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Donaldtrump

I SAY THANK YOU DONALD! LOOL!Well, well - I have to thank Mr Trump for breaking the news that he's gonna raise tariffs on China about an hour before the open of the markets last night. The DJI and loads of other markets took a dive. I'm short of course, and trailing a 2H ATR trendline. On open of the markets there was a gap down of about 430 points. Never before have I seen anything like this on a Sunday night. As usual the bulls did their thing, trying to close the gap but were beaten back badly up to this morning. This does not mean they won't come around again for another bludgeoning. The bulls had of course been drunk over the last 4 weeks. They were pricing in hopes that the Fed would reduce interest rates. Powell delivered a nasty surprise. Then last night hopes that the China trade deal was coming to fruition got a shower of ice cold water. It's strange but not so strange that traders were gagging for the deal to come through. Reality was that for the last 6 weeks reputable sources knew that the deal was in trouble. Hey ho - I'm not here to stop anybody listening to or reading mainstream media. My speculation is that Mr Trump knows or knew the deal is dead (or near dead) so didn't want that to hit suddenly on Friday (the big day) - as bad news on a Friday would cause catastrophic meltdown (either on Friday or the following Monday). So methinks the gave a heads up to avoid the bubble popping 'too suddenly' - if there is any such thing. Well, for Donald anything is possible! LOL
FOREXCOM:US30Short
by Captain_Walker
BRENT CRUDE OIL (UKOIL) (BCO/USD) 4-HOUR TIMEFRAME LONGThe price of brent crude oil (UKOIL) seems to be moving in an uptrend of late. This is because Saudi Arabia decided to take matters into their own hands and cut production, forcing the market to drive prices up (basic economics of supply and demand!). This is also coming at a time when the whole world seems to have forgotten about the bear attack on oil last year and the Kashoggi murder. But let's focus on the now. In order to enter a short, traders can wait for a retracement to the 68.46, which represents a previous support/resistance level. If you have been living in a cage, then you probably should know that OPEC stands for the Oil and Petroleum Exporting Countries, and they are the cartel controlling crude oil prices and supply. In the centre of this cartel is Saudi Arabia, which is the largest producer of oil worldwide. Muhammad Bin Salman, the crown prince of Saudi Arabia hopes to raise prices of oil for the benefit of his kingdom whilst he comes under constant pressure from westerners like who believe oil should be sold for peanuts in order for them to continue using their dinosaur fuel-guzzling Chevys and Ford trucks without feeling the wallet crunch. Guess who is at the centre of the "oil prices must fall movement"? Yes, you got it right, none other than Donny Trump!
TVC:UKOILLong
by munyaelliott
USDJPY-Weekly Market Analysis-Jan19,Wk2On the Daily Chart , market breaks the sideways consolidation and break towards the downside. With the Wed 2 Jan Asian Market Flash Crash, the market touches the Major Support on the weekly chart and provide a potential selling opportunity on the 1-hourly Potential Sell Zone. I need more confirmation to look for potential selling opportunity, just subscribe to us so you won't miss out. Some say out Trade Ideas Results in Oct 2018 is equivalent to most youtube traders 1 year net profit results. Well, I don't know about if 2,333pips of net profits in the month of Oct is good enough for my subscribers but their continuous support may just show that they are happy. forex100academy.com Seeing is believing, we are going LIVE on Facebook this Wednesday, 9 Jan 2019, 7pm-9pm(+8GMT), just follow us on Facebook to receive the online notification: www.facebook.com
Short
by RaynLim
Short GBPUSD Brexit deal trade initial entryToday the sentiment is that there will be significant pressure on the pound. Trumps comments that the Brexit deal is a good deal for the EU and that the UK may not be able to trade with the U.S. have initially trigged sterlings sell off this morning. Those comments have been watered down to an extent by a UK spokesperson clarifying that the UK can make trade deals with the US. All that in combination with the month end flows favoring the greenback I like a GBPUSD short from the 38.2 pull back of this mornings sell off. In addition this will be my first of a series of Pound shorts leading into the house of commons vote on the Brexit deal. The market seems fairly convinced that it will be rejected. This will drive sterling lower into the lead up to the event itself. I am going to be trading into this event. I feel the trade that has the most upside potential come the event proper is if the house approves the deal. The market is currently pricing in a rejection of the deal. If the house approves the deal there will be massive volatility as the market scrambles to price this unexpected turn of events. I will likely trade into the event with a series of trades and look to get in on the Monday before to take advantage of the expected spike. I will also be ready to close a short position and open a long position if the house in fact approves the deal.
Short
by FX_Trade_Plan
American Dreamers or the Intelligent Japanese? USDJPY has been an interesting pair to watch this year and here is another opportunity to take advantage of the volatility of this pair. I will just be going into the technicals for this trade. If you want fundamental information visit www.investing.com they have great fundamentals with great breakdowns. TECHNICALS - The Market on Friday's close was on the level i identified as weekly support (109.300) looking at chart patterns from two months ago, we noticed that this level is extremely difficult to break and close below thus making it a level prone to reversals, and so far this has occurred. -Daily Resistance (111.011) is our first target as this is the first level the market will face which could prove to be a little bit of a challenge as the market proceeds with its bull movement, so i would suggest profits are secured here. -Resistance Region (111.774) is labelled this as the market can find itself caught in a brief consolidation between Daily Resistance and this level, we may encounter a retrace here as history has proven, although this shouldn't cause a big scare, keep your positions open but make sure profits have been locked before the market enters here. -And our last target is Secondary Resistance (112.391) it should take near 2 weeks to play out so, patience will be key and your mental stability will be tested, in the past again the market does enjoy stalling here, once where are this high up we want to secured our profits and run. Greed, Overconfidence and lack of patience will be tested in this trade, you will need to overcome greed when you notice that you are in a large profit, do not add more positions that you can not afford to lose, Overconfidence with this trade will make you want to enter positions with other currency pairs without doing the correct analysis, thus will cause you to make silly errors. And finally this trade will take time to play out properly, you will feel as if the market is going no where, that happens, the market is not always going to move, they may be long periods on consolidation but once it is broken strong movements will occur and you will wish you had stayed in the trade.
Long
by SSigenu
2
Look Where You LEAP!SPX 500 Hit some interesting zones today, didnt exactly follow my projected path to the T, never the less it hit the 79% Retracement Zone and reversed so sharply. This can also be a possible false move downward so I'm neutral and waiting for confirmation. The general market does look quite weak at the moment. PNRA hype seemed to have subsided and bigger Investors used the optimism to offload positions to dumb money today. i'm looking for a gap upandma maybe another push to the 88.6% Zone. However, feel free to think about shorting when bullish momentum proves to be dying.
FX:SPX500
by TrevaughnSmith