Here I won't go into immense details, it's just an overview, once an entry gets close that's when I look in more details to something. Maybe I should do each asset separatly and go in more detail? Maybe later.
My trading goes from daytrading to weektrading, sometimes can take a little longer than 5 days, and I would never go long without some high timeframe support under my feet. Believe me, looking at high timeframes daily to monthly, even yearly is 85% of the game, then looking at 5 min to 4HR TF is only 15%.
1) First, having a look at currencies. I like to look at all the moving averages as that gives us a quick overview.
EURUSD Looking at previous dumps and this is valid for anything, we only go down endlessly when we are below all moving averages. Already posted about this. For example the EURUSD in 2010 2012 & 2014 went down and down until the monthly MA200 was reached and it produced a big bounce. In 2014 however we kept going down (after nice bounce) & only stopped once yearly "consolidation" level was reached. Here:
USDJPY I just avoid it for now
GBPUSD
AUDUSD
USDCAD
USDCHF I am not a financial advisor. GO. LONG.
NZDUSD
2) Second, cryptocurrencies.
For next week here is what we got.
BTCUSD
ETHUSD
LTCUSD
3) Third, Commodities
Gold
Oil All in this idea:
Copper
4) Fourth and finally, indices: Let me start with the S&P 500 to get a global view.
Nasdaq
DAX
FR CAC40
Footsie
EURO INDICE
Note
Looking at EURUSD, in 2014 it dumped sooo much, it went below all supports and there was nothing holding it till maybe 1:1 Well, it bounced on fib, and it bounced hard! XD This is easy.
I think from now on each week end I make a quick overview for each asset 1 for currencies 1 for crypto 1 for NRJ&metals 1 for indices. So I don't have to look at charts and redraw everything everytime...
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