Hello, I'm Yasser, and I would like to present the weekly newsletter of the financial markets.
Forex
The pair took a side-way trend the past week, this kind of trend happens when there is uncertainty in the markets, or the trend is about to change its direction, or it might be just consolidation for a further drop, we saw that the situation hasn't changed so far in the first day of the week.
Commedtties
The pair started the week in a gab upside, and it happened because the G7 decided to block the Russian Gold, so we expect the Gold to rais in this week.
Stocks
The Asian stocks were painted in blue affected by NIKKI's rise which happened because Japan announced they will pursue their accommodative monetary policy.
Crypto
A slight rise in the BTC could be a correction, lets's just wait for the New York session, it will be the first of the week.
If you think I can help you in any form, please feel free to reach out to me.
Just last night I took a short position, because I believe that the markets will correct slightly today during the day.
That's NOT A good strategy in our business, I strongly advise against this type of trading.
Thanks for your reply!🤗
Why? What did I say, that you don't think it's a good idea?
Opening positions and bet for the correction, that's how I got you, did you mean something else?
What about a bet following Risk Management (positive PL ratio) ??? I'm just joking bro.
- EvM
I do scalping operations in Futures of Cryptocurrencies, my short position was closed during the opening of the morning market (NY), with profits. I didn't mean long term or overleveraged or anything like that. My entire strategy is well calibrated with risk management appropriate to my trading plan.
But I understand that for you it was not a good strategy if it is not what you usually do.
I trade futures. I only commented your post because just your vision coincided with mine at this point in time, nothing more.
Thanks for responding to my comment. Nice to meet you and I am open to discuss ideas if you want, some other time.
Best regards.
Thanks for the update, I am still keeping my fingers crossed until we are fully out of the woods.
I think we will be in the wood for a while, things are NOT good in the USA.😥
Thank you for the information, very useful. I hope the market will get back better again, I'm sure it will. Thanks!
I market will get better. It is just a matter of when. Thanks for sharing.
What if the (when) is 10 years from now?😎
Thanks for your interaction