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Stock Market Recap. July 26, 2019 MasterChartsTrading.Com

7/26/2019

3 Comments

 
•Stocks hit new records – SPY, QQQ, DIA

•Pullback trade examples – Starbucks (SBUX), Google (GOOGL)

•Breakout trade example – Travelers (TRV)

•Junk debt is in agreement with stocks – JNK

•Waiting for the rate cut from Federal Reserve – Long-dated Treasuries (TLT)

•Gold holding on to gains despite Dollar strength – XAUUSD, DXY, Euro, Pound

•Reading candlestick patterns: When a bullish candle is not bullish – GDX, GDXJ
​
•Crypto Review. Pullback likely not done yet – Ethereum, Litecoin

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3 Comments
bigcat
7/27/2019 03:19:08 pm

Special Indicator reinvent the wheel right looks like your using and draw Fibonacci down near 0.618 .70 retrace level high and quality stocks hoping your right surprise surprise central bank pegging interest rate at the low wont raise of course there up

Reply
Alex
7/31/2019 03:21:07 pm

It's difficult to understand your message because of the lack of punctuation marks. Let me assure you, I am not using Fibonacci.
-Alex

Reply
indira
7/8/2020 04:06:11 am

Hi. Great comment. I don’t have all the answers. My thoughts are as follows:
1) If Feb or Dec 2018 caused massive losses then… you traded too big and too aggressively.
Many people (not me) actually made money in those months.
2) I don’t think there’s any other way to trade than to pick your spots and be patient.
You’re also reducing risk by being patient.
I trade much less frequently than I used to, yet my results are the same (and I have less stress).
If you’d like to discuss, you’re welcome to book a call https://beststockstrategy.thrivecart.com/30-minute-call/
or take the alerts at
https://beststockstrategy.com/memberships/

Reply



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