Greetings fellow traders,
As I write this article, BOE Governor Carney speeks and gives hopes of a rate increase sooner than expected in UK, therefore the Order Flow Book can change at any time with full speed as Stop Losses have been triggered in all GBP pairs (GBP/USD, GBP/AUD, GBP/NZD, GBP/JPY) in the last half of hour.
Also I see a lot of speculation on the USD/JPY pair ahead of the Monetary Policy Statement which is expected to remain the same as previous. After the bad data Today from the US Retail Sales and Core Retail Sales, JPY streghtens and is heading towards the Stops at 101.40
GBP/USD - SWFX Sentiment Index Shows 60% Bearish Sentiment,
- Open Positions Ratio - 58% Bearish,
- Sell Stop Orders - Strong Volume at 1.6740 (Current Price is 1.69)
- Buy Stop Orders - Triggered Already From 1.6860 ad 1.69 during the BOE Gov Carney Speech, next Demand at 1.6930 and 1.70 (SL's also wiped in GBP/AUD and GBP/NZD pairs)
EUR/USD - SWFX Sentiment Index Shows 52% Bullish Sentiment,
- Open Positions Ratio - 59% Bullish,
- Sell Stop Orders - Strong Volume at 1.35 (Largest Liquidity in the Order Flow Book, also the strongest Demand)
- Buy Stop Orders - Low Volume 1.36 and 1.37 (Strong Supply from 1.3580 until 1.37)
USD/JPY - SWFX Sentiment Index Shows 73% Bullish Sentiment,
- Open Positions Ratio - 65% Bullish,
- Sell Stop Orders - Strong Volume at 101.40 (Largest Liquidity in the Order Flow Book, also the strongest Demand above 101.50)
- Buy Stop Orders - at 101.90 and 102.20, 102.50 (confirmation of the Weekly main pivot)
You can Join my daily Order Flow Bok webinar in the LIVE TV section everyday at 16:30 GMT fr one hour.
To your success,
Doctortyby - Tiberiu
As I write this article, BOE Governor Carney speeks and gives hopes of a rate increase sooner than expected in UK, therefore the Order Flow Book can change at any time with full speed as Stop Losses have been triggered in all GBP pairs (GBP/USD, GBP/AUD, GBP/NZD, GBP/JPY) in the last half of hour.
Also I see a lot of speculation on the USD/JPY pair ahead of the Monetary Policy Statement which is expected to remain the same as previous. After the bad data Today from the US Retail Sales and Core Retail Sales, JPY streghtens and is heading towards the Stops at 101.40
GBP/USD - SWFX Sentiment Index Shows 60% Bearish Sentiment,
- Open Positions Ratio - 58% Bearish,
- Sell Stop Orders - Strong Volume at 1.6740 (Current Price is 1.69)
- Buy Stop Orders - Triggered Already From 1.6860 ad 1.69 during the BOE Gov Carney Speech, next Demand at 1.6930 and 1.70 (SL's also wiped in GBP/AUD and GBP/NZD pairs)
EUR/USD - SWFX Sentiment Index Shows 52% Bullish Sentiment,
- Open Positions Ratio - 59% Bullish,
- Sell Stop Orders - Strong Volume at 1.35 (Largest Liquidity in the Order Flow Book, also the strongest Demand)
- Buy Stop Orders - Low Volume 1.36 and 1.37 (Strong Supply from 1.3580 until 1.37)
USD/JPY - SWFX Sentiment Index Shows 73% Bullish Sentiment,
- Open Positions Ratio - 65% Bullish,
- Sell Stop Orders - Strong Volume at 101.40 (Largest Liquidity in the Order Flow Book, also the strongest Demand above 101.50)
- Buy Stop Orders - at 101.90 and 102.20, 102.50 (confirmation of the Weekly main pivot)
You can Join my daily Order Flow Bok webinar in the LIVE TV section everyday at 16:30 GMT fr one hour.
To your success,
Doctortyby - Tiberiu