This week we will cover crude oil, eurusd, and gold.
Also, I discuss with you why being stopped out on a trade does not mean the trend is over.
Rather it is a sign that you can get in at a better price!
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Another great weekly analysis Rayner. I was really looking forward to it. Let’s see if this week I can jump into EURUSD & Crude Oil trends, have been waiting some days for it.
Thanks!
Hey Gonzalon,
Thanks for dropping by. Yes had a good break from making videos the last 3 weeks.
Finally get back on my game today. Yeah let’s watch how price reacts to the levels this coming week!
Rayner
Rayner love your videos! What is the longest/most profitable ride from your trend trading career? And the most R you have ever achieved from a single trend?
Tyler
Hey Tyler,
I’m glad you like it, that makes my effort worth while.
The biggest R i had was around 60 after scaling in.
Rayner
Thanks for the education! What do you mean by scaling in?.
Fundamentally,with price wars between Opec and Shale plus weak demand globally,crude can go to $30.
Gold remains an unpredictable asset to trade,staying away from this.
Hi Vikash,
You’re most welcome!
Scaling in means averaging into my trades. E.g. i long at 100, then again at 105 then 110 etc.
I’m not too caught up with fundamentals, so can’t really comment on it.
Rayner
Nice analysis… Do you look at trending stocks too or just currencies/commodities?
Hi Shane,
Glad you liked it! I look at everything in the futures market.
No i don’t look at stocks, but i do look at indices.
Rayner