Denmark recently announced that the country would mostly shut down due to the quick spread of the coronavirus.
On a weekly chart, the VIX Volatility Index has surpassed the dotcom crash of 2000 and will in the next week probably surpass 2007/8. Contrary to what Marketwatch.com says, it is not yet higher than in 2008. But it soon will be. Extreme fear is gripping the markets. We shall survive, well probably 95% of us. Deepest respect and prayers go out to anyone...
The EURUSD pair is getting hammered by too many shorts by retail traders; in fact, 70% of retail traders are shorting EURUSD. According to the crowd theory : (the crowd is always wrong) And powered by the rising money flow to the EUR we conclude that the price will go up a bit (60-100 pips) The last downward movement was characterized by a “surge” in retail...
Hey there, a CUP & HANDLE is forming up, which could lead GOLD into a downtrend (since the CUP formed already). If you are new to this, feel free to check out my Videos and charts about Cup $ Handle, which are explanationary and educating. In addition to the overall fear and uncertainity in the markets, especially with an eye on corona virus, people are...
Sadly i have to say, u maybe know why this gonna happen...I cant talk too much here. Stay tuned..
Last time I covered the S&P we had just agreed to a phase one trade deal after having the prime rate cut 3 times and pumping out $60Billion of new USD every month over the last quarter. I was long all the way to top of the 10 year ascending channel, all the conditions were perfect for a great run for 2020. Then the onset of this Corona Virus showed us just how...
Hi, traders. My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances...
it could retest the falling wedge
For a bounce out of this hole BTC finds itself in, it will need to rest on a stronger support. A further dip before it rises back to previous high levels is the reasonable expectation. But crypto isn't reasonable. Don't count on it. Not financial advice. Lose money by your own ideas, not mine.
Welcome to my Analysis of the S&P 500. First of all, I want to clear some misunderstandings of why it didn't crash at the beginning and why this crash is linked to the coronavirus. The coronavirus started spreading in China, the biggest source of our supply. Since the spreading was so rapidly, they needed to quarantine and stop production which cuts our supply...
Can´t believe we are lucky enough to get the bull juice for a discounted price. Gold is being very generous to us. I will buy every dollar below 1570 for 1750 & 1790 - SL 1545.