AdamFx42のブログ

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US elections closing in

With US elections closing in, I plan my strategy for trading
Here are my thoughts on the matter:
- I do not believe Trump will win
- There are so much prominent television figures opposing Trump, that most Americans will refrain/not dare to vote for him,
in fear of feeling stupidand/or rejected by society - people are being subtly brainwashed into voting Clinton
- The current (popular) president Obama supports Hilary Clinton, as do most world leaders
On election day we should, therefore, see a …
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How to Trade the USD situation

It would seem as markets start to open again, that Usd/Jpy, and the crosses will be opening slightly higher
The market is very thin and illiquid because there are no traders active in Australia today
because of a national holiday over there - so, beware of sharp moves!!
Usd weakness could persist and if Usd/Jpy breaks down 101.95, we should be selling,
if the pair breaks upward resistance level of 102.75 we should be joining in with the bulls and buy,
it wouldn't hurt to buy the crosses then too…
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