Breakout London Timeframe

GBPUSD

nice to monitor!

any news impact in this weekend?

Bear control the whole situation, but the bull also not give up so easily, still fighting in between...

the fight will continue till next month..

let's look any impact news

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GBPJPY

this is fantastic short!

Watch closely for next week

With the current weakness accross all the GBP, it is very good for your target

eurchf

this is another good to monitor!

all the euro monetary policy easing, i doubt the euro will show bull strength,

but pls be aware that fed will also high probability to cut rate

all this will have spill over to other currency

liquidty ! Liquidity!

gbpnzd

don't forget this pair!

this pair lately show significant pips running!

with current rbnz not planning to do anything!

which mean it is good sign & their inflation is still within policy....

what i prefer it is the trade war relief, this pair have the tendency to run more...

Johnson could face no-confidence vote next week to halt no-deal Brexit

this is good sign that GBP to do any retracement after last week Bear win the battle,,,

sign of bull coming to show its power

AUDUSD

BEAR already control this pair since the US impose the tariff to China

to Downside, nahhhhh people don't want to short it..

market will consider to long it....

try to find the opportunity to long it whenever possible!!!

if RBA maintain the rate, then it is more interesting!!! hahahah

to my opinion, there is no reason for RBA to cut, too aggresive cut will jeopadise the financial revenue...especially in this kind of global economic...

can't help much!!!

this is will be main volatility next week, given recent outcome

The ECB slashed the deposit interest rate by 10bps and approved a new round of bond purchases at a monthly pace of €20 billion as from November 1st during its September meeting. The move came in as an attempt to boost growth and inflation amid global trade tensions and Brexit uncertainty. Deposit Interest Rate in the Euro Area averaged 1.27 percent from 1999 until 2019, reaching an all time high of 3.75 percent in October of 2000 and a record low of -0.50 percent in September of 2019.

the lowest since I also don't know...

helicopter money....

coming soon

Euro

you can see the GDP projection is Q3 is still weak, but the future will be better...

so far so good....

we will await Lagarde leadership to stir & management planning.

What is your call??

for sharing, hope can guide you through the Euro feel

you can clearly economist already project the oil price is going down..

the EU already way way way below expectation..

one more point- the relative strength of the euro against the pound sterling as well as against the Chinese renminbi and other emerging market currencies.

what shall I do now?

BRENT

it is clealy in accumulation stage,

what I expect the market will mark down soon

common ...BEAR show the power

hahah

Here are 12 things to do when you feel like quitting:

1. Think of someone who didn't quit.

2. Believe in your ability to learn, grow and adapt.

3. Reflect on behaviours that aren't serving you well. Quit what isn't working. Focus on what is.

4. Repeat behaviours that give you energy.

5. Keep big goals in the back of your mind and next imperfect steps in the front of your mind.

6. Think weeks not days, months not weeks, years not months.

7. Think a little about how far you've come and a lot about what's next.

8. Focus on more on process and less on result.

9. Remember the quitters you have known.

10. Concentrate on something you can change.

11. Take a break. Have some fun.

12. Realise that your purpose has many expressions.

USDCAD

Looking to short it...

after so long accumulation

If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.

Quote from Sun Tzu

I found this is really interesting

The legendary trader Jesse Livermore once remarked that "The market is
designed to fool most people most of the time."

He has also been quoted in saying that
"Markets never change, because human nature never changes."

If you experience a drawdown, you have a few options including:

 

1. Reduce your position size.
2. Keep trading the same size and wait for the winning trades.
3. Pause your trading and review what’s working and what’s not.
4. Stop trading altogether

Trump considers delisting Chinese firms from US markets.

this will includes company like Baidu, Alibaba, JD

take note that US-China trade talks occured between Oct 10-11

EURO trajectory to upward..

What's your opinion?

What 3 EMA's are you using....last time I visited it was 100, 50 and 20......have you changed?