Weekly Market Wrap: Best Swing Trading Opportunities in Volatile Market!

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With the recent market volatility, swing trading tactics are especially useful, allowing traders to make a killing by flipping between long and short positions every few days to maximise profits.

Hence, I have been updating my portfolio allocations and trading positions to my subscribers almost daily, because time is of the essence.

Since the market direction is not clear, instead of going in big in either direction, it makes more sense to stay nimble and take small positions on either side to chalk up small wins.

Over time, many small wins can add up to large profits!

Stay tuned for more daily trading opportunities in my “Daily Trading Signals” Telegram channel!

[Photo: Grand Canyon, 4D3N Rim-to-Rim Hike, Arizona, USA – See my full travel photo log!]

For our weekly market wrap, we go through some of the trade calls and analysis from last week, which gives us valuable insights for the week ahead.

We cover 3 main markets with a total of 200+ counters, so we will never run out of trading opportunities:

Forex, CFDs, commodities, bonds
US stocks, ETFs, global stock indices
Cryptocurrencies, crypto indices

By covering a broad range of markets, we can focus our attention (and capital) on whichever market currently gives the best returns.

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for?

Table of Contents

Portfolio Highlights

Some quick portfolio updates

Forex & Commodities Market Highlights

USD continues to be the strongest

https://www.wsj.com/articles/falling-commodity-prices-raise-hopes-that-inflation-has-peaked-11656811949

Trading Signals EURCAD 070722

Following up on EURCAD, it has dropped almost 1000 pips since our last trade call! ????

Following up on EURUSD, it has hit TP1, and is on track to hit TP2, although there might be some strong support at 1.000.

Can the EUR really drop below the USD? Last time that happened was almost 20 years ago.

Following up on USDSGD, after hitting the first TP, it has broke new highs and looks ready to head to TP2! ????

Stock & Bond Market Highlights

The US bond market is on pace for its worst year in history with a loss of 10.4%.

Remember how I have been saying that I have started accumulating high growth stocks?

Both the ARK Genomic Revolution ETF (ARKG) and ARK Innovation ETF (ARKK) have gone up about 30% in the last month! ????

Following up on the NASDAQ 100 (US100) and S&P 500 (US500), the short-term price action is also bullish, so I have closed my short positions and taken profits to wait for a better price to short.

Crypto Market Highlights

Crypto seems to be having a small rebound, so I’m closing my shorts and taking profits on Bitcoin (BTCUSD) and Ethereum (ETHUSD) for now. ????

Will continue to monitor for new trading opportunities.

Following up on Ethereum (ETHUSD), prices have gone up about 10% since I closed my shorts.

If you look at the 2 strong white bars, it shows the short-term price action is bullish so you should either be flat or long.

In the medium-term, the trend is still down, unless prices are able to break above 1280.

Similar to ETH, this is where I flipped short and long on Bitcoin (BTCUSD) in the past 1-2 weeks using price action.

I normally prefer not to do such short-term trades but the market is choppy so we have to adopt a fast-in fast-out strategy.

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for?

Good luck, and may next week bring more excellent profits!