Looking for consolidation in the markets with the possibility of another correction. Dollar is trending short and will continue to do so unless we get a market correction. US China relationship in focus (Hong Kong) and potential for second wave Covid 19 Please remember to share, like or follow if you find this useful. Steve Nixon
I believe so! But stay tuned my friends! Hope you enjoyed the extending breakdown on the trend line. Let me know what more you would like to see. I'm branching out to new markets now. OANDA:EURUSD I upload signals almost everyday, If you want to get daily signals remember to FOLLOW and turn your NOTIFICATIONS ON! 🤗 You can always show your support by liking,...
Watch out for that upcoming short on SAXO:AUDJPY as prices have rallied on May on optimism of finding a vaccine for the virus and many countries have opened up, Still a high risk looming as we are in a kind of a recession and economy is still slow, yet we are back to the January lows when things escalated. Levels of interest are marked. Follow for more...
Have a great day all
Looks like a risk off day in the markets which may give us long entry opportunities next week. The dollar may be breaking out of it's horizontal range so any bearish correction on Dxy could offer up short trade opportunities on the majors next week (short dollar so make sure you trade in the right direction)
Hi traders, it's typically like a holiday for us traders when the market (SPY) moves strongly to one side as it did after Wednesday's open. But in current uncertain times (see my vid. "Indices Will Start Falling When...") you can never be sure of the genuity of such move. We saw exactly that yesterday. A V-shaped reversal and straight back up, ending the day...
Markets continuing to push up - US legislating for more trade sanctions on China, let's see how that works out.
Hi Traders, we have very interesting situation on daily chart, if that was classical stop hunt bulls got big chance All details with entry, stop and first target recorded. Enjoy!