FernandoBorea

FernandoBorea

Hey everyone! Here is the second trade I'm taking for the challenge, enjoy! Trade Description Overall bearish short-mid term structure within a macro range. Price broke structure: it failed to print lower highs, instead, it formed an equal high as it visited the support area while stochastic formed a bullish divergence exiting the oversold area. Price action...

FernandoBorea

Hey everyone! I decided to share my progress toward the first funded account challenge. It is a $100k challenge with pretty standard conditions (10% max DD, 5% daily DD limit, unlimited time). All of my trades will have a 1% risk split into 2 trades, one for TP1 and the second one to keep it running for as long as possible. So, let's get started! Trade...

FernandoBorea

Hello Traders! Happy start of the week. I hope you are having a good end of the year holiday. :D In this idea we will talk a little more about the outlook of the US markets, mainly due to the characteristics of the recent rally, which has brought several indexes to all-time highs, once again. The recent news of the stimulus packages approval in the US has...

FernandoBorea

Hello traders! I hope you are having a good week. We will follow up on the analysis from a few days ago talking about the recovery or fall of the US dollar. We can see how the market ends up confirming the bullish flag pattern, also breaking the weekly resistance (in blue) located around 1.2200. It is still possible that we are facing a false breakup before a...

FernandoBorea

Hello Traders! I hope you're getting off to a good start to the week. This time I want to talk a little bit about what the evolution of the US dollar has been like over the last few days and what the market expects from a fundamental point of view during the next sessions. The US has been on the spotlight repeatedly over the last few days. This is due to the...

FernandoBorea

Hello traders!  Hope y'all had a good week. In this post I want to talk a little about the nature of the economic recovery that we have seen in one of the largest equity markets in the world: the USA stock exchange.  Unless you've been living under a rock, isolated and without contact with the outside, you are probably aware about the overall outlook on how the...

FernandoBorea

En este caso podemos ver como el mercado por segunda vez ha mostrado un fuerte intento de ruptura del nivel de soporte, respaldado por el canal bajista que hemos trazado hace algunas semanas. En este caso, recomendaría ver el comportamiento de las primeras horas de mercado, pues puede que veamos un pull back. En caso de que esto ocurra, el esperar un patrón de...

FernandoBorea

En este caso vemos como el precio al final termina por romper el patrón triangular del que veníamos hablando desde hace varios análisis. En este caso, debemos prestarle atención a la linea de tendencia marcada con la linea punteada pues podría comenzar a ejercer presión al soporte, abriendo la posibilidad de una ruptura, o bien, que la misma linea de tendencia...