Flash Crash In The British Pound Trade Setup
After the flash crash in the British Pound, let’s see if we can spot any long trade opportunities. I have found at least 2 setups – here’s the video:
After the flash crash in the British Pound, let’s see if we can spot any long trade opportunities. I have found at least 2 setups – here’s the video:
In just a few weeks, the British people are making a big decision. The UK is holding a referendum this month on whether to remain in the European Union or not. Some of the polls show that the result could be very close. Whatever the result is going to be, this is…
Brexit fears and the EU Referendum have caused a significant fall in the British Pound (GBPUSD). But how much lower can the British currency go? In this video we will take a look at our next potential targets on the British Pound: The Elliott Wave targets on the GBPUSD seem…
A few days ago I explained how our brains can make wrong decisions. I said that high emotions and fast thought patterns can be destructive to good decision making… specially in trading. A good trader needs tools to assess the risks better. Specially if those tools can also calm down…
Let’s examine stocks, gold and British pound quickly after last week’s turnaround from the “no taper” from the Fed to a possible taper in October. S&P 500 futures This week the S&Ps must protect 1687 as a key level. The Dow must protect 15383. Take a look at this chart:…
The positive jobs report resulted in rally in the US Dollar. There is a lot of downward pressure on the major currencies because the US Dollar has been gaining strength. Back in January of this year we predicted that the US Dollar would put in a short to medium term…
Transcript of the Interview between Swiss Financial Television and Alessio Rastani 1: The ECB seems to be in this wait and see period how is this affecting the common currency? Do analysts see risks in further Euro gains? There have been fresh reports that the ECB is “shrinking” its balance…