Trade_Journal

Trade_Journal

$SPX - What's next? Important data coming out this week out of US as well as Powell tonight it would be a surprise if he's dovish I'd personally like a pull back in US indices and to get back in long, this principle is validated with metals as well, let's not forget NFP... As the market is forward looking, we have seen DXY decline as rates will be declining in...

Trade_Journal

$EURAUD - Where to next? With this specific pair - patience is required. A break out above the range matching the double bottom pattern. However, a break below the pattern will no longer be valid. Enjoy TJ

Trade_Journal Updated 

€ - Where To Next? $EUR - BUY THE DIP?! As from my previous posts via trading view can be seen I was very bullish medium term hitting the target areas are currently at. However, lets take a bird eyes view of EUR! EUR currently at key resistance on Monthly - 1.03. Price may decline back towards support areas of 1.02/1.01 areas before heading higher IF we get out...

Trade_Journal

$GBP - A break to either direction! Great set up - A break to either direction, quiet week due to the holidays! Don't forget to trade your own plan! Trade Journal

Trade_Journal Updated 

$DXY - Soon to break out either direction! Stay tuned for DXY - It's soon to break out as we see data decline in US - will the retail sales today be the same or will it be as expected, higher?! Have a great day ahead, Trade Journal

Trade_Journal Updated 

Is it time to buy the $EUR & Why? As we head closer to ECB - If they are Hawkish and expected to raise rates even further, expect EUR to turn further bullish. We are at a key resistance area, now remember it isn't just ECB we focus on when it comes to EUR. Take into consideration the FOMC - Source - WSJ: Federal Reserve officials are barrelling toward another...

Trade_Journal

DAX - Where to next? Here is a technical view of DAX - a break to either direction. Keep in mind we do have FOMC next week, which should shift markets either direction! Have a great weekend. TJ

Trade_Journal Updated 

QQQ - Keep an eye! What interesting momentum we have had this week so far, plenty of great opportunities take a look at QQQ...It's brewing nicely.

Trade_Journal

BOJ - Let's challenge you! Intervening in there currency was a perfect technical set-up as well but as I started in my previous posts, we are going to re-rest the highs as we are, and we could perhaps go further if we break above that spike high of 146 area. However, we could get a fake break to either direction that's where you should be careful. Technically we...

Trade_Journal Updated 

$EUR - Short term trade idea! Here's a quick short term trade idea for you...A break to either direction! Enjoy, TJ 𝙽𝚘𝚝 𝙸𝚗𝚟𝚎𝚜𝚝𝚖𝚎𝚗𝚝 𝙰𝚍𝚟𝚒𝚌𝚎

Trade_Journal

$JPY - Did the intervention help? Didn't really help, technically it was an awesome trade but be aware even with intervention as dxy headed higher yen falls! Japan won't intervene to defend 145 yen line-in-the-sand, ex-top foreign-exchange diplomat says. We could head up back to those highs! TJ

Trade_Journal Updated 

$GBP - How low can we go? Tacking back to yrs of data, perhaps we go ahead to George Soros area of chart and going back to 84-87 areas of price action. Interesting times, I think 1.10 could be achievable as we are in recession, fundamentally very weak outlook for gbp and you got dollar king rising further as hikes remain on the table till end of yr for...

Trade_Journal Updated 

$XAU - WEEKLY & DAILY CLOSE IS KEY! A long term area, one to keep an eye on checking on HT = ST movement! We do have FOMC in 6 days time! Expecting another hike... and as I stated this morning cash is still king and will remain that way for little while longer. Enjoy, TJ

Trade_Journal Updated 

$DXY - It has been my best friend for while... We have a saying in trading: The trend is your friend until it breaks! We reaching key areas, my longer term target if we break above 110 areas next 120 IF we get there. I do really like to keep an open mind to either direction. However, we had a large pull back this morning which makes sense to have. Keep an eye on...

Trade_Journal

$NQ - C'mon! One of my favourite indices, enjoy my outlook...! Key support...Hard or soft landing?! Best, TJ

Trade_Journal

S&P - Harsh landing!? As had FOMC, dot plots moving to further rate hikes till end of the year anticipated, dxy heads higher leading indices to land at an interesting area. I personally think it wont be soft as I have mentioned in my videos in...technically we are at very key support if this support does not hold further bearish momentum is set to continue....

Trade_Journal Updated 

UK10Y-GB We are overall at key area but just like EUR I see no fundamental reasons short/medium term on why and who would realistically going into Gilt at this moment of time. Inflation running hot, could estimated by this yr at 13-15%, recession, housing crises and last of all political instability.

Trade_Journal Updated 

$ETH - Edges lower! $ETH - H&S - Taking us to 1.2k - Even when merge occurs that's in sept - Powell speech shifted the markets into gear dxy heads higher and higher rates 75 are here to continue further - data dependent. 21st sept FOMC. Restrictive policy: July print - CPI lower however just 1 data. This will need to continue to set back the hikes. Have a...