After a massive month of uncertainty with economic, political and COVID distractions, the fundamentals look good if Trump's plans herald the biggest shift to local manufacturing in modern times and associated stimulus and use of powers to order the transformation. The markets are waking up to the possibilities with less regulations and more money going directly to...
Highly speculative as traditional indicators only suggest neutral movement instead of correction! However, all markets seem very jittery and prone to exaggerated movements currently, so could Gold suddenly reverse and ignore normal trend of falling when stock market rises with good economic data is released and rising during this current period of...
After a steady rise and likely coming strength from treasury bills the current EU debacle continues with impasse. Markets reacted badly on other GBP pairs so expect USD to follow. Time to cut CABLE? GBP is close to natural resistance and therefore any early gains will be reversed after early trading. Entry 1.251 after awaiting NY session to open then tp1 1.235...
After the peak comes a correction. Hitting 27000 could have meant steaming on to 30000 BUT a major reversal came on Friday could have been short-lived, however, break in trendline too severe following economic and political tensions beyond a traditional profit taking session. Highly speculative signal that the market will correct further to below 24000 for...
This pair has trended down taken a break and threatening to make middle of the night grand push upwards. Ex-Investment Banker's tip showing an accumulation of buy orders pending so very speculative but could be highly profitable. Wildly channeling between 134.90 and 135.35 and tp1 expected at 135.70, tp 2 136.06 and if keeps running tp3 close to 136.97. Risk no...
Only serious market reverse will stop US 30 hitting new highs. All indicators suggest tp1 of 25701 and tp2 in range of magic 27000. Moving currently in a predictable channel so suggest entry between 25630 and 25566. Bulls to outrun bears before major correction. Always consider protection from loss from any trade idea (The Market knows best) so suggest 5% or...
This is my first trade idea based on confirmatory indicators seeing Eliot Wave completion and potential to break out higher after a retest, so guide entry is 0.65278 with potential to ride to initial tp1 0.65666 and then tp2 0.66666. MACD, SAR and Stochastic all pointing upwards. Wait for opening candle completion e.g. 1 hr to cater for early day movements and...