AUDUSD

Trading Mindset

Hello Traders! After many weeks of daily active trading on my part, i've hit a bit of a quiet period in which i'm still getting good trades off, however they aren't the 2-3 per day i was getting on occasion.  This is in part due to the recent spike in vol we have seen on the back of market jitters based on rising global yields. Market conditions just haven't suited my way of trading. So during this period i was reflecting on what the best thing(s) to do are when you hit these inevitable periods where you cant seem to [...]

By |March 10th, 2021|

Weekend comment plus AUDUSD Sentiment trade 24/02/21

Hello Traders,Weekend thoughts on this weeks action:Crazy week full of ups and downs.... !! The word on everyone's lips from seasoned market pros to the novice investor seems to be 'Yields' this week. The Bond Markets are playing a game of chicken with the FED at the moment, almost daring them to take action.... be that in the form of negative rates or yield curve control, seeing them start to put their foot on the long end by buying longer duration bonds.  A risky proposition either way.... I personally think that they won't tolerate a big steeping of the curve [...]

By |March 1st, 2021|

AUDUSD, NZDUSD & EURGBP trade setups taken this week using Sentiment 13/02/21

Another pips positive week behind us for those with access to the SentiFX sentiment indicators.... Here are some more examples of successful trades in the past week, taking the other side of retail positions. As always they were communicated to the Sentifx slack chat community forum under 'Trade Ideas'.Lets start with AUDUSD - per my recent blog on the 7th Feb, I was bullish the pair and had advised buying dips into unfilled Liquidity gaps for an expected upmove, firstly into the upper channel zone of the potential bull flag pattern that had been identified and then trade any breakout in [...]

By |February 14th, 2021|

AUDUSD Chart/Sentiment Analysis for the 8th Feb 2021

This is my analysis of the AUDUSD pair using SentiFX tools to understand how retail is currently positioned and how we may exploit this positioning to effectively take the other side of the 90%+ losing retail traders and bank some pips in the process. Starting with the Daily Chart you will see that the pair is in a very strong uptrend making consistent higher highs whilst retail have been trapped and adding to shorts for the whole ride up. Note that the 50 and 100 DMA's are in a very wide bullish formation indicating a persistent trend.Recently the pair has taken [...]

By |February 7th, 2021|

EoWA 7 June 2020

End of Week Analyses using Sentiment and Market Structure in Forex What's New? Today I added a trading strategy to the Market Structure Deep Dive course that using this single strategy alone of the Monday Range - you could have banked 1214 pips just trading the Majors last week. Just this last week alone would have more than covered the cost of lifetime membership. If you're ready to start making money trading and gain profitable concepts and ideas,  Join Us today. Directional Bias Retail Sentiment + Market Structure gives us a directional bias for our trades - regardless of your trading style. [...]

By |June 7th, 2020|

EoWA 17 May 2020

End of Week Analyses using Sentiment and Market Structure in Forex What's New?We added a Heatmap to the Sentiment Analysis Tool (SAT)Now you can QUICKLY see which pairs you should be focused on for the easy money.Want to Track Sentiment Yourself?We had some requests for an inexpensive way to traders to track Sentiment themselves. So we created the  Sentiment Analysis Excel Spreadsheet (very similar to the one I used to profit in the FX Market for years ). You can use it to quickly track retail sentiment and changes in positioning. You simply just have to type in the positions and everything is calculated [...]

By |May 17th, 2020|

EoWA 10 May 2020

End of Week Analyses using Sentiment and Market Structure in Forex Whats New? We had some requests for an inexpensive way to traders to track Sentiment themselves. So we created the  Sentiment Analysis Excel Spreadsheet (very similar to the one I used to profit in the FX Market for years ). You can use it to quickly track retail sentiment and changes in positioning. You simply just have to type in the positions and everything is calculated for you. We even included a simple version of the Sentiment Analysis Tool that will give you Buy and Sell signals and can also do [...]

By |May 10th, 2020|

EoWA 19 April 2020

End of Week Analyses using Sentiment and Market Structure in Forex DXY The Dollar is currently in a range between 99.63 and 100.30. We want to see a clean break up or down as shown by the arrows before we get too excited for either direction here. Structurally, DXY is more likely to make higher highs and take out stops above. However, when looking at other pairs there is cause for concern. Sentiment Readings using Basket Analysis shows that all of the pairs are clustered in the center of the quadrants. This is a clear sign of indecision of directional [...]

By |April 19th, 2020|

EoWA 22 MAR 20

FOCUS ON CORONA VIRUSThe major headwind in the markets is still the corona virus.  When volatility is this high, a good money management strategy is to lower your position size to account for the added risk.USDCADWith DXY (US Dollar Index) at near 19 year highs... I couldn't help but get the feeling that the juice may be running out - at least for now.Take a look at USDCAD above.  As retail became more and more short and entered the extreme zone between -75 and -100, look how price continued to move upward.  On Friday price started moving downward and appears to [...]

By |March 22nd, 2020|

EoWA 15 MAR 20

FOCUS ON CORONA VIRUS The major focus this past week was the fear surrounding the corona virus. When we get to looking at USDJPY we will see the opportunities that were present in the beginning of the week - with an eye for the change in direction by mid week. Sentiment Using Basket Analysis of USD/xxx, we saw the dollar get stronger verses ALL other currencies by 3/12/2020. Currency Baskets began clustering around the strong buy zone and USDEUR, USDJPY, & USDCHF were in the weak buy. (remember with basket analysis, we are putting all major pairs with USD/xxx) to [...]

By |March 15th, 2020|