Keeping an eye on the relationship between the Gold Futures and the US 10 Year Yields.
Currently, the yields are coming off their highs, but the Gold hasn't reacted yet. If we get a breakdown in the US dollar, that will be the catalyst I am sure and currently, the US dollar index is finding resistance from old support.
Jobs data was good today, but there is a...
Hello guys, the STRAX looks very promising for investing in for a long time (not less than a year)
as the Fibonacci pattern and the golden ratio, it's the best time to buy strax.
please trade safly guys.
Hope you all get reach one day.
Statistics (all ranges in percentages)
EURUSD from Jan 2001 to Dec 2020
AUDJPY Apr 2003 to Mar 2021
USDCAD from Jan 2001 to Dec 2020
EURGBP from Jan 2001 to Dec 2020
Summary
January, May, September, October have the largest OC ranges;
February, June, July, August, have the smallest ones;
January, March, October, November have the largest...
This looks like a
retest of the
1.32-1.5 bottom
range we saw from
2012-2016
usual we test a old low as a new high.
I am not saying we cant go higher we can but we could also go sideways for years
but
I hope we head back down to new lowers lows, why would i hope for such a bad thing?
I have my reasons.
Not financial advice.
This is my personal trading...
RSI overbought
and I think 10 year bond is in a cup and handle formation.
I see a crash or big correction in 6-10 months in the stock market.
Conclusion is that short on bond and still bullish in the stock market and I think we will push back to higher level in short time in stock market.
Calling longs ahead of NFP tomorrow. Pretty controversial for the retail industry, but my mind works different... And I have a diff edge in this market. Don't trust me? Im I a crazy as* mf ? Maybe ... But if you want to win im urging you to go long... IF you want to get wacked keep selling your trend based on your shitty mainstream information. Anyways good Luck....
a large breakout of the VWAP indicator with a strong green candle and a wicked low plus the breakout of the trading range with a large candle that is higher than the other candles this means that the buyers have entered this market and the start bullish trend.
signal buy .
Remember what happened earlier...
1. We have been continuously defending 7200 pivot,
and all the shorters in the world couldn't bring us down to 7100!
2. All previous bearish moves, all consisted out of typical correction forms
which proves that bears finally lost their power.
Bitcoin is now considered cheap if it is sold at 7200.
3. We have been experiencing a...
