19:31:26 (UTC) Thu Feb 6, 2020
Although we primarily trade FX contracts, staying on top of the equity markets around the world can have huge advantages when trying to identify opportunities preparatory to them even showing validity. The CBOE Volatility Index, known by its ticker symbol VIX, is a popular measure of the stock market's expectation of volatility implied by S&P 500 index options....
After a -8% downtrend from Aug 19 through todays currently traded prices, we can look at the well proven level of 0.85 as current support to be respected. This potentially could be the bottom we are waiting for for an entry, but we won't know any time soon. We are however looking for a long entry today, as the 0.85 continuously is subjected to being rejected...
It's been a super quiet day and one of the quiet weeks sor gross volatility so far this entire year. For those asking about why no signals have been sent: we simply can't take opportunities that don't exist. All position less than a 15 pip horizon have been stopped out today by gauging some fo the community outlets I use to gauge market sentiment. I understand...
AU: Aussie 4-hrly long setup
Our bias from Monday remains bullish. Since Monday, we've successfully called both setups for NZD/USD. We'll be looking for long entries at the lowest possible price before retracing higher to the upside target shown to make a new HH in the current llnger-term structure. See linked charts below,
NU: 4-hr Head & Shoulder at Key Level (11.12)