Support and Resistance
Will Sellers Defend the Weekly Resistance Level/4Hr Supply Zone?CME_MINI:MNQ1!
He who is not courageous enough to take risks will accomplish nothing in life: -Muhammad Ali
Here I have created a short Video detailing my HTF Daily/4Hr perspective when it comes to NQ.... WE have just wicked the Daily High printing a new ATH and sellers dropped the market to go and mitigate discounted demand prices... Now that price has worked its way back up, the #1 question is will this current Weekly Resistance HOLD or will Buyers push past the resistance level and back into Premium 4Hr Supply Zone territory. Lets stay super focused on the development of PRICE and be ready to adapt and focus solely on entry Management / risk to reward. Were going to have a gr8 week this week.
Remember when it comes to FRM 'Financial risk management' Our job is to manage the downside costs of printing HIGHSIDE returns of $$$ Consistently...
#BHM500K #NewERA #Champions
Weekly Forex Forecast Nov. 25th: SP500, NAS, DOW = BUY THEM!The three indices are bullish. They each had a Daily +FVG they found support in, and were bullish from that point of contact. The DOW is the strongest, and may be the best bet, even though it is a wildcard most times. The SP500 is probably the safest buy, as the NASDAQ is the weakest of the three. If things turn bearish for any reason, the best short will be in the NASDAQ.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weekly Forex Forecast Nov. 25th: NZDUSD Potential Trade of Week!NZD \ NZDUSD may turn out to be the best setup of the week. Tuesday 8pm EST is the RBNZ Rate Statement. Best to look for setups after that news. But if the current trends hold, I will be looking for sell setups, as the currency has been week for an extended period of time.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
HTF Daily/4Hr Key Levels on we could see Mitigated this week...?COMEX_MINI:MGC1!
He who is not courageous enough to take risks will accomplish nothing in life: -Muhammad Ali
Hope all is well. Here in this short video I have displayed my insight or outlook so be it on GOLD's HTF's Daily/4HR. I have learned to remove much of the distraction off the charts and solely focus on my Daily/4Hr Key levels and wait for Mitigation Alerts.... This weekend I focused solely on better understanding HTF External Structure vs Sub structure.... From the Daily/4Hr TF perspective my question of the Day is, 'Who has the stronger hand?' this will determine where price is headed and give me my best directional bias for the day as an intraday trader. Being that my execution TF is based off the 5m.
From Basic Skill to Professional Dominance is where were headed...!! -500KTrey🏁
WEEKLY FOREX FORECAST OCT.25-29th: Look to Sell EURUSD!The EURO is weak, and has been for quite some time. Parity may be the destination, as it underperforms against the USD. The key will be not trying to pick the bottom, but looking for the end of an inevitable pullback! That will be a high probability sell entry!
This will be a classic ERL to IRL move. External Range Liquidity to Internal Rang Liquidity... back to External Range Liquidity (for the Lower Low).
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weekly Forex Forecast Nov. 25-28th: GOLD Resumes Bullish Trend.After three bearish Weekly candles, safehaven seekers pushed the prices past the previous weekly high with a strong close. Will this continue next week? I suspect it will. The Monthly and Weekly TFs show bullishness, and indicate the bearishness was short term.
That said, I am prepared to sell if the entry function presents itself at the current -FVG price is contacting. This price level is in the premium of the trading range, making it a great area to look for a short. But it is counter-trend, so a reasonable profit target is in order.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Weekly Forex Forecast Nov. 25-28th: USD INDEX Is Still Bullish!November 25 -28th
The DXY is still showing strength, but can pull back at any time. After breaching a Swing High, a pullback is naturally expected. But until it gives a bearish BOS, I am still buying the USD.
Don't be too quick to start selling!
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Learn Mother, Father and small child theory and Parallel channelThis is an educational video explaining medium to long term analysis of Nifty for educational purpose through my Mother, Father and Small Child theory. I am also trying to explain what happens in the long run, also you will find insights of how to use and draw a parallel channel. I have also done an analysis of Nifty supports and resistances in the medium to long term. We are also trying to understand what can be the channel top in the long run. We are also trying to see how RSI works in brief. The attempt is to explain a lot of stuff in simple jargon free language in roughly 16 minute video so that you get lot of education. It is going to be a power packed 16 minutes once you watch it. Do not forget to like/ boost our video and subscribe our channel.
To learn Mother, Father and small child theory to the deeper extent and to learn about RSI do read my book: The Happy Candles Way to Wealth creation available on Amazon in Paperback and Kindle version. The book is also available on Google playbook in E-version.
Disclaimer: Purpose of the video is for education. Do not treat this as a buy or sell call on Nifty. I am just trying to teach / throw light on Mother, Father and small child theory in brief along with the use of parallel channel. Hindi and English both languages are used in the video for wider audience to understand the same.
UK inflation report to provide fresh GBP/USD setupsGBP/USD would likely be a lot higher heading into today’s UK inflation report if not for the Ukraine headlines yesterday. The bullish pin coming a day after a bullish engulfing candle says as much, reflective of plenty of willing buyers below 1.2613.
With RSI (14) breaking its downtrend and MACD looking like it may soon flick higher, momentum also looks to be in the early stages of turning, adding weight to the price signals over the past two sessions. While the near-term bias is bullish, entry for potential longs will be determined by the UK inflation report due out shortly.
The annual headline rate is expected to accelerate to 2.2% from 1.7%, although traders may want to put more weight on the core and services figures given noise created by base effects. The former is seen easing a tenth to 3.1% while services is tipped to remain sticky at 4.9%, reflecting the impact of continued strength in wages growth.
However, domestic factors have not been highly influential over GBP/USD moves recently, as demonstrated by the extremely tight inverse relationship with US benchmark 10-year US Treasury yields over the past fortnight.
If the relationship persists, use the reaction to the report to evaluate the merit of setups.
If we see a dip towards 1.2613, you could buy with a tight stop beneath for protection. 1.2720 would be the initial target with 1.2803 the next after that. Another option would be to wait to see whether the price can break above 1.2720, allowing for longs to be established with a stop below. 1.2083/200DMA would be the first target. Beyond, the uptrend dating back to May is also on the radar. It’s found around 1.2930 today.
If the price were to break and hold below 1.2613, the bullish bias would be invalidated.
Good luck!
DS
Weekly Forecast Nov. 18th: Silver / Platinum / Copper /Crude OilThe precious metals have been bearish over the last couple of weeks. Will the market shift to a
bullish one this week?
Crude Oil has been bearish-neutral. Institutional players are busy adding to their sell positions. What will the market do this week?
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
FORECAST UPDATES! Silver / Platinum / Copper /Crude OilTuesday Nov. 19
Price has tipped its hand, and traded through the -FVGs on all of the metals. The bullish rallies
give us a bias to base our buy setups on!
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
potential trades to develop 11/19/2024Welcome back,
In this video, we provide a detailed analysis of the volatility that occurred in our previous submission. The volatility peaked at 6:30 p.m. and was directly attributed to the release of fundamental news information regarding the USD and CAD currencies.
Following this development, we conducted further research to assess the potential impact of the volatility on trade opportunities. Utilizing correlation analysis, we identified that the USD experienced significant weakness, while the CHF, despite its weaker position on the chart, outperformed most of our weaker currencies, including AUD, GBP, and USD.
Based on these findings, we remain vigilant for further market developments. Should we identify a suitable trade opportunity, we will provide a comprehensive explanation of our decision-making process. Subsequently, we will conduct a thorough post-analysis to assess the outcome of the trade.
We anticipate your continued interest and look forward to sharing our insights with you.
EurUsd Nov 24' .. Elections Catalyst?Hey traders, welcome back to another analysis. It's been 2 years and Eurusdmay finnally break out of the range to the downside. I know you are just as excited as I am for a potential squeeze down to 1.03.. However, we must wait for confirmation and maybe a liquidity wick before anything else. Safe trading!
Please leave any feedback below or even a boost to help the channel. Ty, cheers.
-ShrewdCatFx
USD/CAD: Eyes on inflation as reversal sets stage for downsideThe Canadian dollar delivered a reversal signal against the greenback on Monday, with USD/CAD printing a bearish engulfing candle on the daily chart. After trading within an uptrend since early November, this suggests directional risks could be turning, even if momentum indicators like RSI (14) and MACD are yet to confirm.
USD/CAD briefly tried to bounce during the Asian session but stalled at 1.4034, the low from last Friday. For those considering shorts, this level provides a decent setup, allowing for entry beneath with a tight stop above for protection.
To make the trade stack up from a risk/reward perspective, it will require the price to break minor support at 1.4003 first, opening the path toward 1.3959, a level that acted as resistance in late October and early November.
Today’s inflation report is a standout in a slow global data week. The annual CPI rate is expected to climb from 1.6% to 1.9% in October, nearing the midpoint of the Bank of Canada’s (BoC) 1-3% target range. Core inflation, which is the average of Statistics Canada’s trim and median CPI readings, is expected to print at 2.4%, slightly above September’s pace.
With the BoC forecasting core inflation of 2.3% by December, a result in line with market expectation should do little to diminish the view that further rate cuts are in the pipeline. However, an upside surprise could see the BoC start to slow the pace of easing. Such an outcome would improve the prospects of the trade succeeding.
Good luck!
DS
The S&P 500 just hit me with a 'deja vous' - gains to follow?Once every so often I look at a chart and instantly get struck by a familiar pattern, which is exactly what happened today with the S&P 500 futures chart. And with asset managers firmly backing the ES1! futures market, I'm not on guard for a bounce form support. Just as long as Nvidia earnings allow.
MS.