One DAY one BURST : Good bye Vuitton.Hello guys, as you can see since Yesterday CaC 40 is my new victim.
What is MC ?
MC/LVMH : is a French multinational luxury goods conglomerate headquartered in Paris. The company was formed in 1987 under the merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and Hennessy, the cognac manufacturer.
LVMH has take the lead of the luxury market and is showing huge returns.
My view :
Much actions on the CaC 40 and more generally in Global Stock market are showing signs of parabolic growth. Everyday i select an action where i see sign of weakness in the parabolic structure. This type of trade is highly speculative but offers huge returns.
Technicals :
The 5rd wave is extended to 4.618 of the 1, that's show over price territory.
RSI and MFI are both overbought and divergent.
In Hyperwave theory the parabolic structure looks complete.
Type of Market : Irrational (Bubble).
Type of trade : Reversal.
Stop loss : 416.
I hope you are enjoying this post, please like, share and comment to show me your support.
Let me know in the comment section which chart (Stock/Forex/Crypto) you would see me to analyse.
DISCLAIMER : I'm not a financial advisor. You trade at your own risk. I can't be responsible for your losses.
Luxury
Long term investments - 2019: LVMH - LVMUY - MC.FRLong term investments - 2019:
This is a series of posts on long term investment for 2019.
Every serious investor establishes a solid money management with a balanced risk factor.
Investing 100% of your savings in forex or crypto currency is like make a blind all in at poker.
So a key factor is to choose which asset allocation suites better for you and to found low risk investments on long term.
This investment and assets suits my needs.
Today choice is LVMH group but could be other luxury assets . This is why:
1- The World Economic Forum (WEF) pubblished the new World Inequality Report 2018 where it is highlighted an increase of inequality between high and low salary. As a consequence, who has money can spend more in luxury stuff and luxury assets will continue to grow in long term.
2- Technically speaking, the first strong resistance area is between 352 and 364, so there is enough room at north for increase its value.
3- Looking at seasonality charts (2015-2019), best moment to buy are January, July and September.
If you like my ideas and scripts, please leave a feedback and follow me.
Platinum short biasWelcome to everyone.
i just want to share a small thing here about xptusd. There is daily strong supply CP which would actually take some time to break. How it is strong? Because zone 1 (said CP) have been broken the previous strong demand (zone2).
There are some rules in supply and demand which we follow strictly that never allows right now to go long more.
Lets see what gonna happen.
Happy Trading.
Trading Psychology- Master your Mind and Money BY BEN WRIGHTSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Trading Psychology- Master your Mind and Money
Are you continually loosing money and not knowing why? For the past decade of trading the financial markets, I believe psychology is so vital to trading success. Below is a small snippet of questions that you need to ask yourself prior to entering the market so that you are in the best condition to compete;
1. Have I slept well?
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2. Do i feel emotionally and physically fit?
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3. Am i following other people's opinions?
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4. Am i following my head or my heart?
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5. Have i received losses lately? Should i be entering the market? If so do i have a drawdown procedure in place?
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6. Have I had a series of winning trades? If so monitor your behaviour and ensure your ego doesn't cripple your performance
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7. And many more...............
Let me know if you have any questions or would like to know more :)
Happy trading
"Rule number 1: never loose money. Rule 2: Never forget rule number 1." Warren Buffet