In this analysis we see how the DXY index is in a downtrend, NFP numbers will be published tomorrow and like all recent economic data, they can be a disaster, the perception of the dollar may weaken, although the demand is considered "safe money" (hahahahahahahhahaa) it can continue to be valued, only having to consider the different aspects.
No one trade is safe...
In the middle of a short idea that I published a couple of weeks ago, we see the nasdaq with a bull run, with money printed from the FED, any problem the FED prints money and Problem solved? I don't think so, at some point that won't be more sustainable, but what does it matter?
The united states is now the coronavirus hot spot
US- Current infected 159,689
The setback and the accumulation of orders is very interesting, we enter in risk-off mode and the gold will return to its normal values, China will buy less gold which will reduce demand and prices will tend to fall
with low risk and big potential, exactly what i like.
Set on chart
Real trading is more than trying to win all trades, or having perfect trades.
Being profitable in trading is a puzzle and as long as it is not complete it cannot be profitable constantly, everyone builds their own puzzle.
This puzzle in my perspective has these pieces and more
-Good technical analysis
-Operating understanding (how numbers work in trading, why...
I was looking for a signal to go shopping and yesterday I read an article where eur will give aid to improve its economy which can boost a setback, with all the problems that the pound can face and seeing my other GBPUSD trade, I placed a position, buying euros agains the pounds with a beautiful winratio.
2 Months low
can improve the EUR