BeSomebodyFX
6.01K subscribers
1.53K photos
14 videos
1 file
285 links
We help traders trade professionally with a reliable approach that combines both technicals and fundamentals.

This is our ONLY official public Telegram channel, so beware of fakes out there.

Official website: besomebodyfx.com
Contact: @JayRally
Download Telegram
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, updates, 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 March
We are long CADCHF.

Trudeau resigned.

Poilievre (his next likely successor) is MUCH more Trump friendly.

That lowers the likelihood of Trump going hard on tariffs against Canada, bullish CAD.

On top of that…

On the CHF side we’ve got another print of VERY low inflation numbers earlier this morning, bearish CHF.

So…

Bullish CAD story on one side.

Bearish CHF story on the other.

Long CADCHF.

Target 0.6410
Don’t forget about GOLD.

Posted more details on our Substack, here:

besomebodyfx.substack.com

Lots lined up for a decent mover higher this month
About 9 days from Trump taking office and triggering a wave of “risk on” or “risk off” depending on his moves.

How can you be ready for it?

Study.

The 2019 trade war is a textbook historical example to study.

We’ve posted more details on X, see this
BeSomebodyFX
Lots lined up for a decent mover higher this month
When you know the fundamental context, you know where things are going to trend to.

GOLD now getting comfortable above 2700
We are long EURUSD.

Rumors going around that Trump won't roll out any tariffs yet.

That's bearish for the Dollar.

Target 1.0630
BeSomebodyFX
We are long EURUSD. Rumors going around that Trump won't roll out any tariffs yet. That's bearish for the Dollar. Target 1.0630
Change of plans, we just closed the EURUSD longs here near breakeven.

Trump’s official position is more like...

Tariffs just not on day one but soon.

So mixed sentiment at the moment
BeSomebodyFX
Lots lined up for a decent mover higher this month
Meanwhile GOLD obviously loving this uncertainty, as expected
News is NOT noise.

It’s a symphony of market sentiment.

And once you know how to read it right, you can dance with it.

We got out of the EURUSD longs this week too early after Trump’s second comment which blurred the sentiment a bit.

Sometimes you read the context right, but it’s not as clear as you would like and you end up missing the move, it happens.

Have a great weekend everybody
BeSomebodyFX
Don’t forget about GOLD. Posted more details on our Substack, here: besomebodyfx.substack.com Lots lined up for a decent mover higher this month
In case you missed it.

Posted an update on GOLD yesterday on our Substack, here:

besomebodyfx.substack.com

We are still long and bullish.

Target remains 2900
BeSomebodyFX
News is NOT noise. It’s a symphony of market sentiment. And once you know how to read it right, you can dance with it. We got out of the EURUSD longs this week too early after Trump’s second comment which blurred the sentiment a bit. Sometimes you read…
It’s still all about tariffs.

Trump’s expected to make his official announcement today for Canada, Mexico, and China.

If it’s an immediate tariff (effective within a couple of days) then expect Dollar strength early next week.

If it’s a delayed tariff (which gets into effect on March 1 for instance) then expect Dollar weakness instead.

It’s that straightforward now.

Any questions, feel free to get in touch @JayRally
BeSomebodyFX
If it’s an immediate tariff (effective within a couple of days) then expect Dollar strength early next week.
It’s official.

Trump announced a 25% tariff on Canada, 25% on Mexico, and 10% on China, effective on Tuesday, so pretty much immediately.

Canada is already looking to retaliate, and so a new trade war has started.

Watch out for gaps at the open.

Mostly Dollar strength and safe havens inflow
BeSomebodyFX
Mostly Dollar strength and safe havens inflow
Now keep in mind, Trump will hold talks with Canada and Mexico today.

If talks go well and tariffs are reversed…

Markets will pivot into risk on sentiment with USD and JPY weakness.

But instead…

If tariffs end up going into effect tonight (as per schedule) then we get another leg of short term risk off (USD strength, JPY strength) and then further continuation over the next days.

Those are the two main sentiments right now, everything else is noise