from a nice technical zone, and right after it flushed the lows during the NFP.
So…
Fundamentals and technicals aligned again.
And that makes a trade for us.
Target 0.6895
Interesting mix of data from the US today.
Shows still a fairly strong labor market on the headlines BUT with prior NFP releases that get revised lower, and…
ISM services almost in contractionary territory.
Plus on top of that, the CPI next week from the US should be on the soft side.
The point?
The point is that Dollar shorts are again an interesting trade fundamentally.
While technically on AUDUSD there’s a clean impulse from a nice technical zone, and right after it flushed the lows during the NFP.
So…
Fundamentals and technicals aligned again.
And that makes a trade for us.
Target 0.6895
BeSomebodyFX
Alright guys, time to open 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…
Thank you for all the interest as always.
All seats filled, next ones in March...
Have a great weekend everybody
All seats filled, next ones in March...
Have a great weekend everybody
BeSomebodyFX
Long on AUDUSD setting up again. Interesting mix of data from the US today. Shows still a fairly strong labor market on the headlines BUT with prior NFP releases that get revised lower, and… ISM services almost in contractionary territory. Plus on top…
Mostly sideways action so far this week.
US CPI tomorrow.
Unlikely it's going to be a super soft print.
But should still favor well for the disinflationary story overall
US CPI tomorrow.
Unlikely it's going to be a super soft print.
But should still favor well for the disinflationary story overall
BeSomebodyFX
US CPI tomorrow.
Bit more details for the CPI tomorrow.
No big print, but no super soft either
No big print, but no super soft either
BeSomebodyFX
Long on AUDUSD setting up again. Interesting mix of data from the US today. Shows still a fairly strong labor market on the headlines BUT with prior NFP releases that get revised lower, and… ISM services almost in contractionary territory. Plus on top…
Squared the AUDUSD longs for half a stop after the CPI print.
Inflation from the US a bit on the hot side relative to expectations, which turns the fundamental context around slightly.
We may even get some Dollar longs to take soon
Inflation from the US a bit on the hot side relative to expectations, which turns the fundamental context around slightly.
We may even get some Dollar longs to take soon
BeSomebodyFX
We may even get some Dollar longs to take soon
Price action this morning on a different tune.
So nothing to take action on, just a lot of sideways chop.
Will share a chart and more details when we see something interesting to position for
So nothing to take action on, just a lot of sideways chop.
Will share a chart and more details when we see something interesting to position for
Guys, remember that we have an official website where you can see our official contact details, official Telegram channel link, and so on…
besomebodyfx.com
There’s also a chat function there so that you can be ABSOLUTELY sure you are talking to us.
So please guys…
Do NOT fall for the average random copycat channel on Telegram pretending to be us.
I know you know that already...
But a reminded is always good, just in case
besomebodyfx.com
There’s also a chat function there so that you can be ABSOLUTELY sure you are talking to us.
So please guys…
Do NOT fall for the average random copycat channel on Telegram pretending to be us.
I know you know that already...
But a reminded is always good, just in case
Patience guys.
Patience is KEY to trade consistently long term.
Don’r rush into trades, go for quality rather than quantity.
So while we wait for the next solid trade to share here, give a read to our latest post on Substack:
besomebodyfx.substack.com
Solid one
Patience is KEY to trade consistently long term.
Don’r rush into trades, go for quality rather than quantity.
So while we wait for the next solid trade to share here, give a read to our latest post on Substack:
besomebodyfx.substack.com
Solid one
We are long AUDNZD.
Expecting the CPI from New Zealand later tonight to be a bit on the soft side.
Why?
China should be exporting some deflation, RBNZ is super tight with rates at 5.5%, and CPI in Australia printed on the soft side two weeks ago.
So…
We like the risk reward of positioning for a weak CPI tonight and a more dovish RBNZ ahead.
That should soften the NZD, and lift AUDNZD higher.
Target 1.0950
Expecting the CPI from New Zealand later tonight to be a bit on the soft side.
Why?
China should be exporting some deflation, RBNZ is super tight with rates at 5.5%, and CPI in Australia printed on the soft side two weeks ago.
So…
We like the risk reward of positioning for a weak CPI tonight and a more dovish RBNZ ahead.
That should soften the NZD, and lift AUDNZD higher.
Target 1.0950
BeSomebodyFX
We are long AUDNZD. Expecting the CPI from New Zealand later tonight to be a bit on the soft side. Why? China should be exporting some deflation, RBNZ is super tight with rates at 5.5%, and CPI in Australia printed on the soft side two weeks ago. So… …
Quick stop on AUDNZD.
New Zealand CPI overnight not as soft as it could have been.
So the core of the trade idea didn't unfold as we would have wanted it, so trade stopped
New Zealand CPI overnight not as soft as it could have been.
So the core of the trade idea didn't unfold as we would have wanted it, so trade stopped
Alright guys, PCE from the US tomorrow.
That’s Powell’s preferred measure of inflation…
So it’s going to shape sentiments and trends heading into the FOMC next week.
We talked about it in more detail on Substack, here:
besomebodyfx.substack.com
Will share if any interesting trade opportunity comes out of it.
Currently we are biased towards a soft print which could give us some Dollar shorts to take.
But NO setups to take action yet
That’s Powell’s preferred measure of inflation…
So it’s going to shape sentiments and trends heading into the FOMC next week.
We talked about it in more detail on Substack, here:
besomebodyfx.substack.com
Will share if any interesting trade opportunity comes out of it.
Currently we are biased towards a soft print which could give us some Dollar shorts to take.
But NO setups to take action yet
We are short EURGBP.
Liking the technical lineup here with that fakeout of the highs and the hourly close back below the weekly open.
Fundamentally we also have a medium term bearish bias on the pair as inflation in the EU is slowing a lot faster than in the UK.
Meaning the ECB will have to cut rates much earlier than the BoE.
So…
Medium term fundamental bias, short term technical trigger.
Target 0.8460
Liking the technical lineup here with that fakeout of the highs and the hourly close back below the weekly open.
Fundamentally we also have a medium term bearish bias on the pair as inflation in the EU is slowing a lot faster than in the UK.
Meaning the ECB will have to cut rates much earlier than the BoE.
So…
Medium term fundamental bias, short term technical trigger.
Target 0.8460
BeSomebodyFX
We are short EURGBP. Liking the technical lineup here with that fakeout of the highs and the hourly close back below the weekly open. Fundamentally we also have a medium term bearish bias on the pair as inflation in the EU is slowing a lot faster than in…
Keep in mind guys.
BoE rate decision tomorrow and we don't have the cleanest read on that.
So we took a bit of profits already to reduce the trade size.
Keeping a good half running tho
BoE rate decision tomorrow and we don't have the cleanest read on that.
So we took a bit of profits already to reduce the trade size.
Keeping a good half running tho
BeSomebodyFX
We are short EURGBP. Liking the technical lineup here with that fakeout of the highs and the hourly close back below the weekly open. Fundamentally we also have a medium term bearish bias on the pair as inflation in the EU is slowing a lot faster than in…
Still going on the remaining half of the EURGBP shorts.
Not doing much tho, just a bunch of chop right now.
But, fundamentally this chop will likely resolve to the downside, so...
Letting the small remaining size of the trade run
Not doing much tho, just a bunch of chop right now.
But, fundamentally this chop will likely resolve to the downside, so...
Letting the small remaining size of the trade run