Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Good morning key targets for short could possibly remain the same at 51300 if the value area low can not be held at support, and reject. 30 minute , 4 hr and 8hr time frames look healthy while the daily and 90 min are still giving more feelings the price could drop sooner than expected. Key your eyes on the key levels today.
In this video, we look at the Soybean market CBOT:ZL1! which is a commodity. Now if you have been reading or watching my videos. -- One thing you will notice is that i like the commodities market. Even though most of the time i talk about the stock market i really have a passion for the commodity -- market because it reflects the everyday prices of goods such...
Today I will be analyzing indices and USD pairs. I expect some USD strength next week. Disclaimer: This is just my analysis which of course can be wrong. So do your own analysis before investing or trading
This week was not easy for those looking to short back down to broken resistance; 4.137%. We saw TVC:US10Y 4.196% buy stops liquidated before rejecting from a HTF 6-month bearish order block that has been respected in the past. Based on Thursday's sell stop raid, with the lows being 4.187%, we swiftly retraced before closing 50% of thew daily range @ 4.283. I am...
TVC:US10Y and CBOT:ZB1! are strong reverse correlation between each other and with last weeks price action proving to be mainly bearish, I do not believe the pain to the downside has ended... With TVC:US10Y Thursday's daily bearish hammer forming @ the bullish order block created on Monday, we witnessed a bullish shooting star in CBOT:ZB1! , Thursdays candle...
Last week, we had a good run on buy stop liquidity @ the 104.550 level with the highs of the week being printed @ 104.976. This was expected as there was a fair value gap on the weekly timeframe around the 105 zone in which TVC:DXY got. As a result, we have our first down close candle for the week for the past 5 weeks in CME_MINI:ES1! and CME_MINI:NQ1! but...
Gold short term Bearish but look for BUYs with weakening dollar
Gold It's appeared doji candle on Feb.14.2024. Fm 1984 to 2034, fibo 0.618=2015 Last night retested. after retested it's upwards 2041 non-stop. And Daily time frame closed at 2035. So the uptrend still on going. Next week still need to buy on the low.
CME_MINI:ES1! is stuck between a rock and a hard place! From a macro perspective, we have been on a bullish uptrend since the 27th Oct 2023 with daily HH and HL's being formed. Every now and again, a minor retracement is necessary to accumulate more positions to continue to the upside. This week, we have witnessed sell stops being raided however the overall...
Last week, I was on a lookout for a continuation of shorts, running through intraday sellside liquidity @ $17,717 with $17,690.25 being the daily bullish order block. What we have witnessed is perfection in the sense of accumulation, manipulation then distribution and i am expecting further downside for the week until the liquidity void from the 30-31st Jan 2024...
Massive spike out attempt on both buyside and sellside on the weekly timeframe. But in comparison to CME_MINI:ES1! and CME_MINI:NQ1! , CBOT_MINI:YM1! has been stagnant for the past two weeks. Last week, I was expecting lower prices but the $38,100 manipulation that occurred was something that I thought would hold and we would see a candle body...
With a similar expectation with FX:EURUSD , I was looking out for a continued selloff, which we got but failed to take the prior weeks lows out indicating that there was a higher probability that a short term relief rally into the premium arrays is more than likely possible. What we are seeing today is rangebound price action from the 5th Feb 24 with many...
Please go over my previous analysis with regards to FX:GBPUSD as I was expecting a continuation of shorts into the week. Although fundamentals is not on my side, I figured that going with high probability signatures such as reversals at order blocks plus reluctancy at fair value gaps will reduce my risk of being stopped out. I have left 50% on the table to run...
A further dig into Sellside liquidity is what we saw last week before closing above the weekly fair value gap, completing a 6-week consecutive run. With that being said, I was expecting a further decline last week with the opportunity for the prior weeks low to be swept @ 1.07227 which we witnessed. This current weeks trading, I was expecting a sell-off into the...
No matter how good of a trader you may be, it will never hurt taking profits off the table. Pay yourself for the time spent if your given the opportunity! That's me done for the week with FX:GBPUSD But lookout for 1.26052 sellside
Last week was very interesting as we have had a prolonged run up to $52,000 throughout last week, going into this week as it would be expected that a pullback is pending in the near future. There is the chance the bulls could attack the all time highs at $69,000 but for now, we have to stay level headed and await a bullish break of $52.985 before proceeding with...