Nordling's Legacy - Live Fundamental Trading

USD fundamentals stronger then GBP. GBPUSD bearish. Trade safe.

Good to see you back! I totally agree with that idea. Today is a bad day for USD because Consumer Sentiment have drastically fallen but that will be temporary and USD will recover much more stronger next week.

Added to my USDCHF BUY:


Also added to my XAUUSD Sell:

Attached Image (click to enlarge)

It's a little bit risky for me to do that but since my previous GBPUSD and USDCHF positions are in profit, i can take a bit more risk.

August.13.2021 there was USD consumer sentiment news. It was negative for USD and USD went down a bit. But it was just due to those weak numbers on Friday. USD overall is still bullish. GBPUSD bearish. Trade safe.

That news event just gave us another beautiful selling point. Buyers seem so happy but it won't last long

https://www.cnbc.com/2021/08/16/ther...september.html

https://www.bnnbloomberg.ca/neel-kas...ment-1.1640619

https://www.bbc.com/news/business-58196477

https://think.ing.com/articles/fx-po...-dollar-longs/

https://www.forexfactory.com/news/11...-on-the-ground

https://www.forexfactory.com/news/11...y#post13670697

https://www.fxstreet.com/news/us-ind...d-202108171321

Strangely, retail sales numbers were lower than expected but USD appreciated as it should be. I guess banks said "ok enough nonsense let's take USD where it should be"

https://think.ing.com/articles/the-f...s-to-tapering/

USD unemployment claims, good numbers. USDJPY bullish.

Here is a list of proper way to trade based on what is your style of trading. You can't scalp on 4hr or daily, and you can't be a long term trader on 15 min chart. Trade safe.

Hi, nice to meet you... and your thread is a great idea....

Hi USDJPY has been bullish since the 1 FEB2021 however 5 months it has been ranging between 107.42 and 111.65

The current "risk off mood" has benefited the dollar but also to my dismay the YEN too.

I did not take note of this and in my attempt to buy the dollar today thinking it to be always relatively stronger than the YEN due to negative rates in JAPAN and it should naturally go up i was wrong.

i found myself getting stopped out with losses on this pair. Silly me. I Then found a chart of the YEN basket. Which is a really good gauge to monitor Risk sentiment. Since the yen always benefits from safe haven appeal aswelll as the CHF.

anyway i benefited from GBPUSD and USDCAD in this current "risk off" environment.

Just thought i would share that since ive found the pair to not be moving up and is rather subdued.

However after this risk off situation it can be revaluated a possible long trade contender.

I believe the yield to buy this pair will be positive due to the interest rate deferential..

anyway nice to meet you and good luck....