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- 21 Results (1 Thread , 20 Replies )
- FuseForex replied Sep 20, 2016
Traders, There are many updates to go over, but time is limited - so we will keep it short. Tomorrow is a big day for the dollar, as we have pertinent information out of the FED regarding interest rate directional moves. As of today, price action ...
- FuseForex replied Sep 6, 2016
Traders, The dollar did continue to fall today, and the market showed it's hand quicker than expected. We were looking for 2-3 days for validation but were still correct. Dollar futures broke down on volume today, invalidating the last point of ...
- FuseForex replied Sep 2, 2016
Traders, As mentioned yesterday we expected a GBP short squeeze, and on the heels of worse than expected data out of the US - we saw the GBPUSD quickly rally. While we have many longer term short GBP themes, we have been trading the short-term ...
- FuseForex replied Sep 1, 2016
Traders, It's safe to say we are witnessing a real short squeeze on the GBPUSD and GBP crosses, overall. GBPUSD breached DR3 today and pulled back slightly on the move into the D20/50EMAs - which was to be expected. A clear move outside the medium ...
- FuseForex replied Aug 31, 2016
Traders, The GBP remains eerily resilient among the other major currencies despite immense dollar strength in the prior few sessions. This is leading to much chatter about a larger short squeeze in order for the GBP - which is possible, but still ...
- FuseForex replied Aug 30, 2016
Traders, Beware the short squeeze. As previously stated, dollar futures have run into the key 96.00 level but we think this will go higher. The stage appears to be set with new distribution support coming in at around 95.50. We have been trading the ...
- FuseForex replied Aug 28, 2016
Traders, The dollar last week on the heels of remarks from Yellen look real. Good volume there on buying, good level of support running into a fundamental driver, and lots of distribution now below 95.00 - which bodes well for virtually all dollar ...
- FuseForex replied Aug 24, 2016
Traders, A loss is brewing for us - overnight pound futures rose steadily on volume with the dollar futures which is never a good short term sign if one is short with a bias for dollar longs. More than likely, come session end, we will be cutting ...
- FuseForex replied Aug 23, 2016
Traders, We do expect GBPUSD to turn here, however if it cracks 1.3250 this trading session then more than likely a larger short squeeze is in order. Otherwise, we are showing an exhausted trend, and range expansion for the following day putting in ...
- FuseForex replied Aug 22, 2016
Traders, State of the markets are fair, and quiet. GBPUSD still holds onto a bearish theme below 1.3250 - however it still is holding the short term correction. The point of control is around 1.3200 right now which comes in at a high volume level ...
- FuseForex replied Aug 18, 2016
Traders, Buyers still look they are in control of the GBP and the new micro-support for the GBPUSD comes in at around 1.3050 - we are continuing to hedge our macro short GBP themes on a potential move higher on the Sterling. Market conditions right ...
- FuseForex replied Aug 17, 2016
Traders, Something to keep an eye on... EURAUD - Lots of data out of Australia this coming session, and based on where the pattern sits, technically, if there are any misses in data points this will likely fuel the EA higher. Seems to be a repeat ...
- FuseForex replied Aug 16, 2016
Traders, As expected, the GBPUSD has pulled back (reasons: decent inflation data) however, we still believe the longer term trend is in place. Please take a look at today's price action - we have just cleared the D10EMA (initial area of stiff ...
- FuseForex replied Aug 15, 2016
EURUSD looks like a very large H&S pattern... Think the USD still appreciates 6-12 months but closely watching this. We still want to take macro long USD positions but the GBP has just been too easy of a trend. In reference to the areas on the ...
- FuseForex replied Aug 15, 2016
Traders, Notice how GBPUSD tested the DS1/ADRL perfectly today - containing price action thus far during the New York session. The primary reason for our comment is to note how the markets behave sometimes, not providing corrections, where novice ...
- FuseForex replied Aug 14, 2016
Traders, While the GBP is trending strongly to the downside, at this point - we are constantly watching out for intervention. GBPNZD is one we put some risk on, but we are prepared for it retrace. We will be risking about 1% on this trade, however ...
- FuseForex replied Aug 12, 2016
Traders, Just prior to the NY open session the GU spiked showing the largest volume 15 minute period within the last 7 days - sellers quickly came in and we saw the ADRH and 10DEMA play a very key role in resistance. As we constantly mention, the ...
- FuseForex replied Aug 11, 2016
Traders, Oil has rallied quite well today, running past the Daily 10EMA and now testing the monthly pivot. We think this has curved out a good short term base for a move back above $45 and a new support level coming in at around $42. Since the CAD ...
- FuseForex replied Aug 10, 2016
Lesson - Drawdown is also very relative to the actual duration. Look no further than my personal drawdowns. Swing Trading image Position Trading image BREXIT Trading image You will notice that for both the Swing and Position trading accounts ...
- FuseForex replied Aug 10, 2016
Traders, GBPNZD looks very likely to head much lower. RBNZ came out and held rates and the NZDUSD has responded in a very bullish fashion. Technically speaking, we see the new level of resistance forming for the period moving forward at around 1.81 ...