RBA rate cuts have been good to get in on. 0.82's have been good levels to get in on earlier in the year. I think if rates are cut tonight, we'll see 0.75 again very soon. As long as USD news remains positive of course...

No brainer fundamental trades

looking to sell Australian Dollar against stronger currencies ahead of the next rate decision, as the AUD is currently very expensive when a rate cut is being considered. Weakening economy too, what's other's thoughts?

Fundamental Trading with a Directional Bias

Last week wasn't a bad week again. We had huge sell-offs in the New Zealand Dollar as CPI came in negative once again, and the RBNZ actually spoke about the possibility of a rate cut. We also saw the U.S. Dollar fall as more weak data dented the ...

Fundamental Trading with a Directional Bias

Last week we had a very 'different' week to what we've been used to over the past few months. We saw huge Dollar sell-offs, a lot of which attributes to the weak data we had on Tuesday in the form of Retail Sales and PPI. When this data did come in ...

Fundamental Trading with a Directional Bias

@cliffedwards Another obvious one yes, totally agree!!

No brainer fundamental trades

@bullbearies & @hanover Yes, forgive me also, it's great to have you in the thread! @verv In my honest opinion I'm not a fan of breakouts. Not to say they don't work, it's obvious that people have a lot of success with them, but it's never been for ...

Fundamental Trading with a Directional Bias

@bullbearies it's great mate, we're trading a very similar method and the best thing, they work!

Fundamental Trading with a Directional Bias

@Hanover Nope, absolutely right! And the great thing is, that normally more than one reason why a currency is fundamentally weak or strong must ALWAYS be present. For example, reason 1 may be that they have slow growth and the economy is generally ...

Fundamental Trading with a Directional Bias

You've mentioned the major ones, although I didn't get in on CHF and still don't trade it today, looking back it was probably pretty obvious. ECB wanting to print money, EURCHF capped at 1.20, would cost a fortune for them to keep it up through ECB, ...

No brainer fundamental trades

Well done @bullbearies! I got in on Cable too, here's some analysis I posted before on TradingView url and then look now... A good trade on USDSEK too, although I don't trade SEK

Fundamental Trading with a Directional Bias

@SakibFX This past week the main event was the Aussie Dollar interest rate decision and statement. A rate cut has been heavily expected for the past couple of weeks and the market had priced this rate cut in, as you can see over the past couple of ...

Fundamental Trading with a Directional Bias

@bullbearies Great trade there mate!

Fundamental Trading with a Directional Bias

@bullbearies you've posted some fantastic stuff here, it's amazing how predictable we can make it. AUD gapped over the weekend and had lost a lot of value by the time you entered so I personally wouldn't have took it at that level. Tbf, it does boil ...

Fundamental Trading with a Directional Bias

Forex markets are predictable both short term and long term. Long term is much easier as it's simply based on fundamentals of each economy. Fore example, AUD/USD will keep heading down because the Fed are ready to increase interest rates, first ...

Profiting from an unpredictable market?

@Renaud I personally don't spend much time in front of the computer, but always have my phone at hand. I follow @ForexLive and @livesquawk on Twitter, have notifications turned on, and they post the real time events as they happen. Obviously not as ...

Fundamental Trading with a Directional Bias

@bullbearies Very true yeah, I used to find this so confusing and random before I pieced the two together. To be honest, there are that many people adding indicators to charts, coming up with these 'systems', adding filters, and still getting ...

Fundamental Trading with a Directional Bias

That's fantastic mate well done! It's something I've never done look at it for the low and high of the day! But great trade!!

Fundamental Trading with a Directional Bias

Just checked the charts, great trade there mate!!

Fundamental Trading with a Directional Bias

@bullbearies Sounds great and looks great actually. To be fair, I know see trading as quite simple. You're simply looking for a strong vs weak pair, and then a level. People just seem to make it harder than it needs to be... Do you trade for a ...

Fundamental Trading with a Directional Bias

@verv I know let myself down there @bullbearies Sounds interesting, that's why I try to find a decent level of support and resistance as sometimes I left it till around 6:00AM when I wake up and a pair had already bounced and travelled even 30 ...

Fundamental Trading with a Directional Bias