BeSomebodyFX

2021-07-26 16:30:14 EURGBP is valid as long as we don’t get a clean break below 0.85000, we are seeing early signs of risk off building up in Asian markets but none in global markets yet Open / Comment

2021-07-21 16:26:37 EURGBP targeting 0.87500…

Expecting bouts of risk off and volatility spikes in global markets over the next couple of weeks as inflation expectations move lower (see post above) and global growth peaks, EUR (low beta) tends to outperform GBP (high beta) in this type of environment, hence targeting a move higher towards 0.87500, remember to buy low and not high Open / Comment

2021-07-12 18:07:20 Plenty of questions recently asking our thoughts on inflation going forward, and the answer is quite straightforward, there are two players that say “inflation is transitory” which are smarter than all your favorite trading gurus combined, one is the FED and the other the bond market, never a good idea to fight them.

We are likely near peak inflation for the year, and if you are wondering what it means for the market, well, think of last year’s macro trends in FX (reflation driven) and reverse them. Open / Comment

2021-07-07 18:12:37 Quickly proven wrong on EURUSD on the break of 1.18000, a friendly reminder from the market that not all trades can be winners Open / Comment

2021-07-05 16:30:29 EURUSD squeeze targeting 1.19400…

Last week’s flows after US data mark a turn in sentiment that suggests a short term squeeze higher on EURUSD, expecting 1.19400 to trade in about a week or so Open / Comment

2021-06-30 10:52:04 S&P500 4300 target reached…

Don’t fight the macro environment and remember to not get stuck in front of the charts too much, if trading is exhausting you, you’re doing something wrong.

Trade less, trade smart Open / Comment

2021-06-25 10:49:53 USDJPY 111.000 target reached…

Took longer than expected but here it is, as mentioned last week, because of the upcoming macro environment (FED tightening) we expect USDJPY to extend towards 116.000 before year end, we will trade it accordingly Open / Comment

2021-06-21 16:22:11 S&P500 target 4300…

Not the boldest of trades but we expect the S&P500 to reach 4300 before the end of August, plenty of FED hawkishness has been already priced in for the time being, so until the next catalyst some rebalancing will push the S&P500 to new ATH, beware tho there could be some volatility and a bit of more downside before the dip gets bought for good Open / Comment

2021-06-18 16:20:33 Watching carefully the FOMC this week for further guidance on the tapering subject hence the USDJPY trade. No mention of the word “tapering” and USDJPY takes a trip back below 109.000, any mention of the tapering subject, with hints that it’s a matter that… Open / Comment

2021-06-14 15:37:40 Watching carefully the FOMC this week for further guidance on the tapering subject hence the USDJPY trade.

No mention of the word “tapering” and USDJPY takes a trip back below 109.000, any mention of the tapering subject, with hints that it’s a matter that will be discussed actively going forward and USDJPY continues towards the 111.000 target

Also beware of the “experts” out there, regardless of this week’s FOMC result, the tapering subject will gain attention in the coming months, remember to shut noise from the average trading “guru”, trade facts Open / Comment