[Currencies] Markets shifting phase, no money to be made
Updated
The second half of July was fun. But now it is over. It is either time for some vacations, or some research & self-improvement.
Gold & Silver, Bitcoin, and major governement fiat currencies - usd pairs - are taking a break from their trends (if we can call this a trend for BTC).
I do not think there will be anything interesting in the coming days or weeks...
For my part other that those currencies I also look at some crosses regularly (with jpy I even only do crosses I don't even trade usdjpy), as well as a few commodities (Oil NatGas Copper).
Who knows, there might be something?
Commodities
Crosses
"Exotics" and crosses
Nothing too crazy.
I don't want to go completely analyse every 20 non usd currency pair I can think of.
And I'm thinking "is this good or not can't tell", if you have to ask this question then it is not good enough.
EURJPY could be interesting, better keep an eye on it this week.
Going to look at some old charts and do some self improvement.
Gold & Silver, Bitcoin, and major governement fiat currencies - usd pairs - are taking a break from their trends (if we can call this a trend for BTC).
I do not think there will be anything interesting in the coming days or weeks...
For my part other that those currencies I also look at some crosses regularly (with jpy I even only do crosses I don't even trade usdjpy), as well as a few commodities (Oil NatGas Copper).
Who knows, there might be something?
Commodities
Crosses
"Exotics" and crosses
Nothing too crazy.
I don't want to go completely analyse every 20 non usd currency pair I can think of.
And I'm thinking "is this good or not can't tell", if you have to ask this question then it is not good enough.
EURJPY could be interesting, better keep an eye on it this week.
Going to look at some old charts and do some self improvement.
Comment
My, not impossible USD goes for another ride down, especially against gold & scandinavian currencies.Comment
Currencies not being interesting but once again gold is leading the charge.Gold Leeroy Jenkins.
Since it is making a deep pullback (woke me up zzz maybe I should use tradingview scripts to place conditional orders / trail stops right), might as well try to enter.
Whoever rode the pump up should have gotten out by now. Reload lower.
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