Video

#SaxoStrats
Today's edition of the Saxo Morning Call features the SaxoStrats team discussing the continuing weakness of the US dollar as commodity prices recover ground and in the wake of key US equity indices hitting all-time highs Thursday.
Squawk / 19 March 2018 at 11:17 GMT
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Switzerland
Another manic Monday for cable! Shorting gbpjpy at retest of previously broken trend line. Short 149.00 s/l 149.58, t/p 147.60 (daily chart attached) Great trading to all! ;)
2y
Morten Olby Morten Olby
Hi Sabrina, appreciate your trading ideas. You were very right on cable a couple of weeks ago. I will wait for GBPJPY to get to 149 and then short :-). Thanks
2y
Morten Olby Morten Olby
And then it passed 149 :-) Now short
2y
usxau usxau
Thanks Morten, good luck! ;) Cable I think we have a bit of a short squeeze however I have been wrong before, so this might be the run up to 1.45ish ;)
2y
alki alki
Good day! Tried a short @148,2 and got stopped out @148,5 :-)
2y
David12 David12
Hi Sabrina,
welcome back to your amazing calls; Good luck !
2y
alki alki
I am reluctant to try to „repair” a loosing trade in the same day .-) But by the way, pocketed a 110 pips long GBPUSD just this morning...
2y
Morten Olby Morten Olby
Hello Alki, sorry to hear that. Looks like 149 could be a better level.
2y
usxau usxau
Thanks gents! Nice to have some volatility back, it makes for great trade set ups! :) Unfortunately missed the cable trade! :(
2y
alki alki
Hello Morten. Got it covered and some with the GU trade, so no worries :-)
Yeah, it could be, but i try to refrain from reloading a loosing trade. Especially with this little beast...
2y
usxau usxau
Hahaha, Alki, you got the widow maker tamed! ;)
2y
alki alki
Complete agreement on Brexit announced. Not good for shorting GBP :-)
2y
Pluis Pluis
Oei
2y
usxau usxau
Right, that wasn't my best call! Sorry lads! :)
2y
alki alki
Haha! I was right to refrain from reloading. This time at least .-) Good luck on the next one!
2y
Morten Olby Morten Olby
No worries, it is a numbers game. Made much more on your GBPUSD call than I gave away on this one. Just keep them coming :-)
2y
David12 David12
from the technical view this call was great; but failed because FX is so unpredictable these days; it is being led by news and rumours only ...
even upside jump of GBPUSD today was driven by news only
2y
usxau usxau
Thanks gents your are awesome! ;)
2y
HaythamSabry HaythamSabry
Any views on pullback level?
2y
Cesime Cesime
that's a very risky trade imo., usxau
2y
usxau usxau
Haytham, I am surprised to see limited fall out in the yen pairs with the current sell off. Markets seem very fickle atm as we are waiting for the FOMC on Wednesday and BoE on Thursday. To add more uncertainty is the issues around Abe's involvement in a land deal in Japan, so this pair is likely to be driven more by sentiment and risk aversion factors until we get the 2 CB's out of the way. Not sure if this helps. Cheers ;)

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