Sunday, June 26, 2016
It's hard to stay optimistic when markets crash like this, but I think there are also huge trading opportunities in such a scenario. If the markets rebound then it's game-on! Not only there are great opportunities in the currency markets, but also the commodity and stock markets. Stocks that were heavily affected by the result of the Brexit may then be a lot cheaper, think of British automakers for instance. In the short term I don't think this chaos is far from over, mainly because I expect other countries in Europe wanting to hold referendums soon as well. A Frexit, Nexit next? Perhaps every country in Europe might want to hold their referendum, only causing more economic instability in the (financial) markets.
It's not only the Brexit that is causing turmoil in Europe, today Spain is holding elections as well, the outcome could spark even more volatility. Whatever the case is, chances that the markets rebound tomorrow and the rest of the week is slim to none in my opinion, especially now that there's so much going on. It definitely is not going to blow over in a week, that's why I believe there are a bunch of short opportunities, go short now while you can (in the right trades of course)! Eventually the markets will correct themselves, but until then it's trying to make money with short positions.
Limit your risk, and research trades well before you execute them.
Let's have a profitable week!
Wednesday, June 22, 2016
Monday, June 13, 2016
My trading setup would begin around 1.41, anything below would signal an even further drop towards 1.40 and below, anything above 1.42 and there may be an upward trend. Regardless I'm keeping a close eye on the psychological level of 1.41. When a Brexit indeed does happen, we can expect to see an even much lower GBP/USD, perhaps even as low as 1.25 in the short term. I'm usually a cautious fx trader, but in this case I'd risk a 30 pip SL in either direction.
We'll see what happens.
Thursday, February 4, 2016
Friday, January 15, 2016
The blue arrow indicates there are buyers in this market, the last few times a candle arose like this, a bull market followed - not a long one, but at least there was one. Looking at the charts I see big opportunities lying ahead. I don’t want to delve into specifics when it comes to stocks (still doing research, I’ll post my picks on twitter as soon as I have my list ready), but already the Dow and the oil trade are on my trading list. Both of them are pretty simple trades, with the Dow regaining the losses of the beginning of the week and when it comes to the oil trade; $30 is basically the psychological price point. One of the reasons why it has been hovering around there. If it crashes any further, I think below $29 is a pretty good trigger, we can fairly assume that the downward trend will continue, if above $31 next week it could signal an uptrend. Either way, it will cause a domino effect in the financial markets. As for now I am a seller of oil, mainly due to the oversupply. When it comes to the Dow, I’m looking for a good entry point. I’m keeping a close eye on both CFD trades.
Good Luck trading!
+John van der Munnik
Tuesday, December 1, 2015
Wednesday, November 25, 2015
Portfolio Options for VDM Trading 2016
Starting balance for participants: $100,000.00
Commission level: $10.00
Credit interest rate: 3.00%
Debt interest rate for leverage: 6.00%
Minimum stock price: $1.00
Maximum stock price: $500,000.00
Trade volume Limitaion: 1.00%
Short Selling Enabled
Margin Selling: Enabled
Limit Orders: Enabled
Stop Loss: Enabled
Partial Shares Enabled
Again, joining is free and easy and can be done by clicking here or clicking the join button below. Hope to see you soon!!
All opinions expressed, trade recommendations/advice on this website are solely of John van der Munnik and are not affiliated with any investment firm or any other organization. You should not make an investment only based using this website VDM Trading for your trading needs without seeking help from your own financial advisor.