Cabot101Management

Cabot101Management Updated 

Okay so we flagged this on our previous post 27/06/17..... Not the best news for the Yen as the BOJ are capping 0% interest on the 10 yr yield target , this pair has enjoyed some gains since our last post , however I see the momentum continuing and taking out the highs towards the trend line resistance , based on this news, 1.48 is where the sellers are at, ...

Cabot101Management

Okay so GBP data due out today @ 09.30 and tomorrow, RBA Jawboning their currency due to slow wage growth and employment . This has just popped the 0.5 FIB level if we get good GBP figs expect this to keep ticking higher , we will be going long post GBP data release Stay tuned ..........

Cabot101Management Updated 

Right , Monday morning kicks off with US MKTS going on half day holiday today and tomorrow good old 4th July, Happy independence day America. This means for us trade will be fairly flat over the next couple of days . However on this pair, Im seeing it approaching the 0.618 fib line again , now Asia session saw AUD building approvals m/m- miss considerably, but...

Cabot101Management Updated 

So major key levels here again , the chart says it all ..... We will be going short after USD - PCE figs today, nothing really to worry about until NFP next week , so we will be watching the trade like a hawk. Will post levels later today after the FIGS release Stay tuned ..........

Cabot101Management Updated 

Okay so our friend Draghi was alot more hawkish with his comments this week , How ever the ECB back peddled a bit, and said our words have been some what misinterpreted . Either way normal order seems to be restoring in the euro region, and they will be looking to slow the books down at some point . A few things to note with this in mind, serious USD dollar...

Cabot101Management Updated 

Right we have seen the GBP find support both on the trend line & the 0.618 fib line , since then its rallied 300 pips . Highlights today are the Financial stability report and Carney speaks along with Draghi up today as well ( should be interesting ). Anyway I would like to see this retrace before entering long , say around the 1.4050-1.41 area, yesterday saw the...

Cabot101Management Updated 

Just re posting from previous blog 23/6/17 please see for in depth breakdown : Okay so overnight NZ trade balance missed , but more importantly USD core and durable goods figs missed considerably . What does this mean, well In my opinion the NZD should hang around our confluence zone for a bit, especially off the back of the CNY Premier LI comments about the...

Cabot101Management Updated 

Hey guys , right so another much needed break for me which was lovely, I tend to switch off while Im away and not trade , as I feel its good to reset the batteries, clear the head, and be in the moment of your holiday its important ....Anyone else on holiday or going away do share :) Anyway that aside this was flagged on the 12/6/17 please see previous...

Cabot101Management

Okay so US fed meet this week to hike by an expected 0.25 bps , and USD data out through the week also . Now NZ Q1 GDP on Wednesday which is seen to be rising from 0.4 to 0.7 , but the y/y rate is exp to stay the same . Anyway this presents a definite opportunity, what way will it go? we shall see going into the data, but its sitting at a peachy level right...

Cabot101Management

This is a good trade in my opinion because technically It will meet resistance and shift back down at some point slowly , But for now based on some key info which is, the betting on the short side of the Euro is starting to fizzle out like a sparkler . We know the ECB meet today and also the Election results are going to be announced , Key points 1. ECB have...

Cabot101Management Updated 

This has been ranging and providing a nice steady income along the way , I will keep it simple the AUD is in focus after better than expected y/y GDP data , this is important as it reduces the percentage forecast by the analysts for a further rate cut by the RBA early Q1 next yr, So Long @ 1.0480 levels Stop @ 1.04 TP @ 1.07 next fib level longer term...

Cabot101Management Updated 

Okay so this is a good day trade I feel , 1. Its turned over @ the 0.23 fib line 2. Its broken the trend line support 3. Oil is tanking again as we speak on the day 4. CAD - ivy PMI due out today, but I feel the main focus with this is on OIL 5. Safe haven flows are in place today, Notably the cross rate pushing this lower on the day..... USD/JPY So short...

Cabot101Management Updated 

Okay so the GBP has been under the spotlight from all the antics lately , politically and Brexit of course . This has now come on my radar because I believe its undervalued right now , So you can see by the chart ( looking left ) its coming in to what was trend line resistance, which will offer trend line support along with the 0.23 fib retracement . So I would...

Cabot101Management Updated 

Okay so as we said on Friday pre - NFP, this pair right now are volatile and it was going to move quite a bit either way, post data release , So right now the way we see it , av earnings hasn't changed so there's a positive out of the miss . We are at a better price to get in this pair, there is some important data today being released @ 13.30 and 15.00. We...

Cabot101Management Updated 

Okay previous blogs 2/5/17 & 17/5/17 This is in a range and we have some data due out today from the Eurozone . Now what goes up must come down and vice versa , anyway the GBP has taken a beating due to the latest polls showing the race is tighter than they thought , the headlines have just come out to say the conservatives will fall short by some 16 + seats for...

Cabot101Management Updated 

Sentiment is changing on the Euro now with the ECB looking to change their policy soon, and cut back on tapering, due the books starting to take shape. Yesterday saw this enjoy some gains, in my opinion its still got a downwards leg short term!! . Right now its at a strong resistance area where the sellers are keen to step in . We will be selling @ 1.1250 but...

Cabot101Management Updated 

Okay so we were in this previously and got stopped out for a profit , our view has not changed, and although oil was pressured yesterday its gone back to recovering . CAD printed good GDP m/m figs yesterday and the cross rates pushed this higher EUR/USD etc, unfortunately I fell asleep at the wheel, I was in the trade and got stopped out, but didn't re set an...

Cabot101Management Updated 

Going to keep this one short, If NFP figs are good today then this will steam toward the fib line @1.1230 ( 70 pips away ) Happy trading .......