Hedging your Margined Account
If you are worried about any negative reaction to indices and gold from the lack of progress in US-Iran negitiations and would like to hedge. One way I'm doing it is via the following: Short US100/Nasdaq, Short Gold and Short USDJPY. If negotiations fail, the rise in USDJPY will be offset by the decline in indices and a pullback in gold. But these pullbacks are likely to be brief. If on the other hand, Trump announces an extension in the deadline i.e. a positive development, then the rise in gold and indices will hurt your positioning, but USDPY will help your portfolio. This scenario's profitability, will obviously depend on the extend and SIZE SIZE SIZE of your trades in gold and indices. More precise levels positioning is shared with members of the WhatsApp Bdcst Group. Good luck and watch your SIZE !
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Leonardo Fibonacci was born and died in Pisa, Italy but where did he refine his Maths abilities? Here is a 90 second video from that very land and a little something about fibonacci confluence in gold. Watch here.
Read More...You thought that quiz i posted last Friday in Cordoba had nothing to do with the markets. Think again. 3 of the 4 numbers are related to oil, rather to to a certain date to be more precise. Out of the several trades I shared with the WhatsApp Group, the one that remains valid right now (if you receive this late) is Short USDJPY --and we're going to 157.70s. Watch the brief video til the end to understand the meaning and possible implications of the numbers for today's actions/events. Watch here.
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