Greg’s Daily Insider Tips W/C 10th December 2018

Friday 14 December 2018

The NZDCAD sold off through the Asian session significantly and it could fall further since the weekly time frame is just confirming. This means that retraces can be seen as a means to go short.

https://uk.reuters.com/article/uk-global-markets/asian-shares-jolted-by-weak-chinese-data-growth-risks-idUKKBN1OD02R

You could be getting some of this… Join me in the Live Room where I show you everything and you can even copy my trades: Get started here

____________________________________________________________________

Thursday 13 December 2018

The pound rallied based on the confidence vote from her party allowing PM May to serve her term and deliver Brexit. This rally has the potential to continue today with at least 2 more pushes before we close for the week.
The NZDCAD sold off as anticipated and yesterday’s EURCAD and EURAUD are confirming entries today and they are valid for short positions.

https://uk.reuters.com/article/uk-global-markets/asian-shares-surge-as-u-s-china-trade-thaw-seen-sterling-wobbles-idUKKBN1OC01S?il=0

You could be getting some of this… Join me in the Live Room where I show you everything and you can even copy my trades: Get started here

____________________________________________________________________

Wednesday 12 December 2018

Yesterday’s average hourly earnings on the pound managed to post a pick up. However, it failed to fully translate into a clear signal across the board. If anything it hasn’t shown signs of upside reversal.
The NZDCAD retraced to an even better price to sell from and today the EURAUD and EURCAD are showing clear signs of sell offs.
Elsewhere the USD posted a new intraday high, however, today’s lower than expected monthly CPI numbers might make it tumble once again.

https://uk.reuters.com/article/uk-global-markets/stocks-cheered-by-trump-trade-talk-sterling-plagued-by-politics-idUKKBN1OA2ON

 

You could be getting some of this… Join me in the Live Room where I show you everything and you can even copy my trades: Get started here

____________________________________________________________________

Tuesday 11 December 2018

Yesterday’s NZDCAD failed to sell off right way and retraced further providing an even better entry to sell from as price is forming a possible double top on the 4H at the 0.92300 resistance level.
Today’s fundamental data includes average earnings from the UK as well as unemployment rate and while some GBP pairs can show potential the Brexit backdrop is too high stakes to ignore it and sterling could move unexpectedly despite clear technical signals.

https://uk.reuters.com/article/uk-britain-eu/brexit-in-turmoil-as-may-pulls-vote-to-seek-changes-to-eu-divorce-idUKKBN1O90X1

You could be getting some of this… Join me in the Live Room where I show you everything and you can even copy my trades: Get started here

____________________________________________________________________

 

Monday 10 December 2018

The USD sold off early in the Asian session giving a couple majors a lift, but overall price action was inconsistent with the EUR rallying slightly and the pound staying range bound while the CAD, AUD and NZD powered up to give us an opportunity on the NZDCAD to the short side. While all the time frames are confirmed from high to low it’s recommended that we wait for entry confirmation before jumping on the trade.

https://uk.reuters.com/article/us-global-markets/global-stocks-extend-slump-as-global-growth-worries-mount-idUKKBN1O80TX

You could be getting some of this… Join me in the Live Room where I show you everything and you can even copy my trades: Get started here

 

 

Comments are closed.