Show me the charts, I'll tell you the news: Iran - US warLockheed Martin stock has often been a leading indicator to significant military escalations involving the United States. Now at the brink of a breakout, we could be dangerously close to a major geopolitical disaster.
My moral compass prevents me from profiting off of humanitarian tragedy and the blood of innocent human beings that will be spilled as collateral damage due to the actions of two arrogant regimes. So I will not be investing in this stock given the circumstances but I can't help but wonder how much John Bolton and Mike Pompeo and war hawks alike secretly own.
WAR
USA vs China / TRADE WAR $USDCNH ... Cup & Handle pattern right there in the bigger picture.
We then got a rising wedge shorter term. Why? Look at the #TradeWar and it makes perfect sense. Wait for confirmations and you got a safe setup right there ! The Trade War is going on and it´s getting harder and harder every week for both the USA and China. So guess where this pair might go?
Look at the very least for a 1:1 ratio or much more.
#Forex #Trading #FX #Finance #Money #Investing
THIS COULD BE A SIGN OF WARYou won't find much on this in traditional mainstream media outlets. They're usually late. Events unfolding in relation to the Strait of Hormuz are either hotting up or have already happened.
I've been tracking LMT for some time. I couldn't understand the sudden pulse on daily shares on 23rd April. I had wondered if it meant war started but nothing was in the mainstream media. What does LMT produce? Who fund them? Read up!
Well...well, the chatter come out of that region through non-traditional channels is that something is happening on the ground.
Then strangely yesterday I spotted moves on the eastern and western markets suggesting an about turn - across forex and market indices. You wouldn't have seen that unless you were looking across 10 min time frames.
What's next? Well I'm not a news channel. So, get going and do your own research. This is about systematic risk.
Golden week isn't over yet. Strangely the Yen is powering up madly and AUD is buckling. Think - outside 'the box'.
This post is speculative and may be totally wrong. Do not make financial decisions based on this. But you could get prepared if you find sufficient evidence. Getting prepared is about the biggest thing in trading.
US30 - Looking for SHORT? China over USA? - TRADE WAR - Looking for shorts. Overall strong /Head and Shoulders/ on D chart. In 4H chart we can see strong down move from 26700 and reflection at 25250. Putting a Fibonacci Retracement on those levels we see that it already pass 0.38 looking for 0.50, possiable 0.618.
Shorts from 0.50 and with same amount + 1/2 of the 0.50 volume at 0.618.
Happy Trading,
Cheers love the cavalry's here.
EURJPY: Trade War For My Account Also Welcome everyone to this new trading analysis on this Wednesday!
We are looking at the EURJPY pair on the 4h chart. Trade war between Trump and Xi is real.. Trump stated a few minutes ago that Xi from China offered something good between the deal.
Instantly all XXX/JPY pairs gained momentum to the upside. Good for my positions as im going to the worst trading week since im trading profitable. How is your trading during the trade war going? Any tips for become super focused on anything besides trading?
Comment Below.
Wishing everyone success and great weekend!
GBP/JPY... What is going on??!!The Pound against the Yen has been short for roughly around the beginning of November and puts pressure for the yen over the new year.
From research, this pair may continue to go down, and here is why. Firstly, the Nikkei 225 has significantly dropped by 17.53% from the 2nd of October to the 28th of December. Reasoning behind this is due to other variables affecting the yen such as the US and China trade war which gives concerning to what Japan may have to face when they trade with the United States on new policies. Especially since Japan is the 4th largest trading partner with the United States, rallying up on $204.1 Billion in 2017.
Britain on the other hand is more focused on Brexit, for those who do not know, Britain is wanting to leave the EU for more tougher immigration laws in order to strengthen the safety of the citizens from terrorism. There are many other reasons but this is the main highlight of why. Some people in Britain do not agree with some of the new policies and laws that the government is trying to put in place, including trade. Confident votes have been used in the government but Theresa May (current prime minister) still has passed in the votes.
Overall, both countries are in the downside at the current moment and we will have to see what 2019 awaits for us all but this evidentially results in a short sell position for short and long term.
Happy New Year everyone!
Gold plunges to 13 months low – Well done ABCD pattern!For the moment, gold is trading near $1,173 after placing a low of $1,160. It recently has formed a sort of a hammer candle pattern on the 2-hour chart. The hammered pattern followed by a strong bearish trend often causes a bullish reversal. That being said, can we expect a bullish reversal?
I wish I could say yes, but gold is still bearish and the violation of $1,181 has opened further room for selling until $1,157 and $1,131. But since the metal is in oversold zone, we may see a bullish retracement in it until $1,181 and $1,187. Stay tuned for more updates!
Short SWKS I hope everyone has had a great Monday.
Skyworks Solutions -1.91% is a semi-conductor company that is traded on the NASDAQ. While I wouldn't normally bet against the semi-conductor industry, this, I believe is a quick short for easy gain.
Trade war tensions have been high and will likely remain high until a deal is struck with China over what President Trump has dubbed a "massive trade deficit." While many economist and pundits scratch their head at this proposition (trade deficits are not necessarily bad, as it allows Americans to purchase more goods at what will be a lower price), it is not important who is right or wrong in a trade war/skirmish, but instead to focus on what will happen in the short term because of the actions of these countries.
That brings me to Skyworks, a company that in regular times I would not never short with a ten-inch pole. Now, however, is the perfect time to bring on the short army.
The main and nearly only reason for this call is a simple fact: SWKS -1.91% currently getting 80% of its revenue from China.
If a trade war were to break out, having this much exposure (whether China pushes heavy tariffs or not) will send this stock tumbling.
For this short position I believe in 2/3 main targets.
1. $93
2. $86
No hold below the $86 threshold would be advisable.
Again, this is a high-risk, high-reward trade.
Disclosure: I/we have no positions in any stocks mentioned, and have no plans to initiate any positions in SWKS -1.91% within the next 72 hours.
Possible BTC path... Thoughts?I think something is going to happen. Might be something good in the crypto market that makes people want to use it, maybe a development that makes it easy to use resulting in on boarding? Or, something very very horrible that makes people rush to crypto because theres fire everywhere, the world markets are crashing, paper money is in hyper inflation and people are in a panic to preserve whatever "money" they have left (and we all know we cant travel on short notice with hoards of precious metals if something happens and people need to move their a$$). Whatever it is (and my gut thinks its the latter rather than the former), my fundamental and technical analysis came up with this possible long chart for BTC going into 2019.
The grey zone is where we could hit before it picks up, around 3900 or so. But than, before 2019 something possibly happens to make people buy BTC. What that is? Who the hell knows... But the way the world is headed I don't think it will be good.
PS - My fundamental analysis considers things outside the scope of crypto itself.
PS - This same U pattern I have been noticing in my charts for a while, they keep coming up. The last ones panned out and than after the path completed the patterns I charted, the market dipped.
Maybe I'm just crazy and just seeing things. Maybe I'm not...
Please comment with your thoughts.
SENSEX INDEX PRICED IN TERMS OF GOLDThe chart of Sensex index in terms of gold.
It don't give a long history, only 11 years.
I ran this chart to answer a specific question;
Will a nuclear war happen?
At least, will India participate in such thing?
A country with booming market reflect a very positive social mood will not engage in a war.
I don't have long enough historic data to get the big picture (at least 20 years of data.)
As the chart show:
1) We have a double bottom and a support line, and
2) A triangle on the right side of the chart.
These tow things suggest that Sensex index and the Indian market as a hall will boom (in terms of gold) in the coming years, hence India will not go to war.
Unconventional weapons and strategy for an unconventional war.I say this is a parabolic war!! Bitcoin taught me a lot about this. Well, I say the US30 is a parabolic situation. If they don't wanna play fair, why should I approach the market with conventional weapons?
No! This is a strange war. So - I'm not gonna play by conventional rules. I don't think that's gonna work.
Overall in trading, the issue is not winning a few battles. It is about winning the whole war. So with Wall Street (US30) I decided that they can have back what equity I've gained but they're not going to put me into a loss once I've caught the equity.
My plan is to build an equity base to fight them at their own game, if/when volatility really gets going lower down.
I'll use whatever it takes. They're not gonna categorise me as trend follower, harmonic trader, scalper etc. Why? Because I'm all of that and more. I'm like Muhammed Ali!! Amma dance around them and show them I can do this in a way they don't expect!
I'll win anyway! How? If I don't lose equity, I've won! That's it! How can I win without winning? See here .