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March 3rd 2019 - Institutional Positions & Supply and Demand for the FOREX market

The positions below represent the institutional positions held as of February 19th 2019!

📊 In the Markets: The moves have begun. This week we saw #gold start it’s reversal from within the Monthly supply zone. This is the move we’ve been waiting for and it took place this week. It also caused the removal of the daily demand that was keeping the ascending structure and trend in place. With that demand now removed it has caused a momentum shift to take place. This is the first step in the larger move lower we are expecting.

As for the $dxy #usdollar, we noticed some strength kick in, which is what we were anticipating and it was very evident in the $usdcad and the $usdjpy. The long trade signal on the $usdcad is playing out perfectly and in fact the bulletproof target has already been reached. It’s too bad I am not in that trade anymore but am reaping positive returns on my theme position. If these two pairs are any indication of what’s to come, we should see the $usdchf follow behind and make a run for it next week.

The $gbpusd and its cross pairs showed a lot of strength this week. The $gbpaud and $gbpcad moving higher as indicated in the trade signals and targets I outlined in the forum. Once again I was stopped out at break even on those signals right before price ripped higher on the charts. These two signals are a learning lesson for me and I have made notes in my journal in regards to them so I can lean why price acted as it did.

The $audusd and $nzdusd weakness was starting to come though this week, as we have covered in previous analysis videos. This downwards force should continue in the coming weeks.

Overall, the markets are starting to play out as we have been waiting for. Whether we see a break higher in the dollar this coming week or not remains the question. I think what we are seeing in the dollar pairs are a strong indication of this but the timing is what is not known. The analysis continues to prove itself of its accuracy and only becomes stronger as we add to our experiences from the markets.

👇📺🚨 Here was last weeks video provided to members 🚨📺👇



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