Every week our nonedited trading desk strategy remarks in deep analysis and medium term trading strategy. Unique! You will see how we prepare our trading strategy.
TRADING DESK STRATEGY REMARKS AND MEDIUM TERM TRADING PLAN NON-EDITED
-For——- Trading desk
Main trading strategy focus still on $DXY
Positions in the USD are being built and we are not changing strategy despite possible pullbacks to 100.500-101.500 zone. We are targeting 105 on the upside continuation.
EURUSD we will continue to build shorts on any rallies to 1.0600-1.06500 zone. We are targeting 1.00907. We need to see a break below 1.0350 for downside extension and confirmation of downtrend continuation.
USD/NOK we are watching for the continuation higher. We need to be patient regarding recent price action developments and go for longs on a break above 8.5800 level or ideally on a pullback to 8.3500-8.4000 zone.
USD/CAD the pair is extremely volatile recently. It is entering the buying zone and we will watch price action in the marked zone 1.3080-1.3150. Important notice—- Looking for long entries on intraday price action.
GBP/NZD in a consolidation triangle and could be weighed on the downside with GBP/USD weakness. Looking for entries below 1.7564 for short entries. Important notice—- Looking for long entries on intraday price action.
USD/JPY we have closed the long trade and we will look to enter a new long position on a pullback or on a clear daily break of 117.640 and a retest. Important notice—- Looking for long entries in the 114.500-115 zone or on a clear daily break above 117.640.
Our candidate from Indexes upside continuation is now DAX. Still looking for perfect long entry and we will wait for a pullback to the 11100-11300 zone or on a clear the break of 11620.Important notice—- Look for price action development next week.
To improve is to change; to be perfect is to change often. Winston Churchill
—-Building USD long positions and watching the opportunities to exploit Indexes strength EUR weakness—-