Update - My post April 2, 2020, "Bitcoin & Big Oil" . First point of interest - Using MACD of USOIL (WTI) point before precipitous decline. See what happened when bitcoin closed month end above $365 NOV 2015 and thereafter. Notice in each case c.55% drop before rise. Bitcoin has yet to close out month above $9084.7. Second point of interest - Monthly Dollar...
Zones created using crossovers of Monthly 20 MA on VIX close & 20 MA of same. Like end of crash in 02 & 09 some bulls and bears think this crash will only be confirmed over when TNX closes month above 1.34. See what happened to OIL, GOLD, and DOLLAR last time (green verticals). White verticals denote VIX peak (no guarantee reached that yet). Caveat small sample...
We didnt release a daily watchlist video in a few days... but we are back!
Today we are on a mission to recover some losses from yesterday and get back to reaching our 6.5% profit target for the week.
We have quite a few trades going on WTI and many forex pairs so watch this short video and understand what we are doing and why.
The video speaks for itself, we are shorting WTI and buying EURUSD, we might take action on USDCAD... but our target for the day is to grab some GBP pips during the BoE meeting!
Enjoy the video