All we need now is a negative catalyst... everyone seems excited about this new vaccine..hmmmm lets see how this plays out... currently waiting for price to speak to me before i make any move... trade safe!!
Trading is boring... but i guess sitting on your hands is the best way to make money cos i have sure had a taste of not being patient. the end results is very bitter and painful. lets wait patiently and see what this index has going forward
Election is clear 100 billion stimulus in Australia price above key level excepting more risk on on multiple assets such as dow, nzd aud eur. lets see how this will build up in coming days. Risk still capped under 1% considering theres room for extra volatility. Lets GOO!!!!
First set up of the week. lets see how this plays out
all setups are currently waiting for confluences to be met before execution
Dow has been very good to me over the past few weeks with all predictions playing out perfectly ( please kindly check my previous posts).... Currently have some states stacked up against dow with stimulus however elections is the big question.. we will how ever be monitoring this index carefuly for more down side. risk will be capped at 0.25 on this simply...
With dollar picking up steam due to current covid cases, the safe haven currency is in high demand as traders both retail and institutions are offloading their core assets and buying the dollar for safety. Emerging markets are also under pressure with ZAR,TRY,MXN,CNH outflows. currently in with a small exposure considering the elections is only next week but i...