Hey tradomaniacs, EUR/USD is at an interesting zone to go short with a tight stop-loss ahead the FEDs meeting! We might see another drop down now due to risk-off in equities and pumping US-Yields. Market-Depth is showing that absorption is happening, so I will give it a shot and go short here. What do you think?
Hey tradomaniacs, after the ECB-Statement from yesterday we have seen a strong dollar-push as the upcoming rate-hikes were already priced in. The reason for the entire sell-off in equities was basically that the ECB has raised its rate of price increases aswell as lowered the exepctations for economic growth. What a dilemma... I think we might see a...
Looks like we are about to see apump with the previous news. Could be a good chance to go long... but market is still very volatile so I`m cautious wit haggressive management!
Hey tradomaniacs, EUR/AUDs previous breakout retraced back into a strong support-zone and found demand. We should see another bounce soon to the upside due to the risk-off-potential in equities. What do you think=
Hey tradomaniacs, SPX500 is about to re-test a very important resistance-zone which can provide bearish confluence and so another sell-off. So far fundamentals are still pretty hawkish which should not be good for equities, especially since Jerome admitted it might be painfull to "softland" the economy. However, previous upmoves were probably just a result...
Hey tradomaniacs, recent breakout and re-test of price at the trendchannel is giving us a great moment to short AUD/USD with a tight stop-loss. So far we can expect risk-off to continue (unless we get a squeeze) and so a falling AUD/USD! What do you think?
Hey tradomaniacs, NZD/USD is likely to fall duie to the risk-off in equities and the strong US-Dollar. Technically we`ve seen a fake-move to the upside and now a break to the downside. The recent re-test could give us a nice opportunity to sell the next rally. Let`s see =)
Hey tradomaniacs, EUR/AUD has re-tested a key-support-zone and is likely to move up along with the US-Dollar after Jerome Powells statement from yesterday. If indicies turn around and retrace the rally we might see a rising EUR/AUD as risk-off is likely to continue. Techincally a gfood spot to go long as soon as confirmed. What do you think?
Hey tradomaniacs, GBP/USD just re-tested a key-resistance after the breakout of the secondary trendline (correction) and is likely to fall due to flipping in the orderbook. Be cautious as its bank holidays - use wider Stop-Losses or trade tomorrow! Interest-rate-decision this week could obviously change everything! What do you think?
Hey tradomaniacs, recent action in the orderbook has shown a stop-hunt right above the key-resistance-level as one aggressive buyer has pushed price up into a roof of limit-orders whose got reloaded. So far I expect the market to fall as the entire sentiment is pretty bearish.. only the key-support-zone (Weekly) is the reason for a run up as it is so...
Hey tradomaniacs, previous sell-offs due to the fact that the market realizes FED is not kidding with rate-hikes were pretty strong, but will probably correct soon as the sentiment is too bearish and has oversold the indicies such as SPX500 and NASDAQ100. We will probably see a move up to attract more buyers in order to get more liquidity for the sellers. So...
Hey tradomaniacs, its been a very slow day due to holidays almost everywher except the USA which could give us atleast one great opportunity now. SPX500 just re-tested the key-resistance-area after the recent breakout and is giving us a nice chance to sell. Market-Depth is currently showing iceberg-orders absorbing stop-runs above the resistance which makes...
Hey tradomaniacs, Bitcoin-Bulls failed to push price above the current trend-channel and are now forced to liquididate positions (especially on margin) which is causing another drop back into the trend-zone. So far fakeouts like that are usually manipualtions by sellers to attract more buyers in order to provide liquidity the sellers need to fill their...
HEy tradomaniacs, NZD/USD is testing the current upper trendline of the trendchannel and retraced the previous breakout which is giving us a great opportunity to follow the recent impulse to the downside. Technically a great chance to sell if risk-off-mood stays in the market. What do you think?
Hey tradomaniacs, after a fakeout above the range with seen huge momentum and all of a sudden distribution back into the range. Now we`ve seen a breakout below confirming the recent fakeout aswell as a re-test which is happening now. This is providing us a great chance to short with high risk-reward looking. At the same time we see SPX500 at a significant...
Hey tradomaniacs, SPX500 just formed a fakeout above the resistance-zone aswell as the Trendline of the current downtrend: It is very likely to see more downmomentum (probably a bear-rally) as liquidity got grabbed after the break of the trendline. What do you think?
Hey tradomaniacs, looks like USD/CHF has found support after the recent breakout. So far we have seen a 3-Wave-Correction which could be finished soon. Price is attempting to break out of the trendline in order to trigger the potential double-bottom which could cause a high probabillity long-setup. Swiss is less likely about to increase interest-rates today,...
Hey tradomaniacs, the recent fakeout above the key-resistance is a strong indication of a falling market. Previous fractal has shown two fakeouts and liquidity-grabbing into both directions showing trapped volume in that zone. This can cause big players to cause fakemomentum to attract more buyers in order to absorb liquidity. A potential S/H/S-Pattern...