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



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

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