Base Case: Escalation of Israel-Hamas war(IHW). What I mean by escalation? 1) When Israel's ground invasion begins 2) More countries takes sides by way of expression of support via Media outlet 3) Countries begin to supply arms, technology, funds and troops 4) Conflicts in other regions that results in lives taken 5) sharp increase in deaths caused by IHW If you believe any of the above might happen, then it's fundamental news that will bulldoze and throw out most of the technical readings. Expect Gold $XAU/USD(XAUUSD.FOREX)$ and Silver $XAG/USD(XAGUSD.FOREX)$ spot to remain supported and continue to appreciat in value as long as there's escalation of war. If your views are as
which will you choose? 1) winning rate above 90% with returns of 100% or 2) winning rate of 30% with 1000% returns on capital? Follow me if your preference is option 1.
$PATH 20231201 19.5 CALL$ I do see the value in covered calls. But the premium and returns doesn't give As high returns if you have a high conviction on some equities. Straight out options could give 1:2 or even 1:10 returns when you get it right.
Heat Map. they are data that have been painstakingly gathered for consumers to view, analyze and conclude certain views. while it isn't a perfect tool. It provides sufficient insights to keep you abreast of what happen in the past. Take time to view it and appreciate the beauty of those data. Next, it's the critical thinking skills that sets you apart from another trader that's beside you. You can only help yourself. No one owes you a living. Take courage to own your future and happiness. Learn and apply. happy trading guys and gals.
$HCF.HK 20240429 60.00 CALL$ PBOC RRR cut - Means more than one trillion in cash into the monetary system. SOE to stand to benefit too. Using HSCEI ETF to bet on rally in Chinese stocks