Suez Canal FiascoWe've all heard about the big ass ship stuck in Egypt's Suez Canal last week. On Tuesday morning (3/23) the 'Ever-Given' vessel, leased by Taiwanese Company EVERGREEN; was caught up in a 'Darude-like' sandstorm causing over 10 billion in damages so far and unforetold shipping delays.
The Suez accounts for 30% of imports coming into Europe from Asia. There are currently 150+ container ships caught in this costly traffic jam, where the estimated costs of waiting are upwards of $400Million/hour according to various news sources.
Looking for ways to capitalize on News events? If you have access to Asian markets; take some shorts on lease owner EVERGREEN 2603. They had positive reported earning on Monday just one day before the shitstorm and there's a definite shift in momentum back to 30-lvl support.
Also consider short positions in the vessel owner; Japanese Shoei Kisen KK. UK P&I Club Insurance is meant to cover pollution and injury, not cover hundreds of lawsuits for this costly conundrum..
Let's get it!
static01.nyt.com
Europe
GBPCAD: Why Buy????? Go On - Shooter_ForexHi, my name is Shooter_Forex .
- Pay attention to add GBPCAD.
- Zone D1 a bullish signal appears nice price at hard support ( 1.72000 ).
- Here, you need to follow more because you need to see The market broke the top (at H1, H4) and if you return, a new bullish signal can BUY up.
*** Note areas in order: Demand zone D1, Demand D1 + Demand H4, Demand D1 + Demand H4
+ Round Number 1.72000 (Signal = reversal candlestick patterns)
I use the following methods:
1. Price Action
2. Supply Demand Zone
3. Risk management: Investment capital ( 4% / deal )
BTC & EUR correction: the dollar has a comeback!BTC & EURO are very correlated because if the EUR goes up the USD goes down and consequently BTC goes up.
This week I expect more losses for the EUR and BTC because of the parabolic moves of US10Y notes. (bonds)
The fed has an announcement today and I dont know what they will announce but I bet they do everything to protect their dollar.
In my chart you can clearly see that when the Euro surges; BTC does so aswell. (zoom out) For the middle / short term I dont expect a recovery from the euro.
This is because European bonds have negative yield and are as valuable as toiletpaper, this means more selling of EU bonds and more buying of US bonds.
This will only strengthen the dollar even more; this could lead to a short (!) bear market for BTC and the Euro.
In my opinion to continue the bull run in crypto we need a correction to cool down NUPL, Thermocap (etc) and to get smart money onboard.
Smart money is not buying the top, we need smart money because we are all broke and will not move BTC anywhere up...
Remember BTC is a grown up asset now and we need almost a trillion to get it to 100K and no thats not coming from you or me.
If BTC really corrects, this means trouble for major alts and they will dump a lot stronger than BTC, however this will create a new impulse of smart money buying.
So in my opinion, either you do nothing or you anticipate but you do not want to panic at the bottom and sell there.
Another important factor is how the stock markets will react to the parabolic yields and or the announcement of the fed.
I think the markets (esp those in the US) are overextended and need a correction (not a crash per se but its possible) to continue the bull run.
So similar situation as BTC; see my linked chart below S&P500 vs BTC for more info on those bull runs.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
TARGETS:
BTC current: 57420
Short term target: 54100-53350 (next 48hrs)
Mid / short term: 50900-5100 (before 27-03-2021)
Eur current: 1.1889
Short term target: 1.1789 (96hrs)
Mid term target: 1.134 (before end of April)
Dont hate corrections, they are healthy, extend the bull run and you can actually buy BTC cheaper. ;)
Bye Bye growth, oh hello turbulent timesIf my idea is not displaying correctly here is a screenshot:
I hope this is not too thick to read. An edited video would be better.
Or maybe I could make a version with small screenshots rather than 1 big block of text?
A little additional explanation if you are interested ==>
Part 1: France 2022 elections
Frenchies are complaining about "toxic ideas that come from the anglo-saxon world". LOL.
Someone explain to the french all these "cultural marxist" ideas don't come from the USA/Canada/etc but FROM FRANCE.
They merely embraced these ideas, France was born in them, molded by them.
They were born here in France buddies, exported to the english speaking world, and they are simply coming back like a boomerang.
The far right is for the first time getting 50% intentions of vote at turn 2.
In April 2017 they came second in turn 1, and EURUSD gapped 150 points iirc over that weekend.
In France the president forms the government, he decides who the unelected first minister will be.
It's like the UK where the queen appoints the first minister expect no one has a clue who it will be, or even heard of that guy until he get appointed 😃
These elections are not only important because the far right & the gap but also because in 2022 it is France that will preside the European Union 😃
And the french far right is stupposed to be pro Frexit, but recently they have been flaunting the vertues of Europe (to get votes).
So who knows?
The major left wing party, LFI, are now the demon, and liberals want to get their voters. LFI is our Trump. I wrote several times this right wing demonization was BS and they'd do it to the left in a heartbeat, and here we are 😉.
LFI calls them the party of freedom, actually not even a party but "just an idea" (with elected officials under that banner but w/e).
LFI says they are not islamo-gauchistes (a dum dum concept invented by the media to tell their sheep who to frown at, just like the word "racist"). LFI says they're not even leftists but just the people that are pro-freedom. Trying to avoid dum dum demonization?
Not leftists lmao, they praise the virtues of a planned economy, are in awe of the soviet union, form alliances with communists, want to tax high earners at 100%, call celebrities & athletes worthless parasites (isn't that true though?), and the worse part: Hate multinationals! Oh no not our monopolistic profits. Oh no! How dare you criticize Gilead and Pfizer! Conspiracy theorist!
So here we have the truth.
Who are the "eeeevil bad guys" in the UK? The Brexit clan, anti-multinational.
Who are the "eeeevil bad guys" in the US? The Trump clan, anti-multinational.
Who are the "eeeevil bad guys" in France? The Stalinists, anti-multinational.
They tried taking away their profits, and so they declared war on them...
After WW2 there was a debate. Was Hitler inevitable, or an anomaly?
It was concluded, and is now the scientific consensus (HAHAHAHA!) that fascism & communism were the outcome of short term problems. Don't you dare say they fixed the problems.
Economists say Hitler built a monster economy BUT he was mean therefore it does not count (seriously that's what they say).
The NSDAP was so successful that they lost their mind... What they did with that success is not the question.
What is in focus is the answer to the question "why are liberals so terrified of national-socialist fascism if they have so little support"?
Because they win. They get strong. Germany went from a third world country to a superpower.
To take down that small country it took the entire Soviet Union, AND the USA, AND North Africa, AND all of Europe resistants.
Just damn.
It would not cross liberal-bourgeois minds that THEY are the problem.
If they do not get replaced by someone slightly radical that will fix the problem, it will keep getting worse.
Like the devil said to south park kids "ok you can postpone it but it will be 10 times worse".
Getting rid of Trump, getting rid of Marine Le Pen by baiting her voters to vote for you, to "buy time while problems solve themselves".
How dense are those people?
The fascists even love this because now they DO want it to get worse.
They consider Trump & Bolsonaro are traitors that are not the messiah they were hoping for.
They are even saying "voting will not remove them". And they may have a point.
EU & USA are old states. Old people don't vote for radical change.
They vote for the status quo, for "no waves" while they peacefully live their last days.
If adults go out in the street to start fighting will the "no waves" old people go fight?
They will tremble and home and pray for things to calm down. "Buy time" just such a dumb concept.
I don't want to go on and on so finally here: In 44 BC the roman swamp impeached Julius Caesar with knives.
Hurray! The populare dictator is gone! Hurray! Yay! Return to normalcy! (This was a slogan by a US candidate just before WW2 😆)
And then a civil war erupted and EVERY SINGLE CONSPIRATOR GOT BRUTALLY SLAUGHTERED. Yaaaay 😆
27 BC, 17 years after Caesar heinous murder, the Empire is born. Augustus Caesar's nephew is the Emperor.
Ah and the senate greatly lost power (hurray).
The swamp won't let people vote for "populism". "Just buy time problems will magically go away".
So we might end up with a power vacuum. So who will we get? Robespierre (Louis XVI vacuum), Hitler (Keiser/Caesar vacuum), Lenin/Stalin (Tsar N2 vacuum), a Caligula maybe?
Part 2: The population aging
More "buying time" (to make things worse later). Printing money to buy time. High IQ strat.
Watch GS Lloyd Blankfein interview/discussion of Paul Tudor Jones (June 18 2018):
"The hope is from the guys making the monetary policies that the growth catches up and solves the problem HAHAHAHAHAHAHAHA"
The BOJ gave up this "monetary stimulus" nonsense. They just capitulated after trying so hard.
One nice thing is at some points they were so desperate to get their decade back they literally GAVE MONEY TO SPECULATORS.
When the USA & EU get desperate, and it might be soon, make sure to open your pockets.
Don't get too lost in numbers and statistics or (ewwww) "charting" and nonsense indicators that don't work, looking at fundamentals & bankers mindset sometimes can provide über opportunities.
That 2-in-1 idea is packed enough, I'll leave it here, and make something lighter next time.
There is a lot to consider this is not a trivial game, there is no magical ichokumookookoo indicator that tells us what to do with 0 effort 0 info on anything, regardless of everything 😂
And also makes us rich quickly in top of lazilly.
ALDR Delta Drone Created in 2011, Delta Drone is a leading international player in the field of civilian drones for professional use. The group designs and commercialize a range of professional solutions. In addition, it provides support services which represent a complete chain of value.
This penny company seems very attractive to us, it is listed on the Paris Europe Stock Exchange. If you have any questions. Let me know what you think in the comments
A cordial greeting L.E.D.
In Spain at 16/02/2021
SX5E - On track to the topAs we said in the previous analysis of this index last week, the price moved upwards and we think it will reach the important resistance area marked on the chart. However, there could be corrective moves that could reach the blue trendline formed by connecting the lows of December 18th and January 28th.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
🔰 EUR/USD — Important before the market closes 🔰 🔹 The next Resistance from here is 1.2260 level
🔹 Our Next Major Support is 1.2100 then 1.2000 levels
🔔 We will wait for the price to break above the last high from last week — if we break above this high, most likely the price will trade to our Bullish target
Have some markets shown they have already past a mid Jan peak?Some markets seem to have shown that they peaked in mid-January... indicated in their U.S. listed, $USD denominated, ETFs: Russia RSX, Brazil EWZ, India INDA, Thailand THD, Europe EWZ... and also in certain financial markets as indicated by a Commodity Tracking fund DBC, and see also the US Government Bond 5 Year Yield .
EURCHF Long-term LONGEUR = strengthening
CHF = weakening
GDP diff = short
Exports Analysis = Long
IR% Diff = long
Stock Index = Long
EUR OI Hedge Funds = Long
CHF OI Hedge Funds = Long
TA = Long
Majority = Long
The euro area has had an interesting start to 2021. The latest GDP figures show the big four European economies beat expectations in terms of growth. The main areas include Germany growing in the 4th quarter followed by Spain but France taking a slight dip in growth but still beating expected losses.
Overall, the data is suggesting the businesses in the euro area have found a way to "cope with restrictions". The ECB also has further mentioned that they will support where needed but there's no need to cut interest rates further.
XAUUSD LONG 📈Hello Traders, don't forget to follow this PROFILE SO YOU GET NOTIFIED EVERY TIME WE POST📲
First trading week of 2021🥳
2020, despite all this COVID issues, was a very good year to ZIONTRADES.🙏🏾❤️
Created my own trading group, we are over 350 members in all groups, banked over 13,578 PIPs during 2020.🤯
We are really ,looking forward to 2021 !😎
So, here we have a possible LONG position on XAUUSD, as American Dollar keeps weakening.
I'm expecting to hit our TP in 6 trading hours .
We will enter this trade as soon as the markets re-open.
Fell free to share your opinion with us guys👀
EUR/USD forex Hello receive a cordial greeting and I hope you have a prosperous new year 2021. The EUR/USD continues in a clear and safe bullish structure, bullish structure in the long run.
We aim bullish closest to the level of 1.25499 and
as supports in case of correction levels of 1.20689, 1.9548, 1.18047.
Honestly L.E.D. Good investment. In Spain at 29/12/2020
EURGBP - H1 - Buy - 100 Pip TargetEUR GBP Buy Signal.
- Multiple confluence on long term trend line support
- Earlier dump to be corrected (21/12)
- Weakening Pound after news on latest Covid Variant, Travel blocks from EU & the world in addition to a bleak outlook on Brexit makes Euro an attractive buy