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Macroecomonics

Oil and world are in danger, a pound in anticipationTraditionally, we start the review with news about the coronavirus epidemic. Once again, we note that the matter is even on its scale - thousands of times more people die from ordinary flu, and hundreds of thousands of times more get sick each year. The point is the problems that this epidemic has on the global economy. A number of key industrial centers in China have been completely or partially idle for the third week. Each such day is further destruction of the global supply chain, and if there are still enough stocks in warehouses, then every day the risk of a shortage of materials to continue the activities of companies becomes higher, as well as the scale of losses. One of the main victims this week maybe oil. We wrote that last week OPEC+ was able to tentatively agree to reduce oil production by another 600K b/d. But yesterday information appeared that Russia could refuse this. And here, even in Libya, the warring parties are close to signing a peace treaty, which is fraught with the return of several hundred thousand barrels per day to the oil market. And all this is happening against the backdrop of a sharp drop in oil demand from China. Not surprisingly, some experts predict an oil drop of at least 10% in the foreseeable future. In general, oil sales this week remain our basic trading idea. Returning to the current figures on the scale of the epidemic, we note that the number of deaths is approaching 1,000, and the number of cases is close to 50,000. Once again, we recall that these are official statistics. The main mass of experts converges in opinion, that the figures are underestimated by several times to several tens of times. In connection with such a development of events, we cannot but recall our recommendation to sell the Russian ruble. The conditions for this are almost ideal, especially when you consider that the Central Bank of the Russian Federation lowered the rate again last week and plans to do this further in 2020. Today, in terms of macroeconomic statistics, it will be interesting primarily for the British pound. Data on GDP and industrial production can trigger a surge in volatility in pound pairs. Given that in recent days, the pound was already under strong downward pressure, weak data will almost certainly trigger a new wave of sales. But at the same time, good numbers can give a start for strengthening the pound - points for its purchases are very attractive. In general, today you can try news trading, with pending orders or enter after the news, playing back a fundamental positive or negative.
Long
by Trade24Fx
US encouraging statistics & China’s data manipulationsThe news that a coronavirus vaccine has been found so far remains more likely to be rumors and expectations. At least if you look at the official statistics on the number of deaths and cases of coronavirus. The number of deaths approaches 500, and those infected 30,000. And we are talking about official data. According to many experts, government figures are underestimated at times. The reason for this is both conscious and deliberate manipulation, and a banal inability to take into account all the dead. And while quarantine in China continues, the violation of global supply chains is becoming more and more noticeable every day, as well as the harm it does to the global economy. Of the other news yesterday, it is worth noting unexpectedly good statistics from the United States. According to ADP, US employment increased by 291K jobs (forecast was + 157K). This is the maximum value since March 2017. Business activity indices were also better than expected. In particular, the ISM Index in the non-manufacturing sector in January reached 55.5 points (the forecast was 55.1). The dollar against the backdrop of such data strengthened across the spectrum of the foreign exchange market. But this growth cannot be called rampant. So we rather see it as an opportunity to enter the counter-positions from the most attractive points. These are the pairs EURUSD, GBPUSD, USDJPY, and USDCAD. But these inputs are with minimal stops, because a) positions against the current movement; b) the current movement has serious fundamental foundations and momentum for further development. Shelter-assets paused yesterday in their fall. We remain of our opinion and will continue to look for points for purchases of gold and the Japanese yen both within the day and in the medium term. Oil yesterday quite unexpectedly showed significant growth. What is characteristic, the growth occurred against the background of official data on oil reserves in the USA, which showed a rather substantial increase. However, this did not prevent the asset (WTI benchmark) from gaining a foothold above 51.20. Our position on the sale of oil eventually lost its relevance. However, if oil goes below 51 again, a short position can be restored. Thursday in terms of macroeconomic statistics will be a fairly calm day. So we continue to monitor the epidemic and follow the developed plan.
Long
by Trade24Fx
The markets illogicality the and trading anomaliesTuesday was another recovery day in the financial markets. In general, all this is rather strange and illogical. Markets first fall on the news of coronavirus and the epidemic. Logically and explainable, we will not go into details, and once again build logical chains of consequences. We did this in previous reviews. But upon the receipt of news that the epidemic is developing and becoming the largest in the last 20 years (the number of deaths exceeded 400, and the cases of 20,000), markets begin to calm down instead of continuing to work out a fundamental negative. This can be seen from the dynamics of the stock markets (Nasdaq updated new historical highs, and Tesla shares seem to have forgotten what gravity and common sense are), gold is declining, risky assets are recovering, VIX Fear Index is falling by more than 10% in day, and the Chinese stock market is adding 1-2% per day. The main problem in this chaos is not to lose one’s head and not to succumb to general madness. Ultimately, you need to work not with current prices and their dynamics, but with facts. And the facts are that the epidemic has already caused enormous damage and will continue to cause it. Yes, the extent of the damage is unclear and perhaps it will be partially leveled in one way or another. But it is applied and this is a fact. So, starting from the facts, we consider current prices in the financial markets to be abnormal. Based on the concept of “regression to the average,” prices will sooner or later have to return to their moderately adequate state. Accordingly, today we will buy gold with redoubled energy and volumes (for less aggressive traders, we can recommend selling a pair of USDJPY - the points for sales are simply excellent). Stock market sales remain our No.1 trading idea. Oil sales (WTI benchmark) from 51.20 also seem to be a balanced transaction (stops above 51.20 with profits in the region of 45 or even lower make the transaction extremely attractive). At the same time, we are acting with an eye on OPEC activity. If the cartel decides to intervene, and oil goes above 51.20, then a stop coup is quite possible. Speaking of other news and macroeconomic statistics, we note that today will be published US employment data from ADP. Although the focus of the markets is traditionally focused on the official figures, which will be published on Friday, strong deviations in the fact from ADP from forecasts can provoke significant movements in dollar pairs.
FOREXCOM:XAUUSDLong
by Trade24Fx
2
Bitcoin's road into 2032This is the most conservative and optimistic outlook short term as long term I can think of as provocative as it may look... This chart incorporates data from 2014 up to 2032 influenced by fundamental ideas stated in "The Bitcoin Standard", macro analytic data from Martin Armstong's study "The Economic Confidence Model", chart patterns inspired by Opticalart and the ideas stated in Tyler Jenk's article "The Long And Winding Road To A $10 Million Bitcoin" as well as his Hyperwave study that predicts a return to the $1000 base at some point during the capitulation phase that I think has yet to happen. According to the seen drawings, capitulation should take place around December this year with a sharp violent bounce back to the $5000 mark followed by a year-long stagnation and momentum built up in the $3000 range and a slow but steady rise back with $20000 highs being broken during '24 and the final move towards first $500000 by '26 and then 10$ million by '32 entering Armstong's next economic cycle with Bitcoin becoming the global reserve currency.
BITFINEX:BTCUSD
by ZtCedric
The week results: many events but few changesThe previous week was rich in important events, some of which can be formally classified as “game changers”, but judging by the dynamics of prices in the financial markets, the game did not undergo any special changes. Let's start with the most global. The United States and China signed documents on the first part of the trade deal. But there was no euphoria - almost immediately it became clear that this was really only the first step towards solving the problem. Hundreds of billions of dollars in tariffs remain in force, and harm to the global economy will continue to be done. China's GDP growth rate in the fourth quarter of 2019 was minimal over the past 30 years, which is the best illustration of the previous phrase. Other macroeconomic statistics released last week clearly confirmed this. The UK was the most disastrous data: GDP, industrial production, retail sales - all in the red and much worse than forecasts. Statistics from the US and the Eurozone also did not shine: industrial production in the States and the Eurozone came out in the negative zone. In general, against the backdrop of such statistics, we were once again surprised at new historical highs in the US stock market and became even stronger in our belief in its imminent decline. Madness cannot last forever. We already wrote about Putin’s initiatives and Medvedev’s resignation in Russia. We only note that the sale of the Russian ruble after the sale of shares in the US stock market and gold purchases, in our opinion, is one of the most promising positions in the financial markets as a whole. Speaking of gold. After the gold sellers could not get anything out of the signing of the agreement between the USA and China, we became even more fond of buying this asset both within the day and in the medium term, especially after gold returned above 1550. The Japanese yen, although it looks weakened, also It is a good alternative to gold, but in the foreign exchange market. Speaking about the upcoming week, we note that it promises to be even more interesting. It can be called the "Central Banks Week". The Bank of Japan, Bank of Canada and the ECB will announce their decisions on monetary policy parameters in their countries. And although experts do not expect global changes, given the weak form of the global economy, one can count on fairly “pigeon” sentiments in the ranks of the Central Banks.
Short
by Trade24Fx
The US & China, Russian reforms and an oil situationAfter the United States and China completed the first phase of negotiations, the result of which was not as rosy as many expected, the markets decided to take a break and continued to develop existing trends. Note that the current optimism has exhausted itself. But the negative on the horizon more than enough. Only the first step has been taken. Now the parties need to move on and begin the negotiation process on phase number 2. Given that the first phase was an extremely painful process, we are waiting for a problem on the way to the second. Do not forget also that the first phase still needs to be performed. For example, China must buy hundreds of billions of dollars of agricultural products from the United States. Not the fact that he will do it. Therefore, you should not expect a happy ending in the foreseeable future. Accordingly, we continue to look for points for the purchase of safe-haven assets both within the day and in the medium-term - gold and the Japanese yen. The growing pressure on the oil market is largely due to market concerns. Trade wars have shown themselves to be extremely destructive. Their continuation is further damage to the global economy, which in turn will lead to a decrease in oil demand. Nevertheless, we consider current oil prices favorable for intraday purchases (with small stops). The situation in Iran is very unstable; in Iraq, too, not everything is calm. That is, problems with the supply of oil on the market can arise at any time. In the news plan, the most interesting continued to happen around Russia and the Russian ruble. A more detailed analysis of the situation and our recommendation to sell the Russian ruble we will do in a separate review. In the meantime, we note that many experts perceive the dissolution of the Government and Putin's initiative to amend the Constitution as the next qualitatively new level of the usurpation of power. Which in itself is bad, because it deprives at least some hope of a change in the course and manner of behavior of the Russian Federation in the international arena with all the ensuing in the form of sanctions and the role of the rogue state. As for macroeconomic statistics on Thursday, the main event of the day was the publication of data on retail sales in the United States. The data came out exactly as part of the forecasts. Today, in the news plan, it is interesting with data on China's GDP (released as part of forecasts), as well as retail sales in the UK, inflation in the Eurozone and industrial production in the United States. In general, the day promises to be eventful, which means movements in the foreign exchange market and, accordingly, the possibility of earning.
Long
by Trade24Fx
BTC MACRO CICLE ~ NEW BULLRUN FUTURE MONTHS ~ DOWNTREND BREAKOUT~ vertical golden lines are halvings ~ horizontal red lines are All Time Highs ~ the red arrows go from the ATH to the point where the price is again at the same ATH inside the new bull run ~ the green arrows go from the start of the new bull run to the point where the price sets a new ATH ~ indigo horizontal lines are points of support / resistence for the price ~ the indigo arrows represent how price will navigate through the indigo lines towards the halving in may and in the months following it until it reaches the current ATH again ~ this is the current lower timeframe snapshot of the macro analisys attached ~ with the two downtrends brekouts ~ peace and love ~ vaccum
BITSTAMP:BTCUSDLong
by VashVacuum
BTC MACRO CICLE ~ NEW BULLRUN VS PREVIOUS [2015] ~ FUTURE MONTHS~ vertical golden lines are halvings ~ horizontal red lines are All Time Highs ~ the red arrows go from the ATH to the point where the price is again at the same ATH inside the new bull run ~ the green arrows go from the start of the new bull run to the point where the price sets a new ATH ~ indigo horizontal lines are points of support / resistence for the price ~ the indigo arrows represent how price will navigate through the indigo lines towards the halving in may and in the months following it until it reaches the current ATH again based on the previous bullrun ~ this is the current lower timeframe snapshot of the macro analisys in the same phase of the last two macro bullrun cycles ~ this combined with my macro cycle analisys serves as a drive and basis of the attached future months prediction which is the upper portion of this chart ~ peace and love ~ vaccum
BITSTAMP:BTCUSDLong
by VashVacuum
BTC MACRO CICLE ~ EXPONENTIAL ~ NEW BULL RUN FUTURE MONTHS ~ NOW~ vertical golden lines are halvings ~ horizontal red lines are All Time Highs ~ the red arrows go from the ATH to the point where the price is again at the same ATH inside the new bull run ~ the green arrows go from the start of the new bull run to the point where the price sets a new ATH ~ indigo horizontal lines are points of support / resistence for the price ~ the indigo arrows represent how price will navigate through the indigo lines towards the halving in may and in the months following it until it reaches the current ATH again ~ this is the current lower timeframe snapshot of the macro analisys attached ~ peace and love ~ vaccum
BITSTAMP:BTCUSDLong
by VashVacuum
BTC MACRO CICLE ~ EXPONENTIAL GROWTH ~ NEW BULL RUN CONFIRMED~ vertical golden lines are halvings ~ horizontal red lines are All Time Highs ~ horizontal indigo lines are the bottoms at which the new bull run start ~ the red arrows go from the ATH to the point where the price is again at the same ATH inside the new bull run ~ the green arrows go from the start of the new bull run to the point where the price sets a new ATH ~ the chart is logarithmic, the exponential growth is exponentially sustained by the exponential diminishing of the economy of power and work of the network as well as the future availability ~ peace and love ~ vaccum
BITSTAMP:BTCUSDLong
by VashVacuum
Top Perfoming Save Haven CommodityAll comments and likes are very appreciated. _________________________________________________________________________________________________________________ The price of gold could hit a record high of $2,000 an ounce within the next two years as US economic growth fades and the Federal Reserve cuts interest rates, according to analysts at Citigroup. We can track a big bullish cycle in gold. Since the beginning of the year we can observe that XAUUSD possibly entered into a final wave V of 5 waves bullish cycle. The New York-based bank said in a Monday research note that the precious metal could top levels last seen eight years ago, when gold surged to $1,900 an ounce, as uncertainty over the 2020 presidential election combines with a sputtering domestic economy. Investors around the world have been drawn to gold at a time of negative bond yields, which have increased the appeal of yieldless assets such as gold. Around $15.3tn of bonds are trading at levels that guarantee buyers a loss, if the bonds are held to maturity. The gold price has risen by 2.5 per cent since 1st of January to trade at $1,558 a troy ounce, Citi said a combination of lower rates, growing risks of a global downturn, and strong demand among central banks could push prices higher still. Big foreign-exchange holders such as China, which has $3.1tn in reserves, have been keen to diversify their portfolios to limit exposure to the US dollar. China’s central bank has bought $4.8bn worth of gold over the past year 2019. _________________________________________________________________________________________________________________ All comments and likes are very appreciated. Best Regards, I0_USD_of_Warren_Buffet
FOREXCOM:XAUUSDLong
by I0_USD_of_Warren_Buffett
1
L/S Swedish Equities Pairs TradeConsumer Defensive / Consumer Cyclical 30/12/2019 Close Long: ESSITY_B Current Price SEK: 301.80 Short: WESC_AB Current Price SEK: 0.0046 ESSITY / WESC spread Entry Range: 65608.70 ESSITY / WESC spread Hard Stop: 59076.70 (10%) ESSITY / WESC spread Soft Target: 85374.00 (30%) BETA hedge For every SEK 1.00 Long of ESSITY_B SEK 9.00 Short of WESC_AB *Build you position in two stages enter with 50% of desired exposure. *+add too the position on a breakout or at the soft target. *Hedge your currency exposure, unless you have a view on SEK. *HIGH RISK trade. Essity: Consumer Defensive (Manufacture Tissues, Toilet paper & other hygiene products) Strong fundamentals, very defensive and predictable earnings with consistent global demand, outperformed all of its competitors in 2019. *Market Cap = 212B *EPS = 14.10 ESSITY_B Consensus Jan 2020 =F1 Jan 2021 =F2 F1 P/E: 20.10x F2 P/E: 17.60x F1 Earnings Growth: 22.38% F2 Earnings Growth: 6.70% F1 Sales Growth: 2.70% F2 Sales Growth: 3.00% F1 PEG: 0.89 F2 PEG: 2.62 Risk: Reflation of the global economy, and solid resolution of political tensions. And therefore a full risk on scenario and defensive stock underperformance. Wesc: Consumer Cyclical (Trades Apparel & related products, under it brand name WESC) Weak fundamentals, very cyclical and “polluting” as it’s fast low quality fashion. Loss making. In desperate need of a turn around, I feel the business will not attract new talent (As the brand is notoriously NOT cool for millennials and gen z) and isn’t worth turning around as a brand, also no analyst and very hard to find relevant financial information in for the company. *Market cap = 22M *EPS = -0.0150 Risk: Merger, acquisition or turnaround. Otherwis I’d be happy to keep this position on for the foreseeable future. *KEEP YOUR POSITION SIZE SMALL* This is a risky pairs trade as WESC could get bought out, or turned around and go to infinity, but I’m betting against that. LONG High quality Swedish Consumer Staple. SHORT Low quality Swedish Consumer Cyclical.
OMXSTO:ESSITY_B
by Impreza
Macro Analysis + TA, Reversal in EURUSDMACRO ANALYSIS: The dollar rallied to a three-week high on Friday, getting some safe-haven bids, as risk appetite for higher-yielding currencies waned with renewed uncertainty about the rollback of existing tariffs, a major component of a preliminary U.S.-China trade deal. “What really has been driving the market is this underlying uncertainty over whether or not we will get that rollback,” said Brian Daingerfield, head of G10 FX strategy, at Natwest Markets in Stamford, Connecticut. Overall, though, sentiment is likely to remain supportive for risky assets, as efforts are being made to do a trade deal, which would remove a huge risk to the global economic outlook. We expect a continuation of pressure on EUR and strengthening of USD in the short term (1-5 days). But as times goes by - it is clear that a White House and Trump is interested in Trade Deal, as Officials from both countries on Thursday said: China and the United States had agreed to roll back tariffs already put in place on each others’ goods in a “phase one” deal, but the idea has been met with stiff opposition within some quarters of the Trump administration. TECHNICAL ANALYSIS: From TA point of view - we can see that EURUSD pair completed 5 waves up and currently progressing through correctional waves ABC. As we expect a short term strength in USD - we believe that EURUSD will go to 61.8 Fib Lvl - where we can expect a reversal in the price action and the start of a new 5 waves up. Additionally, we can observe a divergence between Price Action and RSI indicator - which is the sign that reversal is coming in the near future. _________________________________________________________________________________________________________________ All comments and likes are very appreciated. Best Regards, I0_USD_of_Warren_Buffett
Long
by I0_USD_of_Warren_Buffett
Data helps the dollar, optimism in financial marketsIn our previous review, we noted that the publication of the ISM index of business activity in the US services sector will be the main event. The ISM index of business activity in the services sector reached 54.7 in October (analysts expected 53.5, before 52.6). As a result, the USD strengthened. “I think it’s a good time though to pause...and that’s what I am looking to do,” Barkin (non voter)told reporters following a speech to an economic outlook conference in Baltimore was another impulse. It seems that the majority of the Fed feels that way. According to the Chicago Mercantile Exchange, markets also expect a pause until September 2019, the probability that the rate will remain at the level of 1.50% -1.75% exceeds 50%. As for the USD, Tuesday turned out to be rich in bullish signals. Despite this and yesterday’s growth, we do believe that the potential for its further strengthening is limited. Therefore, we will continue to look for points for its sales across the entire spectrum of the foreign exchange market, both on the intraday basis and the medium term. China deal is likely to be signed in November so markets are optimistic about that. The confidence that by the end of this month we will see the first signed agreement is getting stronger, so safe-haven assets weaken and commodity markets grow. Take oil, for example. OPEC sees its oil market share shrinking, Forecasts are generally negative for oil prices - the Cartel expects a significant decrease in oil demand growth in the foreseeable future. However, oil strengthened yesterday at the end of the day - expectations of progress in trade negotiations overcame fears of a surplus in the oil market. So our recommendation to buy oil on the intraday basis remains relevant. As for the safe-haven assets, the downward pressure is increasing, and they are close to hitting the critical points, after that the further reduction in the price of gold and the Japanese yen is quite possible. On the other hand, their current prices look ideal for purchases. So today we will buy gold and the Japanese yen with small stops. Today, in terms of macroeconomic statistics, we are waiting for statistics from the Eurozone (a lot of business activity indices, as well as retail sales data) to come out.
by Trade24Fx
Brexit breakthrough and markets bet on the breakthrough in US-ChThere were no major breakthroughs at the meeting between UK Prime Minister Boris Johnson and his Irish counterpart Taoiseach Leo Varadkar over the Irish border backstop. Recall that today it is the main sticking point that stops signing an agreement with the EU. As a result, the GBPUSD soared more than 250 points. However, this is not the end so you should not relax. Next week, the EU summit will take place, from which markets are waiting for a final decision on Brexit. Current options for the development of events include an agreement with the UK, another delay or exit without a deal. We have been supporting pound purchases for a long time since we believe in Brexit deal. Negotiations between the USA and China continued to be the hottest one. Trump said the talks went well. Today, Trump will host Liu He, Vice Premier of the State Council of the People's Republic of China, in the White House, so surges in volatility in the financial markets are still likely. The markets seemed to be imbued with Trump's confidence, as demand for the Chinese yuan in the options market sharply increased (over the past 24 hours, traders bought two-month options in the dollar/yuan with a strike at 6.95 for $ 650 million). That is, traders are trying to prepare for the success of the negotiations and are waiting for the renminbi to strengthen. trading decisions have to be made with an eye to a possible change in the existing fundamental background. Regarding our position on safe-haven assets, today we will not recommend buying gold or the Japanese yen. The situation is too unpredictable, and the risks are too high. Our recommendation for today is the adaption to any negotiation outcome. The success of negotiations between the United States and China, in theory, will be accompanied by haven assets sales. Accordingly, you can act respectively, with that. Yesterday, pound dynamics showed that even a late call could bring significant profits. If negotiations fail, you can act respectively purchasing gold and the Japanese yen. In terms of macroeconomic statistics, Employment Change in Canada is what we are interested in. So today is an interesting day to work the Canadian dollar.
Long
by Trade24Fx
Bear Gang Ideal Scenario + Explanation So I'm seeing a lot of people freak out about the rally today, and I'm here to inform you that it is what it is - a load of bull. Trade talks aren't going anywhere. Xi Ping is trying to buy some time with the US so he can take care of the crisis that is Hong Kong. This supposed claim of "willingness to cooperate" is a trap and Trump won't fall for it. From Sun Tzu's Art of War: “All warfare is based on deception. Hence, when we are able to attack, we must seem unable; when using our forces, we must appear inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.” From Trump's Art of the Deal: “I've read hundreds of books about China over the decades. I know the Chinese. I've made a lot of money with the Chinese. I understand the Chinese mind.” Needless to say, he's not going to retract Sunday's tariffs anytime soon, and China moved too late to even make him consider going soft on them. This entire rally was built on the hopes that trade talks were improving, but it was a cringey display of blissful ignorance from investors who I thought knew better - and seemed to have the same attitude as someone whose laughter is filled with desperation. I'm not buying it. Bears got slaughtered today but will get their just desserts and then some in the coming week or so. The lack of confidence in which way the market is going makes it all the easier to see the way of the bear, even if just for a little while. If you still need help doing so, just take a look at recent events around the world. - U.S. GDP Growth slowed and was revised to cut down to 2.0% rather than 2.8% - Jobless claims rose to >+200k - Money Market Accounts' AUM rose to an all time high not seen since the crash of '08-'09 - Morgan Stanley revised 2020 outlook, citing dampening economic indicators and negative growth outlook due to trade war - 30-year treasury bonds fell to all time low - Treasury secretary and other fed agents have begun considering an issuance of 100-year bond notes, along with several countries in Europe and Southeast Asia - Inverted Yield Curve Steepens - Argentina is on the verge of defaulting on its debt - Worst unemployment rates in India since 2008, Consumer Loans getting crushed - Swedish interest rates sinking as they consider 100 Year bonds as well - Sweden Confidence Levels drop to fourth month - Norway Credit Growth Drops to Lowest in 23 Years - Italian economy is getting ravaged by political chaos and bonds defaulting across the board - Iran Intensifying Missile Efforts Amidst Talks with Britain, France, and Germany (Potential War??) - UK is falling apart because of Boris Johnson suspending parliament and causing overall chaos not just in politics but the economy as well, Brexit crushing every investor in its path - Japan Cuts Buying of Benchmark Bonds as Yields sink to Record Low - Chinese unemployment, riots, and social credit system are burning through whats left of their economy, US tariffs popping the bubble of trade that their economy has relied upon - South Korea Industrial Production down -3.2% YoY - Colombian Unemployment Rate Up 0.2%, from 10.7 to 10.9 - South Africa's stock market sees worst August since 1998 - Mexico's inflation potentially on the rise according to new reports as advisers move towards a more cautious monetary policy citing unstable equity markets $SPY Puts seem to be the answer here. I'm invested in some a few weeks out as to give them a chance to price in the actual situation regarding trade talks and the global macro headwinds listed above. Regardless of your stance, we're in for a very, VERY bumpy ride.
TVC:SPXShort
by Meowstro
5
GOLD LONG TRADEPrice structure are very bullish, gold currently trading at range zone therefor i will follow the main trend an take a long trade when the price reach the bottom of the range zone. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. join my free telegram channel to see more about my service at LCFXpro Trading Floor. LINK IN BIO!! _____________________________________________________________________________________ Thank you for your support! LamchiuFX
FX_IDC:XAUUSDLong
by LCFXpro
9
USDCHF LONG TRADELooking at recent structure, we can see the price are creating a new LH which align with previous based as well as 50% fibs level. therefor give us a chance to go short. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. join my free telegram channel to see more about my service at LCFXpro Trading Floor. LINK IN BIO!! _____________________________________________________________________________________ Thank you for your support! LamchiuFX
Long
by LCFXpro
18
AUDUSD LONG TRADEThe price has a potential to create an inverse head and shoulder, therefore i place a pending order like i state on the chart. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. join my free telegram channel to see more about my service at LCFXpro Trading Floor. LINK IN BIO!! _____________________________________________________________________________________ Thank you for your support! LamchiuFX
Long
by LCFXpro
9
USDCAD LONG TRADEThe bullish structure give us the opportunity to go long with the price potentially creating based around HL area. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. join my free telegram channel to see more about my service at LCFXpro Trading Floor. LINK IN BIO!! _____________________________________________________________________________________ Thank you for your support! LamchiuFX
Long
by LCFXpro
6