Remember guys that on Telegram anyone can create a channel and name himself whatever he wants.
That’s why we have all our official links and contact details on our website:
besomebodyfx.com
There’s also a chat function there so that you can be ABSOLUTELY sure you are talking to us.
And rule of thumb…
If a random guy on Telegram asks you to pay with crypto promising crazy returns, you can be CERTAIN there’s something wrong there.
Beware.
And ALWAYS verify who you are talking with by getting in touch with the appropriate verified methods like the official website’s chat function or contact form.
I know you know, but a reminder is always good
That’s why we have all our official links and contact details on our website:
besomebodyfx.com
There’s also a chat function there so that you can be ABSOLUTELY sure you are talking to us.
And rule of thumb…
If a random guy on Telegram asks you to pay with crypto promising crazy returns, you can be CERTAIN there’s something wrong there.
Beware.
And ALWAYS verify who you are talking with by getting in touch with the appropriate verified methods like the official website’s chat function or contact form.
I know you know, but a reminder is always good
BeSomebodyFX
First step done, next is 2700. Have a great weekend everybody
Quick context update on GOLD guys.
On our Substack, here:
besomebodyfx.substack.com
Yes, still 2700, but…
Not expecting that too soon, why?
Because September is rarely bullish for GOLD
On our Substack, here:
besomebodyfx.substack.com
Yes, still 2700, but…
Not expecting that too soon, why?
Because September is rarely bullish for GOLD
We are short NZDUSD.
Testing the water for a Dollar reversal this week, why?
Couple of reasons…
Seasonality is bearish risk and bullish USD in September.
The market has overpriced FED's easing expectations a bit.
And we’ve got a small failed breakout of multiple important highs of the year on the chart.
With that in mind tho…
Small position as it’s a counter trend trade.
Target 0.5980
Testing the water for a Dollar reversal this week, why?
Couple of reasons…
Seasonality is bearish risk and bullish USD in September.
The market has overpriced FED's easing expectations a bit.
And we’ve got a small failed breakout of multiple important highs of the year on the chart.
With that in mind tho…
Small position as it’s a counter trend trade.
Target 0.5980
BeSomebodyFX
We are short NZDUSD. Testing the water for a Dollar reversal this week, why? Couple of reasons… Seasonality is bearish risk and bullish USD in September. The market has overpriced FED's easing expectations a bit. And we’ve got a small failed breakout…
Still there with NZDUSD but so far looks still a bit early for the Dollar to turn.
Anyway, above 0.6277 and the trade gets stopped.
Back below the yearly highs and instead we can be more confident about a top.
For now mixed feelings on it.
Will see what we get
Anyway, above 0.6277 and the trade gets stopped.
Back below the yearly highs and instead we can be more confident about a top.
For now mixed feelings on it.
Will see what we get
BeSomebodyFX
Anyway, above 0.6277 and the trade gets stopped.
Stopped out.
Picked the wrong pair.
EURUSD would have been better
Picked the wrong pair.
EURUSD would have been better
We are long USDCHF.
Same logic behind the USD longs earlier this week.
Seasonality ahead is bullish for the Dollar and FED's expectations for the September meeting are too dovish with still some chances of a 50bps cut priced in.
And on top of that...
Technically most USD pairs are reacting and faking out from very important higher timeframe levels.
So that triggers us into Dollar longs again.
Target 0.8750
Same logic behind the USD longs earlier this week.
Seasonality ahead is bullish for the Dollar and FED's expectations for the September meeting are too dovish with still some chances of a 50bps cut priced in.
And on top of that...
Technically most USD pairs are reacting and faking out from very important higher timeframe levels.
So that triggers us into Dollar longs again.
Target 0.8750
Alright guys, September has started so it's time to open up a couple of extra seats to join the Private Network 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 November
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 November
BeSomebodyFX
We are long USDCHF. Same logic behind the USD longs earlier this week. Seasonality ahead is bullish for the Dollar and FED's expectations for the September meeting are too dovish with still some chances of a 50bps cut priced in. And on top of that... Technically…
Not much to update on USDCHF.
Trade still there.
The soft Swiss CPI numbers yesterday support the direction, but…
We need to see some solid data out of the US too to get this going.
Particularly with the NFP on Friday
Trade still there.
The soft Swiss CPI numbers yesterday support the direction, but…
We need to see some solid data out of the US too to get this going.
Particularly with the NFP on Friday
BeSomebodyFX
Alright guys, September has started so it's time to open up a couple of extra seats to join the Private Network 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…
Thank you for all the interest as usual.
All seats filled already
All seats filled already
BeSomebodyFX
Not much to update on USDCHF. Trade still there. The soft Swiss CPI numbers yesterday support the direction, but… We need to see some solid data out of the US too to get this going. Particularly with the NFP on Friday
Probably the bottom.
Annoying yes, but it happens.
Have a great weekend everybody
Annoying yes, but it happens.
Have a great weekend everybody
Took a while to write this one.
And probably the most interesting educational post we have done so far.
You can find it on our Substack, here:
besomebodyfx.substack.com
Let us know your thoughts on it
And probably the most interesting educational post we have done so far.
You can find it on our Substack, here:
besomebodyfx.substack.com
Let us know your thoughts on it
Guys, FOMC today will be as volatile as it gets.
Keep in mind…
A 25bps cut will see 100 to 120 pips Dollar strength across the board.
While a 50bps cut will see the opposite, 80 to 100 pips of USD weakness.
ONLY as the VERY short term reaction tho, after that much will depend on the dot plot and forward guidance.
So just beware there will be notable moves later today, more than any other FOMC in the past year or so.
Will share if any interesting trade comes out of it
Keep in mind…
A 25bps cut will see 100 to 120 pips Dollar strength across the board.
While a 50bps cut will see the opposite, 80 to 100 pips of USD weakness.
ONLY as the VERY short term reaction tho, after that much will depend on the dot plot and forward guidance.
So just beware there will be notable moves later today, more than any other FOMC in the past year or so.
Will share if any interesting trade comes out of it
BeSomebodyFX
Will share if any interesting trade comes out of it
Bit of fundamental context after the FOMC from the Private Network.
No action for us on the Dollar.
Yes, fundamentals are bearish but price action is a bit messy and also seasonals don’t agree with USD shorts yet.
So we sit on our hands.
Will share our next trade when we take it
No action for us on the Dollar.
Yes, fundamentals are bearish but price action is a bit messy and also seasonals don’t agree with USD shorts yet.
So we sit on our hands.
Will share our next trade when we take it