A mentor asked my thoughts on FX:USDMXN continuation. the quick answer; - Trade between the US & Mexico has never been so pivotal. (Banks will increase transactions and trust.) - CFD journals are lagging bringing any attention to the market just yet. More marketable reasons below; For the fundamentalist reader, - Mexico / US driven to...
The Oil range has been riddled with all types of trader manipulation including a threat from middle eastern oil ministers. The only traders smiling now are the ones who bought dips consistently over the past few weeks. The range was a setup for a large breakout. Getting traders used to earning for dumping at the top of the range created a dip buying opportunity...
Peso fundamental's and the lack of retail coverage, quiet mover. The Mexican peso traded at 17 per USD in July, its strongest since November of 2015 as evidence of a resilient Mexican economy supported forecasts that the Bank of Mexico will remain hawkish for a prolonged period. Fresh PMI data showed that the country’s manufacturing sector expanded in June, the...
The name of this deal is how I remember to stay on the look out for shorts in this market. They have things going in the Aussie and I don't think they have too much to worry about. But... in the near term we could see a sell off. The Gold business is taking a step back and I can see 1777.00 playing out as most retail money is targeting longs above at 1850...
There would be a pop on the 16th. Followed by increased volatility. Could twitter news bring the currency into focus? .14 cents a coin is too cheap to ignore. The theory is elementary, but so is pattern recognition.
Stocks still look good as the S&P Touch lower support for the first time in months. Could be a sign of upcoming consolidation.
Watching the MA is the move right now. Volatility is high and the calm is in the average price. Let's review price actions relationship monthly and annual averages with each other to get a good perspective on the match between humanities's COVID19 and the Fed's Money Supply initiative. email me; ash@complimention.com
TVC:SPX Watching the MA is the move right now. Volatility is high and the calm is in the average price. Let's review price actions relationship monthly and annual averages with each other to get a good perspective on the match between humanities's COVID19 and the Fed's Money Supply initiative. email me; ash@complimention.com
TVC:SPX Watching the MA is the move right now. Volatility is high and the calm is in the average price. Let's review price actions relationship monthly and annual averages with each other to get a good perspective on the match between humanitie's COVID19 and the Fed's Money Supply initiative. email me; ash@complimention.com
Watching the MA is the move right now. Volatility is high and the calm is in the average price. Let's review price actions relationship monthly and annual averages with each other to get a good perspective on the match between humanities COVID19 and the Fed's Money Supply initiative. email me; ash@complimention.com