Hi folks!

I hope you all enjoyed your weekend :)

Today I entered a long entry on NZDCAD based on the beautiful uptrend we’re seeing on the 4H chart. It’s a typical swing-trading type of position you’ve seen me trading many times already. Unfortunately I cannot upload the video yet because the trade’s still open - the first target has been met for +62 pips (where I moved stop to breakeven), but the second target hasn’t yet being reached. But fear not, as soon as I exit out I will upload it here on the blog as usual.

Other than that, I am looking to enter a long-term short trade on USDCHF (or long on EURUSD, whichever looks better) as soon as the Fed confirms tomorrow the interest rates cut as expected. The cut is already priced in so unless there’s a surprise in the release I reckon the status quo (meaning long term dollar-weakness) remains unchanged. So like I say, as soon as the rate cut is confirmed I will actively seek for shorting the Swissie or longing my beloved Euro (my local currency :P).

Let’s see if I can score a long-term home run here!