ECONOMIC UNITED STATES GDP compared with Other NationsThis chart illustrates the GNP of the USA compared with others over a period
of several decades. The USA is on a much slower trajectory of growth than
all the other countries on the chart except Russia and Ukraine. This
includes the Eurozone, China, India, Mexico, and others. This trend
has been in place for decades. It makes for a poor prognosis for
the future of the US economically, no matter how much our politicians
and other influencers try to hide this.
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Backtesting Became Cool Again!Hello traders
Hope you're all doing fantastic
I learned a few weeks ago that TradingView released a CSV Export feature. Basically, you can export any indicator outputs/plots and get the data in your favorite Excel/Google Sheet/Open office, etc.
Using that software is relatively easy and learning how to construct pivot tables/charts will expand your analytics beyond the realm of what you thought was even possible... #way #too bold #statement
In that video:
I exported the data provided by Backtest Premium Suite in Google Sheet
In Google Sheet, I built a pivot table and a few pivot charts (requires a few clicks only)
Allows me to get insightful analytics and understand better where I can improve (how much opportunity do I capture? for which risk? are my winners increasing faster than my losers are decreasing?...)
Thank you TradingView for enabling this feature.
All the BEST
Dave
What is going on Eur/Usd ?What is going on Eur/Usd ? So the price is undergoing a very short-term rebound. This allowed the price to return in the 1.12 area. In fact, after entering short about a month ago and reaching the first target in the area of 1,112 (as indicated in the previous analysis), the price returned again near the previous entry point.
Technically, the trend still remains bearish on the main TFs, with the price still below all the main EMA and key static resistances. To reverse the trend in the very short/short period, the price should break the weekly dynamic resistance identified by EMA20 and passer for the 1,126. To reverse it in the short / medium term, the price should even violate upwards the dynamic resistance identified by the EMA200 and passing through the 1.16.
The technical analysis is strongly supported by the fundamental scenario. During the week Draghi will speak, declaring the monetary policy that the ECB will adopt in the short term. Which should not surprise analysts and investors, who still expect a strongly expansive policy. This could devaluing the euro, which should loss against the other majors. We expect that this downtrend will start again.
So because of what is going on Eur/Usd the first target remains the support area at 1.112; the last target we expect the area located at 1.08.
Bearish Fundamental for SoybeansLong-term fundamental is bearish . US has big soybeans 0.23% stocks , export is falling. Harvest in Brazil and potentially big crop in South America adds bearish sentiment. Weekly chart shows rejection of VAH, price moves down inside balance, so I'm waiting the continuation of price falling.