Markets tend to get especially volatile whenever there’s an economic report or some data dump that takes investors by surprise. That’s why we’re spinning up this Idea where we highlight all the major market-moving events you should watch out for when you do your trading. Today, we look at the Economic Calendar . 🏦 Central Bank Meetings and Announcements • ...
Short Term Elliott Wave in Nasdaq 100 ETF (QQQ) suggests it shows a bullish sequence from 4.20.2024 low favoring more upside. Up from 4.20.2024 low, wave 1 ended at 461.5 and pullback in wave 2 ended at 443.06. The ETF has extended higher in wave 3. Internal subdivision of wave 3 is unfolding as a nesting impulsive structure. Up from wave 2, wave (i) ended at...
2600 years ago, the Anatolian Kingdom of Lydia minted the world’s first gold and silver coins. In doing so, the Lydian King Alyattes and his successor Croesus introduced the world’s first exchange rate: the gold-silver cross. Like any cross rate, the amount of silver that can be purchased with an ounce of gold is driven by both demand and supply-side factors,...
TSLA has been upderperfing the market, but is now showing some signs of potential life since Elon musks pay package was approved. A bullish breakout pattern is on watch. NASDAQ:INTC looks ready for a bullish move. Just like NASDAQ:ADBE & NASDAQ:TSLA popped on earnings, it looks like NASDAQ:INTC could be the next oversold S&P500 stock to bounce. If we...
Introduction CME Group Gold Futures have always been a cornerstone in the commodities market, offering investors and traders a way to hedge against economic uncertainties and inflation. With the current market environment exhibiting heightened volatility, traders are looking for strategies to capitalize on these fluctuations. One such strategy is the Straddle...
But wait, it gets even more exclusive than a mere $1 trillion! There’s a $2 trillion club with just a single player and a super-duper hyper-elite ultra club of $3 trillion. Can you name the participants? Being part of the world’s biggest companies isn’t easy. It may look easy — these corporate giants gain billions of dollars in market cap before you make your...
👉📈 In the video, we look at a EURUSD trade opportunity, but more importantly, we delve into essential features and tools available on TradingView, which can considerably enhance your trading edge. Here’s what we cover: ✅ 1: Multi-Chart Layout: - TradingView’s workspace allows you to view multiple charts simultaneously. This feature is particularly useful...
Bitcoin prices are currently stuck in a rectangle pattern. A break below $66,000 could potentially send prices down to $60,000, a drop of 9%. Conversely, a break above $72,000 could lift prices towards $77,970 per coin. Recent trends show a stronger dollar, particularly against the Euro and British pound. If this strength continues, it could negatively impact...
Forex Market Liquidity: Analysis and Implications for Traders The foreign exchange market is renowned for its dynamic and fast-paced nature. As traders navigate this landscape, understanding the concept of liquidity becomes crucial. In this article, we analyse its components, explore factors that influence it, measure and analyse its impact, discuss potential...
Talking about my mistakes, observations, following rules, being systematic vs discretionary and just generally whatever comes to my mind. I do ramble a lot
NASDAQ:AAPL is back to being no.1 in the world after rallying 11% in two days. After moving higher +25% over the past two months, Apple is now back to being the most valuable company in the world with a market cap of 3.4 trillion dollars. This means that Apple is now back to leading the indices but Apple is also retesting resistance. A pullback is definitely...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 77.52 which is a pullback support. Stop loss is at 76.30 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 80.37 which is a multi-swing-high resistance that aligns...
Discover the easiest way to track, group and sort your favorite tokens in one place — the TradingView Crypto Coins Heatmap. Everyone — from the aspiring crypto enthusiast to the professional digital asset fund manager — needs it. Meet the ultimate cryptocurrency tracking and monitoring tool, the TradingView Crypto Coins Heatmap. What Is Crypto Coins Heatmap?...
Injective (INJ) has been the biggest gainer of the week with a robust increase of 20.43%. After reaching an all-time high (ATH) of $53.01, INJ experienced a significant sell-off, filling the Fair Value Gap (FVG) on the daily timeframe and touching a low of $18.70 before quickly bouncing back. Currently, INJ is trading within a range of $21.54 to $29, facing...
Even when all empires fall, It's important to remember that as long as humanity in general continues to discover, explore, solve and invent, the better off we all are. That's why the price of indices always tend to go up. Even when they become stagnant, they eventually keep on increasing. The only thing that can revert this is a total collapse of society, which is...
Here you are, casually sipping your coffee and watching the clock go by while you wait for the market to open so you can buy a few shares of your new stock pick. Remember, you chose that one after deep research and careful planning. And then “ WHAM! ” Twitter notifications start flying. GameStop (ticker: GME ) is once again rocketing to the moon after some...
Bitcoin 1.2B of Oi is trapped. How WHALES WOULD TRADE IT? iN A VIDEO I SHARED MY IDEA ABOUT btc and how i plan to trade it Price at this moment is in middle of local range - i prefer to take a trade after Clear SL hunts and squeezing. Becasue those trapped trades should be liquidated
Here's a video going over what I'm watching heading into the week and what I expect leading up to FOMC. I'll do some more FOMC and market analysis before then as we get closer to Wednesday. Overall, I don't expect much, I think we'll have downside and chop until then. Either way, any moves made on Monday and Tuesday can be wiped out insantly on Wednesday, so I'll...