Since Sep 25th this year, we’ve been bullish on $META targeting $600 as a major upside strike when the stock was below $565. We took this trade for the Dec op-ex which is Dec 20th buying the $590 calls, selling 2x the $600 calls and buying the $605 calls. As of today, $META is currently sitting at $605 so hitting our max profit target, and then some. While shares have been producing above…
There is just one to take note of on the day, as highlighted in bold. As mentioned yesterday, it’s the one for EUR/USD at the 1.1700 mark. With the dollar keeping firmer so far on the week, the expiries here are now playing a role in helping to limit downside for the pair. It’s all…
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Joshua Okapes is a seasoned forex trader with over 14 years of experience in the financial markets. Since 2010, he has navigated the complexities of forex trading, refining strategies that help traders make informed decisions. Through TheTraderInYou.com, Joshua shares practical trading insights, broker comparisons, and strategies designed for both beginners and experienced traders. Follow Joshua…
The Quantile Price Analysis MT4 Indicator offers a unique way for traders to analyze price action and identify market opportunities. In a world where trading decisions are often based on guesswork or traditional methods, this indicator provides a more precise approach by focusing on the distribution of price data. In this article, we will explore…
GBP/USD’s rally from 1.3008 extended to 1.3438 last week but retreated from there. Initial bias remains neutral this week first. Further rally is expected as long as 1.3286 support holds. As noted before, fall from 1.3787 should have completed as a three-wave correction to 1.3008. Above 1.3428 and firm break of 1.3470 resistance will pave…
SIX and Banque Pictet & Cie said Thursday that they have completed a joint pilot project that successfully tokenised and fractionalised corporate debt instruments. The move is said to mark a significant step toward more customisable and efficient investment solutions for asset managers. The initiative involved tokenising euro- and Swiss franc-denominated corporate bonds held in…