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Hey hey!

Swim Trading is a proud media partner for this live summit, headlined by Jack Schwager & Kathy Lien!

Market conditions change and new risks - and opportunities - emerge.

To be successful in today’s volatile markets, investors and traders need to combine sound strategies with disciplined execution and a willingness to adapt.

No one knows how much damage the Covid-19 pandemic will inflict, how disruptive the Presidential election will be, or how countless other factors will combine to affect markets long term.

Some of the world's most respected professional traders are joining us live in the upcoming Market Insights Virtual Summit in 3 & 4 Oct.

Jack Schwager - A recognized industry expert in futures and hedge funds and the author of a number of widely acclaimed financial books - Market Wizards series.

Kathy Lien - A renowned Forex expert and internationally published author of the best selling book: Day Trading and Swing Trading the Currency Market

Let them show you how to prepare for the volatility ahead and learn time-tested strategies for pulling profits from the markets.

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If you'd bought McDonald's (MCD) on 12, 13 or 14 Aug (as circled), you'd be making $16. 🍔🍟

Q: Should I buy MCD tonight?
A: While MCD is strong (as shown by the Strength Meter indicator that's in green), the trend of MCD is pretty extended.
This is shown by the CPTS Buy signal that's been showing up for a long time now.
You'll be better off waiting for a pullback instead of chasing its price.

Trade safe and profitably~ 💵
Price Mover:
The Fed holds interest unchanged and indicates the near-zero rate will last till 2023.

It reiterated allowing inflation to overshoot the 2% target.

With the supporting monetary policy and stimulus fiscal plans, investors believe the economy is on the way of

Upon the meeting, Nasdaq fell by 1.21%, to 11,050.47. Dow was 0.12% higher, to 28,033.77, leading by financial and energy sectors. SPX was down by 0.45%.
Here's a bonus for you. 🤩

There’s no need to memorize the names of the candlestick. Knowing their characteristics and significance are a lot more beneficial to your trading success. 💵

Learn all about candlesticks here: bit.ly/readingcandlesticks
I was driving one day and received a revelation about my recent losing trades.

I had been trading and suffering from a string of losses some weeks earlier. I had followed everything I had read in a book and I was promised to make money! Only to be in the red… 💸

I had stopped my car as the traffic light was red. It was then I realized that I shouldn’t be buying the moment I identified any bullish reversal candlestick pattern! I should only get ready and wait for a confirmation. It’s exactly just like accelerating only when the traffic light is green! 🚦

With this, I have been able to trade the bullish reversal candlestick patterns profitably.

Find out how you can also do so here:
Current 2 Key Levels I am watching for in EUR. The strengthening of USD took a momentary halt and current bias for EURUSD remains bear.
Like most things in life, there are signs before a major change happens. What we need to do is to be more aware and attuned.

In this week’s article, you’ll learn of another 4️⃣ bullish reversal candlestick patterns.

What are they?
How do they look like?
What are the signs?

Learn all about them now!
U.S. stocks climbed Wednesday after President Trump appeared to soften his stance on a further stimulus package for American households, airlines and small businesses.

The Dow Jones Industrial Average rose 420 points, or 1.5%, and the S&P 500 added 1.3%. The Nasdaq Composite was up 1.5%, a day after a Democratic-led House panel argued Congress should break up the largest tech companies on antitrust grounds.

President Trump's fusillade of tweets whipsawed the market, but investors have begun to expect a Democratic victory in November, and more stimulus spending after that, said Oanda analyst Edward Moya. That belief, along with faith in the Federal Reserve, will likely help stem any selloffs, he said.

"There's not much that's really going to change everyone's medium and longer-term game plan for this market," he said.

Still, the short term can still be frenetic. Stocks fell sharply Tuesday after Mr. Trump dashed hopes for a new economic relief package before the November election: he tweeted that he had told his representatives to end negotiations with Democrats over the coronavirus-aid spending.

Just hours later, the president seemed set to shift course. He said in a series of overnight tweets that he was "ready to sign right now" if he was sent a stand-alone bill for sending $1,200 checks to Americans. He also urged lawmakers to approve a $25 billion package to support airlines' payrolls and $135 billion for the Paycheck Protection Program, aimed at helping small businesses.

"Walking back from the earlier tweet was pretty notable," said James McCormick, a strategist at NatWest Markets. "It has people thinking he'll do some targeted stimulus."

Shares of airlines rose following Mr. Trump's tweets. United Airlines rose 4%, American Airlines rose 3.7% and Delta Air Lines gained 2.7%.

Tech companies wobbled after the House Antitrust Subcommittee released a report arguing that companies like Apple, Amazon and Alphabet have used their dominance to stifle competition. The report isn't expected to lead to any immediate actions, but could color how a new government in Washington approaches the sector after the election.

Apple rose 1.3% and Amazon gained 2.4%. Alphabet was down 0.2% and Facebook fell 0.7%.

Elsewhere, shares of Eli Lilly rose 2.8% after it said it requested U.S. authorization of a Covid-19 antibody drug following positive results from clinical testing.

Investors for some weeks have been skeptical that Democrats, the White House and Republicans would be able to bridge their differences over a broad fiscal spending plan before Nov. 3. Many are continuing to wager that the next sweeping round of stimulus will be forthcoming only in the new year, if there is a decisive electoral victory for one of the two major parties.

"The market's base case is that we're going to get some stimulus postelection," said Michael Bell, a global market strategist at J.P. Morgan Asset Management. "In many ways, a clear election result which leads to some stimulus -- whether it's Republican-led or Democrat-led -- is better than an unclear result which leads to continued lack of stimulus."

Investors meanwhile are likely to look ahead to the first vice presidential debate, scheduled to start at 9 p.m. ET, for further cues on how the election may play out. Polls so far have indicated that Democratic nominee Joe Biden has a widening lead over Mr. Trump following the first debate between the two candidates, but that was before the president disclosed that he has coronavirus.

Mr. Trump's illness has added to the confusion and uncertainty in the home stretch of the 2020 campaign, raising questions about the Senate's ability to proceed with a contentious Supreme Court confirmation process and new bills for government aid to businesses.

On Tuesday, Federal Reserve Chairman Jerome Powell warned of potentially tragic economic consequences if additional support isn't provided to businesses and households.
Investors will look for further insights on Fed policy makers' views on how best to support the economy when minutes from the September meeting are released at 2 p.m.

The yield on the 10-year Treasury edged up to 0.759%. Expectations that interest rates will be kept low have left U.S. government-bond yields rangebound in recent weeks. But the yield closed at 0.760% -- its highest level since June -- on Monday, lifted by mounting hopes for a new fiscal stimulus deal, before settling down at 0.741% Tuesday.
Federal Reserve officials wrestled last month with how to apply their new policy framework to an economy battered by the coronavirus pandemic, according to minutes of their Sept. 15-16 meeting released Wednesday.

Officials raised the bar for interest-rate increases at that meeting and signaled they expected it would be at least three years before they would near the new threshold.

Fed officials laid out a three-part test that must be met before they consider lifting short-term rates from near zero. First, they need to be satisfied that labor-market conditions meet their maximum employment goals, which weren't spelled out. Second, inflation must reach 2%. Third, they will need some evidence -- from forecasts or market-based measures -- that inflation will continue to run moderately above 2%.

Two members of the rate-setting committee dissented from the decision for opposing reasons. Dallas Fed President Robert Kaplan favored less precise guidance while Minneapolis Fed President Neel Kashkari preferred a bolder version.

New projections released at last month's meeting show officials expected a somewhat stronger economic rebound this year and a speedier drop in the unemployment rate than they did in June. But there was still considerable uncertainty over the path of the virus and its implications for growth, hiring and loan losses that could weaken the financial sector.

Several Fed officials have expressed concern at the prospect of delayed or reduced fiscal support from Congress and the White House after expanded unemployment benefits and support for small businesses expired this summer. Some officials have said their more optimistic forecast was premised on at least $1 trillion in additional spending.

Fed Chairman Jerome Powell on Tuesday said he saw greater risks from doing too little to support the recovery than from spending too much. "The expansion is still far from complete," he said.

Later on Tuesday, President Trump said he would suspend negotiations with Democrats in Congress on a relief bill until after the Nov. 3 election. A few hours after that, however, Mr. Trump said he wanted the Congress to quickly pass additional spending for hard-hit businesses and to provide another round of stimulus checks to households.

Fed officials have also expanded their asset portfolio since March, initially with the stated goal of repairing market functioning. At their meeting in June, officials thought the central bank would need to "provide more clarity regarding purchases of Treasury securities and [mortgage bonds] as more information about the trajectory of the economy becomes available," according to minutes of that meeting.

Officials provided a slight clarification last month by stating that these purchases were being maintained now to support a faster economic recovery. Since mid-June, the Fed has been purchasing $80 billion a month in Treasurys and $40 billion a month in mortgages, net of redemptions, down from even larger quantities in the spring.

Reframing the reasons for these purchases has done nothing to elucidate the circumstances under which the Fed might adjust the bond purchases. These questions include whether and how to link guidance about rate plans to the pace of asset purchases and whether to shift purchases of Treasurys to longer-dated securities, as the Fed did during its 2012-14 bond-buying program. Currently, the Fed is purchasing a wider range of short-, intermediate- and long-term securities.
If I see Cristiano Ronaldo enter the restaurant that I’m dining in, I’ll be thrilled! I’d approach him and request for a photo together and an autograph. 📸

Fan boy mode ON! 💯

Similarly, if I see any of these 7️⃣ rare and powerful bullish reversal candlestick patterns, I’d go Long.

What are they? How can you identify them correctly? 🤷‍♀️🤷‍♂️

Learn all about these 7 rare and powerful bullish reversal candlestick patterns now!
FASTLY got hammered in post market last night after negative news impact.

Watch for the opening price range tonight to give you an idea of what to do with FSLY
Market Insights:
The hopes relating to the BioNtech and Pfizer vaccine story is pushing up stocks.

September’s retail sales report showed growth of 1.9%, and that was a big jump on the 0.6% registered in August. The reading that strips out auto-sales rose by 1.5%.

It is encouraging to see that consumers are content to go out and spend as it bodes well for the recovery.  
“What’s that candlestick pattern? How does it work?” 🤷‍♂️🤷‍♀️

All of us want to make money. However, it is only the most diligent who succeed. 💪

In this week’s article, you’ll learn about the 5 more rare and powerful bullish reversal candlestick patterns. Case studies included.

Learn all about them now! 👇
Breaking News: US jobless claims fall by 55,000 to new pandemic low.
Futures are on the rise.