Could we be seeing the formation of an inverse head and shoulders on the Nasdaq? Happy trading! Linton
FOMC – 25/05/22 This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price. We’ve...
As you can see we've had 3 FOMC meetings in 2022 and they've had bearish influences on NASDAQ 100 index. What will happen this time?
I like to short altcoins and long Bitcoin BUT... when Jerome Powell will likely be delivering a KO to the market today at the top of the most clear range ever.. I can't help but call out what I am going to shoot at. #BTC has gone from $28600 > $30,600 > $28600 > $30,600 > $28600 > $30,600 > $28600 > and not heading to $30600 pending bad news.. If JPOW surprises...
I think that it is very possible that today's FOMC meeting will decide the fate of the Nasdaq and the S&P500 for that matter. Watch this video to see the levels that I am watching for possible reversals or confirmations for downside. Happy trading! Linton
The much awaited FOMC will be released in a few hours. Naturally, there happens a big movement in dollar related pairs during FOMC. There are two parts to the FOMC statement 1. Hawkish 2. Dovish In a nutshell, hawkish means positive economic activity or optimistic positive economic projections. Hawkish statement includes all positive economic outcomes, including...
I predict EU will fall due to USD strength on/near June 14-15 (FOMC) meeting. Then, the Euro will strengthen on the wake/post ECB meeting at the end of July (26).
USD/JPY: Heavy Bank Selling seen - POC above current price levels - Heavy Volume during last sell-off - Symmetrical triangle broken - Lower lows and lower highs We have to watch ONE risk factor and that is the FOMC Minutes tonight. However, the technical landscape is clear and USD/JPY is likey to fall further furing the next days. ✅ Check our bio for Wall...
Gold H4 On the basis the dollar breaks south of 102.500/102. We could expect a spike in gold demand/price due to the drop in USD. As always, that element and confirmation to confirm bullish bias would be seen through a break and close around 1872 (weekly key level), and subsequent retest of 1858, this is where we could consider loading up on Gold longs. Just...
GBPUSD H4 Dollar seems to be pulling back and giving it's gains away as we have seen DXY fall through that 103.500 to 103.000 support zone. On this basis, we are seeing cable break above 1.25, another key psychological level. A retest of this 1.25 price would a possible entry price.
Events: EUR - Manufacturing PMI (expect a EUR reaction if we get a number below 52 or above 57.) EUR - 12 ECB Speakers ______________ US - FOMC Minute US - core PCE Inflation US - FED Speakers FED is expected to raise interest rates by 50bp at the next meeting. Keep an eye out for dovish members warming up to the idea of a 75bp hike instead. Doves turning more hawkish.
Events: US - FOMC Minute US - core PCE Inflation US - FED Speakers FED is expected to raise interest rates by 50bp at the next meeting. Keep an eye out for dovish members warming up to the idea of a 75bp hike instead. Doves turning more hawkish. _________________ NZD - RBNZ rates decision Close to a 50bp hike is priced in. Expect a move in NZD if they only...
If looking at this chart at a glance hurts your brain, no worries I will summarize for you below (I need these lines personally to make swing trade decisions but the concept is pretty simple). I am just using "1-5" rather than "I -V" but it is a smaller wave nothing major. Enough to tell us map of near-term price action going into FOMC): Bearish wave 3 was in at...
ALL TARGETS REACHED ✅ Results so far is +125 Pips ✅ Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 05.17.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Notes: Expecting financial markets to rally amid FOMC summer hikes. Entering "Complacency" (June 06, 2022 - Feb 2023) in market cycle. Entering "Anxiety" (Nov. 2022 - Oct. 2023) in market cycle. Hedge Idea (Long): Entry Price: $3,923.00 Entry Date: June 06, 2022 Price Target: $4,500.00 Date Target: Nov. 2022 (Short): Entry Price: $4,500.00 Entry...
Accessing The Risks of BTC ~ Sensitive to US interest rates ~ Correlation to SPX (Is BTC a measure of Global GDP?) ~ Communist Objectives (Finding solution to overthrow USD?) ~ Regulations ~ Global Adoption
Hi guys , we're back ! Well , as you can see the BEARS that shorted 46K to 48K range are reaching their most important goal (or even final target) (25K to 26K), because under old support Price in the $ 28,800 range There was a super massive pool of liquidity where they could close their own positions (converting a sell position into a buy one as soon as the short...
Hi traders, my latest trade idea is long on GBPUSD around 1.14950 area toward, 1.26750 area with a RR greater than 2. Let's see how this one performs, good luck.