Yesterday in our live trading group we entered short on GBP pairs long before the news came out. It was most evident the short was forming on the GBP CAD and on the GBP CHF which was moving partly because of the CHF making it the best trade of the day. https://www.dailyfx.com/forex/market_alert/2017/08/15/Sterling-Falls-as-UK-Inflation-Comes-in-Weaker-Than-Expected.html?DFXfeeds=forex:market_alert
Bitcoin is Back With Record Highs Three Times the Price of Gold
On the charts, Bitcoin looked like it was making a wave 5 of a trend on the weekly. But when a wave 5 exceeds normal length it means the trend will not stop yet. https://www.cnbc.com/2017/08/08/bitcoin-climbs-to-record-nearly-three-times-the-price-of-gold.html
As Asian Stocks Decline Gold and Yen Increase During Escalating Tensions with Korea.
We know what risk off conditions create and can see the effects when money starts going into the Yen and Gold increases. That’s what is happening now while tensions with North Korea continue to get worse. http://www.reuters.com/article/us-global-markets-idUSKBN1AO2OP
If You Plan to Succeed, Understand How Stress Affects Your Body and Brain Function
In our trading community, I have been teaching for years how to change the mental and psychological, state by releasing stress and negative emotions. Once you know the proper methods to change your state you can become unstoppable in trading or any thing else you choose. http://neurosciencenews.com/body-stress-7263/
U.K. Experiences More Downtrend As Consumers Spend Less.
Although I would love to see the economy improve in the U.K. the charts have been fantastic for numerous easy shorting opportunities. https://www.bloomberg.com/news/articles/2017-08-06/u-k-economy-takes-a-hit-as-consumer-spending-slumps-further
Brexit Causes Boom in Irish Countryside Resorts.
Who would have thought that the counter intuitive increase in the value of Irish countryside resorts would come more from Brexit than from the glamor of celebrity endorsements from Kanye West and Kim Kardashian who spend their honeymoon at a palatial resort owned by Martin Shaw? https://www.bloomberg.com/news/articles/2017-08-07/thanks-to-brexit-travel-is-booming-in-the-irish-countryside
Why Loving Your Enemies Makes Sense.
When we realize through parts therapy that our internal enemies are part of us and have the same highest intention that the other part of us do, we can extend this to the external world. Everyone at some level has the same highest intention although when the intention gets down into the mundane physical world it becomes distorted until we … Read More
Bitcoin Enthusiasts Oscillate Between Devastating Gloom and Irrational Optimism.
It is funny how the man on the street is fascinated with Bitcoin. Most people who are interested cannot afford one Bitcoin so they find other scams to satisfy their desire to get involved. Standpoint’s Moas is now predicting Bitcoin to increase by 80% to $5000. One thing for sure, there are better ways to make money on a daily … Read More
AUD: They call it “Whipsaw” I call it a normal end of correction on the 1 hour and short on AUD JPY.
Today’s, AUD news worked out ok although there was some conflict with the pattern on the EUR AUD and GBP AUD 4 hour before the news. This told me that the move would be short term but nevertheless, as usual, it worked. https://www.dailyfx.com/forex/market_alert/2017/08/01/Australian-Dollar-Whipsaws-After-RBA-Policy-Announcement.html?DFXfeeds=forex:market_alert
- Page 2 of 2
- 1
- 2
