UnknownUnicorn4570907

UnknownUnicorn4570907 Updated 

U.S. benchmark, West Texas Intermediate, has fallen to the $15 range as global economies remain on lockdown due to the COVID-19 pandemic, crushing crude demand. Also global oil storage is reaching its limits. The situation is so dire, in fact, that the Department of Energy is even considering paying domestic oil producers to keep crude in the ground. Even if...

UnknownUnicorn4570907

Rumors are the President Donald Trump will impose 75% tariffs on ALL oil imports in order to protect American oil industry. Let's see how this will be developed. So far history has shows that market, with their own opinion, always wins.

UnknownUnicorn4570907 Updated 

Expecting prices to test again the historic bottom. Trade duration 2-3 weeks.

UnknownUnicorn4570907 Updated 

Broken trend line, expecting levels below 115.00

UnknownUnicorn4570907

As crazy may it sounds, this year will be astonishing for Tesla stock, short squeeze has come hard on everyone, who do not believe in the Elon Musk's ideas for electric cars future.

UnknownUnicorn4570907

Approaching trend line support, entering Long on market price with SL below current lows.

UnknownUnicorn4570907 Updated 

Risk appetite was short lived after the announcement of Phase 1 deal between US and China and markets became worried because deal details are missing. Trade duration: until end of this year, SL around 40 pips.

UnknownUnicorn4570907 Updated 

Pound is gaining momentum and Yen is relatively weak. Open long position until year's end. The positive swap is a bonus to the trade. TP is around 150.

UnknownUnicorn4570907 Updated 

Expecting pair to gain momentum until end of this month. Also OPEC oil production cuts begin in January 2020, so there is plenty of time for Loonie to depreciate. Trade duration: 12-14 days. Tight SL. More ideas in my profile.

UnknownUnicorn4570907

Given the fact that production cuts in oil industry in OPEC countries start from January 2020, I expect the Loonie to retrace a bit until end of this month. Profit target of 45-60 pips, risk 30 pips.

UnknownUnicorn4570907 Updated 

US dollar seems poised to depreciate ahead of FOMC. POSSIBILITY OF FAKE BREAKOUT EXISTS AROUND 1.112 LEVEL

UnknownUnicorn4570907 Updated 

Swiss franc is gaining momentum ahead of FOMC

UnknownUnicorn4570907

This trade is a hedge trade (protecting, or insurance so to speak of the short USDCHF position ). Same rules apply: tight SL and waiting for the Non-farm Payrolls.

UnknownUnicorn4570907

The round level 1.0000 appeared a tough nut to crack, so far the US dollar failed to break and sustain it. Today is the Non-farm Payrolls event, expecting high volatility and opportunity to sell the pair. Very tight SL and trade duration 5-7 days.

UnknownUnicorn4570907 Updated 

Given the fact that upcoming elections are next week, and the polls favor Boris Johnson victory, the Pound is poised to rise even further against all majors. Shorts squeeze already happened yesterday, so it is good time to enter the market. Tight SL and trade duration 5-7 days.

UnknownUnicorn4570907 Updated 

Shorts squeeze is coming, so it is time to ride the trend.

UnknownUnicorn4570907 Updated 

After short selling the pair couple of days ago, it seems the pair now has found support around 1.46. Entering long, same type of setup with tight SL and duration of 3-5 days. I believe OPEC meeting and expected oil production cuts will not have significant effect on Loonie, because markets already priced and digested this information.

UnknownUnicorn4570907 Updated 

Short selling opportunity for EURCAD, overnight swap is positive on this pair for sell orders, so we can benefit from it as well. Trade duration 5-7 days. Tight SL.