<p>There was as soon as a time when the one individuals who had been in a position to commerce actively within the inventory market had been these working for giant monetary establishments, brokerages, and buying and selling homes. However, with the rise of the web and on-line buying and selling homes, brokers have made it […]
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EURBGP – Forecast Correct – 50pips so far –TRADING WITH WEIS WAVE WITH SPEED INDEX
<p>Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Story: Continuation from previous post https://www.mql5.com/en/blogs/post/737023 Looking at the range we had another Plutus Reversal Long with SI ratio 18.3/8.8= 2.07 The longs
GBPCAD WEAKNESS 130 pips-TRADING WITH WEIS WAVE WITH SPEED INDEX
<p>Setup : 4Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Story: This is a continuation of my previous post https://www.mql5.com/en/blogs/post/737068 Forecasted correctly, these high SIs were weakness and went down 130 pips , I closed
New Article – Various Risks in Trading and Investment
<p>New Article – Various Risks in Trading and Investment Trading and investment carry risk. The opportunities in trading and investment without risk rarely exits except some arbitrage opportunities, which will not be discussed in this book. In theory, you could develop several classes of risks for trading and investment. For example, risk in
(04 JUNE 2020)DAILY MARKET BRIEF 2:Rising doubts on OPEC
<p>In the currency markets, the US dollar is better bid against its major counterparts. The latest US dollar rebound is more of a correction of past week’s sharp losses than a trade for safety. The EURUSD consolidates gains above the 1.12 mark after having rallied above its 100-week moving average (1.1220) on cheaper dollar and […]
(04 JUNE 2020)DAILY MARKET BRIEF 1:Profit taking on softer risk appetite.
<p>Tensions between the US and China escalate as China blocks American shippers from reentering China and Donald Trump suspends Chinese airline passenger flights to the US. The UK on the other hand announced it will welcome three million Hong Kong residents that have seen their rights and freedoms smashed by the new national security law. [&h
(04 JUNE 2020)Crude Oil (WTI) Intraday support around 36.10.
<p>Pivot</p> <p> (invalidation): 36.10 Our preference</p> <p>Long positions above 36.10 with targets at 37.65 & 38.15 in extension.</p> <p>Alternative scenario</p> <p>Below 36.10 look for further downside with 35.30 & 34.60 as targets.</p>
(04 JUNE 2020)Silver spot ($) Under pressure.
<p>Pivot</p> <p> (invalidation): 17.7800 Our preference</p> <p>Short positions below 17.7800 with targets at 17.4400 & 17.2400 in extension.</p> <p>Alternative scenario</p> <p>Above 17.7800 look for further upside with 17.9900 & 18.1000 as targets.</p>
(04 JUNE 2020)Gold spot ($) Key resistance at 1712.00.
<p>Pivot</p> <p> (invalidation): 1712.00 Our preference</p> <p>Short positions below 1712.00 with targets at 1687.00 & 1679.00 in extension.</p> <p>Alternative scenario</p> <p>Above 1712.00 look for further upside with 1719.00 & 1726.00 as targets.</p>
(04 JUNE 2020)S&P 500 Further advance.
<p>Pivot</p> <p> (invalidation): 3081.00 Our preference</p> <p>Long positions above 3081.00 with targets at 3145.00 & 3183.00 in extension.</p> <p>Alternative scenario</p> <p>Below 3081.00 look for further downside with 3030.00 & 3000.00 as targets.</p>