Category: Trends
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DAY TRADE IDEAS APRIL 26th
AUDUSD broke support at the lower end of the channel at 6660/40 for a medium term sell signal. So we have resistance at 6640/60 to try a short with stop above 6680. Targets are 6615, 6570 & perhaps as far as 6550. Forex update – EURUSD & EURJPY Double top sell signal!! AUDJPY broke support […]
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How confident are you that the government will sort out the debt ceiling? we could be so screwed…
FED EXPECTATIONS These days it feels like Fed expectations change quicker than the springtime temperatures in Chicago. After JPow’s testimonial we were looking to head towards 6% rates quickly followed by pricing in a chance of rate cuts as early as June, with the funds rate well below 4% by the end of the year. […]
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THE 10 GOLDEN RULES OF TRADING
I’ve been in the option business for a very long time and you cannot learn the skill of trading overnight. To be a master it takes years and TBH, I certainly cannot claim to have mastered options, but I do know them. When you do progress to becoming a consistently profitable trader it can be […]