Market is not stable thats why I am watching to see what happens, might wait for 4h or daily candlestick closure before sending a quality signal.
We'll recover all our losses very soon 👍👍

U.S Dollar Analysis 🇺🇸

At present, the US dollar is primarily being driven by the markets expectation for further interest rate cuts by the federal reserve in response to the outbreak of the Coronavirus in the United States.

Over the weekend New York has declared a state of emergency over the rising toll of confirm cases within the city.

The U.S S&P500 stock market has fallen 12.34% over the past 12 days, as markets fear of the economic impact the outbreak could have on the U.S economy if Central authorities are forced to lockdown many US cities to contain the spread of the virus.

It's an important reminder that stock markets are where the pension wealth of a country is invested, so the central bank must do everything in their power to reduce the impact of the coronavirus on the stock markets depreciation, by lowering interest rates and increasing the money supply to try and create an environment where borrowing is cheap, so spending can increase and help push up market expectations for stronger corporate earnings and higher stock prices that will push up stock markets from the lows created of the past few weeks.

Markets are pricing a 100% probability that the FED will slash interest rates again this month !!

As Long as rates continue to slide lower, the U.S Dollar will weaken as dollars positive overnight carry will diminish!!

Key Data:

Forward Looking Economic indicators will be closely watched by the markets as they predict the direction of GDP growth over the next 12Months!

Key Data points to watch out for:

1. ) ISM Manufacturing & ISM Non Manufacturing data PMI

2. ) Consumer Confidence

3. ) Housing Permits


Possible Sentiment Shifts:

If the coronavirus outbreak can be contained and markets reduce their pricing for rate cuts by the FED, the U.S dollar will likely strengthen as a result.

Keeping an eye on the total number of worldwide cases and fatality deaths will be key to this sentiment shift.

SIGNAL 📶: EURGBP SELL

ENTRY: 0.8716

SL: 0.8798 (78 PIPS)

TP 1: 0.8616 (100 PIPS)

TP 2: 0.8516 (200 PIPS)

TP 3: 0.8365 (350 PIPS)

Watch out for EURGBP. It's trying to create an "M" formation on the 1H chart. The right fall is what we're trading. So keep your eyes fixed to get a perfect sniper.. 🎯

Monday's hot here..
EURGBP running about 20+ PIPS ☑️☑️
Lock your profits and let this trail to the end of the week hopefully..

Everyone around me is selling GOLD. But I'm not into the sells. I'm into the buys. And I have my fingers crossed for the buys...
We're looking at more USD interest rate cut. So let's use a small lot size and have a buy now...

SIGNAL 📶: BUY XAUUSD

ENTRY: 1668.00

SL: 1648.00 (200 PIPS)

TP 1: 1688.00 (200 PIPS)

TP 2: 1718.00 (300 PIPS)

TP 3: 1738.00 (500 PIPS)

Running 100+ PIPS ☑️☑️☑️ on XAUUSD already. My bias is paying off. Let's lock 2% of this trade in profit. And keep out fingers crossed...
🤑🤑🤑🤑

EURGBP has played perfectly well for scalping.. we've been getting back to entry and I like that we're able to catch it each time it falls...
🤑🤑🤑🤑

The Corona Virus is causing huge moves in the currency market. Here's how to trade it...

Traders are going long JPY and CHF.

This is because company earnings across the world are going to be even more deeply affected than originally anticipated.

Expectations of employees not going to work, production lines stopping, airlines losing routes, luxury good sales plummeting, and large public gatherings reducing or halting altogether has resulted in large sell offs in global equity markets.

So, what will cause traders to stop buying JPY and CHF?

The simple answer is any news that suggests the initial fears over coronavirus have been exaggerated.

For example, if we have an early plateau in the number of new coronavirus cases.

If the coronavirus shows signs of being contained we can expect USDJPY and USDCHF buyers at market and pullbacks as the JPY and CHF long positions are unwound and the chances of a further Fed rate cut on March 18 are reduced.

Here's something else you should be watching out for...

Any declaration from the World Health Organisation’s Director General, Tedros Adhanom, that the coronavirus is being contained would cause the USDJPY and USDCHF to find immediate buyers.

Another trigger for this sentiment shift could be news that the death rate for the coronavirus in the West is lower than the 3.4% death rate that it has been in Asian countries, especially China.

If the death rate falls to 0.5% -1.0% then the market will start to buy USDJPY and USDCHF on a relief rally.

How beautiful is GOLD?
Don't you just love my signal already!!.
🤑🤑🤑

Todays results on VIP

📈BUY USDCAD TP2 HIT+50 PIPS✅
📈BUY USDCAD TP3HIT+100 PIPS✅
📉SELL EURGBP TP1 HIT+20 PIPS✅
📉SELL EURCAD TP1 HIT+20 PIPS✅
📉SELL EURCAD TP2 HIT+50 PIPS✅
📉SELL EURCAD TP3HIT+100PIPS✅
📈BUY EURCHF TP1 HIT+20 PIPS✅
📉SELL EURUSD TP1 HIT+20 PIPS✅
📉SELL EURGBP TP2 HIT+50PIPS✅
📉SELL EURAUD TP HIT+20 PIPS✅


TOTAL : 450 PIPS✅✅

✉️ You can join VIP clients
👇👇👇👇👇👇👇👇

✉️For more information please contact admin @nathanstein

Current trades;

EURGBP
XAUUSD

Keep holding these for now. I'll update you soon.

XAUUSD Stopped out at entry.. Was a nice swing trade..🎯
I'm still watching to get more setups

To all Account management clients;
Sorry for the little delay. Had some business meetings to attend and I've been working on a copytrade platform and possibly a robot. That's the reason for the little setback. But not to worry, I'm back to grinding hard. I'll see that you're properly sorted out...

Thanks 😌😌😌

You can now move SL to ENTRY point on EURGBP and let the rest run free.
💰💰💰

SIGNAL 📶: SELL XAUUSD

ENTRY: 1662.00

SL: 1672.00 (100 PIPS)

TP 1: 1652.0 (100 PIPS)

TP 2: 1642.00 (200 PIPS)

TP 3: 1632.00 (300 PIPS)

TP 4: 1622.00 (400 PIPS)

I still have my general buy sentiments on XAUUSD. But I'd like us to sell to buy. Meaning, we should sell this down to the 1630.00 and then buy from there. I want to buy just before the feds 🇺🇸 come in. So let's swing till then

Running about 30+ PIPS from yesterday. Nice swing trade 🎯

Keep holding, patience pays 💰

XAUUSD small loss at -30 pips.

Remember losses are unavoidable and WILL occur. It's all about risk management, which will lead you to profitability. Let's see if we can get in a nice trade for today.

I will update soon with some fresh analysis.

XAUUSD is retracing, we're back in profit..🎯.
Secure some profits immediately.

EURGBP has retraced and some of us were taken out by our SL which was in profit. So let's get back in..
Re-entry..