Author Archive: Jeremy Parkinson
Learning Emotional Control From This Year’s Market Moves
Labor Day Weekend has ended, and the year is two-thirds over That means it’s a good time to assess what has happened and where we stand in the markets. It’s also a good time to remember what you might have been feeling earlier in the year when asset classes were behaving differently.Understanding your emotions is […]
Sensex Extends Losses; FMCG Stocks Top Losers
After opening the day flat, share markets in India witnessed negative trading activity throughout the day and ended well below the dotted line. Sectoral indices ended the day in red, with stocks in the FMCG sector and stocks in the consumer durables sector leading the losses. At the closing bell, the BSE Sensex stood lower by 139 points (down 0.4%) and the NSE Nifty closed […]
Cryptocurrencies Flash Crash; Bitcoin, Ethereum Plummet On No News
Just before 6am ET, cryptocurrencies suddenly flash crashed, tumbling on no news with some plunging as much as 12%, after a largely unchanged overnight session. Bitcoin, the world’s biggest digital asset, erased gains and fell more than 3% in about minutes, tumbling back under $7000 after trading in the mid-$7300 range earlier. Litecoin, Ethereum and […]
EUR/USD Under Pressure Double-bottom In Danger
The EUR/USD ended its recovery and began another European morning with a drop. Concerns about EM, Italy, and trade dominate. The technical picture is bearish with a crucial double-bottom watched. The EUR/USD is trading in the mid-1.1500s, down on the day but at similar levels to those seen in Tuesday’s European session. The US Dollar […]
Continuing EM Pain Helps The Dollar, But Does Little For Yen
The dollar is posting gains against most of the emerging market and major currencies. The MSCI Emerging Markets Index is off 1.6% and extending the drop to a sixth consecutive session. Indonesia’s bourse saw the largest decline (~3.75%) in the region. In part, it reflects concern that the rupiah’s weakness (falling now nine of the […]
BTC/USD Forex Signal – Wednesday, Sept. 5
Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades can be entered until 5pm Tokyo time, over the next 24-hour period only. Long Trades Go long after a bullish price action reversal on the H1 time frame following the next touch of $7,333 […]
A Great Trading Lesson On The GBP/JPY
The daily chart for the GBP/JPY is perhaps one of the most interesting at present as it highlights several trading related issues which apply to all markets and time frames, and from which we can learn some important lessons. And the focus here is on the price action of the last few days, and in […]
Don’t Cry For Me Argentina – It’s A Global Debt Crisis
The sone maybe Don’t Cry for Me Argentina, but it applies to the entire world for what happens in Argentina is merely the beginning of the global debt crisis. We can see from the chart that the dollar has been soaring. However, the Array picked August as the Panic Cycle and that has been spot […]
Betting & Bitcoin In The United States
Worldwide bitcoin trading has long been very difficult to predict, and to many, it’s been disappointing. At least as a currency, Bitcoin hasn’t been adopted in the sweeping and rapid way some expected, and it certainly hasn’t supplanted fiat currencies around the world – though that isn’t to say it isn’t out there. Contrary to […]
The Next Economic Collapse Could Start In Fall 2018
Video Length: 00:28:20 I speak with Michael Pento of Pento Portfolio Strategies about the possibility of an economic collapse happening as early as Fall 2018. In this interview, Michael shares the rationale for his forecast and why gold and silver are the assets to accumulate now. He sees Fed rate hikes coming to an end for if […]
