Morning Traders 26/02/2020

  1. 6,340 Posts.
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    Thanks @highlandlad & @ttward

    9:52am - The US30 looks horrific overnight. Bears are making coin for once!
    Major supports got rekt.
    https://hotcopper.com.au/data/attachments/2008/2008157-706b75c00e5e9dfd0c482fbd87a3a971.jpg


    Trading Tip - Be aware of what happens outside of the ASX. You don't need to know the intricate details behind each move, but it won't take you long to see how the HK33, US30, DAX and Nikkei impact the XJO (ASX200), and how the more obvious moves in commodities like iron ore (Fe) and Gold (XAUAUD) impact stocks.

    Trading Quote - “Markets can remain irrational longer than you can remain solvent.” - John Maynard Keynes
    Last edited by demoniaco: 26/02/20
 
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