Financial news is something I avoid in general. However, the major events in the news like talk about war is one that I pay attention to. Wars generally sends markets south for a few weeks to months.
The markets have been very nervous of late as there has been the beating of war drums, to launch an attack on Syria. I'm not interested in whether there will be a war or whether it is right. I'll never know the whole truth anyway.
What's important is how markets react.
The Yen is showing early signs of strengthening across most currency pairs, which could be preparatory.
Plan your trades, trade your plan. Do not simply react to news. If the technicals show a favourable position and you can safely stand the risk do it. If not stay out.
The markets have been very nervous of late as there has been the beating of war drums, to launch an attack on Syria. I'm not interested in whether there will be a war or whether it is right. I'll never know the whole truth anyway.
What's important is how markets react.
The Yen is showing early signs of strengthening across most currency pairs, which could be preparatory.
Plan your trades, trade your plan. Do not simply react to news. If the technicals show a favourable position and you can safely stand the risk do it. If not stay out.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
