Hedge Fund Styles Trading - Long and Short Term Setups

EUR/GBP Insight:


USD/JPY Insight:


EUR/CAD Insight:


EUR/NZD Insight:

AUD/NZD Insight:


EUR/JPY Insight:


AUD/CAD Insight:


EUR/AUD Insight:

Hey Gangs,

I do not expect you guys to trade them all, but just pick the ones that you feel comfortable with...There are tons of
opportunities here for this week, and I hope that you guys pick wisely...

Since "NZD - Official Cash Rate" is going to dominate this week, I will definitely keep my eyes open on them pairs.
Your best bet is to combine Weakest vs Strongest and Strongest vs. weakest

Good Luck this week and lets make some Pips!

Jay

Note: I am thinking about doing Daily Updates, but it's not going to be Easy...So, if you are committed to the
process, you know what to do on your own.....Take Control!

At 4:00PM CST Today, There's going to be some Major News on NZD Pairs:



Depending on the Numbers, we will see some Massive Movement for the next 2-3 Hours.

Please, DO NOT ASSUME ANY DIRECTION UNLESS THE NEWS IS OUT...Most of the time, the
move has nothing to do with the numbers, it's all about the Traders' REACTION.....

If you really want to make some Pips today, Be a FOLLOWER and not a Predictor.....

Potential Pairs to Watch (Watchlist):

--- NZD/USD - NZD/CAD - NZD/JPY - NZD/CHF (ALL Go in the Same Direction )

--- GBP/NZD - EUR/NZD - AUD/NZD - (ALL Go in the Same Direction)


Read them Articles:

#1 : http://www.forexfactory.com/news.php?do=news&id=550299

#2 : http://www.forexfactory.com/news.php?do=news&id=550211

Despite the Rate Cut, I can clearly notice NZD is Strengthening.

I do not know for how long, but I decided to go LONG, because I am following my Rules.

So be it....

Hi Jay

Yes NZD did gain another 50 to 60 pips on the N/U pair...it went up to the strike level. After the trigger which was the deep bar indicator turning blue for buy and the NPCP showing upward momentum the price did retrace over 40 pips so the SL would had to be quite big. I have drawn the entry, exit and the retracement on the chart. Please do have a look and would appreciate ur input.


Regards

Dennis

p>[quote=OctaveJay509;8395476]Despite the Rate Cut, I can clearly notice Hey jay. I see you are applying the supreme meter I talked about. Thats great. Vdry useful. Market is all about relative strengt. Now you can understand why usdjpy and eurusd can both be bullish same time. I use to wonder in the past.I sold nzd at the top

Hey Dennis,

Upward Momentum was spot on, but you wouldn't get a very good Risk:Reward ratio since SL would be around 40pips like you said....I did get into this Trade, but I got stopped out because I was using trailing-stop....

In this case, Fundamental News was in our Favor, So, it's only Right to take this trade, and make a quick 40-60pips Profit to the upside... I do believe them Strike Levels were in the right Position....Keep it up mate!!!

[quote=ephisi;8398176]{quote} p> Hey Ephisi,

Yeah mate! I use that Supreme meter Indi around News Events, it helps me to determine momentum very quickly....Very Useful Indeed!

Looks like you made a Great Call on NZD Short....I don't trade London Session, and I did miss that Bearish Move tho.

ECONOMIC DATA and Weekly Watchlist: (July 27th - July 31st,2015)

High Impact/Medium Impact News (Central Time) :


Monday, July 27th

3:00am...................EUR....................German Ifo Business Climate

5:00am....................GBP...................UK CBI Industrial Order Expectations

7:30am.....................USD..................Core Durable Goods Orders/ Durable Goods Orders


Tuesday, July 28th

3:30am........................GBP..................UK Prelim GDP / Index of Services

7:30am........................CAD...................RMPI

9:00am........................USD...................CB Consumer Confidence

6:50pm........................JPY.....................Retail Sales


Wednesday, July 29th

1:00am........................EUR.....................Gfk German Consumer Climate

3:30am........................GBP.....................UK Net Lending to Individuals

9:00am.......................USD......................Pending Home Sales

9:30am.......................USD......................Crude Oil Inventories

1:00pm........................USD.....................FOMC Statement / Federal Funds Rate

5:45pm........................NZD.....................Building Consents

7:30pm........................AUD.....................RBA Gov. Stevens Speaks

8:30pm........................AUD.....................Building Approvals / Import Prices


Thursday, July 30th

All Day........................EUR........................German Prelim CPI

2:00am.......................CHF........................KOF Economic Barometer
...................................EUR........................Spanish Flash CPI / GDP

2:55am.......................EUR........................German Unemployment Change

7:30am.......................USD........................Advance GDP
...................................USD........................Unemployment Claims

9:30am........................USD......................Natural Gas Storage

6:30pm........................JPY.......................Household Spending / Tokyo Core CPI

8:00pm........................NZD.....................ANZ Business Confidence

8:30pm........................AUD.....................PPI


Friday, July 31st

1:00am.......................EUR.....................German Retail Sales

4:00am......................EUR......................CPI Flash Estimate / Core CPI Flash

7:30am......................CAD......................GDP
...................................USD.....................Employment Cost Index

8:45am......................USD......................Chicago PMI

9:00am......................USD......................Revised UoM Consumer Sentiment


Pairs to Watch:

EUR/USD - GBP/USD - USD/JPY - EUR/GBP

GBP/CAD - GBP/JPY - USD/CAD - CAD/JPY

GBP/CHF - NZD/USD - AUD/USD - GBP/AUD

USD/CHF - EUR/AUD - AUD/NZD - EUR/JPY

EUR/USD Insight:

Attached Image (click to enlarge)

GBP/USD Insight:

Attached Image (click to enlarge)

USD/JPY Insight:

Attached Image (click to enlarge)

EUR/GBP Insight:

Attached Image (click to enlarge)

POTENTIAL TRADE SETUPS FOR THE REST OF THE WEEK ( Mid-Week Update: July 28th - July31st)

High-Impact News:

Wednesday (July 29th) - 1:00pmCST..............USD .................FOMC Statement / Federal Funds Rate

EUR/CAD Insight:


Note: This Trade Setup is very similar to USD/CAD.....Whenever EUR is Indecisive, this pair has a tendency
to move in the same Direction as UCAD....Wait for a Buy Entry, but I place a small position because it's an
Overnight Setup for me... I won't be in front of my Computer During London Session.



CAD/CHF Insight:

Attached Image (click to enlarge)

Note: CAD has been Strong all day, but I am not buying that illusion...I am expecting CAD to be weak overnight
or for the rest of the week in order for this trade to go my way...It's too Risky to have that many CAD pairs, but I
am OK with that since this is a Swing/ Short-Term Trade Setup... Encourage you to wait for a Better Entry.



USD/JPY Insight:


Note: Everybody is expecting a Rate Hike, but nobody knows if it's going to happen tomorrow(Wednesday)...I decided
to go short, because I will have plenty of time to recover if I am wrong by 1:00pm CST....I am trying to have a feel of
London Session Traders....I really want this pair to Go UP....Now, It becomes an Hedging Trade between UCAD at this point.


GBP/JPY Insight:

Attached Image (click to enlarge)

Note: Clearly this Pair is Bullish, but I am expecting a small Bearish retracement before the FOMC Statement.
I think there's a similarity with USDJPY...It's hard going against the Trend, but I would prefer a better Long Entry through
a retracement..... Fibs Level are extremely important there.


USD/CAD Insight:


Note: This is an Overnight Trade Setup for me.... Market Sentiment is Bearish, but there's more potential to the
Upside because of FOMC Statement tomorrow( Wed at 1:00pm )

Fed expected to push ahead with rate hike plan

The Federal Reserve is expected on Wednesday to point to a growing U.S. economy and stronger job market
as it sets the stage for a possible interest rate hike in September.

The U.S. central bank is scheduled to issue its latest policy statement at 2 p.m. EDT (1800 GMT)
following a two-day meeting, spelling out how policymakers feel the economy has progressed
since they last met in June.

Earlier this year the Fed embraced a meeting-by-meeting approach on the timing of what will be its
first rate hike since June 2006, making such a decision solely dependent on incoming economic data.

More Reading Here:

Fed Says Labor Market Improves as It Moves Toward Rate Increase

Federal Reserve policy makers said the labor market and housing have improved, moving closer
to ending an unprecedented period of near-zero interest rates without providing a clear signal
on the timing of liftoff.

“The labor market continued to improve, with solid job gains and declining unemployment,”
the Federal Open Market Committee said in a statement Wednesday in Washington. It said that
“underutilization of labor resources has diminished,” dropping to modifier “somewhat” to describe
the change.

Chair Janet Yellen is guiding the Fed toward its first rate increase in almost a decade as the nation
approaches full employment. She has said the Fed is likely to tighten this year if the economy
continues to improve as she expects, with market speculation focused on a move as soon as September.

“The housing sector has shown additional improvement,” the Fed said. “Business fixed investment and
net exports stayed soft.” It dropped language saying energy prices appeared to have stabilized.

It said that it will tighten policy when it sees “some further improvement in the labor market,” adding
the modifier “some,” and is “reasonably confident” inflation will move back to its 2 percent goal over
the medium term.

More Reading:

The News is Out, and I have been Expecting this for quite some time... What NOW???

Canada is in recession:

Canadian gross domestic product unexpectedly fell 0.2% in May. This was worse than the 0.0%
expected by economists.

"The economy has contracted in six out of the last seven months," BNP's Derek Lindsay noted.

The resource-rich economy has felt the crushing pain of falling commodity prices as global demand
for raw materials has decelerated.

And relief doesn't seem to be coming anytime soon.

"We continue to see falling commodities prices weighing heavily on the economy, with
mining, utilities, and manufacturing presenting biggest drags on the goods side," Lindsay said.

And this probably means more easy monetary policy.

"The Bank of Canada is likely to read this report as supportive of their move to cut rates at their last
policy meeting earlier this month," Lindsay added. "We expect further easing ahead, as investment
and exports remain in contractionary territory and the economy remains vulnerable to a correction
in housing and a pullback in spending due to high levels of household debt."

USD/CAD Insight: ( Last Update )




Note: I hope that some of you guys did take advantage of that setup since last Wednesday......

Upcoming Daily Market Calendar:

Monday, August 3rd,


As you know, I don't like to trade on Sunday Night, and I prefer to observe the Market, and wait for
London Traders to tell me where they want to take the Market for the rest of the week....

This week is going to be a very BUSY WEEK, and Let's prepare ourselves to take advantage of it.....

I will do my best to keep you guys posted, and you know the drill... Sometimes, I post Daily Setup for
Day-Trading and Daily Setups for swing-Trading.

Keep your eyes open on the RED News ( High- Impact News Events)


Potential Pairs to Watch:

EUR/USD - GBP/CHF - GBP/CAD - GBP/USD

USD/JPY - AUD/USD - AUD/NZD - AUD/JPY

AUD/CAD - USD/CAD - EUR/GBP - NZD/USD

Potential Opportunities based on Harmonic Patterns:

AUD/CAD Insight:


Note: I will not be up to witness AUD News at 11:30PM CST, but I am willing to go Short Now,
and if I get stopped out, will enter again at a later time.



NZD/CAD Insight:


Note: NZD showed Strength this morning, but it didn't last after that NZD news today, and tomorrow(Tues)
we are going to have more Negative (to say the least) News on Kiwi.

Tentative.......................NZD................. GDT Price Index
5:45pm..........................NZD.................Employment Change/ Unemployment Rate

Just a QUICK EXAMPLE HERE:



All my indicators are here on that Paperclip Folder...

Testing a New System on the 1MTF with a Twist: