Still good for another short, on this sideway 'no demand' correction. Fundamental insight: Still on the same lanscape, into another guidance from fomc for moving into tightening policies. Price stall and not continue grinding up can tell that it is more about profit taking other than bull side dip buyer for now. We will take profit when necessary and probably...
DXY is rising, and seems 10y yield is going to catch up. Not very ideal but the R:R is good.
Fundamental/Sentiment Insight: Nothing change fundamentally as ECB confirm that they will be more less aggressive than Fed. USD will be strong across the board into the first Rate hike in March. (as per latest official comment) Big change that ECB will not hike the rate this year. So we are still on strong bearish bias on EUR and Strong bullish on USD....
Some break on cyptocurrencies on Sunday. Mometum for going into another lower low.
USDZAR is currently very cheap for the long term, with a large upside potential. Meanwhile on fundamental side, FED’S KASHKARI: The most dovish Fed official commenting on how persistent not 'transitory' the inflation is. This is boosting the hike expectation. USD probably will be strong from here.
Since January they all fall in sync as the Fed start to shift into tightening mode of policies.
Since January, the synchronized diving dance on BTC and NASDAQ is gettin more and more compact in tandem. The name of the tandem is "overvalued asset class". Good R:R trade, after took the discipline loss yesterday.
Still the same reason (Fundamental & Sentiment) as the yesterday good trade. Try another tight SL short. Beware that there will be Yellen Speak soon.
Sentiment/Fundamental insight: German Producer Prices Rise 24.2% Y/Y Strongest YoY Increase Since The Survey Began In 1949 ECB’s Lagarde: No Reasons For Us To Act In The Same Way As The U.S. Federal Reserve ECB’s De Cos: No Interest Rate Increase Expected In 2022 | Speaking on Spanish TV Risk-off market will keep CHF as save heaven currency strong We...
The same texture of market still happen, nothing change much. We are still in favor of shorting Indeces.
Spikes up for distributing another short for a new low. Bounce right on VWAP with high volume.
The Nasdaq and BTC in very positive correlation since January. They both fall together like a double knife. Bloodbath!!
The 'Why' Insight: The other way to keep your money is to put it in a savings account or into bonds that aren't very risky and will pay you interest. People who invest in gold lose money when interest rates go up because the yields on savings accounts and bonds also go up, which makes gold less appealing as a long-term investment. It is very important to look at...
Nothing is change fundamentally, just another dip buyer correction a.k.a death cat bounce. Bloodbath will continue.
We have UK inflation 20 years record on London session release. And safe heaven currency is weak today. Good momentum for long.
Another short opportunity. With the UK inflation is on 20 years record just released. This is very great opportunity. good R:R. Target on the support.
The sentiment and fundamental landscape still supporting the Gold short. Another good short on correction.. the most important thing. Hard SL and good R:R.
Very strong USD today, asset classes gettin dump including bitcoin. Very down trend after H&S accumulation. Adding another short on BTCUSD.