WillSebastian

WillSebastian

Reversing off from a slight hawk (hold rates oct) ECB view we can see weakness coming into EUR pairs. Forceful drop this AM on a slew of bad data. Reasonable long zones approach. Keep caution.

WillSebastian

EUR/JPY has retraced further on a weaker yen post BOJ last night. Seems like there is no real worry around the yen (yet). Targets/entries/exits labelled.

WillSebastian

USD/CHF still sunk on a weaker Dollar. Does not seem to be enormous strength to the upside. Any shorts must be tiny.

WillSebastian

JPY weakness overnight comes off the back of BOJ comments RE Rates. Ideal zones exist now for shorts, with spacing higher.

WillSebastian

FTSE is not feeling entirely confident amid some BOE woes. Risk on not channelling alike to US / German Markets. Still reasonable long/short either side.

08:15

WillSebastian

XAUUSD needs care. If you are slamming highs with massive sizes you will not last. That's because Markets can stretch further than you'd like. And that's not good if you are mega exposed.

WillSebastian

Easing cycle in Canada remains faster than that of BOE baring surprises today. Momentum still there for longs, so early hedges may be necessary as long as they are kept light to reflect early retracement stage of markets.

WillSebastian

GBPAUD fell post FED cut yesterday. HOLD from BOE widely expected, Awaiting reaction for long/short entries.

07:41

WillSebastian

BOE meeting awaits. Key levels for trading as well as some market principles can be covered.

WillSebastian

EURNZD may slide on a weaker USD. This represents Risk on (opposite of previous price movement). No new longs for a while on larger falls.

WillSebastian

NZDCAD has been uptrending for a considerable amount of time. Risk inflows as a results of weaker USD may be apparent post FOMC later, coupled with a weaker CAD. Would not be surprised if higher prices reached (Upper TL).

08:35

WillSebastian

Markets reverse because of changing economic sentiment. That's the easy part. Managing your entries/exits is what needs overall care. Get consistency with this approach.

08:08

WillSebastian

Trading Dips when you have various resistance levels blocking your overall target is vital. Don't hold for swings only, as you may get whacked lower.

07:30

WillSebastian

EURUSD is rallying back towards local highs on USD weakness / Slight EUR strength. Understanding price momentum is key to better forex judgements.

07:31

WillSebastian

Accuracy comes from understanding. Understanding comes from knowledge & Practise.

WillSebastian

The SPX rally that started on a softer landing scenario has been fuelled even more by investor confidence. It's always wise to remember that equities generally will not fall unless there is reason. That would come in the form of real economic headwinds, or at least the speech about their potential. To stop being wasted; 1) Trade tiny sizes. 2) Only short once...

10:05

WillSebastian

In 8 different instances, you could have been easily right. The USDCAD has drifted up, down, sideways at times. No real sentiment shift to cause massive favour over either currency. Here's how to make it easy.

08:35

WillSebastian

Immediate Dollar weakness has hit the DXY back to local lows. This shows weakness and represents overall market sentiment. Making the right call, therefore, is very important.