There's a nice shape to the crypto moves of late, and Ethereum is one we’re seeing better flow with 82% of open positions held long. Traditionally retail derivative traders will have a skew towards countering a trend, especially one that’s been in play for 15 bars and has only really seen one down day in the time.
The set-up is clean – we broke the downtrend on...
Chris and Blake are back at it! Tune in for a smorgasboard of market banter, trade ideas, charts we have our eyes on and everything that's hot (or not!)
Scroll out on the USDJPY monthly and we can see price pushing a trend break drawn from the 1978 low and that intersects along three lower highs (2015, 1998 and 2015) – we now see USDJPY has broken through the 30-year downtrend and will need a close above 116.70 to print a monthly close through this well-defined trend resistance.
This seems...
Blake and Chris will be dissecting the markets again and looking at a wide range of asset classes, both fundamental and technical analyses and what you need to know about trading the current volatile conditions and the FOMC meeting!
The Trade Off is back this week! Blake and Chris will be dissecting the crazy markets again and looking at a wide range of asset classes, both fundamental and technical analyses and what you need to know about trading the current volatile conditions.
