from past few days gbpusd been so mad, but right now we are currently forming the second leg of a confirmed M pattern on the daily tf, we expect bit of retracement and futher drop
I believe spy has an opportunity to run up some if it can break the 411.5 -4.12 area imo.
Fundamental data supported the market rally in the S&P 500 on Thursday as buyers returned to the market. The issue now is can the momentum that moved the index to a positive close on Thursday be carried over to Friday with an ideal close above 4180.
Here is my analysis for Zcash as I think we have an accumulation pattern that may signal the start of bullish move. Let me know what do you think
hello every body please watch the video completely i tried to described little about macro economic ,then analyzing the #DXY then after that the # GBPUSD Don't forget to comment your idea and then like if you really like and follow for more analysis from this week
The fear of missing out The fear of missing out (FOMO) is an emotional response to the belief that other people are living better, more satisfying lives or that important opportunities are being missed. FOMO often leads to feelings of unease, dissatisfaction, depression and stress. Well i guess we need to create a new word, so i called it POMO (Panic Of Missing...
The Chinese yuan, also known as RMB, is the official currency of China. It is used both onshore in mainland China and offshore in international markets. The offshore yuan, also known as the CNH (Chinese yuan - Hong Kong), is the version of the yuan that is traded outside of mainland China. It is traded in offshore financial centers, such as Hong Kong, Singapore,...
The high volatility that occurred on Wednesdays S&P 500 futures session ended with sellers gaining control and a weak close. The Asia session shows selling continuing to put pressure on lower prices. The challenge for the sellers is that it's approaching levels that we have found buyers in the past as mentioned in the video. So, the market reaction at those levels...
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U missed the move A really good move don't go chasing at these prices would be my suggestion #cramer is named the inverse oracle for very good record His track of wrong calls is outstanding!!! :)
The stage is set in the S&P 500 for Wednesday's CPI announcement. It then a neutral zone environment and it will be 50-50 in terms of how the market wants to respond to the CPI numbers.
Bitcoin over 30,000$, will it hold it? Ethereum Up 2.97% but we need to see a breakout for most ALTs to follow BTC Dominance at resistance. Better to break higher (it has been rising together with Bitcoin the past days, maybe continue?) OR will it drop? and if it does drop will it mean ALTs are favored? Watch this video to know more. One Love, The FXPROFESSOR
We are in the bullish zone, finally. However, please keep in mind that there will be corrections on the way up. Bitcoin won't go up in 1 candle. So, prepare for an engaging ride. Good luck, traders!
here is a trade i'm on at the moment. i'm looking to trade back down to 1.8600 level
new Bank of Japan Governor Kazuo Ueda has stated that he wants to keep the same policy as kuroda which is a dovish for yen, therefore we can look to sell yen pairs on pullback.
The volatile price action on Monday and the S&P 500 imply that the market got low enough on Monday to find buyers and levels that are found buyers before. The expectation for Tuesday would be an up close towards the 4150 the 4160 levels.
In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities. In the...
Let's kill this week guys, follow your trading strategy and rules and be confident in your skills. Do not trade a set up that does not follow your rules. Control your mind, of making bad decisions that could affect you in the short and long-term in this market. You will be grateful in the future.