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MoneyFocus replied Sep 17, 2017Nasdaq has all the cool tech and biomed companies... SP500 corelates with oil more...
Trading NQ and SP500 vs the Dow
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MoneyFocus replied Sep 17, 2017EUR/USD has not made lower lows and there's a Abandoned Baby Bullish candlestick pattern formed. However, a review on the USD/JPY charts show bullish momentum as well, on the weekly and the monthly charts.
DoNotFollowThis
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MoneyFocus replied Sep 17, 2017Yes I did read through the last few pages. Thank you so much for directing me there. I have no open positions now (more of an intraday guy), but I am bullish on the euro too. I note that you're living in the US. Do you trade the Sydney hours?
Cesarnc's market talk, gossips, rumours & fun
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MoneyFocus replied Sep 17, 2017We're less than 5 hours to opening, I'm running a flu, hopefully it will still be a good day!
MoneyFocus' Journal
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MoneyFocus replied Sep 17, 2017video I think I would zero in on a few key trades: -Buy USD/JPY -Buy EUR/JPY Scalp ideas: -Sell GBP/USD -Sell GBP/JPY
MoneyFocus' Journal
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MoneyFocus replied Sep 17, 2017I am bullish on both EUR and USD. But more bullish on EUR, so expecting EUR/USD to rise and test 1.207. A better trade might be EUR/JPY however.
DoNotFollowThis
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MoneyFocus replied Sep 17, 2017Do note that these are not finalized ideas and anything and everything is subjected to last second changes. Cheers.
MoneyFocus' Journal
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MoneyFocus replied Sep 17, 2017Just taking another look on NZD/USD, the H&S pattern is still not broken. Having said that, I think NZD/USD is supported at 0.7210 so the H&S might eventually not play out. Might attempt selective sells on NZD/USD, especially with USD looking ...
NZD/USD
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MoneyFocus replied Sep 17, 2017Re-grouping my ideas. Sell GBP/JPY Sell GBP/USD Buy USD/JPY Sell NZD/USD Buy EUR/JPY Buy EUR/USD Buy AUD/JPY Dropping the call to buy EUR/GBP. Likely to be too volatile to ride through.
MoneyFocus' Journal
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MoneyFocus replied Sep 17, 2017Just taking another look on NZD/USD, the H&S pattern is still not broken. Having said that, I think NZD/USD is supported at 0.7210 so the H&S might eventually not play out. Might attempt selective sells on NZD/USD. 1. Sell GBP/JPY (counter trend) 2. ...
MoneyFocus' Journal
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MoneyFocus replied Sep 17, 2017Don't thank me, I may or may not be right. Had a good first day of my new journey, hopefully it continues this way.
MoneyFocus' Journal
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MoneyFocus replied Sep 17, 2017For what it is worth, I'm actually bullish on EUR/USD as well, though I see a bullish case for USD/JPY too. This either means I'm wrong on EUR/USD or a better trade would be on EUR/JPY. I'm leaning towards the latter.
Cesarnc's market talk, gossips, rumours & fun
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MoneyFocus replied Sep 17, 2017I locked in on my EJ gains, 150 pips...good day for me, though I surrendered 35 pips on GBP/JPY...overall great day.
Cesarnc's market talk, gossips, rumours & fun
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MoneyFocus replied Sep 17, 2017Glad you made green pips. Your outlook for GBP/JPY for the coming week? I'm still bullish, but expecting a pullback. Could be looking for sell opportunity and then buying on dips.
Dragon Riders GBP/JPY
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MoneyFocus replied Sep 17, 20171. Sell GBP/JPY (counter trend) 2. Sell GBP/USD (counter trend) 3. Buy USD/JPY 4. Buy EUR/JPY 5. Buy EUR/GBP 6. Buy AUD/JPY 7. Buy EUR/USD
MoneyFocus' Journal
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MoneyFocus replied Sep 17, 2017Looking for sell opportunities on GBP/JPY and GBP/USD. Both in the overbought zones, GBP is still bullish, but I think after that monstrous run up, retracement is likely. Looking for longs in USD/JPY, AUD/JPY and EUR/USD. Just some of my preliminary ...
MoneyFocus' Journal