In this analysis we breakdown certain inflation measures that can aid us in capitalizing on longer term trends in various asset classes. The Baltic Dry Index or BDI gives us a real world view of shipping costs. The Index is a measure of the cost to move commodities by the Sea. Therefore, It's a leading indicator for the demand of commodities around the world. The...
- The market still trades above a bullish trend line since mid-February 2024, strongly helped by a decreasing Pound Sterling. The mid-term trend is bullish for UK equities.
- Since the 3rd impact on its bullish trendline at the end of last week, the market has rallied to an hall-time high above 8,000pts.
Since the impact on the 8,200pts mark, we can notice a...
Introduction to Options on Corn Futures
Corn Futures are one of the staple commodities traded on the Chicago Board of Trade (CBOT), representing a critical component of the agricultural sector's financial instruments. Each Corn Futures contract is standardized to 5,000 bushels, and the price is quoted in USD-cents per bushel.
Contract Specifications:
Point...
As of the latest trading sessions, the USD/EUR currency pair displays a complex interaction of technical indicators and price patterns, suggesting a cautious yet potentially bullish outlook. We will break down the technical analysis using various tools and patterns, integrating recent market news into our forecast.
Ichimoku Cloud Analysis:
The price is currently...
Most of you have probably heard about Elliott waves and we are sure that you don’t use it in cryptocurrency trading strategy because it’s very complicated and subjective approach. Crypto trading for beginners is very challenging and stressful even without Elliott waves. To be honest when we first time tried to implement it to my crypto trading strategies it was a...
Continuing our discussion on trading chart patterns, this is our next tutorial after Trading Converging Chart Patterns
This tutorial is based on our earlier articles on pattern identification and classification.
Algorithmic Identification of Chart Patterns
Flag and Pennant Chart Patterns
In this tutorial, we concentrate on diverging patterns and how to...
How Does Recession Affect Financial Markets?
Recessions, marked by widespread economic decline, profoundly impact financial markets. Understanding how different markets – stock, forex, commodity, and bond – respond to these downturns is crucial for traders and investors. This article delves into the varied effects of recessions, highlighting strategies for...
In this video, we delve into a high-probability scalping strategy, building upon the concepts introduced in our previous videos on developing a trading plan and risk management. This third installment in the series focuses on refining entry points for high-probability trades. We explore a basic trend continuation strategy on the 4-hour time frame, then zoom in on...
We can see a huge bullish Harmonic bat pattern that formed from the 2020 lows to the 2021 highs to the 2022 lows.
On July 13, 2023, the first target price(0.382) was reached.
Now we can look forward to the secondary price target(0.618).
If we look at a longer chart, we can see that a huge triangle pattern is forming.
We can expect a breakout in the near future.
Tech Giants Experience Significant Decline, Erasing $300 Billion Amid Meta's Weak Guidance and Q1 Stagflation Concerns
During a volatile trading session, the combined market capitalization of the top seven tech companies experienced a sharp decline exceeding $300 billion within the first hour of trading on Thursday. This downturn was primarily triggered by Meta...
█ The profitability of technical trading rules in the Bitcoin market
The Bitcoin market, known for its wild fluctuations, poses a unique challenge for traders: Is it possible to consistently profit using technical trading rules?
Recent research analyzing Bitcoin's price data from July 2010 to January 2019 has shed light on this question, focusing on the...
Had another great day trading Support and Resistance precision with Volume profile. I swear Volume Profile is like a cheat code for the markets. I want every trader to start learning and practicing this method!
Hello Traders and welcome back to another Video analysis. We break down the relationship amongst different asset classes when gauging market sentiment. In particular, how to analyze market direction on the Nasdaq 100 by looking at the Volatility and Dollar Indexes. We combine this sentiment analysis with candlesticks, and how they leave clues for us when...
Greetings Traders!
In this video, I'll provide a comprehensive analysis of the DXY and GBPUSD, offering insights into what to anticipate in tomorrow's trading session. We've reached a crucial juncture on both the DXY and GBPUSD charts, so what lies ahead?
Stay tuned for valuable insights, and feel free to leave any questions in the comment section below.
Kind...
The trend is your friend! I agree but the trend is also meant to be bought at the low and meant to be sold at the high.
We have used the Fibonacci to determine that buying is a high-probability trading decision this morning.
We have seen a pullback into the buy zone on the 15 Mins chart.
The area of Targets are:
1.] 1.2392
2.] 1.2468
Stop at the LOD: 1.2330
You cannot predict the future. But you can prepare for it. Mega cap tech stocks have collectively lost USD 930 billion in value since Nasdaq 100 peaked on 21st March 2024. Will Super Sevens earnings turn the tide?
Starting this week, the Super Sevens will start announcing first quarter results. NASDAQ:TSLA is up first on 23/Apr (Tue) followed by NASDAQ:META ...
Why Would Countries Devalue Their Currency?
Currency devaluation is a nuanced aspect of fiscal policy with profound implications globally. This article demystifies the strategic reasons and consequential effects when nations choose to devalue their currency. From influencing trade balances to adjusting economic strategies, understanding these dynamics is crucial...
You have probably heard about Alligator, indicator which is used by top crypto traders. This powerful tool can increase performance of every cryptocurrency trading strategy and help you to make money on the market. Alligator gives us the precise answer if now price is in impulsive or reactive wave. This knowledge is very useful in building your own crypto trading...
