Is Nasdaq at the brink? To the dismay of many, NQ is currently trading at 14664.00 that was the weekly close of Oct 20, 23. And Price momentum would indicate further downside of price. But how much more? First let’s bring back into perspective the state of DXY. If you ask why then it is because if we encounter a stronger dollar in market conditions it reduces an...
Price has retraced into a level that is in for demand to flood the market. My stand for tomorrow friday is consolidation. If I were going to push the market higher for next week, I'll want Friday trading day to be an in trading day. I wouldn't want the market to go up or down, but consolidate. That will be a signal to me that market will be going bullish for next...
This is a backtested and optimized trading system for trading the E-Mini contracts. You can also trade the entire futures market with the TrendCloud System. Let's go over this winning trade together.
Marked out area for buying, after market has broken above the structure. Any retracement into the buying zone is considered a buy for me. that is my entry. Placed a limit order at that zone
Recap The past week has seen the ES experience an unusual streak of red days, with six out of the last seven days ending in the red. This rare occurrence was followed by a green day on Tuesday as part of a broader relief rally at the Sunday futures open. However, the bulls could not sustain this momentum, and we saw a return to the red. The ES has been base...
hello freinds this chart we shows that this market will know a down trend on next days when i recommend selling with a fort probability if you want more informations please show the chart good luck
hello freinds this chart we shows that this market will know an uptrend on next weeks when i recommend buying with a fort probability if you want more informations please show the chart good luck
Nasdaq 100 has retraced into a level which i marked way long ago. A weekly support, not expecting price to start trading immediately. However, if an opportunity comes with a BOS, I'll be entering the trade.
Gold is steady in early trade as risk markets rise despite the Middle East crisis. The US earnings season is gaining momentum, and the latest S&P flash composite index suggests expanding business activity, fueling optimism for a soft landing of the US economy. US Treasury yields are steady or slightly higher today as traders await the upcoming FOMC meeting and...
Recap Yesterday, ES broke its 5-day red streak, the longest in 2023. The green day was expected as ES tested its primary bull market trendline from the 2020 COVID lows and put in a failed breakdown bottoming setup of last week's lows. This setup led me to go long on Sunday/Monday from 4215, adding to it at Monday's close at 4245. The market action played out as...
The price drop slowed down on an all time low demand zone. And as per the price action, it seems we might see a small trend reversal up to $70 area where the price will hit strong supply area. But if the price closes below $60, we will have to reconsider our entries.
World gold price stood at 1,975 USD/ounce, down slightly by 1 USD/ounce compared to the same hour yesterday morning. Last night, the price of gold experienced a correction when it dropped to only 1,953 USD/ounce. However, the decline in the USD helped precious metal prices recover this morning. There has been no major military escalation in the Israel-Hamas war,...
Recap Last week, ES ended with a rare 4-day losing streak, pushing the RSI(5) into oversold territory. Despite a short squeeze yesterday, ES failed to close green, ending the day around the same spot as Friday. However, a bullish hammer candle was formed, indicating potential for a bullish follow-up today. The Markets Overnight 🌏 Asia: Mixed 🌍 Europe: Mixed 🌎...
EURAUD is forming a strong correction within which it may reach trend support in the near future. From the support, based on the basic fundamentals of intra-range trading, I will wait for a bounce in the trend direction TA on the high timeframe: 1) Global bullish trend 2) Price in consolidation inside the corridor between volume density. High probability of a...
World gold prices decreased slightly at the beginning of the trading session on October 23 due to the highest price pressure in more than 3 months, making investors mentally prepare to buy at any time when gold prices begin to fall deeply. . If the conflict in the Middle East escalates, gold will move higher. On the contrary, if the situation shows signs of...
WTI Crude Oil is trading within a wide horizontal range on a 4h time frame. The price is currently testing a support of the range. To buy the market with a confirmation, watch a tiny double bottom formation. If the price breaks and closes above its neckline - 86.26, a bullish movement will be expected to 86.78 / 87.61 ❤️Please, support my work with like,...
Looking ahead to the NY AM session, a bullish weekly profile so far. Monday's session established an Opening Range High for the week, a common occurrence for the first trading day. Anticipate a decisive move away from Monday's high, targeting opposing liquidity as a potential manipulation. Pay close attention to the 10/23 9:30 LOD (Low of Day), a crucial...
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