Hey tradomaniacs,
The market is really choppy looking at equities. It looks like the tec-hype is currently over as we see a suffering Nasdaq, while indicies with a worse performance last year are rising (DAX30).
This is causing a mixed cashflow and so a little bit of chaotic forex-market, which is testing our patience.
I`m currently looking for CHF-Trades as there is still much uncertainy in the market which is likely to look for safe havens such as Bonds, JPY and CHF.
Since YIELDS continue to rise, a BOND-DEAL is still very risky as new distributed bonds are providing more profits with rising yields, which is by the way why we have this inverted correlation.
JPY and GOLD/SILVER are bad alternatives to bond as there are suffering due to the rising yields. A good alternative would be CHF and I expect it to move up soon if uncertainy continues.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
The market is really choppy looking at equities. It looks like the tec-hype is currently over as we see a suffering Nasdaq, while indicies with a worse performance last year are rising (DAX30).
This is causing a mixed cashflow and so a little bit of chaotic forex-market, which is testing our patience.
I`m currently looking for CHF-Trades as there is still much uncertainy in the market which is likely to look for safe havens such as Bonds, JPY and CHF.
Since YIELDS continue to rise, a BOND-DEAL is still very risky as new distributed bonds are providing more profits with rising yields, which is by the way why we have this inverted correlation.
JPY and GOLD/SILVER are bad alternatives to bond as there are suffering due to the rising yields. A good alternative would be CHF and I expect it to move up soon if uncertainy continues.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me