WillSebastian

08:04

WillSebastian Updated 

Rumoured Japanese intervention shocked markets Post CPI. For the fall to be sustained, more intervention, or significant rhetoric change would be needd PRE BOJ meeting EOM. Here's my preferred strategy.

WillSebastian Updated 

USD weakness stemming from a more dovish fed has taken us straight back to previous long-side 'demand' areas. Storming back into these areas on strong sentiment does not normally warrant large sized longs. Hold off, or make it small. Lower areas preferred. Re-shorts only higher as drawn.

WillSebastian Updated 

AUDUSD has retained a significant downwards trajectory over recent years/history. This has been due to ongoing USD strength and is reflected amongst various USD pairs. A) The Technical Bias Remains short on pushes beyond this point (Price Action Supply Areas). B) Sentiment Bias comes in that the RBA is holding up AUD Strength via less dovish speech VS...

WillSebastian Updated 

The latest mid-term downtrend has reflected an uptrend/upwards trajectory on a faster easing BOC Policy. Lately, The RBNZ has reacted to data and given a more dovish stance, supplying NZD weakness and a return back down the up-trending channel. CPI out of Canada today does not change this, NZD data later might. Sentiment case still largely supports upside.

WillSebastian Updated 

GBPNZD has rallied significantly on GBP strength / Antipodean weakness. From a Technical perspective, we are at short value areas (previous price rejection). 1) Price Action level areas hit now, selling bias. 2) Market Sentiment longer term likely to support short case. Second areas above, and below.

08:01

WillSebastian Updated 

USDJPY has rallied continuously because there is a main long side bias within the different interest rates between the two economies, the US being much higher. It must be understood that buying of Yens only occurs with a good reason, of which, at the moment, there is none. Talk of intervention, is only talk. You can get better entries with a bit of this...

07:34

WillSebastian Updated 

There are lots of rumours regarding Presidential candidates and Crypto Assets, from both a more open and a more restricted view. This can feed directly into Sentiment and provide a long term long, or short case depending on the result that may occur. Let's discuss it and levels for entry/exit.

WillSebastian Updated 

GBPAUD has rallied significantly on continued pound strength/near term sentiment. Important UK data comes this week which may change sentiment / momentum direction. Short side preferred on value, See Stoch, distance from MA's. Long term sentiment case still fits falls / long term downtrend (slower RBA easing cycle).

WillSebastian

Significant rallies across EUR pairs have brought us to key short areas. This goes in the face of continued down-winds on the same pair due to the long term macro cycle, which, largely still persists on the EURAUD. Still room to the upside, should the current momentum persist and take the EA higher. Short levels noted on potential fall from current PA level /...

WillSebastian Updated 

ETH/USD has been floating within slightly lower highs and higher lows. Ultimately, you will go either way once sentiment changes. At the moment, there is no real clarity and movement is diverging from FED soft landing rhetoric. Ideal to either wait, or trade within ranges tightly.

WillSebastian Updated 

The EURAUD has reversed its near term upwards trajectory upon AUD news last night (employment up). More employment means strength for the AUD as it typically does not help inflation lower. Having that said, we are nearing intraday setups between falls. Longs preferred lower @.618 on displayed chart, coinciding with higher timeframe areas.

WillSebastian Updated 

As the JPY has gained value, on propping up rumours via Japan Authorities, we have seen a drop in the Nikkei. The pro growth rates set by the BOJ have allowed the Japanese Nikkei to grow to higher highs continually, inline with the positive market sentiment spurred on by a better global economic outlook and a soft landing. A retracement, however, would reflect...

05:43

WillSebastian Updated 

Harsh upside momentum has been fed by the FED. Traditionally, gold has been a safe haven asset, but now, it seems it is de-pegged from this sentiment driver and rising on continued soft landing hopes. As we rise again to highs and previous short zones, we can discuss ATH's.

WillSebastian Updated 

The previous long zone we took on key technical setups (Bottom side of TL, Key price action areas) has warranted an exit. 1) Looking for dips on a tech bias to re-buy and accumulate great deals. 2) Tracking Market sentiment, which supports the same case (EUR buying, no real BOC deviation).

05:09

WillSebastian

Within Market trading, regardless of the assets involved, you need to form both a technical and fundamental case for your bias. When you do this, you grip great deals, and you also know where it is likely you will head. This is simple to learn, when described in a simple format.

WillSebastian Updated 

CAD CPI hotter than expected, but not causing a huge difference in expectations on MP. USDCAD has ranged very well, and that kind of news sits well for this to continue. 1) Tech Basis lies on a falling Market, key levels above for re-shorts. 2) Sentiment supports a drifting slightly to the downside, BOC slightly ahead of the FED. Easily could change on US...

10:01

WillSebastian Updated 

What is moving to SPX up relentlessly and how should you trade it? Lots of Traders are looking at the SPX to catch a potential retracement. This will not occur until the Sentiment drivers behind the market change. At the moment, very recently, its confusion. This could lead to a larger, sudden change, should any rhetoric from Powell give it fuel.

WillSebastian Updated 

The Sentiment case facing the EURAUD is causing a mid term downtrend off the back off a more committed ECB to easing. Late rhetoric out the RBA has actually provided a small relief to this, but the over-whelming longer term sentiment reflects the origin (Lesser demand for EUR VS AUD based on easing). A) Technical basis for longs exists at the PA zone noted,...