Charts of the Week, The Week Ahead, Trade Opportunities

Trade Opportunities: XAU/USD

Posted on by TrackRecord Administrator

XAU/USD Daily Candlesticks & Ichimoku Chart (Go Long!)

After trading lower repeatedly in the last few weeks, Gold is finally on firmer footing. The flood of cheap money from governments around the world will drive hard assets inevitably higher. This looks set to happen in the days to come.

Source: tradingview.com

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to the TRACKRECORD COMMUNITY which helps them to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Charts of the Week, The Week Ahead, Trade Opportunities

Trade Opportunities: EUR/USD

Posted on by TrackRecord Administrator

EUR/USD Weekly Candlesticks & Ichimoku Chart (Go Long!)

EUR/USD has been trading firmly since Germany and France seem to be determined to push thru fiscal measures that will help the EMU weather the negative economic impact of the Covid-19 crisis. The currency that everyone loves to hate may be headed higher in the weeks to come if the plan becomes a reality.

Source: tradingview.com

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to the TRACKRECORD COMMUNITY which helps them to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Life of a Trader, Members

Life of a Trader: 9 Jun 2020 (Humility in Trading)

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LIFE OF A TRADER: 9 JUN 2020 (Humility in Trading) This TrackRecord series of podcasts focus on the days in the Life of a Trader. We hope that it will help you and maybe even entertain you as you embark on this journey to become a successful trader! To be profitable in trading, one must […]
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Life of a Trader, Members

THE LONG & SHORT OF IT: Life of a Trader (16 Jun 2020)

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LIFE OF A TRADER: 16 JUN 2020 This TrackRecord series of podcasts focus on the days in the Life of a Trader. We hope that it will help you and maybe even entertain you as you embark on this journey to become a successful trader! In trading, there are times where there are sudden changes […]
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Quiz

QUIZ: How to Profit from the Unexpected

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QUIZ: How to Profit from the Unexpected?

Breaking News: North-Korea just unexpectedly test-launched a nuclear-capable missile over Japan. Which asset will rise in price?
Economic data shows that U.S. inflation is much higher than expected and the fear is that the Federal Reserve may have to pick up the pace of interest rate hikes in the near future. Which scenario will most likely play out?
China, India and Africa’s middle-class population is growing rapidly, the improved purchasing power is putting a strain on global milk supply as demand is soaring. Which currency will benefit the most?
The price of oil starts to go up, as an anticipated recession did not happen and economic activity seems to be stronger than previously expected. Which currency will benefit the most?
Iran threatened to blockade the Straits of Hormuz in retaliation to U.S. sanctions, the price of which asset class will go up?
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QUIZ:

How to Trade when China moves the Markets?

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QUIZ: How will Geopolitical Risks Affect your Trading?

Quiz

QUIZ: How to Trade when China moves the Markets?

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QUIZ: How to Trade when China moves the Markets?

China’s One-Belt One-Road initiative gets approval for a huge infrastructure project funded by the Asian Infrastructure Investment Bank. Which currency pair will rise the most?
China is labelled a currency manipulator, and ahead of an upcoming Trump-Xi meeting, Xi Jinping decides to de-escalate tensions and appease Trump. What will most likely happen to the Chinese Renminbi (RMB)?
With the Chinese economy slowing, the authorities announce their resolve to introduce measures to boost consumer consumption and support economic growth. As the market starts to become convinced that the measures will work, what will be the next likely trend?
Chinese President, Xi Jinping, sends Chinese warships to the Taiwan Straits as a show of force to ratchet up tensions with American aircraft carriers present. Which of the following will most likely rise?
China decides to boycott U.S. products in retaliation to trade sanctions, which of the following companies will face material impact on their revenues?
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THANK YOU FOR TAKING THE QUIZ! Complete your details below to see your score and a detailed explanation for each question, as well as receive more of our informative quizzes and ways to understand the world! Don’t worry, your email is safe with us. TrackRecord does not sell or exchange your name or other personally-identifiable information to/with third-party companies for any purposes.

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3 Mistakes

Every Successful Trader must Avoid!

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Quiz

QUIZ: How will Geopolitical Risks Affect your Trading?

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QUIZ: How will Geopolitical Risks Affect your Trading?

Sino-Taiwan relationship is breaking down. China looks to mobilize the People’s Liberation Army (PLA) to take over Taiwan by force. Chinese warships are deployed along the Straits Of Taiwan as a show of force, in a last bid attempt to get Taiwan to submit to Chinese rules. Which of the following will most likely play out?
Russia amasses troops on the Syrian border with Israel. Israeli Prime Minister Benjamin Netanyahu phones the the White House for U.S. armaments support. Which of the following will rise?
An Intercontinental Ballistic Missile (ICBM) is discovered to be headed towards the Island of Guam (U.S. Military Base). North American Aerospace Defense Command (NORAD) warns civilians in Hawaii to go to the nearest bunker. What is the most likely outcome?
Refugees from the Middle-East is putting a strain on Sweden’s welfare system as the cost of food shelters is rising rapidly. In addition, the cultural difference is forcing more Swedes to join populist groups. A week of protest is expected to take place outside parliament, what is the most likely scenario?
Turkish Prime Minister Recep Tayyip Erdoğan decides to pull Turkey out of the North Atlantic Treaty Organization (NATO). Which of the following will rise the most?
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THANK YOU FOR TAKING THE QUIZ! Leave your details below to see your score and detailed explanations for each question, as well as receive more of our informative quizzes and ways to understand the world! Don’t worry, your email is safe with us. TrackRecord does not sell or exchange your name or other personally-identifiable information to/with third-party companies for any purposes.

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QUIZ:

How to Profit from the Unexpected?

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QUIZ:

How to Trade when China moves the markets?

Take another Quiz to see how you fare!

Work for Money,

or Make your Money work for you

Charts of the Week, The Week Ahead, Trade Opportunities

Trade Opportunities: EUR/CAD

Posted on by TrackRecord Administrator

EUR/CAD Daily Candlesticks & Ichimoku Chart

With the strong upside surprise in jobs creation in the US and Canada, the CAD may become a good currency to be long of going forward. If EUR/CAD posts a strong close below the daily Ichimoku cloud, the next target can easily be 1.4700.

Source: tradingview.com

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to the TRACKRECORD COMMUNITY which helps them to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd