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Trading Signals and Trade Ideas From FCA Regulated Experts

Video – Talking Bull – Trump supporters stormed the U.S. Capitol building late on Wednesday

Posted: 7th January 2021

Good morning and welcome to episode 284 of ‘Talking Bull’. In this video/podcast we cover the main headlines and what to expect from the day ahead. 

We take a technical look at key markets that are likely to be impacted by today’s events. Also, we participate in a ‘Gun to the head’ challenge where each of us calls a live trade. These will expire at 9pm tonight and we will keep track of the progress over time.

We hope you enjoy it!

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Show notes:

Joe was stopped on DXY. Ian had a small loss at 9pm of 0.19R on DXY. Steve saved the day with a 1.35R win on Oil.

We have included an illustration based on a £1000 account. This will follow the combined return of our morning trades by risking 1% of the trading capital per trade. The 1% risk is a variable monetary amount and will rise and fall based on the success of the calls.

We are currently up 85.87% collectively since we began recording Talking Bull on the 30th October 2019. 

News

A mob of Trump supporters stormed the U.S. Capitol building late on Wednesday, forcing lawmakers and staff to seek shelter and disrupting the certification of President-elect Joe Biden’s victory. Four deaths occurred during the protests, with one woman shot by police as a crowd forced its way into the House of Representatives, while three others died due to medical emergencies, police said. Calm was eventually restored after the National Guard was called out and more than a dozen people were arrested. The joint session to formally count electoral votes and certify the election result has since resumed.

Earlier on Wednesday, Democrats gained control of the Senate by winning two run-off elections in Georgia, wrapping up a “Blue Wave” outcome that could allow Biden greater scope to implement major pieces of his agenda. Additional aid on the agenda includes support for state and local governments, another extension of enhanced jobless benefits and more stimulus payments like the $2,000 direct checks.

U.K. Prime Minister Boris Johnson prepared the ground for lockdown rules to last for several more months as the country’s coronavirus deaths hit the highest daily total since April. The government tried to temper expectations for a swift end to the pandemic curbs — despite a mass vaccination program — as infections and hospitalizations continued to soar and pile pressure on the struggling National Health Service.

Data Today

Time Event Importance Forecasts Previous
10:00 Euro-Zone PPI (Y/Y)(NOV, 2020) High -2.40% -2.00%
13:00 Germany CPI (Y/Y)(DEC, 2020) High -0.30% -0.30%
13:00 Germany Harmonised CPI (Y/Y)(DEC, 2020) High -0.60% -0.70%

Gun to head trade ideas – Update

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today’s trade ideas

 

 

 

 

Have a great week everyone.

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