SingleTrader Copy Service

Still No New Trades Tonight. Fundamentals and Technicals Are At Odds

​920PM

Hi All!

A stronger USD which I forecasted for this week has totally disintegrated and as I comb through the news wires, the only reason I see is that an interest rate increase this year will probably not happen. 

While this is an old rumor, the recent economic releases are contrary to this belief and the charts are moving towards a weaker USD as I write this. 

As such, trading tonight is not advised for a weaker USD as another surprise may come tomorrow early morning as the RBNZ is expected to drop interest rates. Read more »

3 New Singletrades Tonight @ 11PM

932PM

Hi All!

As per my week ahead forecast tonight, here are trades for tonight.:

Long USD/JPY

Long USD/CAD

Short AUD/USD

Stops of -140Pips, Limits of +280Pips

 

3k lots will be used for placing trades. Read more »