Mabelm

Mabelm

significant fomc day look for risk on and strong closure above for a long risk off will invalidate always use LTF for entry, HTF for setup, candle close for confirmation, heikin ashi/other candle types for trailing

Mabelm

Currently oversold so won't be surprised of a bounce, but pending LTF closure below for a breakdown as fundamentals suggest to long NZD against AUD due to policy divergence and upcoming pricing. Be on the lookout for future econ events to see if it invalidates

Mabelm

audcad had 10 days outperformance potential profit takings to happen soon, before another major big run up or a reversal wait for iron dome crash, only enter with ltf confirmations mean reversion and counter trend play so be mindful of potential ATR and pip range/ profit range

Mabelm

EUR got some good news that came out but profit takings should come soon further liquidations is confirmed with candle closing below red fibo, else no trade this a counter trend mean reversion play

Mabelm

Will Trump really go with 25% tariffs for Canada? Still days before Feb 1st and too much uncertainty with current info available it does not justify tariff premium to be priced as such, waiting for EURCAD breakdown for a short always wait for market to show u the signs and only enter with LTF confirmation Note this is counter trend mean reversion trade idea so...

Mabelm

The recent wildfires in California, particularly the Palisades and Eaton Fires in Los Angeles County, have primarily affected Southern California. This recent wildfire news caused NYSE:PCG to crash alongside NYSE:EIX (which bounced as well). However, PG&E's service area is predominantly in Northern and Central California. PG&E will not have to pay back the...