The 2018 Mic Drop Trade
The pound sterling is the currency I have my eyes on for a big climb in 2018, and since the New Year is almost here, the GBP is ready for its debut. Here are the levels I am watching as well as my plans.
The pound sterling is the currency I have my eyes on for a big climb in 2018, and since the New Year is almost here, the GBP is ready for its debut. Here are the levels I am watching as well as my plans.
As I build out my trading plan for 2018, this is what I’m looking for and what I’m setting up for the first week of trading in 2018.
Currencies have been choppy. Equities have shown just how volatile they can be. What’s a trader to do? Focus on the emerging clarity in a handful of markets.
Although history never repeats itself exactly, most of the time it rhymes.
I am getting more focused on the intraday time frames as the year comes to an end. Euro, Dow, Nasdaq and more.
Following up the copper conversation, I walk you through the current trade in gold and how to confirm whether it’s the “real deal”. Also, a look at the aussie and New Zealand dollar as they both have economic data releases, or “hot zones,” as I like to call them. Finally, I share a quick intraday … Read more
If we had sat on the sidelines last week, or even pursued a more delta neutral approach, last Friday and today wouldn’t have been that exciting. Instead we positioned where sideways action would be okay, bullish action would be even better … and the indexes continue to exceed expectations. Let’s see where that leaves us … Read more