2019-11-11 • Updated
The heroine of our story was born many years ago in a small town, Giessen, Germany. Most of her life she lived in penury. She suffered numerous deprivations as a child as she lived in a large family. Then she married to a very thrifty man with moderate means who strictly forbade her to work. Once she told him: “If you don’t allow me to go to work, I will start trading on the stock market”, but he remained unyielding deaf to her demands. Ingeborg was a woman with truly angelic patience; she couldn’t stand up to her husband and tolerated his thrifty and avaricious character till the very end of his life.
After the demise of her husband, Ingeborg found herself in a quite difficult financial situation with a beggarly, really tiny pension to live on. Fortunately for Ingeborg, her husband, while he was alive, purchased valuable papers from a German energy company VEBA. Without any hesitation, she decided to try out her luck at the stock market. And that was a truly fateful decision. Ingeborg found her vocation at the age of 83 – she became a very talented trader and investor.
The story of her financial success is impressive. This talented woman managed to increased her seed capital (that small sum of money she inherited from her husband) to at least two million euros without any financial education, knowledge about financial markets with a local newspaper in hand and unique intuition of long-sighted, real Frau. Ingeborg has become very known, many investors marvel at her skill to earn money without any gadgets, constant access to financial quotes and internet. But this story is not a fiction; it is real history of success of one very talented elderly woman who became reach trading on the stock market. Who knows, maybe you also have this unique talent you are unaware of. Try yourself.
Crude oil futures surged on Monday due to disruptions in Russian refining capacity caused by Ukrainian drone strikes and Moscow's decision to cut output to comply with OPEC+ targets. The West Texas Intermediate (WTI) contract for May settled at $81.95 a barrel, up $1.32, while the Brent contract for May settled at $86.57 a barrel, also up $1.32. Russia instructed...
Bearish scenario: Sales below 80.00 with TP1: 79.60... Anticipated bullish scenario: Intraday purchases above 80.70 with TP: 81.50...
Brent oil is currently on a bullish trend, facing resistance near $84 and supported by the 200-day EMA. Breaking above this level could lead to a climb towards $90. Short-term support is observed around $80, backed by the 50-day EMA. As summer approaches and travel increases, crude oil tends to benefit from seasonal patterns. Despite temporary setbacks, buying...
Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
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