ON THIS DAY in 2018 the #vix had its biggest ever daily percentage move (103%) on the back of #NFP on the Friday before kicking of #volmageddon. Similar to type action to August 2024
ON THIS DAY in 2008 The Fed cut interest rates 50bps outside of their scheduled meeting partly in reaction to the ~12% one day European sell off as Jerome Kerviel's rogue trade positions were exited. Nice 3rd week of my trading career...£25k in 2mins #OnThisDay#FOMC#DAX
Even after Bear Steepening induced the huge drop in #Gold recently there could still be more. Pennant break down can reach 1813. Key is reaction to 1826 either hit it and bounce or break and straight line to 1813 #gold#trading
@tfl I'm on Elizabeth line to Reading Conductor/driver just came on the mic and called out a wheel chair user, saying "you need to let us know ealier where you wish to get off, otherwise you are delaying the whole train and wasting everyone's time." This is shocking!
Wondering if @CostaCoffee are aware of the apparent actions of their Pangbourne, Berks franchisee and how it appears he is actively preventing a small, independent family deli from trading by cutting off their water supply? #boycottcostapangbourne
Big break through bad lows from April in #Gold potentially on today (big ask on recent volatility) but holding below 2000 today sets up and attempt tomorrow or Thursday #trading#DebtCeilingCrisis
Another unsurprising, uninspiring limp out of a cup for @SpursOfficial Conte is just an Italian Morinho, boring, outdated and living on past successes whilst blaming others for current failures. #conteout
Technical analysis is subjective despite it seeming to have a clear objective structure. Take the flag in #EURUSD using the pole to create a target it could be either 120 ticks (small pole) or 340 (big pole). Neither show the true scope of the move though...
The flag is part of a much larger (again subjective) inverse Head and Shoulders so the break of the flag has more the 120 or 340 tick potential. It could be a long term low targeting 1.0780 or 1.0960. Point is this is more than simply any old flag if it breaks #trading#FX