In this short [Is EWA a Good ETF to Buy Now to Trade Australia? | Quick Take] video ๐ฅ, we take a deep dive into the Australian market with a focus on two ETFs. We compare the risk-reward profiles of these ETFs to the broader market, which currently shows a relatively balanced risk-reward ratio. Both ETFs are in the middle of their ranges, with not a lot of potential for high risk or high reward. However, for those interested in a more detailed analysis, we take a closer look at the EWA ETF, which has shown signs of a strong recovery. With a relative high position in its range, EWA offers a balanced risk-reward profile with potential for both upside and downside. Overall, while not a strong buy at the moment, this is a great opportunity to understand the current state of the Australian market.
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๐ฅ RELATED VIDEOS ๐
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๐ฅ Best ETFs to use to Trade Australia ๐ https://youtu.be/YhJxhMp2QJY
๐ฅ How to Make Money Trading the Nikkei | Japan ๐ https://youtu.be/tDXkP_Ed6lM
๐ฅ Best ETFs to use to Trade Brazil | BZQ BRZU EWZ UBR ๐ https://youtu.be/QGEo88c9j90
๐ฅ Make Money ๐ฐ Trading in June 2024 โ๏ธ [Weekly Trading Game Plan] 6/3 โ 6/7/24 | Part 1 ๐ https://youtube.com/live/gLHvcgqNBto
๐ฅ You may / Please see ๐ All of the BeachBum Trading videos in the [ETFs] YouTube Playlist, All for FREE, at ๐ https://www.youtube.com/playlist?list=PLH_4RiO370FNHjdEkyPWS5XQYiTJghT5n
๐ Please find and Watch ๐ All of the BeachBum Trading Shorts ๐ฅ videos, All for FREE, at ๐ https://www.youtube.com/@BeachBumTrading/shorts
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๐ฝ REFERENCES ๐ฝ
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๐ Weekly Trading Game Plan Notes for 6/3 โ 6/7/24 – Part 1 ๐ https://docs.google.com/document/d/1XSQewwm4yYE9v8J2QvMWZjJEQp6V1Lt-ggfxeGeqswM/edit?usp=sharing
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๐งฐ TRADING TOOLS ๐งฐ
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๐ ๏ธ Webull โ Get FREE stocks with Webull ๐ https://bit.ly/3jKfvw5
๐ ๏ธ E*TRADE โ Use our link and we both get rewarded! ๐ https://bit.ly/3zP6rvB
๐ ๏ธ FinViz ๐ https://bit.ly/3h7r8M3
๐ ๏ธ ChartMill ๐ https://bit.ly/3By9g4X
๐ ๏ธ TD Ameritrade thinkorswimยฎ [TOS] ๐ https://www.tdameritrade.com/tools-and-platforms/thinkorswim/desktop.html
๐ ๏ธ Seeking Alpha ๐ https://seekingalpha.com
๐ ๏ธ Benzinga Pro ๐ https://benzinga.grsm.io/uuo07mioquxj
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๐ TRADING PLATFORMS ๐
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โ
Webull โ Get FREE stocks with Webull ๐ https://bit.ly/3jKfvw5
โ
E*TRADE โ Use our link and we both get rewarded! ๐ https://bit.ly/3zP6rvB
โ
Public Investing ๐ https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
#BeachBumTrading #Shorts #Short
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