Israel and Palestine have been going on at each other once again with Palestine attacking. Big retaliation to Gaza with bombings. The dollar gapped down this week sending Gold/Oil Up!!! I still think this is just used to take out stops in the market and not a full turn. I think a lot of money in the world right now will try follow oil and gold for a bullish...
As per Video watching to see if we continue bullish on LTF
Sharing my thoughts on current price action for higher time frame
Price action on Fibre looks very clean for a run higher to the liquidity as shown on the chart. With dollar also bearish to aim for the clean lows I highly favour a run up for Fibre. Will be looking for longs this week
Dollar has shown some weakness to end the week and will be looking to see if we can get a continuation lower into the daily clean lows as shown this coming week
So Dollar is starting to show strength again. Commodities are falling and so are the indices. This is what I like to see to trade markets but it is December and nearly holidays. Which means this is like trading a Friday afternoon. There are trades. But be careful out there. USDCAD went a little lower than I expected but not by a whole lot considering I am...
So we took sell side liquidity at the 104.60 low also going into the red candles just below at the end of June. Opened the week very strong here and to me the next target is 106.102 then 108.40 Example of what I will be looking for tomorrow morning in the dollar
We had a beautiful reaction last week as mentioned in the Daily Block I drew. CPI news came out and completely wiped the floor on the idea. I closed my longs before CPI news but then lost a bit trying to long it again. Unfortunately for me that was a lack of patience. This week I would like to see dollar gain some strength but now I'm waiting on the sidelines. I...
AS mentioned last week. We came right down into the gap highlighted last week. Beautiful reaction off there. Video shows a breakdown of what I was looking at today on a 1min chart I did long the position but i will not be holding for the whole 2800 pips. First of because thats crazy haha and 2ndly I have nearly hit my target on the prop account I'm trading it
Just a long term perspective I have on USDCAD ATM WIll be waiting for price to hit the alarm bell and will monitor there again when it does so...Maybe next week
DXY still bullish and expecting price to hit 103 in the coming weeks. So all bullish Dollar on Majors.
Been hunting longs since last week. See previous video on DXY
Still targeting 101 as per video last week Bullish run - watching USDCAD longs/ Fibre aussie and Gold shorts
Live review of FOMC 06-04-22 Got cut off short will update with a follow up video once my trades close
Update and review on current Forex market mainly DXY and pairs
My View and what I see on the Daily/Weekly chart on aussie See DXY to 78s vid below
Dollar is weak in my opinion and looking to run the lows on the daily chart. IF we do break to the upside I will be looking at 91.40 and 91.95 for a reversal. Currently long from last week on Aussie and Fibre. So just managing this for now and waiting for new opportunity. HV News only thurs/friday this week for AUD and EUR
Please see previous video about DXY and Fibre. This one is just an update to that. Market is still looking good long term even though this week showed dollar strength. But on HTF it was just a little bump to 78s