Below is my first vlog. I trade weekly so I will be sharing my trading views and opinions on my blog and YouTube channel. I am also thinking of doing tech tutorials such as programming and etc going forward.
Trading Week 11 to 15 May
So for my first video, I will be doing a short term trade on the S&P500. The holding period is 1 to 2 weeks. U.S. unemployment figures were bad; still above the 10% mark. This is bad news for markets. From a chartist/technical standpoint, the price reached its Fibonacci retracement level of 61.8%. I expect a pullback to its 50-day Moving Average.
Follow me at eToro here.