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While the position netted a modest gain, we see further profit potential as limited. We now believe the Federal Reserve will be willing to cut rates more decisively than we expected when we adopted the trade in early June because its outlook for US growth has moderated...

Pivot (invalidation): 60.40 Our preference Short positions below 60.40 with targets at 57.20 & 56.30 in extension. Alternative scenario...

Pivot (invalidation): 17.8700 Our preference Long positions above 17.8700 with targets at 18.0900 & 18.1800 in extension. Alternative scenario...

Pivot (invalidation): 1495.50 Our preference Long positions above 1495.50 with targets at 1507.00 & 1512.00 in extension. Alternative scenario...

Pivot (invalidation): 2991.00 Our preference Long positions above 2991.00 with targets at 3020.00 & 3029.00 in extension. Alternative scenario...

Pivot (invalidation): 12449.00 Our preference Short positions below 12449.00 with targets at 12300.00 & 12210.00 in extension. Alternative scenario...

Pivot (invalidation): 5.7180 Our preference Short positions below 5.7180 with targets at 5.6870 & 5.6630 in extension. Alternative scenario...

Pivot (invalidation): 0.6870 Our preference Short positions below 0.6870 with targets at 0.6830 & 0.6815 in extension. Alternative scenario...

Pivot (invalidation): 1.3235 Our preference Long positions above 1.3235 with targets at 1.3270 & 1.3290 in extension. Alternative scenario...

Pivot (invalidation): 0.9940 Our preference Short positions below 0.9940 with targets at 0.9920 & 0.9910 in extension. Alternative scenario...

Pivot (invalidation): 108.05 Our preference Long positions above 108.05 with targets at 108.35 & 108.50 in extension. Alternative scenario...

Pivot (invalidation): 1.2470 Our preference Long positions above 1.2470 with targets at 1.2505 & 1.2530 in extension. Alternative scenario...

Pivot (invalidation): 1.1040 Our preference Long positions above 1.1040 with targets at 1.1085 & 1.1110 in extension. Alternative scenario...

NOTE: 5D = 5-digit symbols | 5D will not work with 3D symbols (e.g UsdJpy, EurJpy, AudJpy, etc...

Strategy Tester Report...

Setup 1HR chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Nice EURUSD trade today 60 pips up and going. These are the reasons that entered long. 1. Reached Fib Area - hit 61.8 several times...

USDJPY risk continues to point higher on further price strength. On the upside, resistance comes in at 108.50 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109...

It seems to be a rather Dovish bias communicated by the Reserve Bank of Australia in its minutes of the meeting of 3 September 2019...

The oil-related sell-off following the weekend's attack on Saudi Arabia facilities is already losing steam. On Sep 14th, coordinated attacks using drone technology were carried out on oil facilities in Saudi Arabia...

Pivot (invalidation): 60.80 Our preference Long positions above 60.80 with targets at 63.35 & 64.30 in extension. Alternative scenario...