JForex

19/03/2023

For the first time in a very long time $BTC and $XAU has decoupled from US indices.

Gold is staging a comeback as the safe haven of choice. But; what is interesting is $BTC is starting to look like one.

We will see along the way as 200 or so banks are in the brink of collapse.

27/02/2023

You need to take chances and chase dreams that look irrational to the outside world.

That’s the nature of pursuing unlikely
opportunities.

You have to do things that will make other people think you're an idiot.

Marc Randolph

23/02/2023

2/23/23

$BTC is currently lingering on its 6 month high- at around 25,200 ish.

Though, for those who have bottom picked last Nov. 2022; they are probably up about 58% to date.

If buying momentum prevails we might see 30,000 in the near-term.

CAVEAT- US data shows that economic expansion is high and we might see upcoming inflation prints high; which will potentially lead to higher upper bands for the Fed rates

JForex
Love your own Journey

17/02/2023

After 4 months in the red, the Dollar index is showing some strength this month.

Is this a sign that the FED might not be done with hiking?

On one hand, the crypto market remained resilient as $BTC lingers around 25k ish.

Can the market absorb a peak rate of beyond 5%? And mortgage rate of beyond 7%?

16/02/2023

Is AI something that scares you or excites you?

Will there still be genuine human interaction in the future?

16/02/2023

JForex Daily Forex Heat Check:

2/16/23

1. EURUSD- NEUTRAL
2. GBPUSD- NEUTRAL
3. USDJPY- LONG
4. USDCAD- NEUTRAL
5. USDCHF- NEUTRAL
6. AUDUSD- NEUTRAL
7. XAUUSD- NEUTRAL

HEADLINES:

$BTC IS UP 16% FOR THE MONTH OF FEBRUARY. NOW AT 24,700.

Comment your opinion.

Note: Please review you own analysis as the market will always be very dynamic and market sentiment will change in no time.

12/02/2023

JForex Daily Forex Heat Check:

2/12/23

1. EURUSD- NEUTRAL
2. GBPUSD- NEUTRAL
3. USDJPY- SHORT
4. USDCAD- NEUTRAL
5. USDCHF- NEUTRAL
6. AUDUSD- NEUTRAL
7. XAUUSD- LONG

HEADLINES:

Potential spy balloon taken down by NORAD over northern Canada.

Comment your opinion.

Note: Please review you own analysis as the market will always be very dynamic and market sentiment will change in no time.

18/12/2022

Note to all upcoming traders:

The first few years of your trading career is the worst.

People will not respect you.

Your own family will not respect you, because you still do not have consistent earnings on your first years.

But; please push through, do not stop! Believe in yourself!

Trading is a worthwhile skill to develop.

Happy Sunday!

13/12/2022

One thing I Iearn as a forex trader is how to forgive myself.

We should know how to move on from a bad trade peacefully, as it happens so often.

If you dwell in a bad trade for so long, your mind will be clouded and you can't see upcoming setups that may turn things around.

13/12/2022

SBF arrested.

CZ accused money laundering.

Interesting times in the crypto space.

Practice self custody. For the moment pull out your funds off CEX

Sam Bankman-Fried's arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX last month.

12/12/2022

The moment na ma experience mo mgtransact using crypto, you will never look back.

Speed, accuracy, reliability, open 24/7. Lahat ng kailangan mo for remittances kaya ng crypto.