Banks started to buy CAD after London open, so we will wait for a breach. image

Fundamentals + sentiment + order levels rationale

Poor pre-Brexit Industrial data from UK. Will it push cable lower? image No: short squeeze in progress. Waiting for a hit of sell limit: image

Fundamentals + sentiment + order levels rationale

Waiting for USD CAD to breach this daily resistance for move higher. Crude bounced down from daily resistance, dollar stronger. We don't see big reaction to this level. More like pressing against it. image image

Fundamentals + sentiment + order levels rationale

NZD USD limit buy, it seems there are big buy orders.

Fundamentals + sentiment + order levels rationale

USD JPY missed limit buy by 1-2 pips:

Fundamentals + sentiment + order levels rationale

Cable broke important support. Because of this: image Maybe it will pullback? image Because it is very crowded trade, it requires short squeeze. 9:38 CET: There are rumours in the banks of bids 1.298-1.295. image Possible short squeezes image

Fundamentals + sentiment + order levels rationale

AUD USD triggered during night, exited manually before Europe starts. PPI from China was better than expected, so I expect Europe will be buying AUD. image I was right: image

Fundamentals + sentiment + order levels rationale

USD CAD ran away from me. 1-2 pips missing. image

Fundamentals + sentiment + order levels rationale

USD JPY near half distance till TP. SL to BE: If sentiment will change in US, then it will hit BE.

Fundamentals + sentiment + order levels rationale

We need to learn how to use it: Oil up = stocks up = USD CAD down = USD JPY up At least in Europe session. image

Fundamentals + sentiment + order levels rationale

Risk on in Europe it seems. Should help USD JPY long

Fundamentals + sentiment + order levels rationale

Cable was grinding higher in Asia with some bouncing from 1.3097 and fib 50 of NFP move, but price did not go very far. Next R is past S 1.3103. Sell limit from there.

Fundamentals + sentiment + order levels rationale

If SP500 will break R and make new record high, USDJPY must go higher.

Fundamentals + sentiment + order levels rationale

NZD USD short Daily trend: up Sentiment: down (good data from US | market reacted poorly to very good milk auction data from NZ) Fundamentals: down (rate cut possible) A strong rally has been seen in NZD/USD following the turn in the US Dollar last ...

Fundamentals + sentiment + order levels rationale

4. USD JPY Daily trend: down Sentiment: up (good data from US) Fundamentals: down (monetary policy package in JP was disappointing and JPY is getting still stronger) "What the BoJ did, it did not qualify as a 'bazooka' by markets and the yen ...

Fundamentals + sentiment + order levels rationale

3. USD CAD Daily trend: up Sentiment: up (bad employment data on Friday from CA and good data from US) Fundamentals: up (oil falling on oversupply) Market is trying to breach strong daily R at 1.3185 and then 1.32 Enter long limit at 1.3132 image

Fundamentals + sentiment + order levels rationale

2. EUR USD Daily trend: range Sentiment: down Fundamentals: down Preferably we are looking at shorting direction. image image

Fundamentals + sentiment + order levels rationale

1. Cable Daily trend: down/range Sentiment: down Fundamentals: down Preferably we are looking at shorting direction. image

Fundamentals + sentiment + order levels rationale

This is a little joke from above book: Albert Einstein once said, You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew. Einstein could have been talking about trading when he made this remark. ...

Fundamentals + sentiment + order levels rationale

image url Very helpful book about trading psychology. I learned how the mind works and why it deceives us and how to prevent it from 1st chapter. Latest research from behavioural finance. Trading in the zone is outdated.

Fundamentals + sentiment + order levels rationale