Mahmoud1's Blog

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FOMC tonight

Today we have FOMC today and i hope to catch some volatility on the USD counterparts .. i am interested in the EURO especifically if previous day’s hold at 1.2320 i think we might see another leg up!
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LOONIE

I am very interested in the USD/CAD especially this week because of the fundamentals about Canada .. i am waiting patiently to a nice setup whatever long or short on this pair.
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USD/CHF swissie

I've bought this pair today and it was a successful trade price went up nicely .. tomorrow i maybe look at another buy if price still traded and hold above today's high or just go back to main trend and looking for a sell again with the trend.
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EUR/USD

As we can see from this chart the pair has been in a long consolidation and i think it's breaking out now .. I prefer to look for opportunities to short it preferably at the previous support.
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Mahmoud1 avatar
Mahmoud1 19 fév

Sorry not the EURO it's the USD Yen .. haven't slept for 24 :D

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Great week so far

I have made 3 trades today sold USD/JPY USD/CHF and bought EUR/USD and all went nicely .. i am progressing through the contest till now slowly but steady hope to finish among the first this month.
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USD recover temporarily

As we saw today the greenback had been strong today the Dollar can start to show some form of trend. Coming into last week after another spill-lower, price action carried a bearish tone in the early portion of the week followed by a bullish drive towards the latter-half of the week, capped by that NFP run on Friday.
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New week new month FRESH START

Looking forward for the FX market this week i am gonna trade all the majors and JPY crosses also the Aussie due to Australian fundamentals this week .. hope everyone profitable week and be careful out there .. i am gonna analyze some charts and post them stay tuned .. we saw last week big moves hope we can catch some good moves also this week.
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FRIDAY NFP

NFP forecast
Will strong NFP help the USD to regain strength or the selling off continues .. Today is the release of NFP with expectation of 170 new jobs i expect the USD will go up in the upcoming weeks maybe as a correction before we have confirmation of the downtrend against all other currencies!
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GBP/USD

As we saw today the Pound was clear SELL as price rallied toward 50 DMA converges with 38% of the big swing from December high @ 1.2770 normally when price comes that fast indicates weakness as Cable falls almost 100 pips!
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USD/CAD

After a month near consistent losses against the Canadian dollar, the US dollar gained 2.6% or roughly 340 pips on the back of a widely anticipated rate hike, but a less anticipated hawkish tilt in the infamous Federal Reserve Dot Plot.
I just entered long the pair USD/CAD looking for 100 pips tomorrow as US and Canadian data will move price .. Good luck.
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