Note: Not sure what happened at 3am (GMT+8) with the candle reflecting a huge spike up and down. Does not show up on my MT4, so I shall take it as a glitch. Slightly surprisingly, the DXY strengthened strongly overnight with most major economies still on an Easter Monday bank holiday. It is most likely that because there are no/less counterparties to trade...
In yesterdays publishing you can observe that our short term target was at 1.0938. Some buyers are taking profit as we have reached this minor zone 1Hr level. The bullish 4hr candle closed above 1.0918 which has been our Fakeout sell side entry area. This is bullish technically speaking. Looking at market structure it looks great. So we had a fakeout market...
Bank of Japan Governor Ueda spoke at his first news conference as head of the central bank today. It wasn't quite a State of the Union address, but Ueda's message was clear - the current monetary policy was appropriate and he had no plans to make any major shifts. There has been strong speculation that Ueda will make some significant moves, perhaps not right away...
Make some quick money. in and out in a short amount of time. Good Friday has the market moving randomly
There is a large fair value gap above recently engineered liquidity and we could see a move lower to take sellside liquidity after the market opens at 9:30.
Gold is down to support before the release of the non-farm payrolls data. Earlier the price hit a new high at 2032, after which a technical pullback to the support of the price channel is forming. What to expect from the price today? The forex market may be slow today as many countries meet "Good Friday" but also, we have the NFP data release today. The...
"What to expect from NFP on Good Friday? What is Good Friday? Good Friday is a federal holiday, which means that US equity and bond markets are closed. However, the futures market, as well as the forex market, is open. Good Friday is a rare occurrence, but it has happened in the past. The last three times it occurred were in 2021, 2015, and 2012. Let's take a...
The EUR/USD pair entered a consolidative phase on Thursday amid thin trading conditions while investors wait for the U.S. nonfarm payrolls report. At the time of writing, the EUR/USD pair is trading at the 1.0925 area, 0.23% above its opening price. Most global markets will remain closed on Friday in observance of Good Friday. In the U.S., the stock market will...
Unemployment bad. Nazzy not happy. When Nazzy not happy, nobody happy. Unless You shorty. Directional is bearish on multiple TF ADX confirms sentiment 310/315 credit call spreads was the tool 4/28 expiry
By analyzing the GBP/JPY symbol, we can see that the price faced selling pressure last day by attacking the liquidity pool above 166 and has managed to fall to 163.6 so far, the probability of continuing to fall to lower levels is high andThe first possible target of this drop will be 162 and the second possible target is 158.5! From the higher and important...
Btc has seen an upward rally since this year and price is all about liquidity, balance and time. So a run to the weekly Breaker Block on btc will reprice its one sided run. And once it moves away then price will be balanced and ready to rally to 35- 38k probably. I hope this gives you an insight on what risky assets might do on NFP Friday. Trade safe anon, NFA!!!
Value in Description ⬇️ Beware we have returned close to our extreme prices after an abrupt beginning to the week. Price fell into the abyss as optimistic buyers were a bit too early like myself. This NY session though we managed to grab a spot on the train. I was bearish walking into the week and was expecting a pullback to these prices. However , after that...
Fundamental Backdrop 1. Plenty of USD news happening along the week. 2. All eyes will be on NFP. 3. At Olympus, we are forecasting payrolls to print <250k compared to 311k previous. 4. There has been multiple economic data release on the USD, highlighting the slow down of its economy and inflation. 5. ISM manufacturing PMI releasing later on in the day and...
hello traders this happened today it is possible to catch this moves almost all the time on gold it works on gold pretty much all the time if you wann learn keep following
Fundamental Backdrop 1. USD continues to face uncertainty and volatility due to the SVB crisis. 2. All eyes will be on the FOMC meeting and the Fed Fund Rate. 3. More dovish on the USD will lead to EURUSD heading higher. 4. Fed might be restricted to hike rates by 50bps due to the instability of the banking industry in the US. Technical Confluences 1. Price...
it is possible to catch this crazy moves guys lets trade easy it is all about knowing the right information look my other posts how it is easy to predict the market and enter early with out even waiting the breakout
hello traders hope those following me are on this trade it is doing what is suppose to do lets rise it down