Trading desk strategy remarks non edited 12/10/2016

Every week our non edited trading desk strategy remarks in deep analysis and medium term trading strategy. Unique! You will see how we prepare our trading strategy.


-For——- Trading desk

Main trading strategy  focus still on $DXY

We are now building long positions in USD pairs with this heavy upside break of multi month rectangle 100.600 level and a closing to new highs this week 101.50 level. We will build long positions and possibly close it all before December FED meeting, and use any retracements and new breakouts to add new position. The USD is retesting now 100.600 and we expect bounce and continuation from here and we don’t exclude another stab at 100. As mentioned 100 level was tested, and we continued to build long USD positions ahead of FED meeting on Wednesday.Target for now is 105.

EURUSD is reaching strong downside support zone 1.0680-1.0720. We are inclined to take short position only on a break of 1.0540, but we do not exclude shorts in the support zone on a price action candles. We are short from support zone and ECB highs, but will continue to build shorts below 1.05000. We are targeting 1.00907.


USD/NOK we entered long and we will look to build the position on this break of 8.5000 for target of 8.7000 at least. Important notice—- watching closely intraday price action for adding long entries.

NZD/USD  has corrected swing low and is rejected from 61.8%. Although we were stopped out twice from shorts we will take another one against 0.7250  .Important notice—- Looking for a short entry early  next week.


NZD/CAD in addition to our AUD/CAD exposure and NZD/USD short strategy, we will look to add another half position to NZD/CAD after the break of uptrend line. Important notice—- Looking for short entry sell stop or on a retracement to 0.9430.


AUD/JPY can be our other JPY candidate besides long USD/JPY we already have. The break of 100 SMA  (red line) 85.636 level. Important notice—- Looking for long entry here with a buy stop above 86 early next week.


Our candidate from Indexes now is Nasdaq. Still looking for perfect long entry and we will probably go with the last candle and a stop below 4800.Important notice—- Entry long Sunday open or Monday.



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—-


Scroll to Top