Hello Sir,
I think CAD should be + as 29th CADJPY close above 200MA
Sorry about missing yesterdays rankings post but not much has changed, just a small rally in GBP
I will be traveling tomorrow so this will be my last post until Sunday, everyone have a great weekend, and if you are in the US Happy 4th of July
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you are correct, my chart shows it closing one pip above the 200ma. depending on my day I often pull my numbers a few minutes before the daily candle close, those few pips in that last few minutes are meaningless to me and have no influence on my trades
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Busy weekend, we have a risk-on market as the Central banks continue to bailout the equity markets until something changes stay long NZD or AUD and short the US dollar as the money printing shows no shine of slowing. Gold, Gold miners, and Bitcoin are good hedges against all this money printing as well
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It was nearly a month ago that NZDUSD became a Top SW Trade and after a pullback only today did it finally close in the positive, I know I say have patients but that is taking it a bit far.
Now as the currency are acting like an old man on a walker, Stocks are in an Olympic sprint, Two I own are Tesla and Amazon until we see volatility come back into the Forex Market, most of my trading will be in Stocks with Gold as a hedge
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Tesla was a fundamental play… Simple case of Buy when it’s Weak, Sell when it’s Strong…
• March 2020 Oil price drops… Shock and Awe in the markets
• Fuel prices plunge… Petrol/Diesel cars are cheaper to run…
• Weak economies and cheap fuel causes demand for electric vehicles to dry up…
• Tesla still selling more cars than it can make…
• Global Electric vehicles share prices take a dive… EM talks down the SP of Tesla…
• Tesla STILL selling more cars than it can make… Buy TSLA when it’s Weak…
• July 2020…200+% for a 5 month investment… Doesn’t get much easier…
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more sideways action
Do any of ye guys know any courses like baby pips for forex but based around the stock market that are for free or even payed but not too expensive?
The pound is on the move everything else is just sitting here
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acc to 0anda , lets see how much it differs from dennis data:
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It is a little unusual to have two commodity currencies in the 1 and 8th spot but that is what we have and that is a nice strong uptrend so let’s see how much more it can give us
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No question about it when Gold is added to the mix, XAUUSD is by far our Top SW trade and one I have a substantial position in
Hello
Im trzing to incorporate GOLD in to my trading but I dont seem to get the same or similar ranking as you. From wher do you take your numbers for the ranking?
Thank You!
xaujpy from 0anda mt4
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Hello, i do my Strong Weak Analysis from D1 charts. Does anybody use this time frame?
if you use the D1 with a 33 dma or 4hr with a 200 ma or 1hr with a 800 ma you will get very close to same results.
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Thank you Dennis by your answer. I was working with 200 ma from D1.
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Tight market
Bottom half of the rankings seem to have gone to sleep while a bit of shuffling at the top with EURCAD emerging as our new top trade, and looking at the chart this is what a trend looks like in a non-trending market
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wouldnt mind 154.40 as an entry. we all know not to chase. right? the cad fits as a weak currency. the eur is working on being a strong one.