DaveBrascoFX

DaveBrascoFX Updated 

strategy short trend NIO delivered 6,658 vehicles in April 2023, increasing by 31.2% year-over-year NIO started the delivery ramp-up of the EC7 in late April 2023 NIO delivered 37,699 vehicles year-to-date in 2023, increasing by 22.2% year-over-year Cumulative deliveries of NIO vehicles reached 327,255 as of April 30, 2023 SHANGHAI, China, May 01, 2023 (GLOBE...

DaveBrascoFX Updated 

short term long.If pullback is supported by low volume long. IF the pullback will be followed by high volume short Salesforce (CRM) One of the biggest players in the cloud-based customer relationship management (CRM) domain, Salesforce (CRM) provides solutions to bring companies and customers together through its platform. Beginning in a San Francisco apartment...

DaveBrascoFX Updated 

Year-to-date, bitcoin prices are up 72.7%, and crypto ETFs like the Valkyrie Bitcoin Miners ETF (WGMI C+) are also impressively up 128.9%. WMGI is currently the highest performing equity ETF YTD, while the remaining top 10 ETFs are all also crypto-related ETFs. This outperformance has been catching investor interest, but flows haven’t been matching up. WGMI has...

DaveBrascoFX Updated 

#CathieWood Baught this stock...I analyzed it....and …...well....I would do exact the opposite...... But why? Technical Analysis Let forget eveything you know about technical analysis, and let together tell this story....logically.. At 76-71 USD AGGRESSIVE SELLERS FORCED THE PICE DOWN 29,72 USD BUYERS DEFENDED THIS Area(ZONE) as well the sellers took...

DaveBrascoFX Updated 

Weekly Commitment of Traders update highlights future positions and changes made by hedge funds and other speculators across commodities and forex during the week to August 9. A relatively quiet week where a continued improvement in risk appetite drove stocks higher while softening the dollar. Some commodity positions, with crude oil the major exceptions, showed...

DaveBrascoFX Updated 

STRATEGY SHORT MORE ADDITIONAL SHORTS WTI bears waiting to pounce but bulls are strong West Texas Intermediate, WTI, has rallied towards a key resistance area as the following charts will illustrate. However, while a subsequent sell-off might be expected while on the front side of the bearish trendline resistance, there has been a firm layer of support put...

DaveBrascoFX Updated 

OIL STRATEGY POWER SELL Already predicted the Fall of ENERGY and Oil months ago. Crude oil prices edged lower Monday, extending a two-week slide in which macroeconomic concerns and signs of weakening refined product demand have outweighed a surprise supply cut made by some OPEC+ members on May 2. A group of large oil producers led by Saudi Arabia said Sunday...

DaveBrascoFX Updated 

USD/JPY hits fresh multi-year high, holds above 119.00 amid resurgent USD demand FUNDAMENTAL: 1 USD/JPY caught fresh bids on Friday after the BoJ stuck to its accommodative policy stance. A goodish pickup in the USD demand provided an additional boost and remained supportive. A softer risk tone could benefit the safe-haven JPY and cap gains amid overbought...

DaveBrascoFX Updated 

What do Bitcoin's defenders say? Some of Bitcoin's most ardent defenders have tried to paint Bitcoin as green as possible. The Bitcoin Mining Council was created earlier this year to “promote transparency” about the industry. The Council shared a presentation in July that claimed 56% of the electricity behind the crypto came from sustainable sources. Fed...

DaveBrascoFX

One of the popular pairings across the worldwide foreign exchange market is EUR/JPY. It represents around 3% of all daily transactions and is actually the seventh most-traded currency pair on the market. Investors and traders alike look to the euro/Japanese yen currency pair because high levels of volatility can provide plenty of trading opportunities Most...

DaveBrascoFX

SHORT The Alibaba (BABA) share price has struggled so far in 2022, falling by 44.7% year-to-date (YTD). Chinese e-commerce and technology sectors are facing fresh challenges: The Nasdaq Golden Dragon index, which tracks US-listed shares in Chinese companies, shed a record 14% following announcements that Xi Jinping has extended his rule to a third term as...

DaveBrascoFX

Palladium prices have spiked following the invasion of Ukraine by Russia, the metal’s biggest exporter, yet stabilised further in 2022 as chip shortages and the push for electric vehicles (EVs) depressed automotive demand. On the supply side, with floods and weather conditions overcome, analysts suggest a palladium surplus in 2023 is possible. Where next for...

DaveBrascoFX

Aluminium trend short Aluminium prices have fallen over 10% since late January, which originally saw prices spike above HKEX:2 ,600 per tonne as the ending of Covid-19 restrictions in China saw demand for the metal rise. Prior to this aluminium prices had dropped about 40% below record levels in late November 2022 due to weak demand outlook for the industrial...

DaveBrascoFX

MID TERM LONG The price of copper has made some headway after falling to its lowest level since November 2020 on 15 July 2022. The metal started 2023 at $3.84 and has risen 6.7% to trade at around $4.10 as of the time of writing on 14 April, although base metal prices have retreated significantly since the record highs seen in March last year. Metals markets...

DaveBrascoFX

Trend trading strategies are very valuable as a trader. The term the trend is your friend is fitting when trading stocks. Knowing how to identify the trend is very important because it gives important clues for entries and exits when trading. "Whatever method you use to enter trades, the most critical thing is that if there is a major trend, your approach should...

DaveBrascoFX

Commodities Are Best Traded with Trend Following Delivering a comprehensive service of trading systems, risk management strategies and psychological guidelines allows our customers to trade in less than thirty minutes per day. Arabica coffee futures in the US traded around HKEX:194 per pound after hitting an over 6-month high of HKEX:205 on April 18th, on...

DaveBrascoFX

WHAT TO SAY ABOUT NASDAQ? WELL! War is old news, Recession the new News,...Rates hikes,.... Did You know that also others know it? Pelosi and FED Chief Powell have a lot of Stocks in Russle2000 and NASDAQ,US30 and S+P500. Shake the market high by Interest Rates hike. Shake it higher by Interest Rates cuts. My Strategy: Buy longs, Profit Taking, and again Buy...

DaveBrascoFX

THE OIL PRODUCING COUNTRIES AND CARTLE MEMEBERS GAVE THIS ANSWER: BIG NO ,,PUNCH,, to the Europeans and non-producing oil countries who want to dictate them the Oil Price. It is a era of the colonilistic countries like Germany, GB, Belgium, Italy, France, Scandinavian and others is over. It is simply over. They are losing everywhere their financial-,...