XAG / USD - JOURNAL - ACTIVE SERIES

This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED DAILY with comments and trade ideas.

| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |


In the following analysis, I highlight a possible SHORT scenario in the > XAGUSD <

• We focus on the technical KEY points and KEY areas which will be relevant in the next hours & days.

• The highlighted scenario is supported by the higher timeframes, which we are ACTIVELY monitoring in an existing post.

• This can be found under the following name: "XAG / USD - HTF JOURNAL - WEEKLY SERIES" (Listed under this post at "RELATED IDEAS")

• As soon as the temporary direction of the price emerges, I will update the post accordingly, with entries, stop-loss & take-profit levels.

How do I save an idea so that I receive a notification when it’s updated?

MARKED POINTS OF INTENTION (POI)

• We are in a superior and inferior downtrend channel, which served as very good resistances in the past.

• In most price action indicators, we are in over bought areas (HTF) which will be reflected in price action (ITD) in the near term.

• In the smaller timeframes, a divergence is starting to form, which serves as additional confirmation for the trade in all the resistance areas.

• In intraday, this calls for a SHORT - SWING - entry, but caution is advised; the price is still not unlikely to break through the levels and continue its rise.

# Positioning after confirmation of this thesis = SHORT

Z - Don't let the noise blind you; recognize its face and use it for yourself - Z

| ZielIstDieAutarkie |

If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.

Thank you and happy trading!

Z

Comment:

LEVEL UPDATE

Comment:

Tomorrow will be published some USD - NEWS, which will give the market - bias.
> Over today, we have seen almost no movement, which confirms the relevance of tomorrow's news.
> With high probability, no market movement will happen until the publication.

Comment:

LEVEL UPDATE

Comment:

! ATTENTION !
> NEWS PUBLICATION IN - 1 HOUR ="S&P/CS Composite-20 HPI y/y"<
> NEWS PUBLICATION IN - 2 HOURS ="CB Consumer Confidence"<
> NEWS PUBLICATION IN - 2 HOURS ="JOLTS Job Openings"<

Comment:

Caution is advised; with the next NEWS release, the Bearish Divergence could possibly show its effect earlier than originally planned.
> Idea will be validated only, after the publication

Comment:

USD data released today was NEGATIVE and supports a FALLLENDING DXY.
> This takes the selling pressure out of the FX majors and correlated markets.
= Should the falling scenario in the DXY be confirmed, one can position oneself LONG - in one's selected pair - until the next NEWS release.

Trade active:

SHORT POSITION OPENED
> First ENTRY = ENTRY 2
> SL = Remains the sam

Comment:

LEVEL UPDATE

Comment:

! ATTENTION !
> NEWS PUBLICATION IN - 4 HOURS ="ADP Non-Farm Employment Change"<
> NEWS PUBLICATION IN - 4 HOURS ="Prelim GDP q/q"<

Comment:

SHORT POSITION OPENED
> Second ENTRY = ENTRY 3
> SL = Remains the sam

Comment:

LEVEL UPDATE

Comment:

! ATTENTION !
> NEWS PUBLICATION IN - 5 HOURS ="ADP Non-Farm Employment Change"<
> NEWS PUBLICATION IN - 5 HOURS ="Prelim GDP q/q"<

Until the data is released, we can expect SLOW - "Price Action".

Comment:

USD data released today was POSITIVE & supportive of a > RISING < DXY!

= This exerts further > SELLING PRESSURE < in the FX majors & correlated markets.
= Should the RISING scenario in the DXY be confirmed, one can position oneself SHORT until the next NEWS release (in one's selected pair).

Comment:

LEVEL UPDATE

Comment:

! ATTENTION !
> NEWS PUBLICATION IN - 3 HOURS ="Non-Farm Employment Change & Unemployment Rate"<
> NEWS PUBLICATION IN - 5 HOURS ="ISM Manufacturing PMI<

Comment:

The USD data released today were mostly POSITIVE & support a > RISING < DXY!

= This exerts further > SELLING PRESSURE < in the FX majors & correlated markets.
= Should the RISING scenario in the DXY be confirmed, one can position oneself SHORT until the next NEWS release (in one's selected pair).

Comment:

LEVEL UPDATE

Comment:

The first relevant news will be published on Wednesday,
which is why we can assume that the share price will continue in the adopted direction until then. (= SHORT)

Comment:

To get an informed idea of what price levels could potentially be reached, I invite you to take a look at the following post. In it, I have marked the prominent key areas and zones of the higher timeframes (HTF) that could be of significant importance in the coming week.

Comment:

LEVEL UPDATE

Comment:

The "Price Action" was very low during the day, which is why the market hardly moved = the last uploaded levels are still valid until a significant movement.

Comment:

LEVEL UPDATE

Comment:

Tomorrow we will get the new USD NEWS "ISM Services PMI", so the market will be quieter until the release.

Comment:

LEVEL UPDATE

Comment:

! ATTENTION !
> NEWS PUBLICATION IN - 1 HOUR ="ISM Services PMI"<

Comment:

The USD data released today were mostly POSITIVE & support a > RISING < DXY!

= This exerts further > SELLING PRESSURE < in the FX majors & correlated markets.
= Should the RISING scenario in the DXY be confirmed, one can position oneself SHORT until the next NEWS release (in one's selected pair).

Comment:

LEVEL UPDATE

Comment:

! CAUTION ADVISED !
> NEWS RELEASE IN 4 HOURS =„Unemployment Claims“<

Comment:

The USD data released today were mostly POSITIVE & support a > RISING < DXY!

= This exerts further > SELLING PRESSURE < in the FX majors & correlated markets.
= Should the RISING scenario in the DXY be confirmed, one can position oneself SHORT until the next NEWS release (in one's selected pair).

Comment:

LEVEL UPDATE

Comment:

No significant NEWS will be released today, so the "Price Action" will be steady and slow.

Comment:

Over the day, there was nearly no movement because of a missing NEWS event.
> The weekly Candle will close soon and will tell us the drive plan for the next week.

Comment:

On Wednesday, the NEWS (USD) releases start until Friday.
> Until then, we can expect a slow "Price Action".
> The major market participants will most likely wait for the new data until they actively participate in the market action.

Comment:

! CAUTION ADVISED !
> NEWS RELEASE IN 1 HOURS <

Comment:

The USD data released today were mostly POSITIVE & support a > RISING < DXY!

= This exerts further > SELLING PRESSURE < in the FX majors & correlated markets.
= Should the RISING scenario in the DXY be confirmed, one can position oneself SHORT until the next NEWS release (in one's selected pair).

Comment:

! CAUTION !
> NEWS PUBLICATION IN - 15 MINUTES ="Main refinancing rate (EUR)"<
> NEWS PUBLICATION IN - 30 MINUTES ="Core PPI m/m (USD)"<
> NEWS PUBLICATION IN - 30 MINUTES ="Unemployment Claims (USD)"<

Comment:

LEVEL UPDATE

Comment:

! CAUTION !
> NEWS PUBLICATION IN - 1.5 HOURS ="Empire State Manufacturing Index"<
> NEWS PUBLICATION IN - 3 HOURS ="Prelim UoM Consumer Sentiment<

Comment:

To get an informed idea of what price levels could potentially be reached, I invite you to take a look at the following post. In it, I have marked the prominent key areas and zones of the higher timeframes (HTF) that could be of significant importance in the coming week.

Comment:

LEVEL UPDATE - VALID UNTIL TODAY'S "FOMC" EVENT

Comment:

! CAUTION ADVISED !
> NEWS RELEASE IN - 3 HOURS ="FOMC"<

Comment:

The USD data released today turned out NEUTRAL & are thus already priced in the market.
= This means that we have to wait for the next "NEWS release" to get a clear direction.

Comment:

LEVEL UPDATE

Comment:

LEVEL UPDATE - VALID UNTIL TODAYS NEWS EVENT

Comment:

! CAUTION !
> NEWS PUBLICATION IN - 1 HOUR ="Unemployment Claims"<

Comment:

The USD data released today were mostly POSITIVE & support a > RISING < DXY!

= This exerts further > SELLING PRESSURE < in the FX majors & correlated markets.
= Should the RISING scenario in the DXY be confirmed, one can position oneself SHORT until the next NEWS release (in one's selected pair).

Comment:

! CAUTION ADVISED !
> NEWS PUBLICATION IN - 3 HOURS ="Flash Manufacturing & Services PMI<

Comment:

! CAUTION ADVISED !
> NEWS RELEASE IN 45 MINUTES =„ISM Manufacturing PMI“<

Comment:

Unfortunately, I made a mistake and displayed next week's "Dates & News".
> the announced appointment has not taken place for this reason and the post before is irrelevant.

Comment:

! CAUTION ADVISED !
> News Release in – 4 HOURS (USD) -:- CB CONSUMER CONFIDENCE -:-

Comment:

| RESULT INFLUENCE |
> The published data turned out -:- NEGATIVE -:- for the USD.
> This removes, from the FX majors & correlated markets, the selling pressure "TEMPORARY".

* As soon as the weakness in the DXY is confirmed, one can position -:- LONG -:- until the next NEWS release. *