EURCAD TRADE SETUP.
WAIT FOR BUY SIGNAL UPDATE.

AUDUSD TRADE SETUP.
WAIT FOR BUY SIGNAL UPDATE.

Market Wrap Up 📉

Markets end the week in the Red as global Stock and Commodity markets aggressively sell off as the number of new cases for the coronavirus outside of China continue to climb!

Markets are fearful of the virus outbreak becoming a worldwide epidemic that could hit global economic growth.

We must keep our eyes and ears firmly on the news over the weekend to monitor the amount of new cases reported inside and outside of China.

If we see a strong jump in confirmed deaths and new cases, we will see markets sell off again from next week Monday!

We want to look at selling the commodity currencies that are exposed to falling commodity prices.

Aussie Dollar - Sell
New Zealand Dollar - Sell
Russian Ruble - Sell
Norwegian Krone - Sell
Canadian Dollar - Sell

I’ll keep you all updated about how the situation plays out over the weekend.

Have a great weekend 🥂

Also guys I am well aware this week was absolutely shocking markets were the craziest I have ever seen and the hardest to try and trade.
You only need to look at Gold dropping 600 pips yesterday.
The UK FTSE Index hit by the biggest one week fall since 2008.
The US30 Index also hit by continued falls for 7 days straight suffering the biggest weekly drop since the 2008 global financial crisis.
This type of movement has been causing havoc across the market mean trading has been extremely difficult.
Full disclosure as always on my weekly results will be posted over the weekend. We do not hide from our losses.

Here is the total number of confirmed coronavirus cases & fatalities globally!

If the numbers rise over the weekend, we can expect heavy selling in the markets come Monday!

Here is the link to the website

https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

🎯 After four (4) days of trading NASDAQ 100/UsTch 100. I'm getting a hang over it and you all will get signals on this index very soon. I just need to keep testing it's viability so that I'll be able to inform you well.

🎯The major thing is that this index needs a minimum of $100 in your account before you can trade it.

Welcome to the month of March.. We are going to be doing great wonders, invite as many people as you can, because this month is going to be a great month. It going to be Drastic, Dramatic and Dimensional in all signals.

Happy Sunday everyone!

The highlighted candle stick here might be our SELL signal. We'll look for a sell setup even as we buy before then.

▪️XAUUSD MN Analysis
▪️Wait Fibo + Candle Closing Confirmation
▪️FIRST 2/3 Month SELL Continue Then BUY Start

"Stock Market News: Dow And Small Caps Plunge"

http://www.investing.com/analysis/stock-market-news-dow-and-small-caps-plunge-200512210

"Energy & Precious Metals - Weekly Review and Calendar Ahead"

https://www.investing.com/news/commodities-news/energy--precious-metals--weekly-review-and-calendar-ahead-2098060

▪️EURGBP H4 Analysis
▪️Wait Fibo + Candle Closing Confirmation
▪️First SELL Signal then BUY Confirmation

▪️EURUSD D1 Analysis
▪️Wait Fibo + Candle Closing Confirmation
▪️First SELL Then BUY Signal Confirmation

SIGNAL UPDATE:

Last week was really filled with news and economic events. The huge spikes gave us a nice set-up for this week. So we'll be trading the pullback or imbalance this week.
Therefore, we'll have SELL for major EUR pairs (EURAUD, EURCAD, EURUSD, EURGBP) before buying...

XAUUSD Retracement/Pullback completed 🎯

When market opens;
EurUsd up side gap
GBPUSD down side gab
USDJPY big down side gab
USD CAD up side gab
AUDUSD down side gab
GBPJPY Big down side gab
Stay tuned for other pair traders

#STEINSFOREX

SIGNAL 📶: SELL EURAUD

ENTRY: 1.7030

SL: 1.7100 (70 PIPS)

TP 1: 1.6980 (50 PIPS)

TP 2: 1.6930 (100 PIPS)

TP 3: 1.6830 (200 PIPS)

SIGNAL 📶: BUY GOLD (XAUUSD)

ENTRY: 1602.20

SL: 1592.20

TP 1: 1610.20 (80 PIPS)

TP 2: 1613.20 (110 PIPS)

TP 3: 1617.20 (150 PIPS)

BUY again at 1593.00

TP open 💯✅✅✅

Running 50 PIPS ☑️🤑🤑🤑🎯

TP 1 HITS 50+ PIPS ☑️. Then a huge retracement.
Will be looking to get back in soon though 🤑🤑