GBPUSD Daily Bias (18th Oct. 2024)It's been 3 consecutive weeks of the Cable printing bearish volumes and we anticipate the bears are not tired yet, at least not today.
Looking at the daily TF, we can see the bears just broke out of last week's consolidation on Wednesday and seem to be doing a pullback to clear internal liquidity from the new range it created following the breakout PA.
We've identified Wednesday's high as possible IRL (internal range liquidity) that can sponsor a further move to the downside.
We'll keep our arms folded as we await today's delivery.
GLGT!!!
LloydFx,
Trade Monastery.
Bias
SPX Highest Probability Price Targets & Analysis | Sep 23 - 27new price targets for next week (Sep 23 - 27) using Statistics and Data to drive a 70%+ historical accuracy.
Topics:
- This week's Targets
Overall we use stats and data pulled from a wide array of Tradingview indicators and scripts so that I can have as much data as possible - even if it's unstructured or uncorrelated data. I then use AI and SOP's to systematically calculate a weekly and daily framework. My predictions are never 100% but ALL of them are mathematically proven to be 70%+ accurate historically or I wouldn't use them.
Most indicators I use on my Data Dashboard chart has the stats in their associated boxes that I show during the recording if you'd like to verify yourself.
Please leave me feedback as I am new to creating content and would like to improve.
Personally I use these targets in combination with ICT Concepts to trade.
Nothing I say is Financial Advice - Previous performance does not guarantee future success.
Psychology: Trade Smart - Focus on Facts, Not wishes!See the Truth: Trading Without Bias
Discover the critical importance of objective analysis in trading.
Learn how to avoid emotional biases, stay neutral, and focus on what the market truly shows you. This guide will help you improve your trading strategies and achieve more consistent results.
The Value of an Unbiased BiasHi everyone,
In this video I would like to discuss the value of having an unbiased bias when it comes to your analysis. It’s a dry subject with only a little chart illustrating near the end, but the boring stuff usually tends to be the most important topics when it comes to making it in this industry.
I think most of us are familiar with the word ‘bias’. For those that aren’t, basically, in the context of trading, all it means is being in favour of the market moving either to the upside or downside. Your bias comes by means of your analysis and can be related to any timeframe. For example, I could have a bullish bias on a higher timeframe monthly chart, and a bearish bias for the lower timeframe daily chart.
Now, you don’t HAVE to always have a bias. If you don’t know, then you simple don’t know, and there is nothing wrong with that, it would be unreasonable and nonsensical to think otherwise. But, sometimes your bias is wrong, which leads me to the topic of this video.
I believe even for traders who don’t know how to form a technical bias, do so anyway in the form of psychological bias. Most of the time, we think the market is either going up or down, hence why we would even get into a long or short position. The tricky part is being flexible and changing your bias when the market is indicating you are clearly wrong.
Smart Money knows how we think, and they know how to create sentiment in the marketplace. This is why its crucial to be able to change your bias on a dime, WHEN it is applicable, WHEN your analysis is showing you, and NOT for any other reason. The later you are to the party, the less pips you can catch, and the less likely your trades will win.
As humans, we tend to cling to our beliefs. We block out any evidence indicating that we may be wrong about them. And when the market is showing us that we may be wrong, we just tell ourselves “Well now the market is offering me more pips, I have to get in on this move!”, hence one reason how you get long or short squeezes.
- R2F
The most important chart in your trading career.Merry Christmas to all, I hope you and yours are well.
My present to you this year is the one chart you should ALL be watching. SPX/GOLD
Risk On (Equities), Risk Off (Gold). It will save you a TON of time/headaches, if you follow this chart.
In this video I go over why you should use it. How your portfolio would have been managed the last 50yr, and at the end give a quick method for managing your ratio between Risk On/Off.
As always, good luck in your trading, have fun, and practice solid risk management.
SPY/QQQ Market Bias & Top Stock Watches - 4/17/23 - Neutral ChopBias: Flat open on both indices, support below and above so going in with a pretty neutral bias. leaning towards the bullish side.
Top Watches: Long - TECK, BAC, BTU. Short - RBLX, GOOGL, STT.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/14/23 - Inside(bull)Bias: SPY looks good to go higher if it holds the 412 area. QQQ looking more like an inside day with room to move in either direction
Top Watches: Long - TECK, WFC, BAC, JPM. Short - BA, CTLT.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/13/2023 - Inside dayBias: SPY and QQQ gapping into yesterday’s red bar, could be an inside day. Leaning bearish, room to drop under LoD on both indices.
Top Watches: Long - MRK, DAL, NEM. Short - CTLT, SRPT, FAST.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/12/2023 - BullishBias: SPY gapping over resistance into a void, boosted on positive CPI data. QQQ less bullish with some junk before the void. Will be patient to see if CPI numbers hold up market or if it was just a pop and drop.
Top Watches: Long - MU, PLTR, AFRM, INMD, RBLX. Short - AAL.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/11/2023 - BullishBias: SPY slightly gapping into a void up to 412, should be bullish up to that point. QQQ not as bullish at the moment but a much better void over resistance at 321
Top Watches: Long - MARA, AMC, RIOT. Short - FRO, ADTN, SNOW.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/10/2023 - Inside dayBias: SPY & QQQ has support at low from previous day bar, under that has room to move lower but looks like an inside day at the moment.
Top Watches: Long - PXD, EBS, MU. Short - TSLA, GM, XOM.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/6/2023 - Bear GrindBias: SPY under 406 has room to 404. QQQ more bearish, gapping under yesterdays bar with room to about 305
Top Watches: Long - LW, GILD, XOM. Short - TSLA, AMZN, COST.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/5/2023 - Bear GrindBias: SPY has room to drop under 407 down to 402. QQQ are a bit less bearish with closer support near 315.
Top Watches: Long - PLTR, FDX, GOOGL. Short - SCHW, AMD, PTGX.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/4/2023 - Choppy BullBias: Getting into some resistance near 415 but still have room to move higher. QQQ has a pretty clear void higher
Top Watches: Long - AMZN, ROKU, MRO. Short - AMC, ZIM, NAPA.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 4/3/2023 - Choppy BullBias: A bit extended up, a pull back would not be a surprise but lots of buying pressure so could be a bit choppy.
Top Watches: Long - ISEE, APLS, MPC, EDR. Short - FRO, TRMD.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 3/31/2023 - Bull GrindBias: Gap up over yesterday with room up to ~408. Support at 402.
Top Watches: Long - RUM, SJR, AI, CSCO, MSFT. Short - GNRC
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
SPY/QQQ Market Bias & Top Stock Watches - 3/30/2023 - BullishBias: Gap up over resistance, not super extended, lots of room to run higher
Top Watches: Long - MSFT, NFLX, RIOT, AMZN, ROKU. Short - TRMD
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 3/29/2023 - Bull GrinderBias: Big gap up into resistance so expect a pullback early on but ultimately expecting a bullish move higher
Top Watches: Long - CARR, C, ENVX, MU, INTC. Short - STEM
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 3/28/2023 - Bear ChopBias: Quite a bit of resistance above but not a clear void below, may just chop. QQQ has less support holding it up.
Top Watches: Long - BABA, PARA, MKC. Short - AAPL. COIN, HD.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 3/27/2023 - BullishBias: Bullish, will be watching for a move up to 400 area. 402.5 could be tested and broke today as well.
Top Watches: Long - PINS, TSEM, KEY, MSFT, FB. Short - BLK.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 3/24/2023 - BearishBias: Bearish but support at 390, room to drop under that area
Top Watches: Long - ATVI, INTC, FB. Short - AAL, BAC, C.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 3/23/2023 - Inside BearishBias: Choppy bearish inside day. Support at 392, resistance at 396.
Top Watches: Long - REGN, CPNG, ACN. Short - CHWY, MO SQ
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 3/22/2023 - ChoppYBias: Quiet, choppy morning. FOMC released @2 ET so will most likely be narrow ranged until then
Top Watches: Long - ETNB, OLLI, CVNA. Short - WOOF, LAZR, NKE.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!