BeSomebodyFX
We are long EURGBP. Dovish BoE earlier gives us fundamental context. Break in market structure gives us technical confirmation. And, nice bullish engulfing forming on the daily chart gives us higher timeframe price action confluence. Target 0.8640
EURGBP going and taking shape.
Have a great weekend everybody
Have a great weekend everybody
BeSomebodyFX
We are long EURGBP. Dovish BoE earlier gives us fundamental context. Break in market structure gives us technical confirmation. And, nice bullish engulfing forming on the daily chart gives us higher timeframe price action confluence. Target 0.8640
Guys.
Posted a bit more details on the context around the EURGBP longs on Substack, here:
besomebodyfx.substack.com
Just a bit of an insight into the fundamental story.
Trade still going
Posted a bit more details on the context around the EURGBP longs on Substack, here:
besomebodyfx.substack.com
Just a bit of an insight into the fundamental story.
Trade still going
BeSomebodyFX
We are long EURGBP. Dovish BoE earlier gives us fundamental context. Break in market structure gives us technical confirmation. And, nice bullish engulfing forming on the daily chart gives us higher timeframe price action confluence. Target 0.8640
Near the stop loss on the EURGBP longs.
No change in context on the GBP side, but…
Dovish data from Europe yesterday and today pulling the EUR lower.
Have a great weekend everybody
No change in context on the GBP side, but…
Dovish data from Europe yesterday and today pulling the EUR lower.
Have a great weekend everybody
New quarter, so new crypto update published.
Short and straightforward one.
Link above.
For questions you can reach out @JayRally
Short and straightforward one.
Link above.
For questions you can reach out @JayRally
BeSomebodyFX
Near the stop loss on the EURGBP longs. No change in context on the GBP side, but… Dovish data from Europe yesterday and today pulling the EUR lower. Have a great weekend everybody
Bit better on EURGBP.
Context still suggests GBP weakness.
Trade still going
Context still suggests GBP weakness.
Trade still going
Noticed the latest CPI from the US guys?
That’s all you need to know to understand the direction for the Dollar over the coming weeks.
FED will turn hawkish, rate cuts expectations will be pushed out, all while inflation is NOT being this sticky elsewhere.
So policy divergences are building in favor of the Dollar.
Just a bit of context.
Snippet above from the Private Network during the CPI
That’s all you need to know to understand the direction for the Dollar over the coming weeks.
FED will turn hawkish, rate cuts expectations will be pushed out, all while inflation is NOT being this sticky elsewhere.
So policy divergences are building in favor of the Dollar.
Just a bit of context.
Snippet above from the Private Network during the CPI
BeSomebodyFX
That’s all you need to know to understand the direction for the Dollar over the coming weeks.
Context matters.
Plenty more medium term Dollar strength ahead with the ongoing developments.
Also don’t ignore the latest geopolitical tensions rising in the Middle East.
Many new scenarios can emerge from that.
Have a great weekend everybody
Plenty more medium term Dollar strength ahead with the ongoing developments.
Also don’t ignore the latest geopolitical tensions rising in the Middle East.
Many new scenarios can emerge from that.
Have a great weekend everybody
Alright guys, we have a release date for the book guide.
Wednesday next week it will be OFFICIALLY available to download.
Can’t say much more yet, but…
I can say the first copies will be able to get it at HALF its price.
So if you don’t want to miss out on that, get in touch right now @JayRally to get the link earlier than everyone else.
And with that said, again...
Have a great weekend everybody
Wednesday next week it will be OFFICIALLY available to download.
Can’t say much more yet, but…
I can say the first copies will be able to get it at HALF its price.
So if you don’t want to miss out on that, get in touch right now @JayRally to get the link earlier than everyone else.
And with that said, again...
Have a great weekend everybody
BeSomebodyFX
Alright guys, we have a release date for the book guide. Wednesday next week it will be OFFICIALLY available to download. Can’t say much more yet, but… I can say the first copies will be able to get it at HALF its price. So if you don’t want to miss out…
Ok, that was WAY more interest than we anticipated.
Plenty of first copies booked already so that will do.
Thank you everybody for that.
Regular link for everyone else will be out on Wednesday
Plenty of first copies booked already so that will do.
Thank you everybody for that.
Regular link for everyone else will be out on Wednesday
BeSomebodyFX
Also don’t ignore the latest geopolitical tensions rising in the Middle East.
Now ready for a volatile open with gaps across the board.
Middle East is heating up.
Quite a bit
Middle East is heating up.
Quite a bit
BeSomebodyFX
Plenty more medium term Dollar strength ahead with the ongoing developments.
Very few alternatives to the Dollar in this context guys.
US economy solid.
US inflation sticky.
Geopolitical context shaky.
The FED will keep rates higher for longer than most other central banks, and that widens the yield differential in favor of the Dollar.
We are targeting EURUSD near 1.00 long term
US economy solid.
US inflation sticky.
Geopolitical context shaky.
The FED will keep rates higher for longer than most other central banks, and that widens the yield differential in favor of the Dollar.
We are targeting EURUSD near 1.00 long term
There it is guys.
The full book guide is OFFICIALLY available to download right now, link above.
Straightforward.
If you want a practical guide to understand fundamental analysis…
Those 128 pages will do.
For questions you can reach out @JayRally
The full book guide is OFFICIALLY available to download right now, link above.
Straightforward.
If you want a practical guide to understand fundamental analysis…
Those 128 pages will do.
For questions you can reach out @JayRally
By the way, we still have something going on in EURGBP.
The fundamental context is A LOT more mixed now with nothing bullish about the EUR.
So we reduced the size of the trade BUT now looking to add again as the technical aspect looks interesting with a big bullish engulfing forming on the daily chart right after price took out an important low.
And that despite the hawkish UK CPI this morning, which sort of suggests the markets wants the GBP weaker, a lot.
Target still near 0.8620
The fundamental context is A LOT more mixed now with nothing bullish about the EUR.
So we reduced the size of the trade BUT now looking to add again as the technical aspect looks interesting with a big bullish engulfing forming on the daily chart right after price took out an important low.
And that despite the hawkish UK CPI this morning, which sort of suggests the markets wants the GBP weaker, a lot.
Target still near 0.8620
BeSomebodyFX
The full book guide is OFFICIALLY available to download right now, link above.
Thank you for all the interest in the book guide so far.
Again way more interest than we anticipated.
Have a great weekend everybody
Again way more interest than we anticipated.
Have a great weekend everybody
BeSomebodyFX
By the way, we still have something going on in EURGBP. The fundamental context is A LOT more mixed now with nothing bullish about the EUR. So we reduced the size of the trade BUT now looking to add again as the technical aspect looks interesting with a…
Nearing target on EURGBP already.
Keep in mind, this has potential to run much higher than 0.8620.
We have longer term positions targeting 0.8680.
So we have trailed stop loss in profit and now we let this run
Keep in mind, this has potential to run much higher than 0.8620.
We have longer term positions targeting 0.8680.
So we have trailed stop loss in profit and now we let this run
BeSomebodyFX
Keep in mind, this has potential to run much higher than 0.8620.
Took profit on the shorter term position.
Now keeping some longer term ones for 0.8680
Now keeping some longer term ones for 0.8680
BeSomebodyFX
We are targeting EURUSD near 1.00 long term
Interesting FOMC next week as inflation in the US is still proving sticky, will share if we get any trade around it.
Currently just holding some longer term trades with the Private Network.
Including the EURUSD shorts mentioned above.
Have a great weekend everybody
Currently just holding some longer term trades with the Private Network.
Including the EURUSD shorts mentioned above.
Have a great weekend everybody
BeSomebodyFX
will share if we get any trade around it.
There it is, added some shorter term positions on EURUSD.
Expecting a hawkish FOMC tomorrow given how inflation has been behaving in the US.
While on top of that…
Technically bearish engulfing forming on the daily chart right at higher timeframe resistance.
And lower timeframe break in market structure with the trendline breached.
You know…
Fundamental direction and technical setup aligned.
So that’s a trade for us.
Target 1.0520
Expecting a hawkish FOMC tomorrow given how inflation has been behaving in the US.
While on top of that…
Technically bearish engulfing forming on the daily chart right at higher timeframe resistance.
And lower timeframe break in market structure with the trendline breached.
You know…
Fundamental direction and technical setup aligned.
So that’s a trade for us.
Target 1.0520