Fundamental & Technical | BTC📉Bitcoin is currently testing a decisive resistance line (Zone 2).
Current existing factors influencing financial markets:
* Decreasing investors confidence
1. The continuance of recession-indicating economic reports
- A recession is expected (lastest FED + inflation rate reports)
2. Further war escalations
- Russia defaulting, economic allies are changing and higher % of GDP devoted in military sector.
3. Political uncertainty
- Boris Johnson resigning(UK)...
4. Natural diseases + disasters
- Covid 3rd/4th waves, extreme hot weather
1. FED Interest Rate decision on to be posted @ 18:00 on 2022-07-27. Current inflation reads at 9.1 (2022-07-13), beating the consensus (expected) inflation (8.8).
There is currently a lot of uncertainty over financial asset valuation. Worse economic statistics than predicted will likely imply our volatile digital assets will drop heavily once the interest rate decision is out(and if its hawkish).
2. Japan warns over Chinese and Russian increasing cooperation (economic & military).
Rising concerns for investors:
- Increasing number of involved countries (alliances)
- Lasting severity of war donations
- Rising war spending (2.5% of total GDP increase in UK)
3. Depending on the UK's new PM outcome, the country's fiscal(tax) policies may be on each extreme.
The candidates:
* Rishi Sunak vowing to increase taxes
* Penny Mordaunt would raise income tax thresholds for basic and middle-income earners. (Lowering tax revenue)
* Foreign Secretary Liz Truss mentions creating ''low tax, low regulation zones''. (Lowering tax rates)
4. Covid + Heat waves
- Extreme heat waves in Europe affecting productivity, trade, currency valuations and etc.
- Currently, Covid waves have a greater impact on LEDCs. Corruption, poor infrastructure, worse weather control(worsening symptoms severity) and fake vaccine passports may all contribute towards this fact.
Thereby, I believe a drop will occur to satisfy the market changes within the zone 2.
Risk/rewards ratio: 3.23
Open Short: 265.75M
Take Profit: 173.17M
Stop Loss: 293.74
Note: the graph is BTC/Gold. I will be posting an explanation for it's utility
Thanks for your time!
San:)
Finance
DAX: Push itIt's not a struggle for the German index! The DAX index used all its willpower to find its way up and pushed all the way to climb above the resistance at 13 970 points. We're currently observing an upwards slope that should steadily move into the pink zone between 14 346 - 14 687 points. As soon as the blue wave completes its movement, the trend should turn into a downwards slope heading to the resistance at 13 970 points. If the DAX can't keep its upwards trend going, there's a 35% chance for the trend to cross the support at 13 036 and drop below 11 829 points into the green zone. We'll keep you posted on whether the DAX can keep up with its hard work or if it slams on the brakes.
swing trading My name is Shavarie. I am a swing trader. Trade forex is what I do on a daily basis. At the age of 15, everything began. I got started in the financial markets because of my love for a wealthy lifestyle.
I wanted to succeed at this game in order to avoid working a 9 to 5 job and living an average existence. When I was a child, my mom worked hard nearly all of the time. She was typically exhausted from all the stress at work when she arrived home.
I therefore made the decision to choose a life of my own choosing at a very young age. My primary drive was this. Undoubtedly, I too had worldly aspirations.
The most significant one was genuinely living life on my own terms. I struggled a lot in school because I had an issue with my school average performance. I had no choice than to run my own business. But given your youth, lack of company management training, and limited funding, how could you possibly pull that off? After doing a little bit of research, I discovered forex trading. I loved the concept of making my money work for me, so I was determined to become an expert in this area. I can now declare that I have perfected this technique after 3 years. I traded for a living and lived an independent life. Freedom for me is the ability to do what I want every day.
It wasn't always that way. Numerous attempts failed, particularly in the first two years. While I was working at shady jobs, I blew up a few accounts. I wanted it so bad that I invested almost all of my side-hustle income into my trading account. This was one of my main issues back then, as I now realize. I was desperate for it. I wasn't actually trading since every time I suffered a loss, I wanted to recover it as quickly as possible. Most of the time, I was just gambling, and I always felt bad after a trade went wrong.The emotions were like being on a turbulence .Regardless of how much it was a struggle sometimes.
The thrill of trading was incredibly fun for me. I was motivated by the concept of using my money to work for me. I created techniques and put many of them to the test in an effort to master this skill set. I learned that there are numerous strategies for continuously making money in the markets, but most traders fall short in these two areas. Money management and attitude. I was aware that in order to succeed, I would have to become an expert in these two areas. And I carried it out in that manner.
Currently, other traders who want to succeed in this industry are using my knowledge. I'm not a financial advisor, but a reasonably skilled trader who knows how to master a trading skill set . When playing this game, consistency is crucial.
I can teach you everything you need to know to become a consistently winning trader who dominates the market because I have the knowledge and experience.
The 7 Levels of Financial Freedom
Hey traders,
In this article, we will discuss the ladder of financial independence.
Level 1 - Solvency
You cover your debts and living expenses with your income.
Being solvent is considered to be shaky states. Once you stop earning for any sake of a reason, you immediately become in debt.
Level 2 - Stability
Besides being able to cover your living expenses and debts, you also have an emergency savings.
The emergency savings usually cover 1-2 months of your basic expenses, making your state more sustainable.
Level 3 - Debt Freedom
You are free of debts and that lets you start investing and save even more.
It is the transitional level in our ladder from unstable to a secure state.
Level 4 - Security
Your investments cover your basics expenses.
While you keep earning, the money that you invested start bringing more money fortifying your state.
Level 5 - Flexibility
While your investments are still not sufficient to cover all your costs of living, it fully compensates 1-year costs of your basic expenses.
Level 6 - Independence
Your investments cover all your living costs, letting you live wherever you want and spend on luxuries.
Level 7 - Abundance
Money is no more a concern to you. You have more than you and your children will even need.
The understanding of the level where you are is crucially important for building your investment strategy.
Keep working and learning to constantly climb the stairs and grow your wealth.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Nio (NIO) | Attractive $10 vol.2Hi,
Technically speaking not the best criteria but not so bad either so I would like to share it as an idea. Combine fundamental analysis with technical, fundamental is your own thing but some technical viewpoints are:
1. The round number $10
2. Gap fill from 2020 June
3. Fibo Extension
4. Previously worked resistance level
Do your fundamentals, it should be a strong one because be ready to grab it from lower prices as well but to start building NIO positions it looks correct spot, at least technically speaking.
Good luck,
Vaido
Dollar final element of daily supportDXY D1 - Really want to try and grab some short entries on these ***USD pairs soon, as we approach this 110 whole number on DXY we are sat at 1.10 on EURUSD and breaching 1.15 at the moment on cable. Plenty of time left to stablise. London open volume can often be deceiving, pump before the dump essentially. Not jumping into anything until we start to see some slow down, but definitely have tpairs on our radar.
EURJPY H4 - Short SignalEURJPY H4 - Different brokers are showing different closes on this H4 resistance price of 147. Other brokers are showing this 147 handle as a triple top on the H4 with the exception of this spike upside on the 21st October (last Friday). I'd like to think this pair and the YEN is oversold, hoping for some short term gains from the YEN.
EURJPY D1 - Short SignalEURJPY D1 - Daily timeframe analysis here following yesterdays daily close which failed to breach and set new highs. Strong bullish daily candle, but hoping for a rejection candle here to take price back down towards that 144 handle, healthy 300 pip range possible due to unfold.
XAUUSD Bearish biasHello dear traders,
I think gold will continue forming lower lows on its way to the weekly demand zone of 1590-1570 area.
I have draw paths of possible impulse as break and retest areas.
For bullish reversal, I want to see a clear break of 1660 zone with price action retest.
Dollar is getting stronger and stronger with this solid and aggressive FED policy and the continuous rising yields.
However, the global economy is not at the normal levels, so this USD strength might get exhausted after December.
You can share your ideas on the comments!!!
Good luck!
COMPUTER AGE MNGT SER LTDCAMS is forming a good pattern, there is a good accumulation happening at current levels.
CAMS is Bearish Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Finance
Industry: Regional Banks
FINANCE seems to have some serious issues!!!17700 is a strong number for CNXFINANCE!
For the first time, it has broken above 200EMA in 15m TF!
Sustainance is the question!
IMO, it might be a fakeout!
Volumes are low!
VIX is too high!
Therefore, I'll take the privilage to go short here!
Will be selling calls to grab the premium!
Keeping a sl at 17770!
Enefit Green (EGR1T)| Technically an Area From Where To Load It.Hi,
One of the most popular stocks from Nasdaq Baltic, Enefit Green, has reached technically an area from where you might want to start building your positions as a long-term investment. Quite stormy and messy times and quite uncomfortable to buy something but in investing, what is comfortable is rarely profitable!
Technical criteria:
1. Strong horizontal price zone
2. Trendline third touch
3. Minor downwards trendline possible retest
4. Short-term channel protection
5. Short-term equal waves from the top
6. Daily EMA 200
Do your own research about fundamentals and if its matches with my TA you are ready to go.
Regards,
Vaido
The Ticking Time Bomb - Debt MarketsIf you ask 90% of people what drives stock prices, most of them will say things like “earnings, PE ratios, forward guidance.” The reality is that none of these things matter today.
image.png
In today's market, factors such as earnings, PE ratios, and forward guidance play almost NO ROLE in the price action of a company's stock. The number one driver of stock prices is the price action taking place in the debt market. In fact, the stock market as a whole derives its value from action in the debt market – meaning that the stock market is a derivative of the debt market itself.image.png
To drive this point home, let's look at what central banks have been doing since the 2008 financial meltdown. They've been artificially suppressing interest rates, and it's worked really well in inflating another huge stock and real estate bubble. Low interest rates that are artificially suppressed by central banks create an environment of risk, as cash is forced into riskier assets such as stocks. This also drives up the price of real estate. In addition, this suppression of rates has robbed savers of trillions of dollars in wealth by keeping savings rates below the actual rate of inflation.
The global inflation and freefalling economy today are a direct result of central banks artificially suppressing rates for years following the last major meltdown.
Central banks are responsible for the global financial and economic systems, both of which are inextricably connected. Moreover, central banks working in concert are deliberately driving the world right into a financial/economic crisis of truly epic proportions.
image.png
Central banks have been deliberately and meticulously working to hyperinflate a global debt bubble. Cracks in this bubble are now beginning to show, particularly in the form of rapidly rising global bond yields. This in turn is putting pressure on global stock prices. It is only a matter of time before an extreme sell-off in the debt market occurs.image.png
But a stock market crash- even one of this size- is the smallest issue. The real problem is a worldwide financial system shutdown, which means ALL TRANSACTIONS STOP. There would be no cash available from banks, credit cards and ATM cards would be unusable, no lending, everything would come to a halt.image.png
Do not be mistaken, central banks are working intentionally towards this inescapable end of the current system(s) only to usher in a new system that they have much more control over where, when and how much of their product Central Bank Currencies ie: ( USD, CAD, AXY, JXY, BXY) you can spend.
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BITCOIN CORRECTION IS ON THE WAY !!!Hi lads. hope you guys are having a great time.
So, as you can see, btc had a massive pump last day. pumped from 19.2k levels up to 21.6k. I predicted the pump in my previous analysis and i was right about it.
But what about now ? i think btc will face a minor correction. this correction could happen from two possible levels.
level 1 : 21.6k
level 2 : 22.1k
BTC can start a correction from one of the areas mentioned above. also i think btc can dump down to 20.5k levels. 20.5k level is a crucial levels for bulls to hold. Any strong buy volume from that area, will lead btc above 23k with in a few waves.
Overall, i am bullish on bitcoin. i think bitcoin will go above 25k soon. but first multiple corrections must happen.
I will post updates on btc.
Dont forget to follow me and also dont forget to like my idea. i would help me a lot.
cheers :)
BTC started the bullish move as i expected !!Hi lads. how are you guys doing ?
So, as you can see, btc pumped above 20k levels after we touched 18.5k level. In my last analysis i predicted a crash to 19.3 - 19k levels and we saw that price lowered to those area as well.
Now im expecting the continuation of the current upward move. there will be some corrections to the downside on the way as usual but the whole scenario is bullish. i think btc will reach these levels : 22k - 24k - 27k. I think btc will see those targets before any lower low happens. i think the lower low (LL) would be around 13k and 15k.
dont forget to like my analysis cuz i will help me a lot :)
love you all :)
This is the chart that I use to trade the NASDAQ100 CFDs.I use hourly range charts to analyse the distribution of the market. Range charts make it easier to see the extremes in the chart. I also look at the time and the range of the hour. Statistically, 61.8% time market should range. Also, the market should stay in the same range 61.8% until the next day or session.
Draw your volume profile.
Mark the time of the day.
Price moves away from the mean as well as moves toward the mean. That is the characteristic of a normal distribution.