Блог k2nd
Mid-Week Update
Hey
It has been a relatively difficult month so far as the general market direction is fairly mixed in my opinion. In short-term outlook, I'm looking for a deeper correction lower in EURUSD and among other major pairs but to be fair - it's a longshot right now. August is not the easiest month to trade as we're still seeing "summer trading conditions" meaning that some days, we don't see any price action at all.
Anyways, right now I'm holding a long position in USDJPY with a very tight stop just …
It has been a relatively difficult month so far as the general market direction is fairly mixed in my opinion. In short-term outlook, I'm looking for a deeper correction lower in EURUSD and among other major pairs but to be fair - it's a longshot right now. August is not the easiest month to trade as we're still seeing "summer trading conditions" meaning that some days, we don't see any price action at all.
Anyways, right now I'm holding a long position in USDJPY with a very tight stop just …
Done for the Month
Hey
Pretty much done for the month. Can't complain to be honest - 21 trades and only 3 losers. Surprisingly markets were quite active, taking into account that it's the middle of the summer.
Looking ahead, I'm still expecting additional gains in EURUSD before any meaningful correction. However, as the pair is quite stretched, caution is needed. Ideally, I'd like to see 1.21-1.22 before the end of September. Time will tell if that is going to be the case.
Cheers!
Pretty much done for the month. Can't complain to be honest - 21 trades and only 3 losers. Surprisingly markets were quite active, taking into account that it's the middle of the summer.
Looking ahead, I'm still expecting additional gains in EURUSD before any meaningful correction. However, as the pair is quite stretched, caution is needed. Ideally, I'd like to see 1.21-1.22 before the end of September. Time will tell if that is going to be the case.
Cheers!
No Change in Plan
hey
My EURUSD short was taken out on Friday after slightly weaker U.S. CPI figures. However, that doesn't change anything - looking to re-enter.
Aussie, on the other hand, is a bit of a problem. The entry was extremely poor but I'll hold onto the trade for now. Technically it still looks heavy to me and if necessary I'll adjust the stop-out level.
In addition - looking for a potential setups in USDCAD.
Cheers.
My EURUSD short was taken out on Friday after slightly weaker U.S. CPI figures. However, that doesn't change anything - looking to re-enter.
Aussie, on the other hand, is a bit of a problem. The entry was extremely poor but I'll hold onto the trade for now. Technically it still looks heavy to me and if necessary I'll adjust the stop-out level.
In addition - looking for a potential setups in USDCAD.
Cheers.
EURUSD Lower
Now that the French elections are behind us, I do believe that the euro "buying-spree" will fade. Clearly, there are plenty of obstacles ahead and things can change overnight. However, the difference between the monetary policy implemented by the FED and the ECB will remain firmly in place. The ECB will keep on easing while the FED is looking to tighten further.
Hence, I prefer to remain bearish in EURUSD. Since the short trade in EURUSD might be overcrowded, I don't expect the move towards lowe…
Hence, I prefer to remain bearish in EURUSD. Since the short trade in EURUSD might be overcrowded, I don't expect the move towards lowe…
Done for the Month
Hey
Very stable and successful month is about to end. Only 1 losing trade out of 12 trades. In general, everything worked out almost perfectly. Looking ahead, I'll be tracking EURUSD throughout April and most likely, I'm only interested in long positions. However, if the outlook changes, then I'll adapt and do the necessary adjustments.
In an ideal world, EURUSD should retrace the entire "Trump move" by the end of Aprill/first half of May. Time will tell if that proves to be the case.
Cheers!
Very stable and successful month is about to end. Only 1 losing trade out of 12 trades. In general, everything worked out almost perfectly. Looking ahead, I'll be tracking EURUSD throughout April and most likely, I'm only interested in long positions. However, if the outlook changes, then I'll adapt and do the necessary adjustments.
In an ideal world, EURUSD should retrace the entire "Trump move" by the end of Aprill/first half of May. Time will tell if that proves to be the case.
Cheers!