60min
💷GBPUSD, Is it ready to go?📈Hey guys,
On the 60min/240min it appears FX:GBPUSD has created a regular flat with bullish retracement levels. It has then gone on to form what appears to be a contracting flat on the lower degree. If this breaks out then there is a high probability of a bullish move on the 60min/240min.
Metals to Break its All Time High AgainMetals to Break its All Time High. I have discussed about Gold before and in this tutorial we will study into Copper.
From last week Fed chairman statement, he said “it is premature to be talking about pausing our rate hike. We have a ways to go."
The continuous inflation is almost a certainty into next year, and what asset or instrument works well with inflation?
Content:
Why interest in copper again
• Fundamental
• Technical
5 Major Copper Uses:
• Building Construction
• Electronic Products
• Transportation
• Industrial Machinery & Equipment
• Medical
Copper Consumption Worldwide:
1. China 54%
2. Europe 15%
3. Other Asia 14%
4. America 11%
5. Other 6%
Source: Statista 2021
Minimum fluctuation
0.0005 per pound = $12.50
0.001 = $25
0.01 = $250
0.1 = $2,500
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
XMR Is going to PUMP!! 60 MinHand me my Lightsaber!
Entry- 185.25- 187.42
Take Profit 1 -188.64
Take Profit 2- 189.63
Take Profit 3 - 190.97
Take Profit 4- 193.23
Take profit 5 - 194.41
Take profit 6- 198.00
Take Profit 7- 200.00
Take Profit 8- 205.61
Stop Loss 180.00
Check out my other trades. As i go through my analysis and thought process inside the trade and i update the trades regularly for those trading along instead of just posting an idea.
XAU/USD LONG 1HGold experienced extreme volatility recently due to Coronavirus scares adn bond yeilds dropping. So the downwsrd movement tells me that it could of been a huge correction if so then Gold will be poised for a rally towards $1700-$1800.
If scares carry on the US will start pumping money into gold and Asia even more so.
This trade carries a lot of risk due to the prediction bening at yearly highs!
AUDJPY Possible 20 pip Short on 1hr Time FrameThis idea is based on a minor down trend channel that began Jan 22, 2018. The top of the channel was retested Dec 27, 2019 and continues downward. Here is an opportunity to catch 20 pips as AUDJPY broke below the 73.325 price on Fri 9, 2020. Possible short if we can get a retest for entry at 73.325.