12Feb
Navigate the European Stock Market with Elliott Wave Analysis and Short-Side Trading Strategies 13 Feb 2023
Navigate the European Stock Market with Elliott Wave Analysis and Short-Side Trading Strategies 13 Feb 2023
Market Summary Stronger USD Softer FX pairs, commodity stocks..
The European stock market is currently experiencing a wave 2 correction, according to Elliott wave analysis. The DAX 40, FTSE 100, DXY, GBPUSD, and EURUSD are among the key indices and forex pairs being affected by the stronger USD and softer FX pairs. As a result, commodity stocks are also impacted. Given these market conditions, the recommended trading strategy is to take a short position for the aforementioned indices and forex pairs. Investors and traders who are interested in maximizing their success in the European stock market can benefit from incorporating Elliott wave analysis and these trading strategies into their investment approach.
Video Chapters
00:00 DAX 40 (GDAXI)
06:05 UKX / FTSE 100
07:52 Forex GBPUSD / EURUSD / DXY
13:37 TRIAL Buy 1 Month Get 3 Months
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge com
#stock_market #investing #trading #eurostock
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