“Buy the rumor, sell the fact” is the quote of the day.
Market in mayhem after Donald wins the US Election
The choice of the American people has really caused a massive financial wave in the markets and the stock market has plummeted. All markets are clearly in the red with the instability that the Donald Trump shall bring to the table.
As we mentioned in our Platinum Elite US Presidential Report, if Donald Trump wins, it would be a worldwide chaos.
Market Recap:
- EUR/USD is only temporarily up in my opinion as this is not a safe haven currency and will be shorting all the way down to 1.0950 within a matter of weeks.
- GBP/USD is still struggling to move up above the runaway gap from this Sunday’s market open.
- USD/JPY is collapsing. When the markets react as such the world looks for a safe-haven currency, that’s correct and the Yen is primarily a safe haven currency. If you are learning trading, please be aware of BOJ Interventions. You may see sudden spikes in the market and this could result mixed technicals.
- USD/CAD is currently moving higher and the reason for this is because of worsening trade relations and the Canadian economy is on the verge of a massive recession.
- AUD/USD is sliding. It is also a risk currency.
- NZD/USD is slightly lower showing more resilience.
- Stock markets in Asia are crashing and US futures are also deep down.
How we traded
We traded this event live using the Platinum Long Term Strategy and made 700 + Pips just like we did with Brexit.
Click on the Chart below for a sneak peak of the trades that we are holding.
Are you ready to take advantage of the US Election aftermath?
Speak to us TODAY and find out how you can make
up to 400 Pips in the next 8 days time.
We also gave out a live trade last night on
Twitter, which we rarely do. Please
follow us to get more updates.
The Platinum Way
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The Platinum Way
At Platinum Trading Academy, United Kingdom, we teach all individuals from different walks of life to become a full-time trader or create a secondary revenue stream by trading part-time. We trade in an Institutional Way by letting the market come to us and being patient. Using Platinum’s Trading system you can take many Pips out of the market. We can ensure using this style of trading your trading will make a turnaround as you will become much more consistent.
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Hopefully, you have enjoyed today’s article. Thanks for reading! Have a fantastic day!
Nisha Patel
Live from the Platinum Trading Floor.
Nisha Patel
Nisha Patel is a Forex Trader and Content Writer at the Platinum Trading Academy, she has been trading in the markets for over 15 years and covers three major aspects: Forex, Indices, and Fundamental Analysis.
“I understand the pain of day traders; by writing dynamic and exciting content which my readers can enjoy, I hope to enhance your trading skills and bring both profitability and consistency”
Having worked for three major corporate banks such as ICAP, Credit Suisse and JP Morgan, Nisha finally found a home with the Platinum Trading Academy.
Working together, we hope to bring you amazing content while trading the financial markets.
