GBPNZD Short Trade SetupTrade based on Fundamentals and Price action. With Risk Management You will Never loss.
WAR
EURNZD Short Trade SetupTrade based on Fundamentals and Price action.
With Risk Management You will Never loss.
A big hungry BEAR is coming for long time - BTCUSD - all marketThinking about future, it looks not good. National debt is growing to unthinkable values. People are loosing jobs. Most markets are in a bubble and are growing faster than ever before. Oil market falls to zero. And especially, all bigger investors are selling their stocks, their realty, their companies. Why? They know, what is coming? A war? A pandemic? A real pandemic? Who knows. But, it looks not good. All market, worldwide. Include Gold and Bitcoin.
EURUSD - WHO IS DEFLATION WINNER?Not legal and financial advice; any information provided here is only the personal opinion of the author.
Cheers!
Economic & Monetary news N° 14> Powell set to deliver 'profoundly consequential' historical speech in a few hours, want to avoid becoming jp 🚀
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Not in any FX right now, but using my sucker broker guaranteed stop or kickout options maybe it is possible to play this on both sides?
You know I think the USD will make 1 big candle then go the other direction, I have some pairs I am watching been waiting for a while. Better be ready tomorrow.
"Profoundly consequential and risk-friendly move to soft inflation averaging at the Fed’s upcoming September meeting"
So... alot of consequences but no move? XD
Well we will see. Interested in USD reversal and/or a new trend.
Also have to remember to go to forums see how many gamblers are doing "daytrading TA" with no clue what is going on, there are probably also a bunch of ideas from "experts" on tradingview ^^
ECB must be very worried they might start losing the race to 0 :)
> STUDY: Signaling virtuous victimhood as Indicators of dark triad personality. We are back in the dark ages 🤦♂️
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Who would have thought?
Dark triad personalities are narcissism, machiavellianism, and psychopathy. All the finest stuff.
pubmed.ncbi.nlm.nih.gov
www.gwern.net
By the way if you did not know research papers are free, if there is a paywall by a site you can access the article elsewhere and as a last resort you can ask the author for it by e-mail.
We wouldn't want to overwhelm them with requests, but my little finger tells me there are 3 to 4 people on the whole planet that do this.
The rest of humanity is too busy believing in hoaxes, watching CNN, and so on smh.
Welp, America is falling into an absolute cesspool. The middle ages are back. Let's see how fast they go from an image of advanced rich liberal country to a supersticious group of villagers straight out of the simpsons.
Witch-Hunters are getting more and more mad, oh they amusingly tried to harass bikers. Did not end up well. Haha!
There have been clashes between suburban population and witch hunters.
Witch Hunters are acting less and less "science friendly", funny coming from people that were mocking people skeptic of climate doomsday calls and comparing them to flat-earthers and "science-deniers".
Reminds me of the church. Over 1000 years ago "These pathetic pagans are supersticious idiots, come to us rather. Witches do not exist. Their culture is primitive they think garlic scares spirits away".
A few centuries later "YOU ARE GUILTY OF WITCHCRAFT. BURN THE HERETIC WITCH".
Mainly ugly girls struggling to get a man accusing them. All supply & demand, the male gender contains a vast amount of complete idiots, 50/50 if they'll live to 25, only recently governments prevent natural selection, that plus the millions of male illegal immigrants coming in, but for all of history until recently sucks to be a woman.
#BLM. Blackmetal Lives Matter.
At least with actual witch hunts there was a logical supply-demand reason... What is the reason now? Soros mad he got liquidated after Trump election?
> Torn by ethnic cleansing, South Sudan ran out of FX reserves and cannot stop their currency going to zero 🐻
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Their troll currency went to zero in 2016 then flatlined. Looks like another jump to zero is coming soon.
The chart is not on tradingview but you can find it elsewhere easilly.
I have an idea about race wars but idk it is pretty taboo so I'm in no hurry. But the race wars are starting even outside of Africa, which is by very far the most genetically diverse place on earth. Africa is going to go boom. No one will be able to deal with the refugees.
Different people never manage to live together. It is how it is. They can still have good relations, each in their country or state.
Dum dums can go with their heart and believe in miracles, I will go with the 100% hitrate proven and tested reality.
Europe is full of muslims, but they quickly stop caring about their previous country culture, and the genetic distance between ethnic christians & muslim is non-existant, they're so close you'd think they are inbred. Should not be a huge deal. Blacks thought... It is how it is.
> Greece Turkey angry at each other, world war might come soon, EU still baghodling Greece "more stimulus" 🐻
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Erdogan: No compromise no concession we will never step back.
NATO has ships all over the place, defending their bags in GREECEQ. Maybe we should "lend" them more money.
USDTRY looks like it is ready to soon go vertical.
Erdogan gave a speech at the occasion of the Turk victory over Byzantine like 1000 years ago.
I piss myself when I see those, because it reminds me the "turks" are just so delusional and actually think they really are turks.
What happened to the previous population? Vanished into space? Why do turks look caucasian not mongol? Why do dna tests say 45% European 40% middle eastern 15% Turk 100% delusional? 😂
People are having absolute existential crisis as cold hard evidence is adding up and going in the opposite direction of their absurd obviously false dogmas.
> So one of my broker is allowing up to 1000 leverage to retail in France (AMF max is 30), via a weird option 🤔
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I read the ESMA pdf a while ago and they allow this, not sure if the AMF does too, they are pretty incompetent they might have forgot, or whatever they said they just continue the ESMA rule after all.
This broker has been making it hard for me to place regular trades, they force guaranteed stops and now those (not all the time but often) are 50 ATR wide something completely ridiculous. Big min orders and all too, and none on their casino options, like they really want people to go there.
Those are not very transparent, I can't see what the fees really are simply, and the listing changes all the time and I have to manually calculate the underlying price and re-calculate every time they change which is all the time.
They sent me a mail presenting their new "calculator" that does this, I have no seen it on the site yet maybe not live maybe hidden somewhere did not really insist.
900+ leverage... So that's a stop of 0.10%? And how much of this are spreads?
I like liberty but this is just dumb. They'll always find ways to go around the system. The casino is open for business. Thank you for playing.
> Airbnb struggling, launches an IPO, W Buffet adviced Brian Chesky To ‘Get Rich Slow’ (and legally I believe) 👜
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Airbnb trying to take advantage of the bubble top fomo, with an IPO clearly targetted towards uneducated retail investors.
Years ago Buffet adviced the CEO to go more slowly, and he slowed down operations a bit.
Now that the company had the worse period ever it is time for the CEO to scam gullible investors to keep fuelling his lifestyle - er I mean it is the perfect time to launch an IPO and take his company to the next step.
CNBC Jim Cramer is calling it a steal and basically saying noobs should buy.
Well at least it does not sound like a complete scam as a business, they're just going to take some sucker money off their hands at the peak of the bubble.
USOIL and the War effects.Hello, traders.
In this analysis can see a big downtrend on USOIL, in this moment, the value is not having the best days, the Coronavirus effect and the comercial war between Russia and Arabia will give to us a new LL, as you can see, the structure is very bearish, so we will wait before the fall a confirmation to the entry in the value, this confirmation could be the retest in the last broken Double Bottom, so put an alarm there to get the best entry!
Good luck with your operations this week, have a good risk managament and be careful with the volatility.
Incoming rocket are you ready for big move up to 21$ ? Okay as we know silver has completed an impulse move followed by an almost completed WXY pattern
gold silver ratio is at all time highs and about to fall .
our trade date is Monday night. 2nd march entry price as close to 16.00$ as possible.
SL can go around 15.7$
our take profit date is Monday 9th march. end target around 20-21$
good luck and happy pips
OIL PRICE WAR..Saudi Arabia/U.S/russiaThis weekend Saudi Arabia dropped the oil bomb. It not only cut its forward crude price to Chinese customers by as much as $6 or $7 per barrel but is also reportedly looking to raise its daily crude output by as many as 2 million barrels per day into an already oversupplied global market. Look out below.
The move by the Saudis is both a market share grab and a loud signal to Moscow that it’s done playing games. The dramatic action is in response to a contentious and ultimately failed, OPEC meeting in Austria on Friday. OPEC members laid out a proposal to further cut oil output quotas by as much as 1.5 million barrels per day.
OPEC itself was aligned on the deal, but non-OPEC member Russia said “nyet,” effectively killing it. A source inside the negotiations tells me that as the two sides worked out production cut plans, in the end, the “red lines weren’t even close.” The source added that the Russians “definitely don’t want to continue to support shale” at least in part because the Rosneft sanctions were still “too raw.”
XAUUSD ultamate planGold is making a minor retracement we can get ready to buy again as there seems like no chance of hostilities in the middle east lessening in fact it looks to be getting worse. ( if u guys want I can post info on the war like links and meetings if anyone needs it just comment).
if for some reason war stops gold will drop all the way back to where it started.
XAGUSD SilverUSDAfter all the exuberance from war dreams, silver is taking a breather. Short term traders are taking profit, while large systems accumulate real silver at a continued bargain. I expect some consolidation; might as well slowly buy into these lows.
This is not trading/financial advice.
USD bearish against MYRIn a monthly time frame, it is clear that the pattern forming descending triangle and forming double top inside the major pattern. Although the major trend
still uptrend, but the price move near the support line with the RSI 40%.
After breakout double top pattern, the price might be pullback to the breakout point and wait for bearish price action to short, thus, set the 1st TP @ 3.8556, 2nd TP @ 3.7364, 3rd TP @ 3.5567.
In terms of fundamental, USD bearish due to few crisis such as US-IRAN war and US-China Trade War.
DISCLAIMER: THIS IS OPINION BASED ON MY PERSPECTIVE. FOLLOW AT YOUR OWN RISK.
Trade Ideas Position: USDJPY SharkA bearish shark might be caused by the recent conflict between US and Iran. Will observe the closing price at Point D completion to see if it is a great trading opportunity.
Trumps speech impact on BTC prices will the POOP pattern hold? This sounded like a last warning we'll have to see how Iran will react to this.
I'm interested in your thoughts post them in the comments!
Dow Jones head and shouldersLooking at the unfolding events so far between USA and Iran, it seems like tensions are escalating and the fear of war becoming more pronounced. Last week we saw massive gain in safe havens and news over the weekend are not reassuring.
Technically, we could start seeing a H&S pattern with RSI divergence. Looking at earlier entries here to minimise risk, since one positive bit of news could send the market flying. Tomorrow waiting for the White House and Iran announcements for further direction.
Good Luck!
Not Big Move Yet in Altcoinsthe thing that makes me to wait to see altcoins moon again is that i'm really bullish on bitcoin. i think bitcoin will break all resistances in 2020 and my reason is halving. i see again these patterns repeat themselves over and over again.
-see some bullish move on altcoins
-bitcoin to start to move up
-and when bitcoin moves up nothing happens to altcoins and whenever it retraces, altcoins start to bleed.
so the best scenario for altcoins is that they start to move up from here but in a low slope manner then when bitcoin reaches a new ATH then start to moon.
so the best place to put your money in these day of tension in middle east is BITCOIN i'm seeing a correlation between fundamental reasons and technical reason behind this future bitcoin rally that is about to start very soon!
War = bitcoin moon
because everybody in iran will leave country with their bags full of bitcoin and i see a price separation inside iran from dollar to rial in pricing bitcoin. let me explain
in iran bitcoin price is measured by dollar for example if USD to IRR Exchange rate is 140000 Rials and bitcoin price is 7000$ then bitcoin price here in iran will be 980000000 Rials.
but it exists with a low volume and low liquid manner. because the bitcoins existed inside of iran is very low, why i say that? i say that because 2 mounth ago we have our internet disconnected from world so all inside the country miners all shut down but nothing spectacular happened to bitcoin hashrate and also here in iran people do not have a international bank account to buy bitcoin from bitstamp or coinbase neither they are allowed to do that because of sanctions of US. so only bitcoins that exists in iran comes from domestic miners. these arguments together with high spreads in domestic crypto exchanges around 3% (yeah 3% spread!!) in iran proves me that the amount of bitcoin in control by iranians is low compared to the demand of it.
i'm predicting bitcoin price to take off in iran and get it's own way separated to USD and will be explosive.
i have read some articles about this before but they are non-sense because they look at official exchange rate of USDIRR from tradingview or anywhere else but it's not true, the thing is you can not in any means buy USD for 43000 Rials inside of iran. right now that i'm writing this idea the actual exchange rate is around 139700 Rials. so do not get confused. for anyone outside of iran it is hard to find open market price because we don't have well established markets here for currency trading. it is traditionally traded thing and the charts are not appropriate.
these things together makes me think that a bull market will be triggered soon by these tensions and my reason is fundamentally valid. and technically i see signs of it considering big rally to 14K and it's big retracement to 6.5k. now is the time to buy. don't hesitate. bitcoin will be explosive, you will wake up every day and you will see bitcoin increased 2000$ every single day! of course with retracements! i was kidding but something like that.
so to everybody inside iran i suggest to buy bitcoin right now when everybody start to buy you will not be able to load exchanges websites!
How We Predicted the Iran Strikes.Just three days into 2020, and two trading days in, the market reacts to big geopolitical news which shakes the markets.
It came out that President Trump ordered a hit on Iranian General of the QUDS force, and Iran’s top military commander, Qasem Soleimani. Markets fell on the news but recovered to end the week close to where they opened, making up for the down move.
We saw the safe haven assets go up : Swiss Franc and the Japanese Yen as well as Oil.
Let us begin with the obvious: Oil.
Readers of this blog and my work know that when Oil turned down in 2014, governments forced banks to provide loans to these oil companies to ensure they do not LAY OFF any workers. These oil companies are essentially zombie companies. Oil cannot be allowed to fall because it affects the banks. Oil will be propped up and will continue to be managed higher because it means energy and the financial sectors do well…which make up a large component in the US stock markets.
We expect markets to still go up. The sell off we saw is likely people wanting to close positions for this weekend due to the uncertainty, but this will likely be short lived. Do not forget that for a money manager, there is still nowhere to go for yield except the stock markets. This will still force money into stocks. Ironically, many funds have been going into energy because it looks attractive compared to everything else…even though oil fundamentals are not the greatest. This is a chase for yield.
Let us not forget about Saudi Aramco as well. The Saudi’s now have even more incentive for higher oil prices.
Now onto how we have predicted a future conflict.
That post linked below describes the situation in more detail, however I will summarize the major points pertaining to Iran here.
Simply this has to do with the US Dollar, and how Russia and China are attacking US Dollar Demand. As long as the Dollar remains the world reserve currency, the Americans can print as much money as they want and not worry about their debts and deficits…a situation the French called “exorbitant privilege”. Russia and China are attacking Dollar demand and are positioning themselves (even instigating) a situation where the Dollar gets stronger and nations choose to NOT use the Dollar for trade due to this strength.
My readers know my take on the US Dollar. As the Dollar goes higher, the worlds problems exacerbate. The Dollar is very well what is motivating the Fed to cut rates and other extreme measures to attempt to weaken the Dollar…but it will not work.
Iran is key to Russia and China because Iran does NOT take US Dollars for their oil. Nations which have seen their currencies decimated already by US Dollar strength, like the Indian Rupee and the Turkish Lira, cannot afford to use the Dollar for oil anymore and hence why India and Turkey have been buying oil from Iran. Japan, South Korea and European nations also do so, however the Asian nations mentioned and some European nations stopped due to US pressure.
Iran is key to Russia and China for their Dollar plan. Russia is also getting close with Saudi Arabia. Putin and future King, Crown Prince Mohammed Bin Salman, becoming quite the pals. I have speculated that when he becomes King, he could very well drop the US Dollar for oil and Russia will protect the Kingdom from American retaliation.
Why? Well as the Dollar gets stronger, Iranian oil looks more attractive. This means the Saudi’s are losing market share to the Iranians. It would be in their best interest to also drop the Dollar for oil. What is the big factor is the fact the Saudi’s know they are in a prime position right now. The Saudi’s can tell the Americans to deal with the Iranians otherwise they will have to drop the Dollar and accept the Russian and Chinese conditions.
For the US, this is a big part of their future decisions. The US has to maintain US Dollar demand, and the best way is by using the military. The US military is now technically the armed branch of the Federal Reserve.
We have seen in the past nations like Iraq and Libya threatening and implementing plans to drop the US Dollar for oil…look what happened to them.
Russia and China are in the way right now…they will not allow Iran to be destabilized or taken out.
The US really has two options: war and/or some sort of capital controls which would see the Eastern sphere literally break off and develop into their own block as many nations look to Moscow and Beijing given the actions of the west. I have written about the war card extensively. It really is a seriously discussed option and US generals are speaking about how they must act within two years.
Quite the start to 2020 but we have not seen anything yet in terms of geopolitics and monetary policy.
XAU/USDGold is very volatile to trade as of now due to the potential war outbreak between Iran and the US. Gold can continue increasing value if there is a war and there are ore rumours of war or one attacks the other. This coinsides with the theory that if the world ecnomy is doing bad, gold price increases. The same theory goes for the opposite direction.
Sell gold if there is no news for min 3-5 days.
USDCHF SELL TARGET 0.95700Good evening from the UK. As there is alot of economic volatility it is good to know a few good tips about the markets and how investors react. Currencies can become very volatile is there is a threat on specific economies. the dxy can be impacted negatively due to the iran gestures and drama.This could see investors pull investments out of US assets/stocks/currency and place their capital into assets of solidarity. These could be aspects such as commodities like Gold & Oil where prices could rally to the upside against the dollar or short the dollar against certain currencies. In this case this is what I have as a bias today.
We have had 5 bearish weeks for the US Dollar. Investors see the Swiss franc as a safe bet as the thrive of the Switzerland's fantastic economical infrastructure and stability. With threats on the USA looming we could see a continuation of this. Linking it to the Daily technical timeframe, I see price rides underneath the EMA and a slight pullback/retracement the end of last week possibly ready for more sell positions from investors. We will need to see how price opens after the weekend to determine this but a break below the monthly support could be possible. This is a strong support level so a double bottom could form. Price has not closed below 0.96600 since September 18, could the time be now? A great pair to keep an eye on.
Silver trade updateThe break at the low of wave 4 is going well and war tensions between Iran and USA are increasing demand and prices for safe havens.
So far no positive news is out regarding the conflict. Looking at the overbought shooting star candle at around $18 level, it would seem that a pullback could happen. So far still bullish on silver and gold. Waiting for new highs to add more long positions, stop below the recent highs.
Fundamental news is key here so watch the twitter feed for announcements
USDJPY trade planAfter unprecedented attack from USA sanctioned by Trump the week turned into quite roller coaster. War threats with Iran have created a fearful first week in the market as safe havens surged with gold and silver gaining around 2.4% and 2.7% respectively since the start of 2020 as investors are trying to protect their capital from exposure in risky markets. JPY of course was a massive gainer, USDJPY fell through the channelled resistance and now found key support level just below 108.
This weekend we are waiting for the new development between US and Iran to understand the next direction of this pair.
A fall through support would indicate continuation of a short trade.
Looking at 1 hour time frame in comments section a down trend line and small resistance zone show potential level for reversal and a buying opportunity.
This trade will be largely determined by fundamental news from Iran and White House and I will update whenever news come out.
Good Luck!
