Hello everyone,
My system tells me to swing long GBP towards 1.3 area. With inflation picking up in UK the path of least resistance is up. The fed is cornered and i dont think that any type of hike will help them today. I am expecting 25bps, markets will buy usd and then a dovish speech from powell. If they pause it will be the same. Only if they cut i think that will cause some massive panic and everything will sell off but this is a far fetched idea.
Stay safe and cheers!
My system tells me to swing long GBP towards 1.3 area. With inflation picking up in UK the path of least resistance is up. The fed is cornered and i dont think that any type of hike will help them today. I am expecting 25bps, markets will buy usd and then a dovish speech from powell. If they pause it will be the same. Only if they cut i think that will cause some massive panic and everything will sell off but this is a far fetched idea.
Stay safe and cheers!
עסקה פעילה:
Closed some exposure and hedged with EUR and BTC shorts. If market enters in panic mode today with SPX cracking the trendline here.. Its gonna be game over
עסקה פעילה:
still in this long..but waiting for the market to resolve one way or another... i am not adding to my pos so i am sitting comfy in a low risk trade.. will add if i see fuel for the next leg up. If not.. Short. i re-entered the short i had. Got stopped by but you can check the idea here. Target remains the same
עסקה פעילה:
GBP swing looks good. Stopped on the short. Will continue to add to my pos as April is a good month for GBP...Any pullback will be a blessing
עסקה פעילה:
Added a bit more exposure to this trade. 1.3 area looking to
עסקה פעילה:
De-risked.Dont like it that much now
הערה:
Added to my longs here a bit more
עסקה פעילה:
Will probably exit GBPUSD on Monday since its going to be end of month. Been holding this for a while
העסקה בוטלה באופן ידני:
Closed the pos for 3.8R in total including scaled positions.
Looking forward for the next swing opportunities
Looking forward for the next swing opportunities