MrRenev

Broad market analysis FX Indices Commodities Crypto. 09 May 2019

Short
MrRenev Updated   
TVC:SPX   S&P 500 Index
I was thinking... They say "be specialized in only 1 market", but how does that work? Everything matters and there are correlations everywhere. Be specialized in 1 strategy sure, but what better way to do this than have a global view on everything?
I like it this way. People that only focus on 2 - 3 symbols can look at everything but really go in detail with their 2-3, but why not go all the way. And specialized in 1-2 strategies.

- Indices -

Moderators of the SnP & DowJones pump and dump group (Trump Powell & XiTrolliPing) have reached their target & now sent a sell signal.
Of course, they have not told anyone their target. Several people have asked Trump on twitter to just tweet his target, but he is not going to.
Investors should not panic, but I would definitely call it time to be preparing to panic.

- FX Majors -

The Yen has started rallying. Something is happening!

USDCHF rally is over. Sucker's rally. Watching for bear break then buying the bear sucker rally.

USDMXN to the MOON! Waiting a pullbacl to buy.

EURJPY bearish

- Commodities -

Gold either is consolidating or made a higher low? Nothing to do.

Oil tightening, waiting for that bear break soon, and buying at the target pattern more or less.

Soybean futures I bought that multi year low. We shall see. I am thinking it's 50/50 odds but RR is between 1.5 and 2.

Copper made a lower low. Might "capitulate" soon. Waiting on that full (bull trend) retrace.

- Crypto -

Bitcoin wow what a great transition. It has not reached resistance yet but it is close. Maybe overcut a little...
Posted an idea about scaling in early because crypto traders take profit early. Will they now overcut the overcut?

Alts... They are all consolidating (well not all thousands of them but in general). Not interested.

- FX Minors -

Nothing very interesting and there is already alot going on elsewhere.
Got stopped on GBPAUD but it is trolling me hehe. Might re-enter...


Summary: MY HEART! EVERYTHING IS MOVING AT THE SAME TIME. TRUMP PONZI STOPPED GOING UP TRADE WARS UNCERTAINTY STOPPED. SO INVESTORS ARE MOVING MONEY NOW.
To watch:
All Indices
Yen (USDJPY bearish)
USDCHF possible bear break
USDMXN TO THE MOON
EURJPY bear trend
Gold & Oil & Copper there is time.
Soybeans entered the trade, hope it bounces now :p
Bitcoin short, might as well overcut that resistance. I think 6300 is good.
GBPAUD re-buy, re get rekt.

Comment:
The dow was really the better choice to short.
S&P price goes up too easilly.
Probably because it is a crowd favorite and lots of amateurs are buying it without a clue about its constituants.

Trade active:
Entering GBPAUD again. Plz no rekt again.
Comment:
Good.
Good.
Snp taking a nose dive after breaking new lows

Good. Good.

GBPAUD and Soybeans bottoming slowly bouncing, for now. Good. Good.

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