In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we discuss the risk-on nature of the US Equities this Thanksgiving.
This is normally a time for relatively quieter trading conditions due to the fact that most of the financial decision-makers in some of the biggest financial institutions in the world, in the largest economy in the world are having a couple of days off. Consequently, don’t be too surprised if we see limited volatility today.
The US markets are in a risk-on phase right now due to renewed enthusiasm about a pending trade deal between the US and China. However, we can get into this move through the yen. As a result, the GBPJPY is close to a significant breakout above major resistance so we will be looking for opportunities to buy above the recent highs of 141.57 if we get the opportunity.
Risk-on for US Equities this Thanksgiving – Full Video Analysis
Take your trading to the next level with our TLTR Membership. You will soon discover why we are trading’s best-kept secret. We are successfully building the world’s largest group of profitable traders and would like you to be part of it.
You can join for as little as $19.99 per month, no contract, cancel anytime. Just one profitable trade with us per month covers this amount, the rest is pure profit. You will benefit from unparalleled access to our professional traders, our transparent trading performance, our LiveTradeRooms and access to the most comprehensive trading education on the market. What have you got to lose? JUST CLICK HERE TO GET STARTED NOW and see how real money is made!