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
Alright guys, May has started, interesting FOMC later today, and plenty of solid trade opportunities shaping, 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 1 already booked, NO more seats until July
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 1 already booked, NO more seats until July
BeSomebodyFX
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.…
Not the FOMC we would have wanted.
Fairly dovish relative to expectations...
So we have closed the short term EURUSD shorts early about halfway to the stop loss.
Longer term context hasn’t changed tho.
Still bearish.
And we still have some longer term shorts going
Fairly dovish relative to expectations...
So we have closed the short term EURUSD shorts early about halfway to the stop loss.
Longer term context hasn’t changed tho.
Still bearish.
And we still have some longer term shorts going
BeSomebodyFX
Alright guys, May has started, interesting FOMC later today, and plenty of solid trade opportunities shaping, 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…
Thank you everybody for all the interest in the Private Network as usual.
All seats filled, next ones in July
All seats filled, next ones in July
By the way guys.
If you haven’t yet, you can follow us on Substack too, here:
besomebodyfx.substack.com
We post some insightful and actionable stuff there too every week.
Have a great weekend everybody
If you haven’t yet, you can follow us on Substack too, here:
besomebodyfx.substack.com
We post some insightful and actionable stuff there too every week.
Have a great weekend everybody
Don't try to trade every single move guys.
Quality over quantity.
Which means...
Patience
Quality over quantity.
Which means...
Patience