Hey Everybody, Alex Here!
As you can see I'm currently eyeing a nice long set up on GBPNZD. I know everybody is bearish (bad) on the GBP at the moment due to all the discord concerning the Brexit talks currently taking place in Brussels. Even thought the overall sentiment towards the GBP is bearish (bad) and this trade is favouring GBP strength over the NZD, the...
Hey guys Alex here!
Apologies for the terrible mic quality and even worse commentating (ahah), but I hope you still got my overall point.
Theres currently a lot of uncertainty in the US; *cough* Trump *cough*, and in times of relative uncertainty we often see a safe haven currency like the JPY gain some strength, as I'm sure you could see for the past 2 weeks...
As last week ends another week begins which is the perfect time to give you my thoughts on bitcoin and what I am waiting for. I am still very much being careful here and waiting for the confirmation, I am certainly not bullish yet but there are some positive signs. What do you thinks, are we moving higher or lower?
As much as I would really love a great trade on bitcoin now it's not where the trading activity has been for me and my clients of late. In this video I take you through a few charts I am stalking and have been trading the last few days.
Bitcoin remains in it's $300 range on the mid time frames. I am patiently waiting to see if we break down to offer an entry on the higher time frames over the coming days or we push up and may provide some shorter time frame opportunities. I also throw in at the end a chart I am stalking closely for a breakout.
Welcome to my new "series" I'm calling this The Trend.
I intend to make a video a day for this series helping our traders keep up with the current state of crypto, and what we need to be prepared for that day. If you like the idea of this channel, please leave me a comment to let me know!
I intend on having a second series as well -- which will be geared...