Spotify is still bullish and one it breaks out of the current consolidation it could push further up so it was worth keeping an eye on, with a new and more infectious variant of COVID we see many large economies becoming even more ANTI SOCIAL and this should benefit antisocial players in the world of equities.
GBPJPY H1 - Bit of a consolidation break seen amongst GBP pairs this morning, yesterdays selloff influenced by the UK third national lockdown confirmation (selloff was seen ahead of the announcement), consolidation seen over the eastern, and bearish resumption seen as we catch EUR/LON volume during their opening hours. Currently on support here on GJ. Lower...
Nice easy inverted Head and Shoulders.
Currently waiting for neckline break and test to enter long.
quick 120 pips target nice easy set up.
Fundamental driving factor:
Covid19, NZ & Aus countries are both almost completely rid of covid
Perfect uptrend since May. Multiple tests over the past few months. 7 to be exact.
Here we are now again. The last session left us with a Doji candlestick pattern just under MA50.
This Sunday, Republican and Democratic party leaders announced that a deal had been reached for a new stimulus check. There are enough votes for a majority approval this Monday on...
just now
How about playing with fractals ?
Drop your idea down here
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Like if you're agree with me.
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(( More XAU/USD buyers if DXY continues to drop ))
Check my previous idea about XAU/USD Long opportunity...
Link to My Screenshot:
Volatility expansion correlated negatively with price. I had taken a short position in a few different stuff along with bitcoin after first 4h candle closed of the market opening on 3rd Sept 2020.
Summary: The news of a possibly effective Covid-19 vaccine jolted currencies in a sometimes confusing way, but beyond near term volatility, the rising promise of an effective Covid-19 vaccine might bring forward the longer term weakening of the US dollar.
Today’s FX Trading focus:
Are we on the cusp of an effective vaccine and what does that mean for the USD?...
Seems obvious and whilst the MACD is traditionally used on charts, i suspect it works like an R rate,. but uses cases instead of transmission rates. If people get properly ill they get diagnosed.
Timelines are drawn lower on the chart to highlight correlations between macd and action and to forecast lags in this outbreak. Some TA experiment, but i like it and...
Theres a huge disconnect between the financial economy (stock markets) & the real economy (jobs, GDP etc), this disconnect is apparent throughout the world's major economies. These disconnects cannot exist forever, so eventfully either the stock markets in the world will fall to reflect the major unemployment and real economic problems left by the pandemic OR we...
I know we posted a long. On here. Free channel milked the long then took a short. Closed for Friday NFP.
Looking now we have potentially a short position coming up.
Trump got covid, but shared he is doing well, so reduces the chance of uncertainty which then some fundamentals point towards gold going down just like the charts.
Remember just because we post...
After a heavy bearish period, USDCAD is in a prime area for longs. The US is struggling economically as a country, with presidential issues, a new presidential election, and a COVID. However, after last week and the news for CAD, I would not be surprised in weak CAD. Overall, I think CAD is going to be weak throughout all pairs, this links with the GBPCAD trade I...
React off what the market gives you, don't predict the market. These are two scenarios which could happen and how I would approach a trade if it set ups accordingly. Personally, my bias is bearish as GBP should become very week over the next few months due to fundamentals. Second wave COVID probable as well as the possibility of any negative Brexit news for the UK...
Area of interest, price has tested the support trend line and rejected it on lower time frames. Price is at an area of confluence due to support and resistance trend lines and 200EMA indicating an area of value. Moreover, it is still bullish according to the 200EMA (Daily). However, fundamental analysis may indicate pound weakness due to Brexit negotiations...
![NDX: Early September Short - [Sept 3-6 2020] - Using Only HVP](https://s3.tradingview.com/f/Fj74iEZX_mid.png "Early September Short - [Sept 3-6 2020] - Using Only HVP")
