Market structure of DXY on 4-hour time frame4H is swing bullish => current is pullback dow The current price touches the demand zone block We will buy when the 15-minute frame shows a reversal of the CHOCH signalby quangcttnUpdated 10
DOLLAR INDEXHello Traders! The direction of our prediction of the movement of the dollar index Touch target is 107 dollars and then correction to 98 dollars according to the image aheadby drneowaveUpdated 3
DXY, D1Looking forward on dollar move stronger, last week dollar jumps after NFPs excess expectation level, and leading gold hits one month low. This week would waiting for dollar continue raise. Longby chinghola0
DXY uptrend continuation DXY show a clear view of bullish move continuation for the month of June 2024 after NFP news release last week Friday. Traders, keep in mind to expect more bullish move for USD and take caution when trading against USD. I wish you all success ..Longby Olumine2
Bank Nifty Possible Next TragetEven though last week was a roller coaster ride and all were bullish , even though with the same government it is hard to go with the bullish sentiment . I would still go with shorting as it has been almost 50% of recovery and now it go can down with much faster paceShortby setrader332
DXY 10/6/24 Will DXY going to uptrend ? BOOMDXY 10/6/24 Will DXY going to uptrend ? BOOM 106.6 is a critial point for gold to decide the direction. Longby GoldInsightsHub0
Weekly Analysis & Market Crash PredictionHere's a video going over what I'm watching heading into the week and what I expect leading up to FOMC. I'll do some more FOMC and market analysis before then as we get closer to Wednesday. Overall, I don't expect much, I think we'll have downside and chop until then. Either way, any moves made on Monday and Tuesday can be wiped out insantly on Wednesday, so I'll focus on some small day trades and averaging into longer dated puts for Monday and Tuesday most likely.Editors' picksShort19:51by AdvancedPlays99305
Nifty is now at Base area.Very interesting Nifty daily chart here - Nifty is making a broadening Tringle pattern and now at the support (base) area. Bounced back from 200EMA as it makes support, which is very very strong support. If it further fail and can not hold then it could be dangerous. by We_Learn_InvestingUpdated 1
DXY: an indicator to forecast Bitcoin’s directionJust like USDT Dominance, US Dollar Index (DXY) has a somewhat inverse correlation with Bitcoin's direction. If we look at the DXY historically, whenever the DXY was in a downtrend or sideways movement, Bitcoin was in an uptrend. Also, whenever the DXY was in an uptrend, Bitcoin was in a downtrend. Simply put, if the DXY goes up, that means the U.S. dollar is gaining strength or value when compared to other assets and currencies. So, people/traders tend to hold the U.S. dollar instead of, say, Bitcoin. And when DXY goes down, that means the U.S. dollar is depreciating in value, so people/traders tend to hold other assets like Bitcoin or Gold.by SaeedSalehiniaUpdated 3
S&P 500, US500 Market Robbery Plan To make moneyMy Dear Robbers / Traders, This is our master plan to Heist S & P 500 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. There is two plan to heist this market, Our target is Green Zone when market comes downside that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Once Bull trend is formed in the green level we can start our buy plan to heist the market in buy direction, our Target is red zone. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.by Thief_TraderUpdated 115
SUPPORT AND RESISTANCE / SMC In this analysis we are focusing on 4H time frame for DXY. Currently price is moving near the support area. Now we look how market price will react in this support area. I'm looking a potential buy today, on the top of the chart we have unmitigated bearish OB. let's delve deeper into these levels and potential out comes. This is just my prediction before any confirmation we can not execute our trade.Longby TradeTacticsrealUpdated 4
Market Crash - SPX Ascending Wedge From 2018.Not only do we have bearish patterns on some shorter term time frames, but we're also seeing it on much larger term time frames as well. This is yet another ascending wedge, but this time it's one that has formed over a 5-6 year period. If it is broken to the downside, the move will most likely be substantial, but it may take a while. Analyzing a 1 week chart showing the past 20 years is a completely different story than what you would see on a 1hr chart showing the last 20 days. www.investopedia.comShortby AdvancedPlays3
FINNIFTY- Intraday Levels -10th June 2024 FINNIFTY if Sustain above 22224 then 22266 above this bullish then 22360 to 22373 then 22412 then 22442 to 22462 then 22492 to 22510 or 22521 then 22560 above this more bullish FINNIFTY if Sustain Below 22076 to 22063 then 22033 to 22020 then 21965 to 21928 or 21914 then 21873 below this bearish then 21823 then 21677 to 21627 then 21557 to 21489 below this bearish Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.by PrashantTaralkar2
DXY Trading Journal Analysis DXY Trading Journal Analysis Great delivery last week. I suspect that Price will seek the noted buys stops and the 4 IFVG rally to rebalance at range 105.458. I anticipate for Price to seek lower prices by rebalancing the daily BISI for the low of the week at 104.946. There is a gap on lower TF that Price will seek to come back to at range 105.036 to 104.935. Read tape to what she gives me. by LParnell0
DXY Trading Journal Analysis DXY Trading Journal Analysis Very pleased that I anticipated for Price to gravitated to the 50% on the weekly and wicked bounced off to seek the lower PD Ray liquidity. Monday Price did seek to rebalance the 4 IFVG and wicked through it. Tuesday Price took Equal lows at just below my noted 104.080 number. to 103.993. So happy. Thursday Price did rebalance the lower noted 4IFVG and hesitated to rally above the higher noted 4 IFVG, and yet took my buy stops target. Friday Price rallied higher stopping short of the higher buys stop target. Nice delivery to end the week. So pleased. by LParnell0
flat to bullishIm expecting a long move for this monday. yet the week is full of big news, starting with nvda split, which i believe is a buy buy buy more. then FOMC on wednesday. this as always can make an slow start. Longby thesniper0
Market View 10 Jun 2004: IT Stocks Expected to Dominate Today What happened in Last 48 Hours: On Daily candle, Nifty IT Index's Buy Signal has triggered and Price has gone above the cloud area plotted by Option Scalper (see chart above). Global IT stocks have also performed well on Friday. On Daily Candle, top 3 stocks (out of top 40 stocks in Nifty50) picked by Zeta Stock Scanner are IT stocks. PM Modi has taken oath and the uncertainty over government formation is over. Only worrying thing is, huge Short Positions of FIIs in Index Futures. They hold nearly 42% Short Positions and just 17% long positions now. It is expected that market will follow global cues and IT stocks will perform well, but overall gain in the Index is expected to be moderate until Thursday by when US FED's interest rate decision will be announced. Instead of Index Options, go after individual stocks as they are expected to give better returns than the index. Happy Trading. by jellygill1
NIFTY: "The Last Mile"MPC meeting goes with pause. Statements about last mile to reach 4% remains tough, is clear indications no rush to cut. Despite the cuts in West, one has to keep in mind, the rise in West is not commensurate with the rise here and hence cuts won't follow. The cues will be more towards the East, that remains a stable policy than cuts or hikes for the time being. Increasing the ticket size of bulk deposits, guiding the banks to manage better the asset and liability, regulations towards the SME are all point towards improving or focussing on the system related issues than policy issues, focus on percolation than any new policy. Remains a laggard, while NIFTY gets boost in the form of rotation form IT and Pharma. With metals and bank playing the pause or fall mode and IT and PHARMA taking the other side, it is interesting to see how the price action follows this week. Probably, the allocation of FM portfolio can be the first trigger. Support 49300-48800-48600 Supply 50000-50150-50450by sreebhashyam2
NIFTY: Roaring "Kitty"A week that both bulls and bears would try to ignore but cannot. The news of Retail buying near 21000 C far outweighing the story remains a thing to note. Lots of GTT orders have been hit in that fall, not sure how many were intended if they had time to revise or how many will sell them when the market rise. This is equivalent to one month SIP hence gathers more interest. The ability to take profits when invested on one's own effort is far quicker and thus the same 21000 if not full part can lead to potential profit taking. If it is in the form of SIP, the story is different. Dollar Rally, exit polls in Germany, Political puzzle in UK would keep the Europe on the edge. This is despite the ECB rate cut. The interest and growth differentials clearly pointing to further Dollar Rally than anything else. Relative political stability, expectations about the portfolios can move our market. Bears have lost all they had in the quickest time. The last hope is the recent high, while they need move below 22600-700 to hold some hope that is far off. The small candle in between the two large candle is the trigger for bears, or support for the bulls going forward. The rotation into IT and Pharma would need to be seen, while PHARMA looks more entrenched, IT has its own winds. FMCG is playing the defensive play for now. While the darlings of PSU and the Conglomerates the moves are adhoc. Supports 23220-23180-23130-23080 Supply 23330-23380-22430by sreebhashyam0
COVID Crash Predicted by TA - Price Precedes NewsTA will always predict market crashes ahead of time, even black swans. I am suggesting that charts and some other factors are currently indicating that a market crash is imminent. The news that takes it down is irrelevant, the distribution has already taken place. FOMC could be a potential catalyst this week among other things such as global conflict and bank failures. One of my primary strategies is to use Dow Theory, which has several parts to it. The part I focus on is the idea that stocks move together in trends, they have primary and secondary trends, and some minor ones. The primary trend will always take presence over a secondary or minor one, but that does not mean significant corrections can't be had while in a primary uptrend. Price moves in this way because of accumulation and distribution. If you see a bearish chart patterns on all major indexes and nearly all of the mag 7, you can be pretty sure there may be some downside to come. The more confluence you have the better, stocks move together in trends, so if you can identify those trends and understand them, you can trade accordingly. Dow Theory and similar theories such as Wyckoff distribution have been the cornerstone of every legendary trader of the last 100 years or more. It worked 100 years ago, and it still works today. I don't see many retail traders ever mention this. Sure, they say the trend is your friend and things like that, which I agree with. However, most folks never talk about why the trend is your friend. The reason is because of wholesale stock operators and accumulation and distribution. The market will always function this way, unless there is a complete overhaul of the entire stock market and fundamental changes to everything. Nothing else matters, this is the true reason prices move the way they do. Here's a story I find very helpful for understanding this concept. www.trade2win.com Here's more on Dow Theory: www.investopedia.com And Wyckoff: www.investopedia.com And one more thing, I should mention Jesse Livermore. He is considered to be one of the greatest traders to ever live, and he was a wholesale stock operator. You can read the book based on his experiences throughout his career: www.amazon.comShortby AdvancedPlays1
Short - Power of 3Here is were I will be taking profit today in relation to the longer term idea I had posted with a monthly goal.Shortby RosebudzzUpdated 2
6/9 | $DXYTaking a look at the Daily chart, we have broken out of the bull flag pattern to the upside today. I would like to see continuation into Monday's trading session for this to be a true breakout. Noticing the upside risk, this will translate to me being cautious where indices ( NYSE:ES , SEED_ALEXDRAYM_SHORTINTEREST2:NQ ) could move lower. Important to note that this is not guaranteed, but just a caution.by StonksSociety0
US DOLLAR INDEX The us dollar index opened with a gap. today the us dollar index which was closed at 104.94 opened at 105.5 with 11 point gap. this gap may be an indication that us dollar is going to resume its upward momentum this week which it has started on last Friday. if this momentum continues it will be a fall for xauusd. more clear cut analysis will be posted soon . but please post your comments which will be helpful to understand what the crowd thinks and thus understand market sentiments. LIKE BOOST FOLLOW USLongby realmillionairefx4