Dealing With Loss: Handling Losing Trades
Good morning Traders! We are human, and it’s completely normal for us to become emotionally and financially invested in our trades, but this becomes problematic when we become emotionally unstable. This almost always leads to counter-productive moves including, but not limited to: revenge-trading, moving or even removing stop-losses, increasing our trades size and throwing our […]
FBA Rates Decision
Good morning Traders! Well, it’s Australia’s central bank turn, and the Reserve Bank of Australia is going to announce it’s interest rates decision tomorrow. Following a hotter then expected CPI reading, the market is expecting another 0.25% rate hike, which will bring the Cash Rate to 3.35% ASX 200 After several attempts by the sellers […]
A Mexican Surprise!
Good morning Traders! Yesterday the Bank of Mexico surprised the market when it hiked the interest rates by 0.5%. Inflation in the second biggest economy in Latin America is proving harder to tame, with a continuous rise in the past couple of months after a previous slowdown. USDMXN The Monthly chart has been in a […]
Exploring Crude Oil’s Slippery Slope: Key Factors and Trading Strategies
Good morning Traders! Crude Oil has been a key player within recent global conflicts, and also being squeezed between an ever-shortening fossil fuel supply and the ever-increasing popularity of electric vehicles. There’s no doubt that there’s an appetite for electric (or alternative fuel-based vehicles). In the first few months of Russia’s invasion we saw a […]
Big Tech Layoffs: Navigating the Market Amid Workforce Reductions
Good morning Traders! Last week we heard of further layoffs in some big tech companies, igniting furtherinvestor’s fears of a recession. Amazon Amazon has announce it will layoff 18,000 employees, a far bigger number then firstplanned and the most it ever has. The Monthly chart is in a strong downtrend, and after another move to […]
Japanese Yen On the Move
Good morning Traders! Bank of Japan watchers and analysts are now starting to think that a change in the BOJpolicy might come sooner then expected, and yesterday we saw the Japanese Yenstrengthening against many of its trading partners. USD/JPY One of the biggest losers was the US dollar. With US CPI reading which came in […]
Metal’s Level Breaks
Good morning Traders! The last couple of weeks saw buying returning into many metal markets, today I’d like totake a look a Gold and Lead, both are trading near a strong resistance level. Gold Finding Resistance at 1800 Gold has found resistance under the strong level of around 1800, this was also the majorswing Lower […]
No Lead Gasoline vs Crude Oil
Good morning Traders! The Crude Oil chart (CL) and the No Lead Gasoline chart (RB) have many elements incommon, today I’m going to discuss why I prefer to stalk a potential short on RB No Lead Gasoline – Watching for the End of the Pullback No Lead Gasoline is in a confirmed down trend on […]
Markets Not Spooked By U.S. Fed Rate Hike
Good morning, Traders! Yesterday, the U.S. Fed hiked rates by 50bps, which was expected. Traders should take serious note of the following: The major indices appear to be retracing from their highs and key resistance levels. Major forex pairs are also retracing on the daily timeframes These are seen as Weekly pullbacks or retracements rather […]
Trading opportunity for today! Buy in LTA SP500
Bom día! Sp500 in LTA’s touch Sp500 touching an important LTA on the 30 min chart and possibly should try to stay in a bullish trend. Entry at or above 3962.00, stop loss below 3950.00 and target 4000.00 Very interesting risk-return. SP500 –30 min candle bars