Cabot101Management

Cabot101Management

Please see previous post , The candles are giving us the clue here ... RSI heading towards overbought and we have hit a price resistance zone, right now a bit of sideways action but we will resume down towards the area i've marked, I will be holding until then .... Also USD ( ISM ) today so keep a sharp eye out ..... Who's with me :)

Cabot101Management

Dont be fooled we've had some okay data come out for the euro zone , does this mean brillant euro zone is in the clear lol ...... Don't make me laugh , Same situation as before , the bigger boys are positioning themselves short for the longevity and taking your S/L money along the way i've been buying short since 110.20 and continuing to now, next entry target...

Cabot101Management Updated 

So see earlier post on this please , A clear close below the T/L on 2 or more daily's will confirm a break of support , its already below its 200MA so this is bearish already , that coupled with a bumpy road ahead for the GBP and OIL starting to move in the right direction this is a good long term play here .... Stay alert .....

Cabot101Management Updated 

Hey everyone , Straight to it, we got filled on our entry short around the 200MA on the 4HR chart , not going to get too greedy here and S/L is set @ break even as technically we have broken the channel now . T/P @ the 0.5 fib line .... Happy trading ..

Cabot101Management

Hey everyone , So had entry set @ 1.0995 and missed it by a pip , lol but thats the game , however im re setting the entry target to 1.0990 to let it tick down , im being hopeful here I think as its not likely to creep up but always worth a try. Oil has seen some buying over the last few days and USD weakness has taken place for now . I would say to T/P around...

Cabot101Management

Okay so , Firstly hope everyone enjoyed the Bank holiday Monday ?, ( if your UK based ) I had a lovely day it was scorchio :) , its important to enjoy time away too. Anyways this has seen sideways action for a while, I love charts like these because its not what everyone wants to see.... its a money generator and low risk . I tend to reflect on the...

Cabot101Management Updated 

More obvious but not great news today for the GBP , Covid has been taking its effect here, we know its not gonna be great but when numbers come out and confirm the worst , then the MKT responds . I got entry @ 1.2260 DOWN DOWN for now and this is a great trade ... Trade rating - 9 :)

Cabot101Management

I've put 2 charts up here for you to see , Brent Crude Oil and the USD/CAD pair , can any one answer WHY ? then we can continue this in the comments ........ I look forward to hearing peoples answers :)

Cabot101Management

Hey everyone hope your scoring some pips, Right entry gained @ 1.0985 on the price resistance line, and im personally going to be riding it down to the old T/L support . Happy trading have a great Friday ..... :)

Cabot101Management

This could shape up to be a great opportunity, Oil inventories yesterday was better ( not great ) but moving in the right direction , so this will trickle into the CAD and should begin to tick higher as the world returns to work and the demand starts to happen, on the flipside the GBP woes continue right now , with Brexit / Negative rates talks etc so its feeling...

Cabot101Management Updated 

Hi Everyone , So I initially kept a buy position on the support line and got stopped out for 10 pips just because I was on the fence short term with how this would go , but I then placed an entry short @ 1.3960 as old pennant support became resistance, and im riding it down to 1.3980 not to be too greedy here. Happy trading :)

Cabot101Management

Nice set up here , Entry set @ 1.3940 and gonna ride it down on the day for 20/30 pips as its hugging the T/L and creeping up slowly . Have a great day .....

Cabot101Management Updated 

Hey people , Right a nice little set up here for the GBP to the fall to the downside , negative rates has been mentioned over the weekend , Brexit talks back on the table and monetary policy talks . Expect this to move to the downside quicker if more mention on negative rates from the BOE come into play .. Happy trading... :)

Cabot101Management

Real quick , Entered short the NZD its getting some strength today from the AUD , and it could be short coverings longer term after the RBNZ statement . Anyway Im in , Its hitting previous support weekly , and also hit the resistance line from the daily downtrend . Happy trading :)

Cabot101Management

5 days until the May contract expires , this will be the clue ..... Stay tuned ..

Cabot101Management

Again the charts don't lie , Selling gold at the 1770 area ( short term ) . Just need to close above the 0.786 fib line on the weekly for the run to continue. Important to know Im a long term bull of gold ....... As pointed out previously we were due a break out of the Bullish pennant , it broke, we hit target and now Im waiting to go short at the top end of...

Cabot101Management

Im gonna keep this short ( I mean Long LOL ) , If you piece together fundamentals with technical analysis this will be the key to consistency , this here is very important to understand we are long term bullish on this carry pair . RBNZ have implemented QE and been mega dovish with they're comments and the NZD has responded. The charts here are just dreamy , we...

Cabot101Management

Hello Hello , Firstly comments very welcome , Okay so you have to trade what you see and the charts never lie , right now I feel after the halving BTC is due for a leg down and here's why , We have been on a 9 Week bull run and at some point not everyone is a Hodler profit taking will commence, although the US economy is taking a beating due to the world...