Welcome to my post traders, For those who study EW, I present you my current view on GBPUSD. By the looks of it, it seems that we've completed a major correction & were about to experience some serious downside movement. Combining this analysis with the recently announced QE from the BoE, I believe it would make a suitable trade to the downside. Cheers to many pips!
ONE OF THE SLOWEST, LOW MOMENTUM PAIRS FOR THE LAST MONTH BUT HIGHLY LIQUID WITH LOW SPREADS AND SAFE TO TRADE FOR THE BEGINNER TRADER WE RARELY TRADE EURUSD IN OUR GROUP AND AS OF NOW HAVE A NEUTRAL YET BEARISH OUTLOOK JOIN US ON TELEGRAM TO SEE WHERE THIS TRADE GOES! t.me FX:EURUSD #FOREX #FOREXTRADER #FOREX ALERTS #EURUSD
Further to our previous article , FXCM's USD index, USDOLLAR, has reversed its technical makeup. The EMAs are looking to turn negative (green ellipse). If the EMAs develop angle and separation to the downside the green 5-day EMA will be below the orange 13-day EMA, and the orange 13-day EMA will be below the black 34-day EMA. This will be a testament to the Fed's...
We have not reached the top yet. The S&P will rise due to unprecedented liquidity and serious retail FOMO will kick in for a parabolic rise to SPY 400 (S&P 4000) by labor day 2020. This is the end of a 30+ year secular bull market. Once the fed signals slowing of quantitative easing due to rising S&P and economy showing signs of recovery, the bust will reach its...
Been holding onto this TA for a while now. I posted it on twitter a lot earlier, you can follow me @thecolour_red. On the chart you'll find 3 seller owned levels and one key liquidity area below that holds bullish sentiment. Currently, 100.39 has rejected price and is being challenged by buyers in the aforementioned zone. Fundamentals: -the rejection was printed...
Good morning traders We have a shorting possibility for the eurusd that has arised. Go with the flow of the smart money ;) As always, keep the risk managed! Cheers :D
Gold is firmly in an uptrend against the dollar. The fundamental fact that the federal reserve is printing trillions of dollars supports this trend.
The SPX has broken above the 50% fib level and looks set to visit the 61.8% retracement. Prior Analysis We have already moved beyond my prior analysis targeting the typical 50% retracement, whilst this is not uncommon it is certainly a testament to the power of stimulus and a positive narrative, or perhaps naivety, as the Federal Reserve has stepped up their...
Yeah, so money printer go BRRRRR and shiny thing goes up. Thats all for today folks!
The Fed today announced that it will make "unlimited" bond purchases (QE infinity), as well as buying mortgage-backed securities, corporate bonds, and bond ETFs. It's also opening two new credit facilities for businesses and expanded the existing facilities. Basically it's going to print as much money as it takes, and it's going to do it very quickly. This should...
I know FED is playing big moves ahead so far to prevent the State from the pandemic before it may cause more disruption around the country. The reason is beyond technical analysis for me to think even slightly how this pair might gonna end up trending upward. The big moves which I'm talking about from fed were the double rate cut within a month and some repo...
I posted about AGNC at the beginning of January when AGNC was around $17.50, I called for $20 no later than June. What a pleasant surprise that AGNC has continued to stay on fire! Now one might ask how did I turn this little, fairly slow moving stock into 480% gains in just 6 weeks? I mean this sounds like crypto gains, not stock market gains! This is a...
My Position: Last TA I published on the S&P we had just announced a phase 1 trade deal had been reached with China. It was great timing as we need a push to get us out of the bottom sub channel we have been stuck in as we were reaching that resistance again for a 3rd time over the last year. I entered the market using slightly out of the money call options for...
The fed has continued with "QE" Quantitative Easing. They call it "adding to it's balance sheet" It started buying long-term treasury's, debt and mortgage-backed securities to “increase the availability of credit” for home purchases and prop up the economy, according to a Fed statement from 2008. Fast-forward to October 2017: The Fed started gradually selling...
FRS began a program of buying debt securities in the amount of 60 billion dollars per month. The ECB will soon start a similar 20 billion euro per month program. At the same time, the Fed still has the opportunity to apply additional measures to stimulate the economy. Since there is an opportunity to lower the interest rate. In other words, the Fed has steps to...
All the rage is about how the economy is doing great, the best its ever done, they say. This trend line in the S&P 500 with relevant data for reference says otherwise. Suspect SPX will see 3k again this month even though it normally rallies in December. Without major intervention in way of massive trade deals or taking measures that further reinforce we are in...
The gold miners' ETF is testing its downward trend line again today, and may be in the process of making a rounding bottom. Buy low in the crescent or watch for a bullish trend line break. Gold has been showing some strength due to Fed policies and dollar weakness. It could break out upward on news of either significant market weakness or a breakdown in the US dollar.