Strategies live again

Even though the US election result has not been finalised, the markets have priced Biden to be the next US President. But if the unlikely was to occur and Trump could get back in, we may have to turn the strategies off again as markets will to quickly adjust which means large movements.

As we only turned the strategies back on today it may take some time to open new trades as the servers are running hot in processing all the data from when they turned off.

The markets will move quite a bit up to Christmas as the new US President does not take his post until late January 2021, COVID and shut downs occurring and countries trying to stimulate their economies whilst trying to protect lives.

Any queries, please do not hesitate to make contact with us.

Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.