Weekly Report 08/11/20: All About Biden

This week was all about if, and then when, Biden would be confirmed as President-elect...

And, as of yesterday evening, the confirmation arrived.

Although it doesn’t change much in terms of what we already know.

For the past day or two, we have been expecting a Biden win, the only difference now is the confirmation, but Trump will continue to fight the decision.

He will probably kick up an even bigger storm, I definitely can’t see him conceding any time soon.

Anyway, enough of that for now, I am here to deliver your Macrodesiac weekly report...

Open positions

N/A

Closed Positions:

EURUSD (Short)  Date: 02/11/20  Gain/Loss: -23 ⬇

AUDUSD (Short)  Date: 02/11/20  Gain/Loss: -201⬇

This was an awful position (David’s words), but a small scratch considering the last couple of weeks we have had.

AUDUSD (Short) Date: 04/11/20   Gain/Loss: -17⬇

Reading...

Coming up this Week...