Bearish on indices this week. I think we need to revisit pre-CPI prices and that the market is generally overbought. Monitoring intraday price action for opportunities as always.
Seeing arguments for short term strength in the dollar. last week of the month so let's see whats in store.
Bearish on GU. Seeing arguments for DXY strength. Annotations on chart.
Bullish bias on EU. We've possibly seen the low of the year... Possibly. Annotation on chart. Tracking liquidity. Buyside is more attractive. Price however always offers opportunities on both sides of the market on its way to its final destination.
Bullish bias on GBPUSD. We've possibly seen the low of the year... Possibly. Annotation on chart. Tracking liquidity. Buyside is more attractive. Price however always offers opportunities on both sides of the market on its way to its final destination. Looking for price to want to return to weekly equilibrium.
I see indices continuing to appreciate this week. Looking for high probability entries potentially on both sides of the market with a bias for long positions. Looking to buy below last week low. I expect a new high for this week.
I see indices continuing to appreciate this week. Looking for high probability entries potentially on both sides of the market with a bias for long positions. Weekly FVG provides high probability reversal scenario after price interacts and wipes out participants from last week.
I see NAS continuing to appreciate this week. Looking for high probability entries potentially on both sides of the market with a bias for long positions.
I had previously thought dollar would show some strength, but last weeks slow price action is a building of liquidity that I think will result in further weakness. Here's how is see it developing.
Bearish on indices into the week, expecting price to put in a new high then from there 1 of 2 scenarios 1. Spend time hitting the CPI price gap and bounce around or 2. Mirror the CPI move with no retracement and reach for prices below.
Bearish on indices into the week, expecting price to put in a new high then from there 1 of 2 scenarios 1. Spend time hitting the CPI price gap and bounce around (i.e. offer sellside to reprice, then buyside one last time to rebalance) or 2. Mirror the CPI move with no retracement and reach for prices below.
If you trade any Dollar correlated pair and you don't track the DXY you are wasting your time in my opinion. DXY should mirror your bias on XXXUSD. if you cant see clarity it means you shouldn't engage. My DXY outlook here mirrors what I am expecting to see in the XXXUSD pairs that I follow. Heavy news week, should be some bloodshed, just make sure the other guy...
Bearish on EU this week, In my opinion the greater at risk liquidity is sellside. Expecting last week's high to be violated, then will be looking for short opportunities.
Bearish on indices into the week, expecting price to put in a new high then from there 1 of 2 scenarios 1. Spend time hitting the CPI price gap and bounce around or 2. Mirror the CPI move with no retracement and reach for prices below.
NEW PAIR ALERT Decided to begin tracking AU for a little diversity, likely will not trade it till I'm more familiar with its characteristics. Expecting weakness this week.
Bearish on GU, looking for it to make a new high then hunting for short opportunities. Heavy news week this week. Should be fun ;)
Bullish on NAS, annotations on chart, idea based on November wanting to chase buyside early, to finish with a downclose for the month.
Bullish on indices in general, annotations on chart, idea based on November wanting to chase buyside early, to finish with a downclose for the month.