tomstewy

tomstewy

USD is having upside from the shaky risk perceptive that is the result of CCP protests in China. AUDUSD has traded into support following the dissapointing AU retail sales data. Despite this I'm bullish the pair, as generally the market sentiment feels USD bearish & I'm looking for this trend to resume. Find out if the AUDUSD will appreciate alongside me.

tomstewy Updated 

Gold is ripe for the taking and take take take I shall. Only hitting this with a small position, saving my weeks risk for FOMC on wednesday.

tomstewy Updated 

Gold has exhausted its move to the upside and is making one final push now. I anticipate a drop.

tomstewy Updated 

AUDUSD has rallied aggressively into a pivot point, closing the week at a significant pivot level. I am looking at price opening the week lower, and possibly making some short term downside. Be warned - this trend is moving hard & fast, and you don't want to be caught on the wrong side of it tying to catch the correction.

tomstewy Updated 

Howdy readers! Those of you cunning enough will have opened a short prior to NY close last week, anticipating a gap down at next weeks open. Gold has rallied aggressively through the last few days - most likely due to the USD downside (Ukraine war seems to be unwinding, China has lightened covid19 restrictions; both of which have attributed to risk on...

tomstewy Updated 

Will it win? Will it lose? I am taking a punt to find out. Risk is about 200 buckeroonis. Wish me luck.

tomstewy Updated 

I beleive the USD is about to roll back. Daily trendline resistance, support / resistance level capping upside.

tomstewy Updated 

Howdy folks taking a punt on AUDUSD pre CPI data today. Stand to lose bout a hundred bucks if this goes south.

tomstewy

Will Gold Spread Its Wings Post FOMC? 12 Hours until we find out. Gold is now sitting just above a considerable pivot level. The question is: will it hold? I'm not so sure that it will, but playing the long game never the less. I am long, waiting to see what happens leading up to FOMC & after. Fingers crossed for me :)

tomstewy

AUDUSD has bounced off the 50 and 200 hour moving averages, and we're looking for further downside! Sell this market

tomstewy

Please see the chart - US Market is showing many sell warning.

tomstewy

Bitcoin (BTC/USD) is crumbling to the downside, having broken the corrective channel. The 50,100 and 200 moving averages are well and truly in a bearish cross. We are looking for downside to continue into the 61.8% fibonacci extension at $21,400 a coin.

tomstewy

This is a war protection trade (Ukraine risk heightening).

tomstewy

Looking at a potential double top pattern at previous structure. Despite ECB being surprisingly hawkish the US Fed still have a long way to catch up on hiking, and all insto traders know this. Technically clean, selling the previous high levels. Targeting the 127% fibo extension.

tomstewy Updated 

ADA is making a rebound today out of the daily trendline resistance. I am looking for support to hold, and price to make a bounce in the trading session later today. Technically I’m looking for price to bounce from the key figure of $1.50, which is just above yesterdays Asia Session high & the EU session low. Entry at: 1.500 Violated below: 1.4300 Upside...

tomstewy Updated 

Looking for mean reversion on GBPUSD as had RSI overextended, trading outside BB, and SAR now forming below price.

tomstewy

Bitcoin has been often touted as digital gold. With Ukraine<>Russia tensions heightening we are seeing risk-off trades, with USD, JPY, Gold and Oil all appreciating. Bitcoin however has not yet appreciated. Price seems to be stabilising around the $40,000 mark, which may be an opportunity to go long. THIS DEPENDS ON ONE THING: IS BITCOIN DIGITAL GOLD? If bitcoin...

tomstewy

I lately published a SPDR500 short idea as interest rates and inflation are both on the rise in the US. There is currently a knock on effect in global markets, and this textbook technical short trade exemplifies it.