Prophetic_Trader

Prophetic_Trader

US stock futures were roughly flat on Wednesday after the S&P 500 hit a record high on Tuesday. we are focused on Fed's Jackson Hole meeting, where its chair Jerome Powell will talk Friday. Powell's speech will be scrutinized for signals about the future path of the Fed's monetary policy.

Prophetic_Trader

Daily Pivots: (S1) 0.8568; (P) 0.8584; (R1) 0.8601; EUR/GBP’s rebound from 0.8448 is in favor to continue as long as 0.8534 support holds, for 0.8668 resistance. Firm break there will be a strong sign of near term bullish reversal at least. On the downside, however, break of 0.8534 will turn bias back to the downside for retesting 0.8448 low instead. In the...

Prophetic_Trader

usdcad has a greater selling pressure, caused by excess supply, we are likely to see a decrease in price. If there is a greater buying pressure, caused by excess demand, we are likely to see an increase in price. keep your eyes on Oil when it keeps on buying sell usdcad and look for an entry @1.25200

Prophetic_Trader

the market needs to test higher lows Global stocks sink after the Fed signals a bond-buying pullback this year, while oil slides for a 6th day

Prophetic_Trader

price consumes unfilled supply and how supply and demand levels can be used to identify likely turning points. On the far left, the supply zone was created after price suddenly sold-off very sharply.

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Prophetic_Trader

if nasdaq reaches a newer high to day i shall never trade it again 14630. count me out its stupid to trade an assert going into one direction i dont have a challenge. any one can trade it an am not just any one

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