top of page

16th October - FXTP Monday Market Update - Another day, another war, another bump for Defence stocks

Writer: Paul WallacePaul Wallace


Hello Traders,

Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few 'charts of interest' thrown in. There are no trade recommendations, this is not a signal service, nor trade recommendations - just what I am looking at and interested in.


Today we took a look at; FX STAM, NVIDIA Corporation ($NVDA), BAE Systems ($BA.), Lockheed Martin Corporation ($LMT), and General Dynamics Corporation ($GD).


We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.


Have a great trading week.


There will be no Monday Market Update next week. We will return on Monday 30th October.


Trade well,

Paul


You can still join the VTP and access the Online Stage 1 Introductory Traders Course

Recent Posts

See All

Comments


CONTACT
You can contact me from the form or directly details below
Phone
+44 (0)790 345 7940
Click for Whatsapp
580b57fcd9996e24bc43c543.png
RISK WARNING
Forex & CFDs are complex products, not suitable for everyone and come with the high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Thanks for submitting!

Trading Beliefs
VTP
The London Traders Network
bottom of page