DaveBrascoFX

US100 ENTRIES FOR SHORT,Longs All Trap Zones for 5th Jan.2023

DaveBrascoFX Updated   
CAPITALCOM:US100   US 100
This analysis is only for my honorable followers.
Click on the chart above
and study it closely, before taking any trade today: Ofcourse if you want to win.

I will buy if these conditions hit. if one of them do not hit, the bulls will get trapped hard
30 min close above 16425
US DATA TODAY VERY STRONG for nasdaq,gold, etc
but negative for the U DOLLAR
and if retracment after 30 minute closing
firm above 16425

My first target will be 16820
Here I will solve out my short hedge that I have opened
at 16853, and take Profit. But I will add more longs too,
and all longs that are active,but hedged will run along


SELL CONDITIONS: I would ell US100 ONLY and ONLY, if these conditions met. Otherwise the downward move will be a bear trap
16275: I would open a short , below this price only
if:
1. it reache 16244 or 16223
2.I will wait for a pullback to 16275
3. if it cannot break above that level,
t hen I would open the short.

Profit levels are as lower mentioned.
At 15939 we have 0,382 Fibonacci of Hourly and higher
Time frame(that is very strong support level no. 2)

TRAP ZONE 1
THE OPEN PRICE TODAY
is below yesterdays range, but
it is not rejected
tHIS IS AN INDICATION THAT the market is
accepting the lower price, and the sentiment ha not been changed
Both bulls and bear will get trapped very often in this range


16356-16416
TRAP ZONE
BULLS got trapped
in this zone twice this week
I will AVOID TO ENTER THIS ZONE AND
GETTING TRAPPED
BETTER: I WILL WAIT

If You are Gold Digger and speculate
to take some pips
your Risk Reward ratio will be high(Higher RISK THAN REWARD)
As at this point the market quickly changes sentiments

Follow the price The trend is your friendCut losse quickly, Let the profits run. Dont predict the market. Intelligent traders follow these principals only.


Comment:
CLICK ON THE CHART TO ZOOM IT
Comment:
REMEBER:PATIENCE IS EY TODAY!!!!!!!!! WAIT FOR YOUR ENTRY TIME:
WINNING TRADERS KNOW WHEN ITS TIME TO ENTER; BECAUSE THEY HAVE HIGH LEVEL OF PATIENCE
Comment:
CORRECTION: WE HAVE STILL 2024, but On the title I wrote 2023. Sorryy.Updates are for Jan. 5th 2024
Comment:
we tickto our strategy
If you are short already ,stay bearish
not good time to buy nq now
SHORT HEDGE FROM16853 still active
non farm payroll very sstrong
waiting now for ISM 10 am est
Total nonfarm payroll employment increased by 216,000 in December, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in government, health care, social assistance, and construction, while transportation and warehousing lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics.
Comment:
Shorted SELL again16317 and 16378, and will short again 16452- 16520
based on Single prints. Waiting for 2p.m, news
Next short level (if posible 16520)
The long term investors now confirming that FED has no pressure to cut rates
with other wors, good news for the economy, softlanging, but less rate cuts exppectations. BUT we are at the first week of 2024
and we have 52 weeks ahead.
Always put stop loss limits, and have good money mange ment
Comment:
Shorted SELL again16317 and 16378, and will short again 16452- 16520
based on Single prints. Waiting for 2p.m, news
Next short level (if posible 16520)
The long term investors now confirming that FED has no pressure to cut rates
with other wors, good news for the economy, softlanging, but less rate cuts exppectations. BUT we are at the first week of 2024
and we have 52 weeks ahead.
Always put stop loss limits, and have good money mange ment
Comment:
Short hedge still valid, as Triple tranche tests to solve them between 16330-13630 failed.

As the Fridays low was in the weaer area, and no important data released today, FED Mmber comments initiated the short term ralley.
Inflation data are expected during the next days
Comment:
i HEDGED EUROUSD short now here the main reasons based on myopinion
Inflation in Japan's capital keeps slowing, takes pressure off BOJ

Core inflation in Japan's capital slowed for the second straight month in December, data showed on Tuesday, taking some pressure off the central bank to rush into exiting ultra-loose monetary policy. The Tokyo inflation data, closely watched as a leading indicator of nationwide price trends, is among key factors the Bank of Japan (BOJ) will scrutinise at the next policy-setting meeting on Jan. 22-23. Tokyo's core consumer price index (CPI), which excludes volatile fresh food but includes fuel costs, rose 2.1% in December from a year earlier, government data showed, matching a median market forecast.

US dollar pulls back

The trend is still bullish, I see no reason yet to cut or hedge the longs(This is no recoammandation, so please do not copy my trades, as I write them here also for myown documentations!!!!! And always use stops, and sticktoyour own tradding strateies, as neither me nor others here are Moneyy and fundmanagers, who are allowed to give anyy trading advices nor we are in a CFTC authorities list. We just share our trading ideas, whatfor we tae respnossibility only. But not for your trades!!!) Also Fed’s Bowman Backs Eventual Rate Cuts If Inflation Falls Further
Federal Reserve Governor Michelle Bowman said inflation could fall toward the Fed’s 2% target with interest rates held at current levels, and offered potential backing for lowering borrowing costs if price pressures fade. “Should inflation continue to fall closer to our 2% goal over time, it will eventually become appropriate to begin the process of lowering our policy rate to prevent policy from becoming overly restrictive,” Bowman said in prepared remarks to the South Carolina Bankers Association in Columbia. “We are not yet at that point,” she said, adding that she remains cautious with upside risks to ..

the staements, the current fundamentals and rate cuts expectations that are now on my opinion vanishing+technical side of NQ gives me enough reasons to stay short and keep my short hedges
Comment:
NASDAQ US100(Short term) Analysis for 09. Jan.- 12.Jan.2024
Comment:
Based on the urrent developement of price I stay short( temporariliy) unless the bullsshow their cards, if they will defend the mid trem trend, or if they lose control. To break it down please watch the streaming above.Thank you.
Comment:
sold 16703 and 16728
bearish hidden signal
mentioned in streaming above
Comment:
16649 is day low, if breaking below it can go to 16631,if holds below that level, 16616.16495.16439,16357,etc. but have to break them first

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