--------------NASDAQ/NDX/USTECH100------------- Amidst tensions there is one final hope indexes can turn around and continue their route to the upside instead of biting the dust. Now or never I would say. If current support levels don't hold price, nothing will and we will see more downside movement. Based on that I closed my hedge position and if it proves to be...
------------NASDAQ/NQ/USTECH100----------- I just went long on Nasdaq index and looking for further upside movement. From fundamental point of view I can say investors expect no more rate hike this year or in the near future. War news outside the US does not really affects this market. From technicals I can see a higher chance to go upside rather than downside at...
-----------NASDAQ/NQ HEDGE----------- I had to hedge my previous position as chart bacame a bit nasty. It needs to settle down. We will see. This is not a financial advice, do your own research and analysis.
---------GBPUSD LONG--------- I opened a long position on GBPUSD currency pair. We are far from reversal but short term trade can be executed now and I do not hesitate when it comes to good opportunities. A correction is due now and with good trade management anyone can profit from this. This is not a financial advice, do your own research and analyisis and do...
----------US30 LONG---------- I went long on US30 index just now after today's corrective move. Last Friday market started restructuring and stopped risk-off behaviour a.k.a. buying dollar, selling equities, etc. This means there is a chance to go against dollar and to buy stocks, indices in these days. Even if this won't be a reversal on the main trends I still...
---------EURAUD LONG---------- I just went long on EURAUD currency pair as I see there is a potential upside movement. It seems like larger correction has come to its end and now main trend is about to continue. We will see. This is not a financial advice, do your own research and analysis.
----------DAX LONG--------- I went long on DAX German 40 index this morning as I expect a correction from current levels. Not a reversal yet but still a good looking trade this morning. This is not a financial advice. Do your own research and analysis.
---------AUDUSD LONG--------- I just went long on AUDUSD currency pair. I think when everybody is expecting more downside for AUD and more upside for USD now it the time to prepare for longer correction. Main trend is down however I expect this to correct a bit to around 0.65 levels. We will see. This is not a financial advice, do your own analysis and research!
---------CADJPY SHORT--------- I detected a nice trade opportunity on CADJPY pair. It can be a longer correction or a reversal from here. JPY pairs are so oversold that anytime a pullback can happen. I see that this pair is the most vulnerable among yen pairs so I picked this one to go short. Shorting other yen pairs can be also profitable. Trade with care! This...
---------USDCHF sideways--------- After an intense movement to the upside USDCHF pair needs to regain buyers support to continue its way up. Until then I expect some sideway correction. The course can be retracted back to monthly level (red line). Main trend is up, don't forget it! And it will continue sooner or later. I would wait until the correction is over to...
-----------EURCHF SHORT----------- After many days of sideways movement EURCHF currency pair has broken out from a consolidation area and now it faced a very tough resistance area and a trendline from the major downtrend. I think there is room for more correction to the downside at the moment at least if not a reversal and a downtrend continuation. We will see,...
----------AUDCHF LONG----------- While everybody is looking for short trading on AUDCHF I see more room to the upside. I am not convinced we are witnessing a reversal at the moment however I do think the curve has some upside potential. Given the fact that this pair has been tanking for the past months and years a reversal can happen anytime. But since we are...
----------EURAUD SHORT-------- So it seems like price reached my area of short trigger and I went short on this pair. I think there is room to 1.6400 level or even beyond. Not a financial advise! Do your own analysis!
----------OIL TO CORRECT TO THE DOWNSIDE-------- Trading is not like fairy tail Jack and the beanstalk. Price does not move like a straight line. At least most of the time it doesn't. Instead it moves wave by wave with shorter and longer corrections until it finally finds a point from where it cannot proceed any further and reversal happens. In case of US WTI oil...
----------EURAUD SHORT---------- EUR and GBP currencies seem to be getting weaker recently after a longer overperformance over commodity currencies like CAD, AUD, NZD in the past few months. So at least a correction is imminent. I see this on the weekly and daily charts. The question is how long will this correction last or is this already over? I think we still...
---------SHORT EURCAD AFTER CORRECTION--------- CAD is performing better than EUR at the moment in the longer run so I expect more downside move to 1.43 at least after a short correction. If I see a weak correction I might take a short trade on this.
--------SHORT TERMS CORRECTION--------- Although I am not bullish on EURUSD yet but it needs to correct until FED interest rate decision on Wednesday. I see clear path to the North now. But be aware of FOMC press release after the interest rate decision! New low is possible, I don't see any evidence of reversal.
If you like to trade exotics or Eastern EU currencies like CZK, PLN, HUF I would like to highlight the possibility of future weekness of these currencies. At the moment HUF is strengthening while the other two suffer from selling pressure. I think this is only periodical and due to only the higher interest rate of HUF but this is barely sustainable, central bank...