WEED STOCK THOUGHTS! HEXO, ACB, APHAHey everyone! Here with a video on some Cannabis Stocks I've been checking out. (THIS VIDEO, HEXO, APHA, ACB)
Day time frame: Most of the cannabis stocks are looking very similar.
-completed Market Cycle
-Down 80-100%
-lower MA's have crossed north, or are close to crossing 200MA in Bullish form
IMO these are looking like great places to invest if you wish to do so. I am no financial advisor, just a trader sharing my thoughts and ideas!
PLEASE LIKE COMMENT AND FOLLOW!
AND REMEMBER, DON'T CHASE IT, RETRACE IT!
Economic Cycles
Bullish BTC and ETH but ETH is better here is whyHello All,
Just wanted to share my thoughts and help take some of the fear out of the markets. We should expect things to trade in there normal business cycles and I think BTC and ETH are trading very reliably right now. I believe in the long run that ETH will out perform BTC in terms of multiple gains from here to the end of the cycle and now is a great time to get into ETH if you don't own any. Buy low sell high!
Hope you all have a great day!
DEC 20 GOLD: Entering weekly resistance zoneWhat is up trading family,
Comin back at you with my December 20th , 2020 analysis on XAU USD.
This week we are watching for the market's reaction to the vaccine rollouts as well as congress approving a stimulus package, in relation to the resistance zone we are nearing on the weekly timeframe. We will continue to hold our positions and monitor gold's reaction to this area through the week.
If you have any questions or comments don't hesitate, I love interacting with you guys and hearing your thoughts on the market.
And as usual ... take profits and take it easy -- I'll catch y'all next week.
- Ray
Cycle analysis -- MSFT 260 Target - Jan 2021Continued from my earlier analysis, here is a video with a slightly updated view if MSFT does rally towards the 225-230 range in coming few days. I don't expect the big move to come this month though, I am anticipating the all time highs towards Jan 2021 at this stage.
Good luck!
Recency Bias With Streaks and Occurrence FrequencyIn this video idea, I discuss the idea of how to check for bias in recent events in an indicator by requiring that X of the last Y candles meet a certain condition.
It is common to refer to recency bias as something that can skew your view on things based on recent events. In this case, I am referring to applying a bias to our indicator based on recent events.
I show you how I go about checking for occurrence frequency to require that X of Y candles are red in this example. Specifically, we check for at least 3 red candles in the last 4 or 5 candles.
By using float values to represent true or false with a 1 or 0 we can easily sum the values of the 1 or 0 on our conditions for the last Y candles. Once we get the occurrence account we can compare the occurrence that actually occurred to the number we actually required on X.
We take this a step farther and show how this might be used by requiring another condition to be true on the current candle as well and plot to share when this next condition is true or false (1:0) as well.
I Was Right...But At The Wrong TIME! - 05/14/20 RECAPHi traders,
What a day! I took a record of 7 trades (my average is about 3) and all of them were beautiful setups. But most of the time the market went immediately against me and pushed the stocks I traded the other way!
Key point here is not to give in and blame the market - it doesn't care at all and you can't sue it :D
Reduce the size so you don't exceed your maximal daily loss but stay in the game if you are mentally in a good state (for beginners I'd suggest switching to DEMO after 2 consecutive losses, though!).
Yes, being down for the week again sucks, but thanks to good risk management it's just over 1 percent - a single winning trade away from turning green. This is why RM is your priority. It's much harder, if not almost impossible digging yourself up from 10, 20 or 30% Drawdown
My Trades:
1) CODX - LONG @28.39, -0.95%
2) Z - LONG @46.53, +1.18%
3) MRNA - SHORT @61.95, -0.75%
4) AMD - LONG @53.03, -0.93%
5) UNFI - SHORT @18.89, -0.04%
6) DDOG - SHORT @62.78, -1.08%
7) SYF - LONG @17.02, -0.65%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: -3.22%
Total PnL for the week: -1.37%
Good trades,
Tom | FINEIGHT
DXY, SPX: Hang on Fed & GeopoliticsIn today's #marketinsights video recording I analyse DXY and SXP!
Equities look bullish and the US index bearish, from a technical perspective. On the (geo)-political front their prices are and could remain being affected by:
- A somewhat dovish?! Fed
- BoE and Brexit (BoJo visits EU today for talks!)
- SA attack and expectations on reduced oil production
- Weakening Chinese data
- US-Sino tradewar optimism
On the other hand, don't forget that policy-pessimism is going to matter most?!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
EUR,USD,JPY Go Nuts After ECB! Fed, BoJ Expectations More DovishIn today's #marketinsights video recording I analyse EURUSD and USDJPY!
Euro, dragged lower by the reinstation of the QE programme, was able to reverse post-ECB losses on the back of:
- Limited rate cut compared to markets expectations (only 10 basis points)
- Draghi's call on governments for fiscal stimulus (supporting EA economies?)
- Widening yield differential against the dollar (ECB can't move lower, Fed can)
- Expectations that the Fed will cut next week (a weaker dollar)
On the other hand, the yen was also negatively affected by ECB's decision to ease. But with an ultraloose policy in the books for quite a number of years now anyway, easing would be worst in Japan rather than in the US. Hence the bullishness in USDJPY!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
EURJPY, USDMXN: FX Minor Pairs Affected By Policy ExpectationsIn today's #marketinsights video recording I analyse EURJPY and USDMXN!
Euro, although affected by expectations that ECB will not only cut but probably also QE, is trading relatively firm against a weaker yen. BoJ's ease seems to be taken to heart compared to ECB's as Japan is ultraloose already!
The Mexican Peso, on the other hand, seems affected by expectations the Fed's hiking cycle has now turned dovish, with FOMC expected to cut again next week!?
Economic data that affected Yen, Dollar and Mexican Peso -* Euro is affected by ECB policy expectations:
- JPY Core Machinery Orders m/m -6.6% vs -1.9%
- USD PPI m/m 0.1% vs 0.2%
- MXN Industrial Production n.s.a. y/y -1.7% vs -2.7%
Politics:
- China offers olive branch t US by reducing tariffs on certain US products
- Trump talks with the Iranian president to arrange a meeting
Monetary Policy:
- Markets expect ECB to cut, but not sure on QE yet. With QE we'll see double-whammy
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
XAUUSD, USOIL: GOLD Sinks, WTI Mixed!I have been bullish on Gold but the current structure is not yet clear. We could see a wave 2 completion and then go for wave 3, or that was it - the multiyear record high ended with a B correction neat $1560 and we now expect wave C to take place. I lean towards the formed scenario. What's your take?
Geo-Politics likely to positively affect gold:
- US-Sino trade talks
- Hong Kong unrest
- North Korea missile test
- US-Iran tensions
Geo-Politics and Economics likely to affect oil:
- OPEC-led cuts
- API and EIA
- John Bolton departure
- US-Iran tensions
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
Markets Positive on ECB, BrexitIn today’s #marketinsights video recording I analyse EURUSD, GBPUSD, and USDJPY as FX majors seem supported not only by politics but also by economic data and fresh policy sentiment.
Economic data:
- German Exports delivered a positive balance (0.7% vs -0.1%)
- UK's GDP reported better than expected numbers (0.3% vs 0% m/m)
- US Consumer Borrowing in the US rose unexpectedly (23.3B vs 16.2B)
Politics:
- UK PM fails yet again to call on a snap election
Monetary Policy:
- Markets expect ECB to be less dovish
Stavros Tousios
Head of Investment Research
Orbex
AUDUSD - How i traded it into the FED Rate and managed my risk.Hello All
I thought i would post a video of how i completed my analysis and entered 6 trades in total for AUDUSD.
All with different lot sizes dependant on approach and also how I managed my risk going into the FED news, and how with 6 trades triggering at different times (risking 1% of my capital for each trade) - I only had 3% at risk at anyone time which I have now reduced to just 1.5%.
Thanks for your time in watching my video, i hope you find it interesting.
Duncanforex.com is coming in the next 10 days.
If you want to, you can go to the website now and register your interest and also be eligible to obtain discount vouchers for the training course once the site is live.
Thanks
Duncan