Everyone is piling into stocks and indices expecting sustainable all-time highs. I don't think it happens without some pain first. That's it. No need to over-analyze. I trade futures, so I don't really care if I'm wrong on the long term outlook. CME_MINI:NQ1! NASDAQ:NDX
I am considering this natural gas idea for Q2 2023. Purely speculative based on the discount rate, seasonality, and that mild winters are followed by brutal ones. News released regarding supply glut has occurred, which I suspect will drive price to accumulate near 2020 lows. Cheers!
I will consider $EUR, $GBP, $JPY entries near this level on $DXY.
Who tf risks money on a Holiday- regardless of the nation- and then complains about the spreads? It ain’t professionals. I look forward to having your account by EOB next week. Cheers!
Planning to sell if there's a return to $52.70. Will gas up the Bimmer at $43 per.
I'm just thinking of current FedSpeak. Of course they're setting the long-term outlook for rising rates. Nonetheless, the manipulation has begun.
If you'd like to short and cover, the lines provide some suggestions.
Market Senitment reverses as traders view dolllar as oversold. Holding long via USDCAD until supply is reached.
OANDA:EURUSD Price turned away at the April 2018 supply zone- an area I've observed for over one year. I will be monitoring retail sentiment to indicate the type of reaction beyond, or away from demand.