SIGNAL πΆ: SELL GBPAUD
ENTRY: 1.9325
SL: 1.9395
TP 1: 1.9285 (40 PIPS)
TP 2: 1.9225 (100 PIPS)
TP 3: 1.9145 (180 PIPS)
TP 4: 1.9065 (260 PIPS)
TP 5: 1.8985 (340 PIPS)
ENTRY: 1.9325
SL: 1.9395
TP 1: 1.9285 (40 PIPS)
TP 2: 1.9225 (100 PIPS)
TP 3: 1.9145 (180 PIPS)
TP 4: 1.9065 (260 PIPS)
TP 5: 1.8985 (340 PIPS)
Stein's Trading & Markets Ltd.
SIGNAL πΆ: SELL EURAUD ENTRY: 1.6290 SL: 1.6330 (40 PIPS) TP 1: 1.6274 (20 PIPS) TP 2: 1.6244 (50 PIPS) TP 3: 1.6188 (102 PIPS) RISK REWARD RATIO = 1 : 2.55
Price should max out around the 1.6310s area since that has been a very strong resistance level for weeks now..
Let's just hope it does π°
Let's just hope it does π°
Market Wrap π
βTodayβs main market movesβ.
Japanese Yen / Swiss Franc π―π΅π¨π
The Safe Haven Yen & CHF Remain in high demand today as global stock markets and commodity prices continue to fall over concerns about the spread of the virus across China.
Important note to take, that the Yen and Swiss Franc are only strengthening due to the risk off tone in markets. Should the virus be contained, sharp reversals would be expected and present some great buying opportunities.
AUD & NZD Analysis π¦πΊ π³πΏ
The Antipodean Dollars remain under pressure as the China virus concerns hangs over the two economies. Australia and New Zealandβs dependance on export sales to China means any economic slowdown in China will hit both economies hard. Hence the selling pressure seen against both currencies in todayβs markets.
NOK & CAD π¨π¦ π³π΄
Both commodity currencies remain under pressure as Oil markets continue to slide on Demand concerns, as Chinaβs economy may take a hit due to many cities being under such down to contain the virus.
With China being the worlds biggest Oil importer, markets are pricing in the concern of Oil demand falling, effecting the value of the Canadian and Norwegian Kroner.
βTodayβs main market movesβ.
Japanese Yen / Swiss Franc π―π΅π¨π
The Safe Haven Yen & CHF Remain in high demand today as global stock markets and commodity prices continue to fall over concerns about the spread of the virus across China.
Important note to take, that the Yen and Swiss Franc are only strengthening due to the risk off tone in markets. Should the virus be contained, sharp reversals would be expected and present some great buying opportunities.
AUD & NZD Analysis π¦πΊ π³πΏ
The Antipodean Dollars remain under pressure as the China virus concerns hangs over the two economies. Australia and New Zealandβs dependance on export sales to China means any economic slowdown in China will hit both economies hard. Hence the selling pressure seen against both currencies in todayβs markets.
NOK & CAD π¨π¦ π³π΄
Both commodity currencies remain under pressure as Oil markets continue to slide on Demand concerns, as Chinaβs economy may take a hit due to many cities being under such down to contain the virus.
With China being the worlds biggest Oil importer, markets are pricing in the concern of Oil demand falling, effecting the value of the Canadian and Norwegian Kroner.
SIGNAL πΆ: BUY EURJPY
ENTRY: 120.04
SL: 119.70 (30 PIPS)
TP 1: 120.44 (40 PIPS)
TP 2: 120.84 (80 PIPS)
ENTRY: 120.04
SL: 119.70 (30 PIPS)
TP 1: 120.44 (40 PIPS)
TP 2: 120.84 (80 PIPS)
Stein's Trading & Markets Ltd.
SIGNAL πΆ: SELL EURAUD ENTRY: 1.6290 SL: 1.6330 (40 PIPS) TP 1: 1.6274 (20 PIPS) TP 2: 1.6244 (50 PIPS) TP 3: 1.6188 (102 PIPS) RISK REWARD RATIO = 1 : 2.55
Still around our SL point.
I'm holding patiently. π°π°
I'm holding patiently. π°π°
Current trades:
CADJPY
EURAUD
EURJPY
GBPAUD
I will update as price develops! Until then, continue to hold.
CADJPY
EURAUD
EURJPY
GBPAUD
I will update as price develops! Until then, continue to hold.
SIGNAL πΆ: EURUSD BUY LIMIT
ENTRY: 1.1006
SL: 1.0976 (30 PIPS)
TP: 1.1076 (70 PIPS)
ENTRY: 1.1006
SL: 1.0976 (30 PIPS)
TP: 1.1076 (70 PIPS)
Japanese Yen Analysisπ―π΅
The Yen remains in demand as risk off sentiment dominates the global markets.
Infaltionary Score 15 out of 160
Currency Outlook - Weak
Interest Rate Policy - Accomodative
The Yen remains in demand as risk off sentiment dominates the global markets.
Infaltionary Score 15 out of 160
Currency Outlook - Weak
Interest Rate Policy - Accomodative
Markets directionless now π΄
Moving sideways for most of European morning
Moving sideways for most of European morning
Stein's Trading & Markets Ltd.
SIGNAL πΆ: SELL GBPAUD ENTRY: 1.9325 SL: 1.9395 TP 1: 1.9285 (40 PIPS) TP 2: 1.9225 (100 PIPS) TP 3: 1.9145 (180 PIPS) TP 4: 1.9065 (260 PIPS) TP 5: 1.8985 (340 PIPS)
This is some perfect trade.
TP 1 HITS 40+ PIPS βοΈ
Move SL to breakeven π
Seems like we're perfectly stacked for Brexit here. π°
TP 1 HITS 40+ PIPS βοΈ
Move SL to breakeven π
Seems like we're perfectly stacked for Brexit here. π°
Stein's Trading & Markets Ltd.
SIGNAL πΆ: BUY LIMIT CADJPY ENTRY: 82.52 SL: 83.31 (21 PIPS) TP 1: 82.82 (30 PIPS) TP 2: 83.02 (50 PIPS) TP 3: 83.64 (112 PIPS)
I'm holding this pair till it chokes π
Current trades:
CADJPY
EURAUD
EURUSD
GBPAUD
I will update as price develops! Until then, continue to hold.
CADJPY
EURAUD
EURUSD
GBPAUD
I will update as price develops! Until then, continue to hold.
Stein's Trading & Markets Ltd.
SIGNAL πΆ: SELL GBPAUD ENTRY: 1.9325 SL: 1.9395 TP 1: 1.9285 (40 PIPS) TP 2: 1.9225 (100 PIPS) TP 3: 1.9145 (180 PIPS) TP 4: 1.9065 (260 PIPS) TP 5: 1.8985 (340 PIPS)
Hope you all bagged this 100+ PIPS movement. TP 2 got HIT π―
I'm re-entering as soon as the pull back is done.
Good work traders π°
I'm re-entering as soon as the pull back is done.
Good work traders π°
Stein's Trading & Markets Ltd.
Account Management π°
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VIEW IN TELEGRAM
Account type = Dollar ($)
Interest/Profit = $362.80
Account growth = 100.7%
Daily profit = $62
Daily interest rate = 26%
Number of trades = 135
Canceled = 1
Filled = 134
Account Duration = 21st January - 28th January
All thanks to the high market volatility π°
Caution: Don't try this at home!π
THIS IS MAINLY FOR MOTIVATIONAL PURPOSES π―
Interest/Profit = $362.80
Account growth = 100.7%
Daily profit = $62
Daily interest rate = 26%
Number of trades = 135
Canceled = 1
Filled = 134
Account Duration = 21st January - 28th January
All thanks to the high market volatility π°
Caution: Don't try this at home!π
THIS IS MAINLY FOR MOTIVATIONAL PURPOSES π―
"Gold Prices Fall as Risk Appetite Rebounds From China Virus Shock"
https://www.investing.com/news/commodities-news/gold-prices-fall-as-risk-appetite-rebounds-from-china-virus-shock-2069557
https://www.investing.com/news/commodities-news/gold-prices-fall-as-risk-appetite-rebounds-from-china-virus-shock-2069557
Investing.com
Gold Prices Fall as Risk Appetite Rebounds From China Virus Shock
Gold Prices Fall as Risk Appetite Rebounds From China Virus Shock