Tag Archive Trade

Stock Market Tumble Allows More Trade Opportunities




With a stock market tumble allows more trade opportunities.

What a few weeks it’s been, and may still not be over for a while, trade disputes have been stepping up a notch, the mention of around $200 Billion worth of tariffs voiced from Trump and the Beijing reaction from China has meant a stock market tumble recently.

Both Washington and Beijing have stuck to their positions, however we could be upbeat about this, so long as no further trade spat happens or deteriorate between the two.

Not forgetting Brexit, a word close to peoples lips both in the UK and Europe, but also in North America.

We took an opportunity to enter in to some more trades to take advantage of the stock market tumble, with the DAX  we’ve got in to a buy trade on what appears to be a bounce in price, this looks to come from an area of buyers waiting at around the 12000 level, this may last until a possible area of sellers at around 12500.

stock market tumble

(Our trading and image was done using an account with UK based broker IG)

In the FTSE we got in to another buy trade from the move up in price from buyers at around the 7200 to 7300 level, we feel this may go back to pre-economic worries of around and above the 7600 price.

We’ll wait to see what happens when Theresa May is set for talks with the EU on post-Brexit Irish border problems, this could lower the value of the pound, so could potentially help boost the FTSE price.

stock market tumble

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




No Gold Rush at the Moment




No Gold Rush at the moment it would seem.

Gold could still rebound, though in the past few weeks we’ve seen the selling of the gold metal becoming hectic as if it was in an alternative gold rush to sell.

We believe a bounce had been coming hence why we entered the trade, however it could be the bounce is short lived and a continuation of the downtrend.

We entered for a Buy trade to get on the “Gold Rush”, but we don’t feel it will last long due to the position of sellers still, at around the 1200.00 area, price looks like it had a moment of strength to take it back up to that level and the sellers will enter again for another sell off and take price down further to an area we believe to be containing buyers around the 1150.00 area.

We’ll be taking a close watch of current economic events such as the US-China trade talks, as this too will be sure to have an impact on Gold.

Gold Rush

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




FTSE 100 Trading Between Zones




FTSE 100 Trading between zones, we are still in our trade at a profit.

Amid fears of the UK potentially heading for a no deal Brexit, this in turn will weaken the Pound and currently does so, however the FTSE 100 does benefit from a weaker currency.

Other economic news has seen the recent sanctions by the US government on Russia which has led to the commodities selloff,  the FTSE 100 contains a number of mining and oil stocks, a lot of these can be effected by Commodities in Russia.

With note of the economics, for a while the FTSE 100 trading has mostly been contained to between the two zones, an area of support holding buyers at around the 7600.00 price, while the area around the 7800.00 has been keeping the FTSE 100 in check and acting as resistance stopping further upward movement.

The large amount of sellers at around the 7800.00 will need to be weakened if the FTSE 100 is going to reach the 8000.00 price mark.

FTSE 100 Trading

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




British Pound Takes a Tumble




The British Pound Takes a Tumble and has helped us to profit.

The Pound weakness continues, this can be put down to the current Brexit news, we’ve seen the British Pound lose 0.5% against the Euro and US Dollar, as well as can be seen from one of our trades, trading GBPNZD.

In New Zealand Economic news on Sunday, we had the ANZ Commodity Prices m/m which is the average price for New Zealand’s main commodity exports sampled on the global market, this came in at -3.2%.

However on Monday we had the BRC Retail Sales Monitor y/y out of British Economic data at 0.5%, this would have weakened the British Pound as it’s a measure in the value of same-store sales at the retail level.

These bits of data and the news about the possible No-Deal with the EU in the Brexit negotiations, the British Pound will be weaker, so we took the opportunity to go short GBPNZD.

Noting the GBP being in a bearish position, the cheaper Pound makes imports more expensive, however the upside to this is making UK exports cheaper and competitive to other countries in the world, what will be critical is the meeting in October between Theresa May and EU leaders.

We wanted to stay in the trade for longer, though being cautious of the potential buyers building up in the zone around the 19000.0 area, we didn’t want to leave good money on the table and took the £125.90 for the fund while the going was good.

British Pound

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Profit on Japanese Yen Weakness




We entered this trade to profit on Japanese Yen weakness.

We entered this trade, taking into account forex trading news events, we hoped to stay trading longer term until price could reach at least above the 8400 mark.

On the the chart we can clearly see an area around the 8400 mark, and price appear to be trying to gain higher levels at previous times, while also dropping to lower and lower levels also.

Hoping that price could break through what was becoming a strong level of resistance, if this had happened, we may have seen price move to possible area around the 8700 area.

Noting this week we had data for the AUD we had Monetary Policy Meeting Minutes and Unemployment Rate and for the Yen, the news of Japanese Trade Balance.

So being both cautious and mindful of the sudden change in the money trading, we decided to take the profit for the fund.

Japanese Yen

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Trading CAD/JPY for Profit




Deciding this week on trading CAD/JPY forex pair for profit.

We intended on staying in the trade for only a short time rather than long term, knowing the Canadian Dollar is massively affected by oil prices, this is because of Canada’s export of energy, we had a slight concern over volatility.

Next week could be interesting for the Canadian Dollar and trading CAD/JPY due to the Bank of Canada monetary policy announcement that could add intense volatility to the Canadian Dollar.

Also the ongoing trade tensions that the Canada could have with the US with tension over trade with China is a risk for the Canadian Dollar.

We also took note of the Bank of Japan’s latest QE policy and how it deals with the latest inflation battle and at the same time, trying to give the Japanese Yen some strength to help it’s economic activity.

Still we managed to trade the CAD/JPY and take some profit of £143.90 for the fund.

Trading CAD/JPY

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Trade Worries to Quick Short the Dow




At the end of June we took an opportunity with current trade worries to quick short the Dow Jones.

This was a quick move, although not at first planned as we had hoped to stay in the trade longer to allow for the risk/reward ratio to get better.

The Dow along with other stock markets around the world become victim to fearful trading recently shown to be blighting the European market sessions.

In the markets the is still trade worries about Trump’s wording and planned tariffs against Chinese products, and it could be continued that both China and the US are not going to be resolving the trade issues any time soon, however never say never and these things can surprise us when we least expect.

We conducted some analysis and prepared to take a trade, although perhaps for a little longer, but decided a quick “scalp” as it turned out for £1,042.00 profit was good for the fund.

Trade Worries

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Shorting Silver before a Breakout




Shorting Silver before a breakout, with silver looking to have been trading with in a narrow range for a good couple of years as shown by the bottom Tradingview weekly chart.

Within the narrow range we took our opportunity to take a quick short trade on silver, price had reach the resistance level, so after hitting this level it was struggling to breakout still, after placing our trade, price then took a sudden drop similar to the previous drops as shown on the daily chart below.

We know that price will have to breakout soon, and our conclusion is it’ll head for an upward trend, when, this we are unable to speculate at this time, the is a build up of orders appearing below and around the 1650.0 area, whether these buyers have the strength to help price breakout of the current range soon and even take price slightly highers is again hard to speculate but could be possible.

We as always had been thankful for our analysis help us to a profit of £60.10 for the fund, we could be keeping a close watch on silver for more opportunities, perhaps not to short and more or a buyer potential.

Shorting silver

 

Silver on the Tradingview Weekly Chart.

shorting silver

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




GBPCAD First Trade of the Week




In to the started June with the first trade of the week on GBPCAD.

We had some UK data from the Construction PMI showing perhaps modest improvement within the UK construction activity as we are midway through the second quarter of the year at 52.5 for the month of May.

We also had Services PMI at 54.0 above what was forecast at 52.9 meaning possible industry expansion however in recent months we have seen business volumes continued to rise at a relatively subdued rate and weak customer demand so how long the increase can hold is anyone’s guess.

These result had given the GBP some strength.

With Canadian Labor Productivity q/q out, the last result back in March had been 0.2% which was more than forecast, on today’s expected result some investors could be waiting nervously expecting a further drop in strength for the CAD.

We entered our first trade of the week for the short term given the new releases.

And with possible Sellers at around the 17600 area looking to short, we didn’t want to hang around for long.

So still managed a nice profit of £153.80 for the fund.

first trade

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




Quick Decision on Oil





Oil had been in a uptrend for a short period of time, we made a quick decision on crude oil.

We decided on a quick sell trade, as we believe price had been touching resistance level.

However with news that OPEC to be cutting crude output by as much as 1.8 million barrels per day.

Despite the recent cuts, analysts say supply is still going to be meeting demand, we could soon see another rise in price.

Oil Trade

(Our trading and image was done using an account with UK based broker IG)

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*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 




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