By upping their capacity from 60,000 to 90,000 a year plus the excess crude oil that can't be refined from Venezuela partnering with a oil company from Brazil will be what China is waiting for to go a trade war or delay the talks still the us election that way their long time plan is to still intact and the us is sideline because Venezuela will double or triple...
The Japanese yen is trading marginally higher on Friday as risk sentiment turned sour after two days of rising market optimism. USDJPY still struggles to regain the 114.00 hurdle as investor sentiment is unstable and the greenback lacks the upside impetus. In the weekly charts however the pair is firmly in the positive territory after a deep slide during the...
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I only take positions on the daily/weekly chart when trading companies as they are not open 24hr and I find my win rate is higher historically
ONLY If this weeks candle breaks the previous weeks candle will I take this trade.
Reasons for to go short
- moving averages are bearish
- price has moved below the 200 MA
- 50 MA is being respected