In this video we address potential market outcomes of the current scandal engulfing Boris Johnson's leadership. We see 3 potential outcomes, I've listed them briefly below and fully explained them in the video. Option 1 - Boris Johnson resigns quickly and Rishi Sunak becomes the new prime minister. This would be positive for the GBP Option 2 - We see a messy...
$DG has generated alot of cash for me and for options contract buyers its a great long exp buy. Obviously Equity buyers included in this. Right now we are sitting at a major resistance , and if we break my first PT would be $225.35. After that we are working through ATMs but thats how stocks work at ATM. you never know. One thing to watch is $SPY . $DG moves along...
The Market is at a pivotal moment where we could see significant downside, or possible upside. Ill be waiting to see how the market reacts to the election when futures open up Sunday night. At the moment we are up against a large resistance on the daily and if rejected due to a news type catalyst, hold on to your ass cause we are gonna find suport and quick, but I...
USD/JPY: • I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price impulses back up above our lower trend line and a tight flag follows then I'll be looking to get long on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets...
Just going over our AAPL trade and why we took it. If you have a ticker request and would like me to chart one for for you let me know
Hi Guys - Don't use this as trading advice. This is only my opinion
Hi Guys - Do not take this as trading advice, Its only my thoughts on the market and what I see pre-results for the elections. Remember to follow me if you like the content Cheers
As forecast the market and volatility has been coiling all week and likely into next week too with the election the week after that, I exited 2 pairs trades and put on 1 new pairs trade, long $VGT vs short $FDN. Highly likely I won't enter any new trades next week and flatten the portfolio before next weekend. Jared
Hey guys, we had a nice uptick in volatility today with the VIX climbing to 29.2, with that I put on 3 new pairs trades. Long $TJX / Short $LOW - Long $AVB / Short $IYR - Long $BOX / Short $DBX. I still have 3 other open pairs trades. Barring any unexpected event I think volatility could stay tame up until the election in 2 weeks then we could see some massive...
Based on Elliot wave theory, the ENTIRE market is nearing its completion of the 3rd wave. This coincidentally will happen just as the IWM is completing its full 100% retrace from lows which also follows elliot wave rules. The range to look for is $360-$365 with the mean target being $362. Everyone knows the entire market is beyond parabolic and way overvalued....
In today's #marketinsights video recording I analyse #GBPUSD and #EURUSD #FXMajors! GBPUSD Dragged down by: - BoJo push for an early election on December 12 - Increasing likelihood of October exit failure EURUSD Under Pressure as: - ECB reiterates downside risk, stubbornly low inflation - Draghi hints to fiscal policy measures Stavros Tousios Head of...