Hi guys, I will be presenting a trade idea that is of a much larger scale. This trade idea involves predicting the next recession - something that is at the back of almost every investor's minds.
I will be proposing an open trade at 45.06, which is represented close to the fibonacci 0.786 level, a stop loss at the 51.94 level (which is close to the previous...
Hi guys!
We are looking at an excellent LONG opportunity with the USD/MXN. We will be looking at a conservative take profit at 20.213 and a riskier take profit at 21.87. We will also be putting our stop loss at 18.65. The chart shows a bullish pennant, which will hint at a bull run in the near future. The first take profit is indicated by the 0.786 fibonacci...
As the trade war presents many other uncertainties, looking into the frontier markets could be the best alternative. Frontier markets are not very affected by global events, but we have an underdog that may just rise higher than the other frontier markets.
Vietnam has always been deemed as one of the main countries benefiting from the trade war. As one of China's...
Fed Rate Hikes usually signal that the market will turn bullish as the economy gets stimulated. However, it would be fair to say that this fed rate hike has definitely already been priced in.
With the ongoing trade war and the economy being at its most unsure, bullish sentiments are also being shunt aside due to all the indicators that a recession is coming...
We are looking to short oil on a few factors:
1. USA AND CHINA'S TRADE WAR
This will be a catalyst for the drop in the price of oil. One of the main driving factors of oil is cargo shipping, and if the additional tariff is placed on China, there will be a significant drop in the amount of cargo being shipping.
2. DUTCH COMPANY PORT LINER IS BUILDING TWO ELECTRIC...
The market looks bearish following the bad reports from major players like Tesla, and the investors' sentiments seem to shift towards the the other markets like bonds and gold.
However, the impending financial crisis has yet to come. Throughout the year, the country has experienced a few healthy retracements following the news of the ongoing trade war, but these...
