Daily Alert: Tuesday 23rd October 2018

Mark NugentDaily Alert, Oct 2018

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Daily Alert: Tuesday 23rd October 2018

It’s flat as flat can be. Most equities didn’t move much yesterday but all continue their drop today. The JPY was flat yesterday but overnight has strengthened on the risk-off sentiment. All other currencies apart from the USD are down. Oil goes nowhere and GOLD drops, although the latter is rising as we speak on the sentiment.

It is reasonable to trade negative sentiment, e.g. shorting equities, but it is not something I tend to do. I may change my mind, particularly on equities, if we pass through correction territory (a loss of >10% from highs).

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Daily Alert: Tuesday 23rd October 2018

It’s flat as flat can be. Most equities didn’t move much yesterday but all continue their drop today. The JPY was flat yesterday but overnight has strengthened on the risk-off sentiment. All other currencies apart from the USD are down. Oil goes nowhere and GOLD drops, although the latter is rising as we speak on the sentiment.

It is reasonable to trade negative sentiment, e.g. shorting equities, but it is not something I tend to do. I may change my mind, particularly on equities, if we pass through correction territory (a loss of >10% from highs).

Here is your video:

You can download the video HERE.

The updated Trading Plan is HERE.

There is an archive of all VIP Club member’s content on the VIP Club page.

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