Preparing for a long position, once breakout happens, we execute, we have been waiting on this one all week, let's see how the week going, but long and and hold.
Short for now until possibly 1650 region support, once there, looking to go long, as per my previous post in 2019, gold will go long forever as long as there's market instability or mistrust of some sort, gold will always be the backup. Furthermore, gold is going short in respect of the vaccine that just came about. Once the vaccine hype is over, gold will go long...
Oil is not my favorite instrument to trade, I just use it as a general market indicator, high oil price = high demand on goods...so I integrate & I use it in conjunction with other indexes to trade US indices and UK indices
Bullish on the rise...I think Investec or any local hedge funds need to hire me lol. But plain and simple bullish flag, AB=CD pattern formation.
I really only use SPX500 as an index to Nas100 and sometimes dj30/us30 so this is my perspective on what will happen on either nas100 or us30 in the next few hours or days.
Waiting for clear signal direction, "if" and "then" self explanatory actually.
Already secured my long, just waiting to see if I will reach 0.96950 region or not, post breakout of resistance, I will look into getting a second entry of course.
I am anticipating a long more than a short on this one, I will await my confirmations, however, any direction I am willing to be fluid with the outcome.
It is always good to have fluidity in perspective and opinion this is my second opinion on USDCAD although my sell gave me good profits, I will remain fluid for any market possibilities.
Current long will sustain into Asian session, hopefully the asian session will bring enough liquidity for a short position.
Currently the short was successful, with the vaccine hopes being more eminent, are we going to reach 1800 next?