South Winds, Red Skies & Clouds in the West

expiated said:
USDCAD’s intermediate trend turned bearish the first day of November, and the day-to-day trend ALSO turned bearish toward the end of trading on Friday.
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This momentary "pop" might turn out to have been not such a bad opportunity to sell.

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expiated said:
AUDJPY was formerly climbing overall from month-to-month, but completely lost that momentum and transitioned to a bearish sentiment. It tried to go bullish, but failed when price plunged back below 87.90 on Friday. All indications at present are that price will continue to fall.
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The economic news out of Japan has turned this situation around so that AUDJPY's intraday trend is now bullish! The same is true of EURJPY.
 
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expiated said:
The economic news out of Japan has turned this situation around so that AUDJPY's intraday trend is now bullish! The same is true of EURJPY.
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Nonetheless, I'm hoping to make a few pips profit by selling as the market makers seek to get out of their upside down positions:

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expiated said:
Nonetheless, I'm hoping to make a few pips profit by selling as the market makers seek to get out of their upside down positions:
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I'm trying to profit off of AUDJPY both coming down and going up...

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expiated said:
It is worth noting that on a longer-term basis, the pair looks more inclined to head north than south, given that the weekly trajectory has been bullish ever since September 11, 2017 and remains so.
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This is the second time since this week's open a few hours ago that I'm looking to pick up a few pips profit by buying USDJPY.

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AUDJPY - as long as it's hanging around 87.41 the intraday sentiment is neutral.

AUDUSD - intraday sentiment turned bullish about four hours ago.

GBPJPY - intraday sentiment is bullish.

GBPUSD - intraday sentiment is bullish.

EURJPY - intraday sentiment is bearish.

EURGBP - intraday sentiment is bearish.

EURUSD - intraday sentiment is bearish.

USDCAD - intraday sentiment just turned bullish about an hour ago.

USDCHF - intraday sentiment just turned bearish about an hour and a half ago.

USDJPY - intraday sentiment turned bearish about five and a half hours ago
 
expiated said:
EURUSD - intraday sentiment is bearish.
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According to the methodology I use in forecasting the Forex market, EURUSD switched from a bearish to bullish sentiment about an hour and a half ago (9:00 AM Pacific Standard Time).

Also, USDCAD has spent the last three or four hours reversing direction so that it’s bullish prognosis is no longer valid. Unless the pair wishes to reverse itself again and climb back up above 1.2764, USDCAD has gone back to a bearish sentiment.
 
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My winning percentage is back up above 80% (the minimum of what I find acceptable) but I still need to do something about the fact that my average losses continue to be twice the size of my average profits.

ScreenHunter_6649 Nov. 06 11.30.jpg
 
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