Risk off endures and the greenback surges

Equities  While risk aversion if flooding back into the fray. The US morning sell-off in the tech sector triggered the equity rout. Given that Apple shares are so widely held, nothing good ever comes of a 5 % decline on the back of concerns over iPhone sales. On the financial sector, 1 MDB continues to… [...]

IS THE SQUEEZE FINALLY OVER FOR BTCUSD?!

IS THE SQUEEZE FINALLY OVER FOR BTCUSD?! Bitcoin / Dollar BITSTAMP:BTCUSD scorpiousg This is not an instrument that I actively trade but as a student of Technical Analysis and due to the hype prevailing on this instrument, It has become a point of interest to see if what I have learnt so far can be… [...]

Auto Stocks Slide On Reports US Car-Import Probe Is Advancing

Minutes before the close of a brutal trading day that saw the Dow dump more than 600 points, Bloomberg published a report that simultaneously stoked the worst fears of German carmakers and US investors who are desperately searching for a positive trade-related headline to reignite the rally. The headline sent shares of Ford and GM… [...]

Humble Idea – EUR/USD Short

Humble Idea – EUR/USD Short Euro Fx/U.S. Dollar FX:EURUSD The_humble_trader Missed the break today, nevermind, the markets are kind enough to offer second chances. Wait for the pull back to the pink box, confirm the resumption of bearish momentum with a failed break on the 4H view, enter with a stop above the top of… [...]