Royal Trades

Trade like Royalty 👑
Covering Macro and Market Movers 📊

[Dami-Defi @DamiDefi]

https://t.co/ksvC4bKpZ7

[Royal Trades @HowRoyalTrades]

To everyone that I've forwarded my spreadsheet under the Australian Economic Heatmap put x or 0 value in actual, forecast and previous tabs since for some reason Australia doesn't update their retail sales mom and yoy figures anymore.

This should help you get clear AUD score.

[Royal Trades @HowRoyalTrades]

I see a lot of people talking about Bitcoin so here are my thoughts on it.

Fundamentally: would not touch it.
Technically: If this trendline doesn't hold tight then more pain ahead down to $45k - $40k

I would not touch it, no gain in being a buyer here

[Royal Trades @HowRoyalTrades]

Gold is back to 200 Moving Average, good time to accumulate some gold for long run...

[Royal Trades @HowRoyalTrades]

@KobeissiLetter Could have made so much money just buying index and doing nothing but he wanted to be a gambler...

[Royal Trades @HowRoyalTrades]

USD/CAD Partial profit taken, trailing stop under the last key level, currently letting it run to collect as much positive swap as I can.

USDCAD scoring still remains strong on our side.

Full logic behind the trade can be found in our Weekly FX Report: https://t.co/IlQD2c335v

[Royal Trades @HowRoyalTrades]

@KingsleyS64871 @9to5toMarkets It seems like yesterday we got quite a divergence and hawkishness from RBA's Ian Harper, market priced in 3 hikes on all 3 meetings this year.

On the other side RBNZ could put economy in far difficult position due to their hikes when Hormuz opens.

Should've kept tabs yesterday

[Royal Trades @HowRoyalTrades]

GBPNZD shorts have been executed. So far I'm 3R units into NZD strength and 2R into CAD weakness...

I suggest keeping risk small in case something hits the wire that messes things up

[Royal Trades @HowRoyalTrades]

Trades that we have executed from our Report:
NZDCAD - Bullish Bias | Score: +13
USDCAD - Bullish Bias | Score: +14
EURNZD - Short Bias | Score: -6

Pending Trade Execution:
GBPNZD - Short Bias | Score: -11

[Royal Trades @HowRoyalTrades]

@jusdrade I'm not that surprised that EURNZD didn't work out since it did get bullish reading but not that strong one but I am surprised how fast today's move was.

Thanks to USDCAD I think I will wash out flat and if the NZDCAD doesn't work out then I will be in small loss.

[Royal Trades @HowRoyalTrades]

Wow I've been proven wrong so fast, closed EURNZD and GBPNZD in loss

I guess I should have waited for additional confirmation instead of jumping in...

Well, onto the next setup

[Royal Trades @HowRoyalTrades]

GBPNZD shorts have been executed. So far I'm 3R units into NZD strength and 2R into CAD weakness...

I suggest keeping risk small in case something hits the wire that messes things up

[Royal Trades @HowRoyalTrades]

@karaoke_andi @paxtrader777 Love that sentence, one of my fellas that got me into trading always used to say size small in order to survive and trade the next day.

Always on point with his trading pillars

[Royal Trades @HowRoyalTrades]

@elitetraders_io Got it, thank you for explaining 👍

[Royal Trades @HowRoyalTrades]

@9to5toMarkets Around a recent Fib retracement level, it's blown trough it but will see what happens at the recent support level

[Royal Trades @HowRoyalTrades]

@GRAYINVESTED Sounds like a broker advertisement to trade on tradezero and he calls that professional, laughable 🤣

Correct me if I'm wrong but professionals use Institutional Prime Brokers like JPM, GS, MS, UBS ans IB. You need big money for that

Bloomberg is a must on this list

[Royal Trades @HowRoyalTrades]

@ZamcoCapital 8 hours only? I've been in this short for a week now 😩

[Royal Trades @HowRoyalTrades]

Forgot to mention the key thing, this strategy works best for ETF's and not really for trading individual stocks, they can plummet to 0 but generally ETF's tend to recover since they are built that way.

Here is an example of XLF strategy performance over the last 10 years.

[Royal Trades @HowRoyalTrades]

I've made a first strategy report one out of many strategies I implement to stay ahead of the retail crowd.

I've automated the strategy for backtesting purposes to demonstrate it works as shown in down here.

Full report on Substack: https://t.co/H1w9ygyyBB

[Royal Trades @HowRoyalTrades]

The strategy is not perfect and it seems I've made some mistakes in the code, so I will also be fixing it up and seeing if the results will get better as some positions are not taken despite being in the strategy rulebook

[Royal Trades @HowRoyalTrades]

I've made a first strategy report one out of many strategies I implement to stay ahead of the retail crowd.

I've automated the strategy for backtesting purposes to demonstrate it works as shown in down here.

Full report on Substack: https://t.co/H1w9ygyyBB