Based on the structure of the chart, the US dollar index is pulling back towards the middle line of the ascending channel and will move towards the bottom of the channel after the pullback. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol...
Hello Dear fellows , i hope you are doing great . i will look into it closely in todays session to add more position as this pair was my Week's setup you can see in my previous published idea for Week's setup. yesterday Closing was great for usdjpy as it gave more confidence to stick with Buy. I will keep updating here for Trade updates like volume adding , Stop...
With inflationary expectations low, a decrease in CPI and Core CPI, a likely slowing in interest rate hikes, there's too much positive news in the short term to ignore the likelihood of a near-term rally. Still, some hinges on Jerome Powell's outlook tomorrow, but I expect him to keep language as soft as his last speech. Last month, he was still very domineering...
Hey traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 1790 zone, once we will receive any bearish confirmatino the trade will be executed. Trade safe, Joe.
History never repeats but sometimes rhymes right? 2008 MBS bubble dropped the S&P 500 56% from the ATH, assuming we have an everything bubble after 6+ Trillion QE injection since 2020, I see similarities to the Great Financial Crises. Powell made it very clear yesterday, more hikes for longer if inflation is not brought down to 2% target so how will they ever...
Looking at the Weekly Bitcoin chart. We've mapped out a key level that Bitcoin shattered down through with the FTX news, but has since failed to reclaim and break back through. FTX collapse aside though, we can see that this 18K level is where Bitcoin skyrocketed past in late 2020. Thanks to Uncle Sam's stimulus checks of course... Over the coming weeks, this...
$XAG Silver - Short term...Where to next? Beautifully within the ranges a break to either direction. Trade Journal
We have series of higher highs and higher lows. Trendline (technicals) and fundaments support growth in Gold price. Then question is why gold fell down after FOMC. Powell speech give clarification of interest rate almost peaked ( he hinted 5 % max , depending on circumstances). I think its correction phase. Big boys Don't let u win so easily. Trendline...
Taking a small Long here with Vertical Spread , playing for this bounce FOMC Trade .
Looking at the H4 chart, my overall bias for XAUUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Price has tapped into my pullback buy limit entry at 1794.885, where the 61.8% Fibonacci line is. Stop loss will be at 1777.685, where the recent swing low is. Take profit will be at 1824.515, where the recent swing...
$SPY Session Hourly following Fed Decision, $398.93 bull gap filled. AMEX:SPY
Important Moment to the Market FOMC Minutes with important decision addressing the economy of the country!! In the Moment when the FOMC minute delivered the market react with high volatility in this moment will appear great opportunity to trade and take a bunch profit from the market. Premises: 1) Market overall in Downtrend 2) Perception of the market...
Hey traders, in today's trading session we are monitoring NASDAQ for a buying opportunity around 12000 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
#TRX - Testing key resistance for potential breakout Entry Conditions: - Premprt FOMC announcements for a pump - Justin Sun longs TRX w/ big money (apparently) - Bullish Divergence - RSI Breakout - Unfilled Weekly Pivot
DXY H1 - Nice break of consolidation seen here on cable, expecting some more downside for the dollar leading into the interest rate decision and FOMC press conference as we approach NA lunchtime. Interesting day yesterday, CPI as expected, DXY, GBPUSD and XAUUSD all moving as expected. Not sure we will see much volume as the is typically a halt ahead of such...
DAX40 is forming a sell structure on the 4H timeframe.
SPX500 is forming a sell structure on the 4H timeframe.
US30 sell structure is being formed on the 4H timeframe.