Cabot101Management

Cabot101Management Updated 

Happy Friday , Straight to it , Fundamentals : * Oil off the lows, CAD is gaining some strength on this pair as if you didn't know the Canadian dollar is pretty much directly correlated to OIL. * AUD Cpi came in lower as expected and Q2 isnt looking great, but what they have got on they're side right now is as a nation and the Covid 19 crisis the PM has come...

Cabot101Management Updated 

Good Morning/Evening where ever you might be , Okay so we say the charts don't lie and this one is shaping up for much of the same here . Fundamentally you want to be shorting the Euro on the rallies against most pairs right now, because of the state of affairs they're in a bad way . This coupled with what i've been saying always ( Trend is your friend ) and...

Cabot101Management Updated 

Hey Peeps , So the charts don't lie , we also will not be getting greedy here either as the USD remains pressured short term. Entry on the retest of T/L support on the 4hr chart. Happy trading :)

Cabot101Management

Hello Hello , Right its obvious how this is being played out right now so what do we do , go with it of course the good thing here is due to USD weakness short term , and NZD getting a beat on export data (Asia Time ) its given this a pop up allowing us to get short at a better price , I fully expect old T/L support to now become resistance and USD sentiment...

Cabot101Management Updated 

Hi Everyone, So just a quick how you all getting on out there ? I hope everyone is staying safe during these times, I personally feel lucky to have got into trading back when I did as we are the ones that know with this knowledge we are able to work anywhere , please feel free to comment anything you like as it can be a lonely old game, and it would be nice to...

Cabot101Management

Hi Guys and Gals , Okay so its been a while , anyways straight into it , Oil is in a right pickle at the moment and Australia is one of the leading nations at the moment regarding the Covid crisis , so their cases are very much on the mend and the country is on track to getting things back to normailty quicker than most, this coupled with a very clear upside bias...

Cabot101Management Updated 

Hey people , It has been a while I will keep this short , the charts are lining up here and I see a potential of a 400 pip move to the long side , however most important , Be patient as its being held up right now by the 0.786 fib line acting as a barrier , and DT is tweeting all sorts of stuff again and making himself a nuisance right now , by making everybody...

Cabot101Management

Please refer to our chart on March 22nd post, we have nothing to hide ...... Okay so an eventful few days on BTC 3.64% , What is becomingly increasingly obvious is the amount of bloggers all wanting a piece of the action by stating facts that are happening, and not necessarily putting there neck on the line with a view for people to make their own decisions. To...

Cabot101Management

Okay so an eventful few days on BTC, What is becomingly increasingly obvious is the amount of bloggers all wanting a piece of the action by stating facts that are happening, and not necessarily putting there neck on the line with a view for people to make their own decisions. To the moon they shout well not quite yet ....... So I've sat on the sidelines for...

Cabot101Management Updated 

He's the gift that keeps on giving....... Sorry for the radio silence people , I have been off trying to get divorced ...... :) Anyway best foot forward , so as we can see from the charts I see a nice little squeeze coming on this pair , the USD sold off on trumps announcement , however the markets have digested this now , and the buyers are stepping back into...

Cabot101Management

Okay so all in all a lovely trade , there was a few reasons we took it , 1. The charts were starting to line up. 2. The DXY was on a 7 week high and the USD was in flavour 3. We had a set back with poor NFP figs, however this allowed us the chance to get in at a better price. 4. In my opinion the USD has been cheap for a while as its had alot of setbacks =...

Cabot101Management Updated 

So we see the greenback has had a rally and has actually broke the trend line resistance as well as the 0.382 fib line, which the sellers were holding onto. This is very important to note, as the sellers have clearly been in control of this line and guarded it about 3 times as the charts show. Not much to note other than the USD is flavour of the month again...

Cabot101Management

Okay this will be short but , BOJ Kuroda overnight says he has know problem with printing more money if need be. With this Aussie figs overnight were good and seem to have boosted the AUD , so short term trade only , Long @ MKT - 87.70 stop @ 87.00 TP @ 88.40 Happy trading guys ......

Cabot101Management

Okay so we can see by the charts the Aussie dollar has enjoyed a nice rally from trend line support to trend line resistance, mainly due to USD weakness, It peaked out at about 0.8100 approx, and since then the wheels have fallen off the cart Based on poor retail sales figs yesterday, and the RBA's words when they left the cash rate unchanged , I feel there is...

Cabot101Management Updated 

Okay so the AUD has been in flavour again the past 2 weeks , and it has enjoyed a tremendous rally against the NZD since July , with profit taking along the way ( including me ) . So my analysis : I reckon were good for about another 50 pips or so over the next few days , with the good data that came out Asia session last night , Double its expectation and this...

Cabot101Management Updated 

So with the news that hurricane Harvey is the strongest one in 12 years, and is set to blow through the middle of the US oil industry it has caused refineries to shut down, and creating a gap for the moment of 9.56% a day or 167,000 barrels of oil not being produced how long will supply be muted for . Anyway by my calculation we can make a small profit here on...

Cabot101Management Updated 

Right so the charts are showing us that the GBP since the beginning of this month has finally given up the top @ around 1.4760, its touched it 3 times, but the selling/ profit taking zone has proved too strong and now the sellers are in control. Now if we look further out on the time scale you can see I have highlighted that this has actually been in a range of...

Cabot101Management

Okay this has been a beaut of a trade !!!! and as pointed out, it was there for the taking , we had to initially move our stop loss lower when it went against us, but it only went as far as our range clearly marked out, so there was no panic here , After the upbeat RBA minutes and poor NZ 0.00% CPI -0.03% we took Half our position off @ 1.07 as mentioned and we...