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Daily trading volume in the South Korean won has picked up since 24-hour trading began two weeks ago, a trend driven by foreigners offloading local chipmakers’ shares. https://t.co/kDrbkrAyuh
Wendy Sherman, the former US deputy secretary of state and architect of the 2015 nuclear deal, says the current situation in Iran is harder, riskier and strategically misjudged.
Read this weekend's interview with Mishal Husain: https://t.co/YtN1AaHQB1
📷️: Bloomberg
@I_Am_The_ICT So many traders need to look at this and see how you WAITED to see if prices would hold the FVG. Since it did, the target is BSL. Then you see the perfect reaction off the BSL to give you more confluence that prices SHOULD inverse that bullish fvg now
@I_Am_The_ICT So many people are missing out the sauce here. Notice how he WAITED for that BSL to be take out after the FVG held. Since that BSL was taken out and quickly rejected that gives us more confirmation that the bullish FVG will flip to an IFVG
@DiegoBTrades Personally got stopped out bc I was initially long after 9:30 move. Then watched it play out to London high after. But all good because caught 10:35 shorts after London high was swept🤝
Old me would’ve went on tilt after watching my losing trade play out minutes after
UPDATE: Iran’s "reverse indicator" trading advice continues to play out in real-time:
At 4:12 PM ET on Sunday, Iran's Speaker of the Parliament said pre-market news is a "reverse indicator," if they "dump" the market, then "go long," and "if they pump it, short it."
By 10:00 PM ET last night, S&P 500 futures had fallen nearly -1% on mounting war concerns.
By 12:00 AM ET, 2 hours later, S&P 500 futures had reversed all losses and turned green.
Then, at 7:25 AM ET today, President Trump posted that "great progress" is being made on peace talks sending the S&P 500 +100 points off of its low.
Now, at 3:00 PM ET, just ~7 hours later, the S&P 500 has turned red and is down -100 points from its high, once again "reversing" price action.
That's a near $2 trillion swing in S&P 500 market cap in less than 24 hours.
There is truly never a dull moment in this market.
Japan’s 20-year government bond auction on Tuesday saw demand that was in line with the 12-month average, as investor appetite remained steady despite inflation worries fueled by rising oil prices https://t.co/h36biYAmj7