PIPTASTIC finish to the week completing our chart idea!!!
Yesterday we stated that we had the break above 1999 opening 2007 and 2010.
- Both these targets were hit with plenty of time to get in for the action, inline with our plans to buy dips.
We will now come back Sunday with our multi timeframe analysis, Gold route map and trading plans for...
Gold rises despite the United States Bureau of Economic Analysis (BEA) has reported that the economy grew at a higher pace of 3.2% against 3% as anticipated by the market participants. In the July-September quarter, the Gross Domestic Product (GDP) rose strongly by 4.8%. An upbeat GDP data is expected to weaken the consensus argument advocating early interest...
Please see our daily chart update which we have been tracking all month. Once again true perfection alongside our smaller timeframe analysis.
EMA5 cross and lock above 2043 confirmed the 2089 target on this chart with plenty of time to get in for the action, which was completed last week and respected perfectly.
We will now either see resistance...
Most Asian currencies fluctuated in a narrow range on Wednesday, but the dollar pared recent gains after some Federal Reserve officials warned against betting the central bank would stop raising interest rates. Expanded.
This will focus attention on Fed Chairman Jerome Powell's upcoming speech as markets look for further signals on U.S. monetary policy. ...
The rise in Bitcoin (BTC) has paused at $36,000, but bulls are not in a hurry to cash in. The number of long-term holders (addresses holding Bitcoin for at least 155 days) is close to an all-time high, while the number of short-term holders (addresses holding coins for less than 155 days) is currently at an all-time low, according to Glassnode analysis, indicating...
As traders reinforced their wagers that the Fed would stop hiking interest rates, the USD index and dollar index futures both dropped 0.5% in Asian trading, prolonging losses from the previous day.
Chairman Jerome Powell adopted a less hawkish posture than markets had anticipated by admitting that monetary conditions had tightened somewhat in recent months, even...
Due to investor demands for compensation for interest rate and geopolitical risks, as well as worries about oversupply as the Fed tightens monetary policy, both the bond and equity markets are volatile.
Because of this, the market will be much more interested in the capital mobilization announcement on November 1st, including details about the scope and duration...
Hello Traders and Investors,
My name is Philip and I am a German swing-trader with over 4 years of trading experience.
I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings.
I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term...
Good day, traders.
Today, we'll be keeping an eye on AUDJPY. Hopefully, we will have a solid bearish momentum around 94.149, with the first take profit being in the 93.50 zone and the second being in the 93.00 zone. Keep in mind, no entry, no confirmation.
Good day, Trader.
We'll be keeping an eye on USDJPY. Even though the 4-hour timescale clearly shows a bullish continuation pattern, I like to be careful. Before going long, I will patiently wait for price to break out of and retest the 1.46.643 zone, and before considering selling USDJPY, I will be anticipating price to totally take out the 145.953 zone. Recall...
Good day, traders.
This week, we'll be keeping an eye on NZDUSD between 0.5882 and 0.5730 for bullish momentum. First take profit is in the 0.5990-0.602 zone, followed by TP 3 at 0.6130.Keep in mind that entry requires confirmation.
Good day, traders.
We'll be keeping an eye on the CADCHF on a daily timescale for any potential breakouts and retests of the strong support zone at 0.6500 that might lead to the triggering of sell orders or rejection from the zone that could lead to the triggering of buy orders.
I'm long AUD/USD on the daily chart, and I'm looking for 0.67245 to touch. That's the red resistance zone.
This pair touched daily support a few days ago, and has since setup nicely to the upside, in my opinion.
This is not advice.
I entered a short yesterday on the 4 hour chart and took profits at the blue zone. However, it looks like USD/CHF is making a bee line for daily support (red zone). That daily support is also within a larger weekly support zone. This is not advice.