Yesterday Results
Short 20.8159 to target 20.4004.
Highs 20.9319, Lows 20.6728
Wild upside Ride
Trade Runs from 20.8159 +1431 #pips
From 20.9319 and add 1 lot then +2591 pips
Long way to target
Today Trade Results
Short 20.8159 to target 20.4004.
Lows 20.5094
Trade Runs from 20.8159 +3065 pips
From 20.9319, +4225 pips
To weekly totals add 1634 pips
Old Total 9 trades, 2 days, +4707 Pips
New total 9 trades, 2 days and +6341 pips
The week contains 3 more days of trading for all our currency pairs
Last time posted EM trades to this degree the total as I recall was 6000 ish pips
This week, I will break smash the old record.
Subtract EUR/ZAR entry then all trades contained near perfect entries. Targets have yet to achieve.
EUR/ZAR remains overbought at target 20.4004. Remainder trades remain overold as follows: USD/RON, USD/HUF, USD/MYR,
USD/TRY and USD/BRL remain deeply overbought.
Same story to EM trades, no stops, no charts, no maket banter talk that earns no money and is no actionable information.
Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.
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EUR/USD tumbles out of recent range, tests below 1.0770 as markets flee into safe havens
EUR/USD slid below the 1.0670 level on Tuesday after an unexpected uptick in US wages growth reignited fears of sticky inflation, chopping down rate cut expectations and sending investors into safe haven bids.
Gold pullbacks on rising US yields, buoyant US Dollar as inflation heats up
Gold prices drop below the $2,300 threshold on Tuesday as data from the United States show that employment costs are rising, thus putting upward pressure on inflation. XAU/USD trades at $2,296 amid rising US Treasury bond yields and a stronger US Dollar.
Ethereum slumps again as long liquidations exceed those of Bitcoin
Ethereum experienced a further decline on Tuesday following a disappointing first-day trading volume for Hong Kong's spot Bitcoin and ETH ETFs. This comes off the back of increased long liquidations and mixed whale activity surrounding the top altcoin.
No tap dancing around inflation concerns
Tuesday saw U.S. stocks closing considerably lower as investors grappled with economic indicators indicating increasing labour costs and a decline in consumer confidence, all coming ahead of a crucial Fed policy meeting aimed at determining the trajectory of interest rates.