I begin each year reviewing the long term technical positions of the "Big Four." 10 Year rates, SPX, Commodities, and the US Dollar. This is the fourth of the series. The fifth and final will attempt to tie the first four together into a organized macro view. Granted, macro doesn’t typically impact shorter term (swing, daily and weekly) trading, but developing a...
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Microsoft just made one of the largest-ever bids for a game studio. The company has announced plans to acquire Activision Blizzard for $95 per share, valuing the all-cash deal at an enormous $68.7 billion. The deal would make the combined entity the "third-largest" game company by revenue, according to Microsoft, and would put titles like Call...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Today we will take a look at ARKK. The main element we have to comment on is the current decline, the biggest in the ETF history.
The current drawdown is at 51%, and we have three other situations in the past where we observed declines of 30% or more.
Here are some key ideas you can use to increase the odds of engaging on a successful setup on the ETF,...
Gold's general commentary: Gold manages to keep the High levels despite the stabilization on Bond Yields market and very sharp drop (which is slowly corrected) on DX, as both DX and the Bond Yields mild recovery provided decent Support on Gold and new consolidation candles messenger. Especially the fact that the Bond Yields broken the Lower Resistance on Hourly 4...
This graphical analysis uses:
Bitcoin Logarithmic Growth Curves and Zones
Triangle Pattern
Resistances and Supports (approximately: 30k, 40k, 50k)
In 2021, two peaks were recorded: 64k in April and 69k in November. This builds up the wide white resistance line . By applying Bitcoin Logarithmic Growth Curves and Zones, it is possible to see that BTC...
Looks like an epic cup and handle in the making for $GLD. It's getting close to make or break time. I'd like to see a break above that long term downward trend line on the possible handle. The $DXY chart suggests that the dollar is headed for a secular down trend. That chart is also getting close to an inflection point IMO. Maybe the Gold bugs finally get their...
Bottom in? SHIB broke out of the falling wedges and currently sitting @ Support 2900-2600. Resistances 4000 and ~5500.
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
In the market we see patterns and price action repeat itself over and over again. This is the very framework of technical analysis - where we forecast future price action based on historical price patterns.
In one of our previous posts, we looked at a very similar price behaviour from EURUSD where we had the same sequence of price action play out almost...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EUR
FUNDAMENTAL BIAS: BEARISH
1. Monetary Policy
Less dovish than expected can some of the ECB Dec pol decision. As expected, the bank announced that PEPP will discontinue from March 2022, but they announced a surprise decline monthly purchases under the APP, which will see purchases increased to EUR 40bln from EUR 20bln from2Q22 and then subsequently...
I begin each year reviewing the long term technical positions of the "Big Four." 10 Year rates, SPX, Commodities, and the US Dollar. This is the third of the series. Granted, macro doesn’t typically impact shorter term (swing, daily and weekly) trading, but developing a broad framework to build understanding of market context and to help recognize change in the...
On March/April 2020 we hit irrational market conditions due to the abrupt halt in the economy. We can blame the pandemic as the trigger, however there were indicators that were already flashing a slow down in the economy. Then "Magically" the so called "V Recovery". Sharp, strong, "back to normal", unemployment spiked to unprecedented levels and went back to a...
The remarkable CPI inflation print of 7 percent was a non-event, as it came in just like expected and month-on-month numbers showed some deceleration.
Yes, growth tried to rally a bit, but honestly, who wants to go all in when inflation is hitting multi-decade highs while the fed funds rate is still at the zero bound? Huge shifts in monetary policy are coming for...
The price of EG has been ranging within the borders of a downtrending channel for the past few consecutive months. As it can be inferred from the current situation, the price is rejecting the lower boundary of the formed channel and forming a nice bottom. After enough confirmations have been provided, we will look forward to opening LONG positions and aiming for...
This heikin ashi candle looks like the highlighted callout on LTF (2H). While the 2H pattern is absolutely a double bottom, I'm hesitant to use patterns on timeframes below days. If the BTCUSD support bounce doesn't hold, FTM will turn back around and continue the larger scale higher time frame consolidation.
On-chain indicators show alot of promise that we are...
Nice little risk-reward setup on the next break lower out of the bear flag.
Short calls on solid companies are fools game admittedly,
but the chart is the chart.
Hey everyone 👋👋
It's that time of the year again: Broker Awards!
Last year, we handed out 8 distinct awards to the best brokers integrated on our platform; voted by you!
However, since last year's awards, we have nearly doubled the number of integrated brokers, which means that your vote counts now more than ever! The competition is fierce for who will claim...
