Cabot101Management

Cabot101Management Updated 

Okay so when you have a plan for the trade and it plays out 90% of how your view was, this is the power of trading . Now alot of you might be saying its 230 pips big deal... It was and still is stress free pips . RBNZ were neutral to dovish on there statement, and with DT- Trump getting all hot and bothered on a geopolitical level, people are flocking to the...

Cabot101Management

Repost to highlight that with time and a plan forex can be a deadly weapon....... So we got entry on this again @ 106.10 and have let this tick higher until the 0.5 fib line, I could have knowingly adjusted my TP level after following the RBNZ events last night, but were at a key level and getting greedy can be bad so we have cashed out on another profitable...

Cabot101Management

Okay so im going to keep this brief , You can see we have broken trend line support. Big day for this pair , NFP @ 13.30 whats prob more important than the overall figure is the MKT is focusing right now on the Av.hourly rate. Remember last NFP was positive on employment change, but negative for the other for Av.Earnings and Unemployment rate and the USD...

Cabot101Management Updated 

Plan the trade and trade the plan, A perfect example here of that , we entered @ 80.50 and been comfortable ever since , overnight the AUD trade balance missed considerably, helping this trade even more . We have moved our stop loss to 0.7940 to lock in some profit for now, but may move it tighter as this moves down to lock in more profit, simply because if...

Cabot101Management

My Pick of the week .........RBA / BOE meetings this week !!!!!! Okay so a big week for this pair , The Aussie is being help up right now due to a surge in Chinese iron ore prices , why because it is a commodity linked currency. We have seen this pair get pushed down over time, due to all the hard Brexit talks and the AUD rallying over time against its crosses...

Cabot101Management Updated 

Okay so this has been on the radar for a while now and we could have entered days ago knowing this , however I wanted to wait for the NZ Employment Q/Q results before entering, worth noting labour costs missed too, NZ figs missed considerably last night in the Asia session, you can see by the charts we have enjoyed a nice rally since April against the JPY ,...

Cabot101Management Updated 

Okay so a big week for this pair , The Aussie is being help up right now due to a surge in Chinese iron ore prices , why because it is a commodity linked currency. We have seen this pair get pushed down over time, due to all the hard Brexit talks and the AUD rallying over time against its crosses , I feel the rallying is slowing now though, and what will be the...

Cabot101Management

Okay so thanks to the Rising commodity prices and good Chinese data yesterday www.forexlive.com this has surged and we had an embarrassing display of jawboning which failed . The USD is getting punished right now with the DXY hunters out for blood , All of this points to some more upside potential here , but I personally am at a level of starting to Sell in...

Cabot101Management Updated 

Right more Jawboning from the RBA and a not so impressive CPI reading all points to pips for us ..... Stick to the trade plan and this should play out nicely ..... were about 13 pips away from TP1 and the UK and US MKT's are still to open . REPOST: Round 1 to the RBA , give Gov 0.00% . Debelle a round of applause text book jawboning..................... Anyway...

Cabot101Management

So the charts don't lie this is getting interesting , will be keeping an eye on this , as with the USD beaten down right now and the DXY bears having a field day , this could have a turn around sooner than you think ..... Stay alert guys !!!!!

Cabot101Management Updated 

Okay so here we are with this pair again , There was a sell off due to Debelle last week jawboning the AUD, it had the effect they wanted a sell off/ profit taking took place. This pair has been ranging for a while but the AUD up until late has enjoyed a gradual climb against its crosses. I still feel that if tomorrow ( Asia session) the Aussie figs print well...

Cabot101Management

Round 1 to the RBA , give Gov. Debelle a round of applause text book jawboning..................... Anyway we cant be too disappointed as if you see the previous post this pair has been giving us a steady source of income . ( See previous Post July 12th) Right onto business : With the AUD coming off the back of a nice rally for a while, now the Jawboning from...

Cabot101Management Updated 

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 CPI we took Half our position off @ 1.07 as mentioned and we have also...

Cabot101Management Updated 

Okay so we got in post US NFP figs and have been riding it higher, got in @ 87.70 so were going to put a stop in @ 88.70 to lock in some profit of 100 pips, and i'm actually only doing this because we had the AUD/USD trade go against us 110 pips , when we were short @ 0.7840 so it levels out the books again ...... Anyway I said this will be good for 150 - 200...

Cabot101Management

Okay a good looking chart , its approaching the 0.618 fib line fast , In my opinion this has further to go, the AUD is creeping higher off the back of CNY data, and the cross pair AUD/USD is still creeping higher for now . There are some factors in play here though : 1. We will not be entering until post USD CPI data today @ 13.30 2. If the Greenback posts...

Cabot101Management Updated 

Okay so the USD weakness has constituted towards this retrace on this pair it hit the 0.382 fib and bounced higher , very important to note, yesterday saw the greenback get slammed by the crossed pairs, and @ 13.30 today we see the figs for the final GDP. With all the volatility on the USD, if it disappoints ...........we will ride the wave higher ( very short...

Cabot101Management Updated 

A fairly busy week ahead for this pair !!!! Article posted July 3rd........ A must read as so far this has played out beautifully . Right a hike is expected today , but has it already been priced in ?? well you will have to keep watching to see. We are probability risk takers, we made some pips on the way down as mentioned in our previous post, we got back in...

Cabot101Management

Tell me you see it too........... article posted 7th June for a better read ........ Okay so we actually moved our stop further down when this was going against us , It hit a low in the range pointed out of 103.70, and our stop was moved to 103.00 below the wick of the last low . Anyway this is in a range and playing out nicely, we got entry @ 104.80 I...