TradingwDavid

TradingwDavid

It is only a day away from the start of the central bankers' symposium on Thursday in Jackson Hole, Wyoming. Jerome Powell has already been making it clear to the markets for several days that the Federal Reserve's stimulus plan is coming to an end. Stop with the ultra-accommodating policy, zero-cost money and massive purchases of government bonds (120 billion a...

TradingwDavid

One currency pair that I find particularly interesting is Aud-Nzd. I state that all my analysis focuses on the Covid-19. Above, you can see the chart with the most significant levels drawn. At the Reserve Bank of New Zealand's last meeting on 18 August, the Governor stated that the " decision was made in the context of the Government's imposition of Level 4 COVID...

TradingwDavid

In this article, I show you my way of working in Forex, starting with the choice of the currency pair, passing through all aspects of the operation (position size, maximum loss, etc.), until the analysis of the currency pair and the strategy to be adopted (entry-level, stop-loss and target). Looking at the table of currency pairs I follow, the one that caught my...

TradingwDavid

Above, in black the rate differential UK 10-Year Bond Yield-US 10-Year Bond Yield, in orange Gbp-Usd. The two charts should move in tandem, but this is not always the case. It is also true that this is not a normal period, Covid-19 has been negatively affecting the world economy for a year. However, the two charts will move back in tandem, sooner or later. Below,...

TradingwDavid

It was a long wait, but it paid off; it almost seemed as if the speculation did not want to end. One quality a trader must have is patience, more so than a fisherman. The next sensitive levels of Aud-Usd: 0.77500, 0.75850/0.76200 area, 0.74300, 0.73600, 0.72800. Medium-term target the return of the currency pair below 0.71800.

TradingwDavid

My strategy with harmonic patterns on Eur-Usd. Breakout of the trendline but 1.21600/1.21700 area is a resistance zone. Target in 1.23040/1.23200 area, stop loss at 1.20100 (R/R 1:1).

TradingwDavid

A brief analysis of EUR-USD to understand the situation we are experiencing. Above, you can see the chart with highlighted the "sensitive" levels/zones of the currency pair. What appears graphically is a distribution phase, after the rise from mid-May to the end of August. This is what the Euro COT report also shows. In fact, during the lateralization phase of...

TradingwDavid

This chart shows the situation of Aud-Usd. Possible in the next days a drop of the currency pair with the first target at 0,71600 and, then, the pullback on the resistance of the bearish channel. There are other fundamental considerations (that I don't feature here) that give me a bearish view on the currency pair. Highlighted in the chart the "sensitive"...

TradingwDavid

From the Gold daily chart, the price, after the breakout of the triangle pattern, came back to retest the bullish support trendline, by missing, for the moment, to close the pullback on the bearish resistance trendline. From here, it could restart to rise towards new highs.

TradingwDavid

Eur-Chf is breaking the bearish resistance trendline started from the highs of mid-April 2018. If that will be confirmed by the weekly close, it will give a bullish signal for the currency pair.

TradingwDavid

WTI crude oil, the spring is wound (very low volatility in latter days), soon the price will shoot upwards

TradingwDavid

I want to dedicate this Sunday to analysing Eur-Usd in a wider way than the simple chart. Although, just the chart is my starting point. Since Mario Draghi started the Quantitative Easing program, 1,13500 has been a level, or rather, a very important resistance for the currency pair; as highlighted (black line) in the weekly chart. For years, whenever Eur-Usd...

TradingwDavid

A bullish pattern, a cup and handle, is formed on the Sugar daily chart. Important will be a close above $ 12.30. The first target in the area $ 13.35-13.60, the second one in the area $ 14.40-14.85. The fundamental analysis agrees with the pattern.

TradingwDavid

Two possible graphical scenarios for Gold. They are only on a graphic level, without considering anything else.

TradingwDavid

What I will explain to you today is exactly how you should trade the Forex market and that few traders do. What I am going to tell you has great value. You will hardly find that information in other videos or courses, and surely not for free. It comes from over 25 years of experience in financial markets, even as a fund manager. I tell you immediately that if...

TradingwDavid

I draw inspiration from a brief analysis of AUD-USD to make some considerations on the moment we are living. In recent weeks the world economy has been in difficulty because of Covid-19, however, from a rapid comparison of the data, we can see how the Australian economy has strengthened over the American one since the beginning of the year. Under normal...

TradingwDavid

In the previous collapse of the S&P 500, after the closing of some carry trade operations, investors preferred to buy the US dollar, which strengthened against all other currencies. Now, if there is a new bearish phase for the American stock market, we will most likely witness the simultaneous strengthening of USD. In this case, EUR-USD, whose price seems to have...

TradingwDavid

Take it for what it is, a strategy based only on the chart.