jvrfxalerts

jvrfxalerts

Hello traders DXY has found solid weekly support and has closed above the breakout level. Gold closed the week with a significant bearish engulfing candle. US10 Y has also found support. That leaves Bitcoin which has been trading below the $100,000 level for 9 sessions in a tight range. I believe that the indecision on Bitcoin is not about any lack of future...

jvrfxalerts

Hello traders My TP at 1.0370 was executed on my long EUR/USD position. I have initiated a short EUR/USD position after Chair Powell's testimony this morning. He expressed confidence in the economy staying robust and that there is no rush to cut interest rates. The chart is my guiding light on a daily basis to determine which direction risk is heading. EUR/USD...

jvrfxalerts

Hello traders In the words of Marie-Antoinette, "let them eat cake" is where I believe the Trump administration will take us. It will not take four years before his Nationalist, America first doctrine will leave us all much worse off than before. He won the election, as I have believed he would, on exaggerated immigration issues but above all, "the economy,...

jvrfxalerts

Hello traders In the words of Marie-Antoinette, "let them eat cake" is where I believe the Trump administration will take us. It will not take four years before his Nationalist, America first doctrine will leave us all much worse off than before. He won the election, as I have believed he would, on exaggerated immigration issues but above all, "the economy,...

jvrfxalerts

Hello traders Yes, Chair Powell, has spoken. The FOMC is not in any hurry to cut rates. He also refused to comment on the promised Trump tariffs since there is no data reflecting that. The next rate cut is now projected by CME Fedwatch (Federal Funds Futures) not to happen until the June 18th FOMC meeting. Ms. Christine Lagarde is our next speaker after the ECB...

jvrfxalerts Updated 

Hello traders FOMC is bearing down on us and this is not the time to be a deer, frozen in the headlights. I am rolling with the market movements, despite the long term bearish trend. I closed out my short positions (1.0426 and 1.0515) this morning for a total of +101 pips. I have used multiple time frames to illustrate the technical and price action side. The...

jvrfxalerts Updated 

Hello traders I don't have a lot to say today. Big surprise. I broke two cardinal rules of trading when I entered into my short position. I was mentally anxious about my upcoming spine surgery and I did not do my homework properly. Despite this poorly timed short entry, I reconsidered and kept my stop at 1.0545(give the 1.0534 high some breathing room). So, still...

jvrfxalerts Updated 

Hello traders What fun had by all at the WEF in Davos today, listening to DJT threatening our allies, Canada and the European Union, oil producers, US banks and finally, the FOMC, his favorite foe. AND Central Banks across the globe: drop interest rates. WHAT???? He does not even pretend anymore that there is something called the free market, ESPECIALLY in the...

jvrfxalerts

Hello traders Ballyhoo Definition & Meaning Merriam-Webster www.merriam-webster.com › dictionary › ballyhoo Jan 5, 2025 — 1. a noisy attention-getting demonstration or talk 2. flamboyant, exaggerated, or sensational promotion or publicity 3. excited commotion Trump description to the T The TRADINGVIEW team has already published an excellent Idea regarding...

jvrfxalerts

Hello traders I took profit on my long from 1.0260. I entered into a poorly timed short at 1.0380 but exited that trade when the December low at 1.0341 did not break. I went long again at 1.0355 and exited at 1.0425 and shorted at 1.0426. The power of alerts and entry orders. My TP is at the very least 1.0308. So, just my usual up an down in the high speed forex...

jvrfxalerts

Hello traders Tomorrow we will Celebrate one of the greatest human beings who have walked the earth in recent memory, Dr. Martin Luther King. He stands shoulder to shoulder with the South African hero, Nelson Mandela. It is an easy segue to the other South African, our new Co-president, Musk. He poured an unprecedented amount of money into Trump's campaign which...

jvrfxalerts

Hello traders I am still long AUD/JPY from 96.96 as mentioned before. So, why the shame? Because I missed out on the EUR/USD bounce to 1.0277, the after NFP print high and also close to a breakdown point. I am located on the USA west coast, so by 2pm, I tune out because conditions become extremely liquid when NZ opens, with spreads of up to 9 points on EUR/USD and...

jvrfxalerts

Hello traders Best wishes for a prosperous and low stress 2025. I purposely waited for the recent USD NFP print to enter into any meaningful trade. The USD/JPY reaction is what I was looking for. It is turning up and this rising tide has lifted all the major JPY cross boats. I have initiated a long AUD/JPY position at 96.962. FUNDAMENTAL REASONS: BoJ Governor...

jvrfxalerts Updated 

Hello traders My last idea worked out profitably. +85 pips. We are entering the last 24-36 hours of meaningful trading. Keep in mind, the Asian markets may not be so invested in the Holidays and may take advantage of the low liquidity in the Western markets. However, levels are levels, especially in the most liquid currency pair, EUR/USD. Take a good look at the...

jvrfxalerts

Yup, the heading of this idea is very much tongue in cheek. The Euro is fundamentally on the backfoot, especially after the confusing FOMC "we are slowing down while walking into this dark room" rate cut. WTH??? No need to cut because the Labor market is A OK, but we are cutting anyway because inflation may increase again. Call me dumb but I replayed that Press...

jvrfxalerts

Hello traders Clarification: CAD is also referred to as the loonie, a former Canadian one dollar coin. The 50 base point cut by the BoC was expected. The CAD strengthened against the USD and CAD immediately afterwards. Classic knee jerk reaction of buy the rumor, sell the news. Both EUR/CAD and EUR/USD have found support on the 4H chart. The EURO has been on the...

jvrfxalerts

Hello traders. THIS IS JUST AN IDEA, NOT INVESTMENT OR TRADING ADVICE The fundamental backdrop for a bearish EUR/USD continuation stays unchanged in my opinion. This morning's reaction to new jobless claims was probably a knee jerk reaction since the release is only 24 hours away from NFP data and two weeks away from the FOMC rate decision. And the BOJ decision....

jvrfxalerts

Hello traders I have the opportunity to catch the opening bell of the NY, Asian and London/Europe markets. It does come at a cost with interrupted sleep when necessary but the pay off is worth it. I trade EUR/USD in the morning and the JPY crosses in the afternoon with the focus on AUD/JPY. The technical indicators, in my opinion, point to the possibility that a...