It’s a quiet morning; my views again…

Koorosh asked earlier for my trade ideas; they are really encompassed in my earlier post but I will re-iterate (please ecuse the repetition).

Bigger picture:

  • long USDJPY, EURCHF, EURGBP
  • neutral EURUSD, AUDUSD, Equities (but can’t find strong up-trend)
  • bearish Cable, NZDUSD, Gold
  • hence sell cable and gold rallies

Intra-day before NFPs

  • USDJPY range 94.70 – 95.60
  • EURUSD range 1.3040 – 1.3120
  • Cable range 1.4950/70 – 1.5050
  • EURJPY incline to see a test of the 125.00 and upwards on a strong USDJPY
  • USDCHF 0.9400 – 0.9500 ( I am small long but will add on dips, not an intraday trade as such)

and for Koorosh I am still of the same albeit cautious view in GBPNZD, long, target 1.8500, stop under 1.7950 !

phew !! glad I got those off my chest….

I am posting as my ideas and how I trade, please make your own judgements and remember risk management is king.

I might be a pro trader but I have no scuples about trading tiny contracts until I get a stronger idea – stay in the game, don’t lose it before it starts !

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