WhiskeyTangoFoxtrot3

WhiskeyTangoFoxtrot3 Mar 29, 2019

From February 2018 entry until early March 2019 entry, LTC is the best performing crypto. Not much else to say beyond this other than its still extremely high beta. If you would like more words with my financial analysis please feel free to check out more content at www.anthonylaurence.wordpress.com

WhiskeyTangoFoxtrot3 Mar 29, 2019

The fundamentals of the Eurozone remain weak. The politics are toxic. Technically, RSI has a long way to go before oversold. Moving averages all trend down. I imagine we could reach 1.115 before a reversal to the upside. For more analysis, check out www.anthonylaurence.wordpress.com

WhiskeyTangoFoxtrot3 Mar 29, 2019

A few points to keep track of before the potential final vote on May's deal. First, whats being voted on is entirely different from previous votes. The details are complicated, but essentially the previous failed votes are now broken up into two main sections (which is apparently contrary to previous UK laws passed, but whatever) and the EU asserted that it would...

WhiskeyTangoFoxtrot3 Mar 28, 2019

We're all green for 5 to 90 day exponential moving averages, RSI and stochastic both signal we have room to go before a short. This was is a long, but not its a few day trade for a scalp so keep your eyes on your screen. For more, check out www.anthonylaurence.wordpress.com

WhiskeyTangoFoxtrot3 Mar 28, 2019

From the BBC an hour ago, "Wednesday saw Mr Bercow once more cite parliamentary precedent to rule that another vote could only take place if the proposal tabled by the government was "substantially different" from the previous one." Without PM May's deal, there is no obvious direction for Brexit to go forward with regarding any significant deal between the UK and...

WhiskeyTangoFoxtrot3 Mar 28, 2019

US China trade war resolution more forcefully impacts Shanghai Composite and Shenzhen Component, but Hang Seng should also see some gains. Moreover, we have seen a bit more progress in the negotiations apparently with tech transfers, tech war. Let's see if it pans out though. For more, check out www.anthonylaurence.wordpress.com

WhiskeyTangoFoxtrot3 Mar 28, 2019

While several exponential moving averages still signal that BTCUSD is trending upwards, traders are witnessing a significant decrease in volatility to the upside as measured by rate of change (ROC). Although volatility is usually not a quality sought after in assets, for BTCUSD traders it is fundamentally a function of why investors get in long or short for the...

WhiskeyTangoFoxtrot3 Mar 28, 2019

While RSI and Bull/Bear sentiment have edged away from clear overbought signals, we are continuing to see exponential moving averages assert their authority in suggesting the uptrend will continue. This is the case for the 'ribbon' of EMAs excluding the five day EMA which price action has dropped below. In the short-term I am a bit bullish on Taiwanese equities...

WhiskeyTangoFoxtrot3 Mar 28, 2019

I've talked extensively on how a no deal Brexit is more likely here: This is primarily my reasoning behind why I'm neutral to short on EURUSD in the medium- to long-term (1 to 3 months). There's plenty of other good reasons to be short EURUSD including continued weak data releases from the Eurozone, possible continuation of a recession in Italy, and potential...

WhiskeyTangoFoxtrot3 Mar 28, 2019

With all of the indicative votes failing in the House of Commons and PM May's deal looking increasingly unlikely to pass, the UK is now in serious jeopardy of an accidental crash out of the EU. The price of the pound does not reflect this pact and incredibly the historic 10-day volatility of the pound has dropped back down to relatively normal levels. I am still...

WhiskeyTangoFoxtrot3 Mar 27, 2019

Gold is rising along with Bitcoin and other crypto currencies while most major world currencies are weakening. We can see that trend with Litecoin for example over the past several months here: However, when we change the x axis and shift the time frame left towards further back in time, we can see the extreme volatility of cryptos. While over the past three...

WhiskeyTangoFoxtrot3 Mar 27, 2019

Much of the trading is focused on ranges as opposed to breakout with follow through potential. Moreover, while technicals are quite insightful to herd psychology, the fundamentals will be driving markets going forward in the next 24 to 48 hours ahead of us. This includes assets mostly affected by ongoing themes, such as the pound (GBPUSD) which has primarily been...

WhiskeyTangoFoxtrot3 Mar 26, 2019

Gold has been performing quite well over the past months at the same time that equity markets have been increasing. How is this possible? Gold is a risk off asset and shouldn't increase if risk on equities increase. The answer lay in the fact that gold is merely appreciated against all currencies as can be seen by the trade weighted dollar, yen, euro, and pound...

WhiskeyTangoFoxtrot3 Mar 26, 2019

The price of LTCUSD is now the longest bull market run since the run up to record highs back in 2017-2018. Moreover, evidence suggests there is still a bit of room to run before we run into some technical overbought territory as suggested by our SSI and sentiment indexes. While Daily FX does not provide sentiment analysis for Litecoin as they do for Bitcoin, we...

WhiskeyTangoFoxtrot3 Mar 26, 2019

We've seen a huge risk-off shift in sentiment over the past few trading days stemming back from last Friday that saw many safe haven assets like the Japanese yen strengthen. There's many reasons why this is including ongoing concerns of a global growth slowdown, signals of recession such as the yield curve inversion, and thematic concerns lurking in the background...

WhiskeyTangoFoxtrot3 Mar 26, 2019

We are fast approaching a conclusion to the Brexit story. While no deal Brexit chances greatly increased over the past week with a short extension of April 12th, UK Parliament is still weighing over whether or not to pass May's deal, a rejection of which would even further heighten the chances of a no deal Brexit. If the House of Commons can pass May's deal, then...

WhiskeyTangoFoxtrot3 Updated  Mar 25, 2019

Expect a bit of a pullback at first as RSI and Stochastic are indicating overbought. However, overall macro trends are solid, global growth may be picking up, and in sum you'll probably make some money on this.

WhiskeyTangoFoxtrot3 Mar 25, 2019

My call on CAC40 is changed from long to neutral now that global markets are increasing their fear on a global slowdown. This is evident in markets around the world as Asian markets plunged today as did European. US is set to be down as well. Overall, the channel break is incredibly disheartening for those expecting higher gains as it was a huge move down (3...