The term "petrodollar" refers to the value of oil bought with U.S. dollars. This concept was founded in 1974 when Saudi Arabia and the United States made an agreement to price Saudi oil exports exclusively in U.S. dollars. This arrangement had significant effects on the global economy and politics. This system increased the global demand for U.S. dollars....
I got questions from people if they can buy 2222 or no, My answer is don't buy it, and if you have any position you're holding just close it since the stock is still pushing downwards and there's no indication now to buy. You can notice on the volume that the sellin power is still high so there's no point of buying now. For further question or suggestions for...
Marhaba Saudi Arabia stocks were lower after the close on Sunday, as losses in the Cement, Hotels & Tourism and Energy & Utilities sectors led shares lower. at the close in Saudi Arabia, the Tadawul All Share lost 0.17%.the best performers of the session on the Tadawul All Share were Wafrah for Industry and Development Company SJSC (TADAWUL:2100), which rose 5.74%...
The market forms a double top , I already took that trade to the down side gaining 2000 $ and now i'm entering on another trade to the downside aiming for 2.51 to 1 RR , SL at 198.953 and TP at 197.454
I'm very bullish on BTC , as we see we are on an uptrend , so we are looking to buy BTC , i'm waiting to take a buy position when the trendline is broken and I'm gonna aim for the 73998.06 and stoploss is gonna be in the 67902.47 . i'm not sure about the Stoploss area because i haven't seen the price breaks the trendline yet.
Today I'm sharing with you one of the trades I shared with my private community, As you can see on 2010, we have a pullback with a confirmation on the level 75.9. You can buy now with a TP and SL as sat on the chart. For further questions and stocks to buy don't hesitate to ask!
The 2Yr Yield has cratered since our last post. As has the 10 Yr #yield $TNX. The pattern breaking, whichever direction, will give us an indication of the likelier direction that #equities will go. Is the US #Dollar giving us an idea?!?!?! You'd think CRYPTOCAP:BTC and AMEX:GLD would be moving better with the selloff of $DXY. Saudi watch...
Rising Wedge Pattern formed and Breakout, Bullish Trend Target is 1558. I want to help people to Make Profit all over the World.
Market is coming down and the Target is (1323) 0.5 Fibonacci level and it act as Support. If Break that support, then the Next Target is (1205) 0.6 Fibonacci. I want to help people to Make Profit all over the World.
Here as you can see on 2222, the price is still heading down and for now there's no indication that it will come back up, don't buy it and if you're holding in loss just sell and invest in stocks on which you will make profits. For further questions, don't hesitate to ask!
Last week I posted not to buy 7010 since it is continuing its way down to fill the gaps we have in the market. Now as you can see the market is approaching to the level it will pullback on, and that doesn't mean that it's time to buy since we must wait for some conditions to be met before we decide if we buy or no. For more questions, don't hesitate to ask!
Dear Saudi traders, Last week I posted that you can't buy 1120 since it still going down, and here it is. For now there's no point of buyin 1120, instead, you can check the other markets where you have the opportunity to buy. For further questions don't hesitate to ask!
as you see in the chart everything is clear i hoop to activate the SL NO jokes with STOP LOSE we will change the SL soon when we get some confirmation in the chart. GOOD LUCK & TRADE SAFELY
TADAWUL:2222 gave a high quality signal . In fact it just closed above a decisive area . And so TADAWUL:2222 has a high probability to continue up towards the 45 level . Stay tuned for possible updates . Requests , suggestions and remarks are all welcomed .
On 1120 as you can see on the chart, the market came up to fill the imbalance we had and now it's continuing its way down towards the level 71.2. Don't waste your money on stocks that are obviously going down, there are other stocks in which you still can put your money in and come with profits. The comment section is all yours for further questions!
I got asked too many times about 7010 if there's a possibility to buy it, as I recieved many messages from people who have bought in the wrong timing. As you can see on the chart, the structure of the market shows that it will keep pushing down toward the 34.90 level. which means there's no point of buying it currently and risk your money. Instead you can buy on...
lets take this entry just using market stracture we have the market bullish
Depending on the structure in high temporality but looking at the dollar index I would like to look for purchases up to the area indicated above, leave your operations simple