Ghost_Traders_FX

Ghost_Traders_FX

With the BOC about to make an interest rate decision change not seen since the 2008 financial crisis, it really does leave the market to guess... are we going to see another HUGE drop like we did in July last year. Bearish structure looks to be forming, but could still see a sweep above before continuing down, alternatively if price puts in a new low I believe...

Ghost_Traders_FX

News volume has failed to create disrupt the bearish structure and trend, liquidity remains targetable on the sell side with buyside liquidity swept last night. I don't see the DXY reversing bearish just yet but I believe we are close. My Bias is Short as price seems very likely to target 1.203 before any major trend reversal. Trade Record for GTFX stands at...

Ghost_Traders_FX

The Ghost Traders FX gang has been taking shorts pretty much off every pump for very easy wins, as per last idea for Short, price is still yet to take the weak low which I would attribute to just manipulation & speculation in the market during Trump's Inauguration week. My bias is still short until 0.613 is taken and 0.6 - 0.611 is tapped into. Trade Record for...

Ghost_Traders_FX

Price formed a weak low @ 0.613 on Friday last week. It looks to me that most of this rally has just been big money taking profit on short positions as opposed to any real buying pressure on AUD or we would of seen a faster recovery, not a slow drip up. Price has rejected the previous 4H ranges BOS and close back below it forming strong consolidation. I'm...

Ghost_Traders_FX

My analysis for the coming weeks/months for AUD/USD. Right now, I see max fear in the markets for AUD, overwhelming bearish sentiment & no momentum in big money adding to short positions in recent COT reports. When profit taking begins on these short positions, you will see huge volatility back to the upside. When exactly this may occur, is anyone's...

Ghost_Traders_FX

ICMARKETS:EURAUD | GTFX Core Strategy Setup Pair: EUR/AUD Bias: Short Reasons: EUR is fundamentally weak on a macro-economic level right now, generally unattractive to big money with such low interest rates and the high likelihood of further cuts. AUD on the other hand even with some of the overseas tensions causing some volatility, is still...