AdamFx42's Blog

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A fresh start to the new month of trading

I am excited to start trading again this month
A lot of opportunities in the markets this month:
EurUsd has worked itself up to above 1.14 giving traders to short it for a imminent pullback
The same can be said for GbpUsd - a double top is forming just above 1.30 right now
Given the Nzd and Aud strength in the market right now,
I may look to short GbpNzd, and GbpAud right away at the start of the contest
gl all
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Looking for opportunities in GBP this month

This month I will be looking to trade Gbp pairs long
Brexit has had a deep impact on Gbp crosses and this is what I like to trade
When there is uncertainty and market is in doubt there are pips to be made
A plunge in Gbp will set it up for a retracement back up
I will be looking to go long after falls in GbpNzd, GbpAud etc.
gl all this month
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Analyzing the Market before it opens tonight

Today I have been going through the usual websites and forums that I visit where the forex traders
share their opinions and market analysis with others
Technical analysis and market sentiment, as well as fundamentals point to growing strength in Aud
the question is - how to best trde this sentiment?
Aud/Usd seems to be the most obvious choice, as it has put in a low of around 0.87,
and potential for a move up this month is good - 0.9 could be reached;
but this pair is a slow mover, usually, and …
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kkforex avatar
kkforex 2 Luty

yeah..GBPAUD short would be a good trade, its moving about 350-400 pips per week.

500nm avatar
500nm 2 Luty

AUD/USD is clearly going down to 0.85

AdamFx42 avatar
AdamFx42 2 Luty

Not before it testes 0.9 again, 500nm

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