Market Mondays 2.28.22

Blonde:

 oil to go to 110, 120

XLE an EFT, Exxon and Chevron have been performing. if oil is going to $120. can invest in an ETF, 

Lady: all markets are synonymous. 

Ian: Opportunity in disaster. We are sorry for the lives.

One made just so much money. 

lady: Japanese yen is a safe haven currency. euro is going to drop. we study each individual economy then compare it. 

Ian: market drops, when your account is bleeding, you have to trade to maunever. 

lady: learn to extract money from the market, so much money to be made. there's volume there. 

12 trades a month, 2-3 a week. even though markets are open that doesn't mean you want to execute on every position.

hit without getting hit, in boxing. get money without losing the money you have lost.

there is so much money in the foreign markets.

RUSSIAN MARKET: lady said its closed right now. it his its own all time low. market drops 45 points in a day.

Rashad: heavy sanctions have been put on the ruling class. 

Rashad: economy is crashing, sports teams cant play, banned from FIFA.  economic war, lets start there.

Ian: trillion dollars of assets that are frozen. 

lady: china owns a lot of land. 

there geo-political issues become economical issues. 

I lived in Hawaii, America just came in and changed everything. PR they are under Us without the rights of US citizens. 

NETFLIX

-Russia put a spotlight, if you don't promote our shows and propaganda, we are going to ban you from our country. its a million subscribers. 

Oil- what's the relationship between gold, oil

-price of oil could double if they cut the pipeline from Russia. 

-gold, silver, jewels gotta buy them when war hits. expecting a pull back until end of this week, to rise higher. 

BITCOIN

-Ukrainain govt has been receiving funds through bitcoin. crypto

-IAN, I can make a case that you are funding terrorism by investing in some of these coins. 

2016

-crypto was funding Taliban, untraceable. it can help fund a war. it goes in circles.

Jessica: You don't look at every single economy, we are looking at a few. Japanese, Great Britain and the Euros. those are the ones I trade. 

IAN: the fewer things you trade the more you master. 

Jessica: I can make so much money off making 2 to 3 trades a week. I have students that trade different countries. Marking up the chart 

Jessica: I don't trade the peso because we make so much money with the ones that I know. you can predict the price. I believe all fundamentals line up with your technical. You don't know what exactly is going to happen. if heavy support and resistance, we know something is coming.

those lower highs and lower lows, the data piling on top of each other. 

Ian: wait for 45% or 55% of the high. you are good, great deals. 

If you hold for long term, you are good. in all markets. Holding for 5 years is what markets. 

look at other businesses and see what they are doing. 

name of this game is executing, learning and executing. opposed to learn, learn, learn and never do. 

not being overwhelmed by information. 

ROBINHOOD

-metrics inflated to get a higher return. it hasn't gone up since then (what event?)

IAN: don't invest in countries that are top 3-4. 

People that did bad, liquidated the long term and did all options. 

 

JESSICA: when it comes to trading currency don't take a trade if you don't know why you are in it. what data supports it? euro, we are on European soil there is a war on European soil. substantial basis to why I took a trade. I don't think trading and gambling are synonymous. Technicals along with this, what are the plays. oil, I can give that because I see it clear as day. gold, is sitting at weekly low (I think). 

100 pips on 10 standards is 10,000 dollars. #1 understand where you are on the market. understand the bigger time frame. but don't negate your entry. Entry is important. understanding where you are on the economic cycle.