20221003, EURUSD, Euro/U.S. Dollar, 12 hr
In brief:
A strong trend persists. Hold the short position.
May try to do the short-position as hitting the pressure line.
20220926, EURUSD, Euro/U.S. Dollar, 12 hr
In brief:
A strong trend persists. Hold the short position.
Too clear to say more.
Welcome to follow us and leave a comment : )
20221003, SPY, SPDR S%P 500 ETF, 1 hr
In brief:
1. For SPOT of SPY
Nothing to do this week.
2. For Contracts
Still in the downward trend, even stronger.
As a trend follower, this price/position:
a. Holding short position, set stop loss well
b. Do not do the short-entry position
c. Do not do the long-entry long position
20220926, ES1!, S&P 500 E_mini Futures, 1...
20221003, ETHUSDT, Ethereum/ TetherUS, 4 hr
In brief:
1. The short-term pressure line was not crossed by the price.
2. Currently, there is a box. You may try a reverse strategy with a strict stop loss.
As a trend follower, this price/position:
a. Holding short position, set stop loss well
b. Try short-entry on the top of the box and set the stop loss.
c. Do not...
20220926, EURUSD, Euro/U.S. Dollar, 12 hr
In brief:
A strong trend persists. Hold the short position.
Too clear to say more.
Welcome to follow us and leave a comment : )
20220926, ES1!, S&P 500 E-mini Futures, 1 hr
In brief:
1. For SPOT of SPY
Hitting the mid-term support line.
- Average down cautiously is a good way to have SPY, in our opinion.
If you plan to have SPY *** over five years, try 10 % of your total current cash is reasonable here.
- You may take a 2-year loss on the paper. However, the time will justify this.
--...
20220926, ETHUSDT, Ethereum/ TetherUS, 4 hr
In brief:
1. Hitting the short-term pressure line
2. Still in the downward trend, not a good position to do long.
- Yes, you may do long-entry with a good price this time; however, this is not a good idea in the long run.
As a trend follower, this price/position:
a. Holding short position, set stop loss well
b. Do...
