MoneyFocus' thread of forex and fun

Quick current observations:
-USD getting pumped.
-GBP getting dumped.
-AUD resilient.

Wow, did Powell feed the USD steroids and viagra?

I have an idea, dont want to post the song itself so just some lyrics, I don't use Massengil,
Y'know I mix it, I mix it myself
Y'know what I put in it? (Yeah? What?)
Alum! (Yeah!!) LSD! (ha ha!) And Kentucky Fried Chicken!
(*cheering*) I mold it together, baby!
I mold it together, honey!
Oh, that alum, lemme tell ya somethin
That alum makes it tight (right!)
LSD makes it outta sight (yeah!)
And Kentucky Fried Chicken make it finga lickin good!
that what they are using today

Shut up Mark, it's past 12 midnight here in Singapore and KFC doesn't do midnight delivery so...

MF - I'm trying to keep up with you

You're doing great buddy!

Opening balance: SGD 3,767

Day 7 required balance: 4,633
Day 7 closing balance: 4,734
Day 8 required balance: 4,772
Day 8 closing balance: 5,028
Day 9 required balance: 4,916
Day 9 closing balance: 5,439
Day 10 required balance: 5,063
Day 10 closing balance: 6,007
Day 11 required balance: 5,214
Day 11 closing balance: ???

Progress tracker: https://www.fxblue.com/users/928327
PIN: chucks

Managed to hit that 6,000 mark!!!!

My fav emo song:
https://www.youtube.com/watch?v=B-62gO89wZ8

hey 　我真的好想你 (hey...I really miss you)
现在窗外面又开始下著雨 (blah blah something about rainy weather)
眼睛乾乾的　有想哭的心情 (blah blah I feel like crying)
不知道你现在到底在哪里 (I wonder where you are..)

GMT +8

Upcoming major events:

08:00 ANZ Business Confidence
21:30 US Prelim GDP q/q

AUD/USD

The same view still persists.

The following was written on 25 Feb: It is very interesting to see Aud/Usd hold 0.78. The low of Friday was 0.7805, indicating that somehow bulls are defending this. In my whatsapp group, a couple of us actually fired shorts but got very disappointed that we failed to clear under 0.7805. Some of us exited at BE, some with some green pips. In any case, we still hold bearish sentiments towards Aud/Usd, however, we might want to re-assess the time to short it. In the short term, we remain bearish on Aud/Usd. However, in the long term, we remain bullish towards Aud/Usd. We are looking for a swing trade opportunity in Aud/Usd, but are staying on the sidelines for now.

Today, on 27 Feb, we saw a very strong USD rally on Powell's speech. Aud/Usd did saw a breach of 0.78 but it was quickly bought and brought back up. Currently sits at 0.7812. We have a little under 2.5 hours before US closes and it would be very interesting to see where this pairing will close. A close under 0.78 can affirm weakness.

EUR/USD

A strong rally by USD pushed Eur/Usd firmly under 1.2250, but it wasn't just a strong USD. The Euro was also weak itself, with the Euro index sliding 0.41%. As we speak and with less than 2.5 hours before US closes, it is hovering around 1.2250. Personally, I do not like this area as it is simply no man's land again. Any bets on this pair would be, well, bets.

XXX/JPY

It has been two different tales for the 4 major yen pairs. GBP/JPY managed to turn in a green session, although it was volatile. USD/JPY shone and gained the most, but it is important to note it rose mainly on Powell's speech and has since given back 30 pips since peak (which someone somehow managed to call in our whatsapp group ).

AUD/JPY and EUR/JPY on the other hand, turned in lackluster performances and have actually lost ground.

Mixed signals everywhere. The picture will simply sum up what we believe of xxx/jpy pairs.

Nice!

Good evening all...it's almost 6pm here in Singapore..hope everyone is having a great day.

Opening balance: SGD 3,767

Day 7 required balance: 4,633
Day 7 closing balance: 4,734
Day 8 required balance: 4,772
Day 8 closing balance: 5,028
Day 9 required balance: 4,916
Day 9 closing balance: 5,439
Day 10 required balance: 5,063
Day 10 closing balance: 6,007
Day 11 required balance: 5,214
Day 11 closing balance: 6,348
Day 12 required balance: 5,371
Day 12 closing balance: ???

Progress tracker: https://www.fxblue.com/users/928327
PIN: chucks

https://www.youtube.com/watch?v=QuXquSF5yK4

2 nights in a row, GBP gets dumped when NY opens...

Why did I post about Guardian Angel? Because I took a trade on GA!

Glad to see it turned green. Profits taken! Good start to the day!


Opening balance: SGD 3,767

Day 7 required balance: 4,633
Day 7 closing balance: 4,734
Day 8 required balance: 4,772
Day 8 closing balance: 5,028
Day 9 required balance: 4,916
Day 9 closing balance: 5,439
Day 10 required balance: 5,063
Day 10 closing balance: 6,007
Day 11 required balance: 5,214
Day 11 closing balance: 6,348
Day 12 required balance: 5,371
Day 12 closing balance: ???

Current balance: 6,741. +6.19% for the day! More green pips to come?

March madness let's go!

Progress tracker: https://www.fxblue.com/users/928327
PIN: chucks

Was ahead of schedule, took a greedy trade, was hit. Back to 6000 lol.

-JPY strength continues to remain prevalent.
-USD continues to be supported, largely by speculators? I'm speculating on this, ironic much?
-AUD/USD has since that off the hill fall that I felt would happen. Sadly, I kept waiting for a "safe" place to short which never happened. :X
-GBP continues to pressured due to May's upcoming speech.
-Gold falling off a cliff....