Nicolas3's Blog

Avatar

Is USD on the verge to give back?

Hello Traders,
The USD had its worst month in january since almost 30 years. According to Peter Shiff, the party is over. The USD Index just dropped under the psychological level of 100.
Trump is saying the euro is too strong and this might mean that he wants a weak dollar.
So maybe it's time to take mid term short positions against the USD.
Moreover, the stock market is also surfing on psycho level ( Dow Jones now down from 20. 000).
Good Luck !
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Short AUD/JPY

I see audjpy as a nice short for at least 100 pips.
Have a good one
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Day II

Hi Traders,
Day 2 in the arena. I bet on a a rise of the Yen and that paid off. Still short aud/jpy and gbp/jpy with target respectively at 84 and 157.50.
I'm also short usd/cad but I believe a return on 1.3075 is possible before 1.2950 (my target). The slower, the better. When the indicators are not overdriven, prices get more room for the future moves.
My charts tell me the USD will have a tough time this month and I'm looking for a good level to enter aud/nzd/eur trades against USD.
I made a …
Read full story
Translate to Inglese Show original
oper inserire commenti