#MarketOutlook #BlackStoneFutures https://linktr.ee/BlackStoneFutures 👉 As the US began to shortlist the five contenders to launch a Covid vaccine, the race to return to normality continues in earnest. With the news that Austria will start opening the border to the EU region again, the Chinese announced that they would allow international flights to enter China next week – albeit in a limited capacity. With the pandemic, riots and another earthquake in California starting to take a back seat it will not be long before financial markets start concentrating on economic news – it is noteworthy that the UK warned banks yesterday to start preparing for a no-deal Brexit.

We had another nice entry yesterday evening and I am disappointed to have missed the trade – but there is always another trade on the horizon and I will continue to scour the markets for that opportunity. I am keeping an eye on two opportunities today in the hope of getting onto the scoreboard.

1. #AUDJPY SELL 75.50 – 75.80
2. #EURJPY SELL 122.30

#MarketOutlook #BlackStoneFutures https://linktr.ee/BlackStoneFutures 👉 Another false start for me yesterday as I waited the entire day for the pullback which never really came as the GBP pairs all gathered momentum. I am very happy to hear that a lot of you have still managed to continue earning points this week and it would appear that the majority of you are using the strategy we covered in last months webinar. To avoid heartbreak I have decided to walk away from the GBP pairs today and instead will look at the EURJPY – there is a nice long term Fibonacci in place coupled with divergence and overbought price action which makes it look very attractive this morning.

#EURJPY SELL 124.75 – 125.25

#MarketOutlook #BlackStoneFutures https://linktr.ee/BlackStoneFutures 👉 I finally got on the scoreboard yesterday, the “pip” return may not have been great, but the percentage win was fantastic. There were two bites of the cherry yesterday which is rare these days and I managed to take the opportunity with both hands. It was interesting that despite the multiple reasons to take this trade, it didn’t “run away” from us, and with confluence persisting this morning I am going to see if there is another opportunity to trade the same pair – hopefully with a deep move.

#EURJPY SELL 125.30 – 125.80

#MarketOutlook #BlackStoneFutures https://linktr.ee/BlackStoneFutures 👉 It was another relatively stress-free day as we chipped away at the account yet again, I know that some of you may be a little disappointed to see those big 100+ point days. August is notoriously quieter than the rest of the year, and don’t forget that we have been aided by a lot of volatility in the last 6 months. Now is a time to be even more disciplined as it is easy to get ourselves into a pickle by chasing huge returns – these small gains every day are valuable and you will be amazed by the size of the accumulation at the end of the month.

#EURJPY SELL 126.00 – 126.30

01 September 2020

#MarketOutlook #BlackStoneFutures https://linktr.ee/BlackStoneFutures 👉 Yesterday was a bit of a “nothing” day in that once we entered a trade, price action just moved sideways until we eventually got out of the trade for a small gain. I am going to continue to focus on the JPY pairs this morning, there is still a lot of confluence with key Fibonacci coupled with divergence giving me confidence that there is a trade around the corner. Things have been a little quiet of late, but with traders returning to their desks over the next two weeks, we should see some attractive looking trades soon.

#EURJPY SELL 126.75 – 127.15

Trading Bias - Short
#EURJPY

by Dean Ronnie

👉https://bit.ly/3jgXIej

Trading Bias - Short
#EURJPY

by Dean Ronnie

👉https://bit.ly/3jgXIej