The content is now separated between markets/folders I track. It´s easier for me and I hope it´s easier clear for you too.
What I am looking at:
From last week:
I had to cut my longs on gold. The position was making me uncomfortable and I think gold is heading lower. I was wrong on my assessment the market wouldn’t do the same as 2008.
I shorted CADJPY again on Tuesday pump and closed on 74.883 retest.
For this week, I have to be completely honest. I feel disconnected with the market.
I can´t figure out the movements, this is the first “recession” on my trading journey and I am trying to figure out whats what and its not easy.
I don’t trade on instinct and this market conditions are making me uncomfortable, so I am opting out not to trade(real capital) and study market movements and behavior.
This being said, It´s an easy way to practice and learn without loosing capital.
This isn’t taking the week of, I am still working on my trading journey. Sometimes embodying the “You don’t know what you don’t know” is the best thing you can do. Apart from paper trading, I will re-watch this:
Brushing up on my macro indicators and studying on how to correlate them.
My macro opinions for long term:
We are heading lower, much lower on stocks.
US bond yields are going to zero.
Gold and silver will go a little bit lower before acting as safe heavens.
Commodities will behave like gold, specially grins.
EM, AUD, CAD fx will get destroyed vs USD and YEN.
I will update my opinions on the next trading week prep
CNY – Industrial production y_y / Fixed Asset Investiment ytd_y /Retail sales / Unemployment rate
USD – Empire State Man. Index
CHF – Seco Economic forecast
GBP – Avg. Earnings index 3m_y /Unemployment rate
EUR – ZEW German Economic Sentiment/ ZEW Economic Sentiment
USD – Core retail sales / Retail sales /Industrial production / Business Inventories / Jolts Job openings NAHB Housing Index
EUR – Final CPI / Final core CPI
CAD – CPI / Core CPI
USD – Building Permits / FOMC
AUD – Jobs data
JPY – Rates
CHF – Rates
USD – Fed Philly Man. Index / Unemployment claims / CB Leading Index
EUR – German PPI
CAD – Core Retail Sales