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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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
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
TP 1 HITS 20+ PIPS βοΈ. This trade wasn't easy. Had a little drawdown and price consolidation in our stop Loss area. But I'm glad we made it.
Good work traders π°π°
Good work traders π°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)
Another hard one here. The Coronavirus fears almost messed up this setup.
But still. TP 2 HITS 50+ PIPS βοΈπ€π€π€
But still. TP 2 HITS 50+ PIPS βοΈπ€π€π€
SIGNAL πΆ: SELL EURCAD
ENTRY: 1.4496
SL: 1.4620
TP 1: 1.4476 (20 PIPS)
TP 2: 1.4446 (50 PIPS)
TP 3: 1.4396 (100 PIPS)
ENTRY: 1.4496
SL: 1.4620
TP 1: 1.4476 (20 PIPS)
TP 2: 1.4446 (50 PIPS)
TP 3: 1.4396 (100 PIPS)
SIGNAL πΆ: BUY AUDUSD
ENTRY: 0.6747
SL: 0.6710 (37 PIPS)
TP 1: 0.6777 (30 PIPS)
TP 2: 0.6817 (70 PIPS)
TP 3: 0.68789 (131 PIPS)
ENTRY: 0.6747
SL: 0.6710 (37 PIPS)
TP 1: 0.6777 (30 PIPS)
TP 2: 0.6817 (70 PIPS)
TP 3: 0.68789 (131 PIPS)
EURO Analysis πͺπΊ - 29th January 2020
The Euro remains weak overall as the outlook for growth in Europe remains sluggish and a low interest rate environment in europe maintains the Euro as a funding currency.
Inflationary Score 24 out of 160
Currency Outlook - Low Demand
Interest Rate Policy - Accommodative
The Euro remains weak overall as the outlook for growth in Europe remains sluggish and a low interest rate environment in europe maintains the Euro as a funding currency.
Inflationary Score 24 out of 160
Currency Outlook - Low Demand
Interest Rate Policy - Accommodative
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)
TRADE UPDATE
Bullish start to the London Session, GBPAUD gaining strength.
Not kicked out and price is about 55 pips away from entry right now. Should we get kicked out, we will wait for another rejection and simply re-enter.
Bullish start to the London Session, GBPAUD gaining strength.
Not kicked out and price is about 55 pips away from entry right now. Should we get kicked out, we will wait for another rejection and simply re-enter.
What is Brexit?
Brexit is Britain's withdrawal from the European Union. Thus far, the process has lasted 3.5 years.
The Parliament and the Queen have already ratified the decision. The last remaining unknown is to understand how it will impact relations with the rest of Europe.
29 β 30 January, the European Parliament will discuss the arrangements of the withdrawal agreement.
What are the possible outcomes?
The European Parliament votes for the agreement with the UK. Great Britain exits the EU in 2020 and preserves its membership in the EUCU (the European Union Customs Union) and the ESM (the European Single Market) during the transition phase.
GBPUSD: the GBP interest rate will preserve the same level or even be lowered.
The European Parliament votes against the agreement with the UK. Great Britain most likely exits the EU without an agreement. Trading relations will become subject to WTO regulations; economic and social problems can escalate; Great Britain will lose the status of a financial centre.
GBPUSD: the quotes will go down and the GBP interest rate will most likely go up.
How does it affect Forex?
High volatility, strong movement 29 through 31 January on GBPUSD, EURUSD and all currency pairs including GBP (especially EURGBP).
If the European Parliament signs the agreement, volatility is likely to subside, and GBPUSD will probably stay in flat.
If the European Parliament doesn't sign the agreement, GBPUSD goes down to 1.25 or lower. EURUSD may go down to 1.10 or even 1.08.
#copied
Brexit is Britain's withdrawal from the European Union. Thus far, the process has lasted 3.5 years.
The Parliament and the Queen have already ratified the decision. The last remaining unknown is to understand how it will impact relations with the rest of Europe.
29 β 30 January, the European Parliament will discuss the arrangements of the withdrawal agreement.
What are the possible outcomes?
The European Parliament votes for the agreement with the UK. Great Britain exits the EU in 2020 and preserves its membership in the EUCU (the European Union Customs Union) and the ESM (the European Single Market) during the transition phase.
GBPUSD: the GBP interest rate will preserve the same level or even be lowered.
The European Parliament votes against the agreement with the UK. Great Britain most likely exits the EU without an agreement. Trading relations will become subject to WTO regulations; economic and social problems can escalate; Great Britain will lose the status of a financial centre.
GBPUSD: the quotes will go down and the GBP interest rate will most likely go up.
How does it affect Forex?
High volatility, strong movement 29 through 31 January on GBPUSD, EURUSD and all currency pairs including GBP (especially EURGBP).
If the European Parliament signs the agreement, volatility is likely to subside, and GBPUSD will probably stay in flat.
If the European Parliament doesn't sign the agreement, GBPUSD goes down to 1.25 or lower. EURUSD may go down to 1.10 or even 1.08.
#copied
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
We're back at ENTRY point. What a crazy week.
But the price obeyed the resistance level so we can get back in.
π°π°
But the price obeyed the resistance level so we can get back in.
π°π°
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VIEW IN TELEGRAM
Account type = Dollar ($)
Interest/Profit = $126.25
Account growth = 118.12%
Daily profit = $63.17
Daily interest rate = 59%
Number of trades = 101
Canceled = 1
Filled = 100
Account Duration = 27th January - 28th January
Even in a crazy week π°π°
Caution: Don't try this at home!π
THIS IS MAINLY FOR MOTIVATIONAL PURPOSES π―
Interest/Profit = $126.25
Account growth = 118.12%
Daily profit = $63.17
Daily interest rate = 59%
Number of trades = 101
Canceled = 1
Filled = 100
Account Duration = 27th January - 28th January
Even in a crazy week π°π°
Caution: Don't try this at home!π
THIS IS MAINLY FOR MOTIVATIONAL PURPOSES π―
Stein's Trading & Markets Ltd.
Thirty minutes to the US MOM December sales
πΊπ² Absolutely shocking housing sales data out of the US shaking market up now.
US lending home sales fell 4.9% vs estimated of 0.5% gain
US lending home sales fell 4.9% vs estimated of 0.5% gain
"3 Stocks Gaining Momentum As Virus Fears Escalate"
http://www.investing.com/analysis/3-stocks-gaining-momentum-as-virus-fears-escalate-200502496
http://www.investing.com/analysis/3-stocks-gaining-momentum-as-virus-fears-escalate-200502496
Investing.com
3 Stocks Gaining Momentum As Virus Fears Escalate
Stocks Analysis by Investing.com (Jesse Cohen/Investing.com) covering: S&P 500, Wynn Resorts Limited, Las Vegas Sands Corp, United Airlines Holdings Inc. Read Investing.com (Jesse Cohen/Investing.com)
"The Coronavirus Impact On USD/CNH"
http://www.investing.com/analysis/the-coronavirus-impact-on-usdcnh-200502834
http://www.investing.com/analysis/the-coronavirus-impact-on-usdcnh-200502834
Investing.com
The Coronavirus Impact On USD/CNH
Forex Analysis by Joe Perry covering: Deutsche Lufthansa AG, Starbucks Corporation, Morgan Stanley, USD/CNH. Read Joe Perry's latest article on Investing.com