Posts

Bumpy Start

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The week started off with some losing trades Monday morning but towards the end of the trading day we were able to catch some profits with our buy orders in the EUR/USD and DAX.

Our trading ideas for today 10/1/23:

EUR/USD

Long @ 1.0760

Short @ 1.0710

GBP/USD

Long @ 1.2180

Short @ 1.2135

DAX® (GER40)

Long @ 14760

Short @ 14670

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

 

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

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Daily Trading Signals 9/1/23

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Dear traders,

Happy New Year everyone!

The U.S. dollar came under renewed selling pressure after U.S. payrolls showed a 226k net increase in December, modestly beating expectations and dampening economic concerns.

What’s up next: We have the market’s favorite inflation indicator, the CPI index, due for release on Thursday.

Let’s see what our first trading week of the year will bring.

Our trading ideas for today 9/1/23:

EUR/USD

Long @ 1.0710

Short @ 1.0675*

GBP/USD

Long @ 1.2170

Short @ 1.2140*

DAX® (GER40)

Long @ 14720

Short @ 14640

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Holiday Conditions Ahead

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Welcome to this new trading week which will be our last one for this year.

Let’s shortly resume what has happened last week? The Federal Reserve raised rates by 50bp and stressed that more work needs to be done on fighting inflation despite a softer November U.S. inflation report. The European Central Bank surprised markets with a more aggressive hawkish tone. The DAX fell about 3.3 percent and below 14000 while the euro has held solid above 1.05. A cautiously stronger dollar led to a correction in the cable while the support around 1.21 remains intact.

Typically, the final two weeks of the year see a significant drop off in liquidity. However, thin liquidity can also transmit unexpected volatility but often without a clear direction. Traders do therefore better to be prepared for sideways and maybe choppy swings, rather than for trending markets. We for our part, will not reinvest much of our December gains and will start the Christmas holidays contemplatively.

The last interesting piece of economic data will be Friday’s PCE index.

Our trading ideas for today 19/12/22:

EUR/USD

Long @ 1.0640

Short @ 1.0580

GBP/USD

Long @ 1.2215

Short @ 1.2175

DAX® (GER40)

Long @ 13960

Short @ 13890

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

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Profitable Forex Trading Week

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Dear traders,

As for the currencies, it has been a profitable trading week for us, so we will save our profits now.

Have a beautiful and restful weekend!

Our trading ideas for today 16/12/22:

EUR/USD

Long @ 1.0665

Short @ 1.0615

GBP/USD

Long @ 1.2225

Short @ 1.2170

DAX® (GER40)

Long @ 14060

Short @ 13980 Trade has hit profit target

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Fed Decision: It’s All About The Outlook For Terminal Rates

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November’s U.S. CPI report surprised lower and the market rallied, providing bulls very good profits yesterday. However, gains faded quickly with the DAX and British pound giving up virtually all gains towards the end of the trading day. The euro held above 1.06, for now.

Federal Reserve rate decision is due today at 19:00 UTC, followed by the Fed press conference 30 minutes later.

We will learn how much of the Fed pivot was already been priced in over the past months. Markets are forward-looking and focusing on the long-term and thus market participants are looking for hints about the outlook for terminal rates and what the central bank signals after its rate decision. The Fed press conference and Jerome Powell’s statement will therefore take center stage.

All eyes will be on the Fed’s dot plot forecasts and the path for interest rates. If policy makers send a dovish signal and suggest a pause in rate increases in March, sooner than expected, markets could further rally. However, we bear in mind that the market is forward-looking and has much of the move already priced in. Thus, if a dovish pivot comes sooner, the next tightening cycle could also come sooner. So, in the end, it’s all about premature speculation.

After days of ongoing upward momentum, the risk is tilted to the downside.

Our trading ideas for today 14/12/22:

EUR/USD

Long @ 1.0670

Short @ 1.0585

GBP/USD

Long @ 1.2380

Short @ 1.2340

DAX® (GER40)

Long @ 14490

Short @ 14440

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

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Instagram

Entscheidende Woche

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Willkommen zu einer neuen und entscheidenden Handelswoche. Nachdem die Märkte in der vergangenen Woche inmitten geringer Liquidität nur kleinere Bewegungen vollzogen haben, wird es in dieser Woche bei den Fundamentaldaten deutlich lebhafter zugehen. Vor den Weihnachtsfeiertagen steht somit die letzte Reihe wichtiger Daten an, wobei sich Marktakteure auf mindestens vier hochkarätige Ereignisse in den nächsten Tagen konzentrieren werden.

Die U.S. Notenbank steht kurz vor einer Lockerung der Geldpolitik und wird daher allen Erwartungen nach am Mittwoch eine Zinserhöhung um 50 Basispunkte ankündigen, während die Bank von England und die Europäische Zentralbank am Donnerstag nachziehen dürften.

Was die Volatilität anbelangt, so wird die Fed in dieser Woche das größte Gewicht haben, und da ein Großteil der weniger hawkischen Haltung der Zentralbank bereits in der jüngsten Risikobereitschaft des Marktes und der anschließenden Aufwärtsdynamik eingepreist ist, bestünde das größte Volatilitätsrisiko in einer starken Abwärtsbewegung.

Der U.S. Dollar startete diese Woche mit leichter Aufwärtstendenz gegenüber anderen Währungen und Händler richten ihre Augen im Vorfeld der Fed-Sitzung nun auf die für Dienstag anstehenden Daten zur Verbraucherpreisinflation in den USA. Damit sich der Dollar erholen kann, müsste der Kern-VPI über 6,3 Prozent liegen, während ein Wert unter 6 Prozent einen weiteren Ausverkauf des Greenback auslösen könnte.

Technischer Ausblick

EUR/USD: Betrachtet man größere Zeitfenster, befindet sich der Euro seit Mai 2021 in einem Abwärtstrend. Die einzige treibende Kraft hinter dem jüngsten Anstieg des Euro war ein schwächerer U.S. Dollar, der aufgrund von Anzeichen einer nachlassenden US-Inflation niedriger gehandelt wurde. Mit anderen Worten: Das fundamentale Bild und die Entwicklungen in den USA werden in den nächsten Tagen das Kursgeschehen des Euro bestimmen.

Aus rein technischer Sicht bleibt das Währungspaar nach oben überdehnt und es bedarf einer Korrektur. Unterhalb von 1,0340 steigen die Chancen zugunsten der Bären, wobei dann ein niedrigeres Ziel bei 1,01 gesehen wird. Die Bullen hingegen müssen die Widerstandszone zwischen 1,06 und 1,08 überwinden, um einen Stimmungsumschwung zu Gunsten einer weiteren Aufwärtsbewegung zu erreichen.

GBP/USD: Wie beim Euro werden die US-Daten und die Fed-Entscheidung die Richtung des Cable in den nächsten Tagen vorgeben. Es scheint, als ob die Bullendynamik nachlässt und sollte das Pfund unter 1,21 ausbrechen, könnten wir eine steilere Korrektur in Richtung 1,18 erleben. Oberhalb von 1,2350 könnten die Bullen jedoch auf einen Test von 1,25 drängen.

Unsere Handelsideen für heute, den 12.12.22:

EUR/USD

Long @ 1.0540

Short @ 1.0490

GBP/USD

Long @ 1.2265

Short @ 1.2190

DAX® (GER40)

Long @ 14330

Short @ 14270

Einstellungen für alle Trades heute: SL 25, TP 40

Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

  • Hier können Sie unseren Signal Service abonnieren

Wir wünschen gute Trades!

Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

Copyright © 2022 MaiMarFX.

www.maimar.co

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Pivotal Week

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Welcome to a new and pivotal trading week. After smaller market movements on the back of a low liquidity backdrop the past week, the fundamental docket will get far busier this week. We get the last run of major data before the Christmas holidays with several high-profile event risk coming up within the next days.

The Federal Reserve is getting close to pivoting to easier policy and is thus expected to announce a 50bp rate hike on Wednesday, while the Bank of England and the European Central Bank are expected to follow suit on Thursday.

In terms of volatility, the Fed will carry the greatest weight this week and since much of the central bank’s less-hawkish stance is already priced in into the market’s recent risk appetite and subsequent upward momentum, the greatest risk of volatility would be a sharp move to the downside.

The U.S. dollar started this week with an uptick against other peers and traders now turn their eyes to Tuesday’s U.S. consumer inflation data ahead of the Fed meeting. For the dollar to rally we would need to see core CPI above 6.3 percent whereas a reading below 6 percent could ignite another sell-off in the greenback.

Technical view

EUR/USD: Looking at larger time frames the euro has been in a downtrend since May 2021. The only driving force behind the euro’s recent ascendency has been a softer U.S. dollar which traded lower on signs of easing U.S. inflation. In other words, the fundamental picture and developments in the US the next days will dictate the euro’s price action.

From a purely technical view, the currency pair remains stretched to the upside with a need for correction. Below 1.0340, chances increase in favor of the bears with a lower target seen at 1.01. Bulls on the other side will have to overcome the resistance zone between 1.06 and 1.08 in order to change the sentiment in favor of further bullish action.

GBP/USD: Like in the euro, the U.S. data and Fed decision will dictate the cable’s direction in the next days. It seems as if bullish momentum is waning and if the pound breaks below 1.21, we may see a steeper correction towards 1.18. Above 1.2350, however, bulls may push for a test of 1.25.

Our trading ideas for today 12/12/22:

EUR/USD

Long @ 1.0540

Short @ 1.0490

GBP/USD

Long @ 1.2265

Short @ 1.2190

DAX® (GER40)

Long @ 14330

Short @ 14270

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Profitieren mit den Bullen

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Der Aufwärtstrend am Markt hielt aufgrund der nachlassenden Nachfrage nach sicheren Häfen an. Der U.S. Dollar gab am dritten Tag gegenüber den meisten seiner wichtigsten Gegenwährungen nach. Wir konnten im Rahmen der laufenden Rallye profitieren. Neben unseren Day-Trading-Signalen und aufgrund der gestrigen Chancen auf einen weiteren Aufwärtsausbruch gingen wir beim EUR/USD bei 1,0503 sowie beim GBP/USD bei 1,2193 Long-Positionen ein. Die endgültigen Take-Profits sind auf 100 Pips festgelegt, aber wir haben heute Morgen bereits einen großen Teil beider Positionen im Gewinn geschlossen.

Die nächste Woche wird sehr volatil werden, denn es stehen mehrere hochkarätige Risiko Ereignisse an.

Bis wir in den Startlöchern für die nächste Woche stehen, wünschen wir Ihnen also ein erholsames und friedliches 3. Advents Wochenende.

Unsere Handelsideen für heute, den 9.12.22:

EUR/USD

Long @ 1.0590

Short @ 1.0520

GBP/USD

Long @ 1.2280

Short @ 1.2230*

DAX® (GER40)

Long @ 14340

Short @ 14270

Wenn auch Sie wissen möchten, wo wir unseren Stopp-Loss und Take-Profit setzen und ob wir an einem bestimmten Tag handeln oder nicht, sowie wie wir unsere Positionen managen, dann abonnieren Sie unseren Signalservice.

Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

Wir wünschen gute Trades!

Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

Copyright © 2022 MaiMarFX.

www.maimar.co

Folgen Sie uns über die sozialen Medien:

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Profit With The Bulls

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Bullish momentum persisted on eased demand for safe havens. The U.S. dollar dropped for the third day against most of its major counterparts. We were able to profit within the ongoing bull run. Beside our day trading signals and based on yesterday’s chances toward a further bullish breakout, we went long in the EUR/USD at 1.0503, as well as long in the GBP/USD at 1.2193. Final take-profits are set at 100 pips but we secured a big portion of both positions this morning.

Next week will be busy with high-profile event risk on the docket.

So, until we are in the starting blocks for next week, we wish you a restful and peaceful 3rd Advent weekend.

Our trading ideas for today 9/12/22:

EUR/USD

Long @ 1.0590

Short @ 1.0520

GBP/USD

Long @ 1.2280

Short @ 1.2230*

DAX® (GER40)

Long @ 14340

Short @ 14270

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

EUR/USD And GBP/USD Push Higher

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The EUR/USD held above 1.05 while the GBP/USD refrained from a downside break below 1.2170. Given that higher support level hold so far, chances are in favor of the bulls right now. Let’s wait and see.

Our trading ideas for today 8/12/22:

EUR/USD

Long @ 1.0525

Short @ 1.0480

GBP/USD

Long @ 1.2215

Short @ 1.2175

DAX® (GER40)

Long @ 14320

Short @ 14260

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

 

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram