Forexpositive
September's Positive Returns for US Dollar Over the Last 6 YearsIntroduction:
Attention, fellow traders! Brace yourselves for an exhilarating opportunity that has consistently delivering positive returns over the past six years. We are talking about none other than the almighty US dollar, which has proven its resilience time and time again. In this article, we will delve into the remarkable performance of the US dollar during September and present a compelling call to action for you to seize this exciting investment opportunity.
The September Phenomenon:
September has emerged as a month of significant potential for the US dollar. A closer look at historical data reveals a remarkable trend, with the greenback consistently delivering positive returns during this period. This pattern has persisted for six consecutive years, making it an enticing prospect for traders seeking reliable investment avenues.
The Power of Consistency:
The US dollar's consistent positive returns in September cannot be overlooked. Many factors have driven this trend, including robust economic growth, increased investor confidence, and a flight to safety amid global uncertainties. By capitalizing on these factors, traders have the opportunity to ride the wave of success that September has consistently offered.
Seizing the Opportunity:
Now that we have established the undeniable potential of the US dollar in September, it's time to act! Don't miss this exciting chance to enhance your portfolio and maximize your returns. Here's a call to action that will set you on the path to success:
1. Research and Analyze: Dive deep into market trends, economic indicators, and geopolitical factors that can impact the US dollar's performance in September. Equip yourself with knowledge to make informed investment decisions.
2. Diversify Your Portfolio: Consider allocating a portion of your investment portfolio into US dollar-denominated assets such as forex, stocks, or bonds. Diversification helps mitigate risks and ensures you are well-positioned to capitalize on potential gains.
3. Consult with Experts: Seek guidance from seasoned traders, financial advisors, or market analysts specializing in currency markets. Their expertise can provide valuable insights and help you navigate the US dollar's performance intricacies during September.
4. Stay Informed: Continuously monitor market developments, economic news, and global events that may impact the US dollar's performance. Be proactive in adjusting your investment strategy to optimize your returns.
Conclusion:
Traders, the US dollar's September phenomenon is a golden opportunity that should not be ignored. With its consistent positive returns over the past six years, this currency can potentially turbocharge your portfolio. Embrace the excitement, conduct thorough research, and take decisive action to invest in the US dollar. By doing so, you position yourself to reap the rewards of September's historical success.
Remember, fortune favors the bold. Embrace this thrilling investment opportunity and unlock the potential of the US dollar in September!
GOLD UPDATE ANALYZE DAILYHello again!
In the global gold index, the price is still in a downtrend and has managed to break its support levels.
It is expected that the price may find support around the identified order block areas.
The necessary and important condition for going long on gold is solely the breaking of the downtrend line.
Gold Trading Idea major level markedVery important points, a short retest from 1962 to 1948 major level. 1948-1950 is buying zone If market give you the predications, rejections candle and confirmations candle then put buy from 1950 to 1948 with proper 50 pips stop loss and take profit will be up to 1962.
If gold breaks the 1948 zone, then trend change and the structure of the market will be changed, and we will wait for the confirmation candles on H1, M30 to put a buy trade, but as per the behavior of the markets, the 1980–1983 zone is a strong Resistance zone, and markets have already tested and given respect to the level. Now wait for the sell confirmations.
Gold trading idea based on supply and demand zone, follow proper setup keep eyes on fundamentals, this is short term trade set up on H4.
XAU/USD - technical analysis - 17.07hello, I would like to keep things as simple and clear as possible without too many stories!
blue zone = demand zone - from where I expect it to grow or at least to have a reaction
purple area - supply area - from where I expect the price to decrease or at least to have a reaction
liquidation point = for the order flow to be respected, the price must take over that point
protected point = if the price touches that point, it is possible to see a trend change
liquidity = the price will take that liquidity (do not transact there)
MARKET STRUCTURE at the finest level
EurUsd -> Triangle Pattern SpottedHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that EurUsd just retested and already started to once again reject a major previous weekly resistance area at the $1.10 level.
You can also see however that weekly market structure is still overall bullish, EurUsd is still creating higher highs and higher lows and we do have a strong bullish trendline coming in at the $1.07 level which could act as support, so I am now just waiting for a retest of this support line before I then do expect another rejection towards the upside.
On the daily timeframe you can see that EurUsd is now actually creating an obvious symmetrical triangle continuation pattern and is currently rejecting the resistance trendline towards the downside so from the current levels I first do expect more downside and then I do expect a rejection away from the support trendline at the $1.075 level.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TELL ME WHAT YOU SEE IN GBP/USDPlease if you found this helpful drop a like and follow, let us discuss it in the comment section.
To me, this trend looks like expanding and also counting the ELLIOT wave inside the trend. We should be looking for a buying opportunity if the price continues holding the particular zone
EUR/USD VIEW IF POSSIBLEPlease if you found this helpful, kindly give me a like, follow and let us discuss it in the comment section.
First lets us wait for the correction to complete in order to get clear direction. The market price needs to test around 1.07839, and 0.07650 to form a clear bullish trend. We have ABCD already, but let us wait for wave E completion. After E wave we should prepare for the next bullish moves.
Goodluck
EurUsd -> Perfectly Playing OutHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that EurUsd just recently perfectly retested and already rejected the quite nice bullish trendline of the weekly parallel rising channel.
You can also see that the next weekly resistance is at the $1.12 level where we previous had strong weekly structure and also a resistance trendline so I simply do expect another push to retest the resistance before I then do expect a short term drop.
On the daily timeframe you can see that after EurUsd perfectly broke above the resistance at the $1.078 level, we had a quite nicely rally towards the upside and EurUsd is now retesting resistance so I am just waiting for a bullish breakout and then I do expect another push higher to retest the next weekly resistance.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
nzdusd sell. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
JPYEUR Falling Wedge PatternIn my opinion, JPYEUR appears to be showing signs of a potential reversal as it forms a falling wedge pattern on the 1-hour timeframe, with the current price finding support at a specific level. The falling wedge pattern typically indicates a bullish reversal, suggesting that the downward momentum may be weakening.
Considering this pattern and support level, traders might consider a potential long position on JPYEUR. However, it's important to manage risk effectively. Setting a stop loss at 0.0066178 can help limit potential losses if the market moves against the anticipated reversal. Additionally, a take profit level of 0.0066721 can be considered as a target to capture potential gains.
Looking forward to read your opinion about it.
GBPUSD - Powerful IMPULSE leg 200pips GBPUSD is showing a really good STRENGTH from last week, right now we are reaching OVERBOUGHT levels but DIRECTION on this trade is still LONG.
#1 ENTRY (Risk Entry, Good Reward) -: Enter LONG only when price pullback to the BASELINE/Automated KEY ZONE.
INVALIDATION
Invalidation on this trade happens only when DXY SHORT play get invalidated (See the DXY idea to check the exact levels)
TARGETS
If LONG gets triggered, exit here will be at PMtH level (Previous Month High).
P.S I trade with literally zero complicated analysis and still maintain 90% HIT RATE on my LIVE TRADES and ideas.
AUD/JPY SELL LOADING UP WATCHFirst, if you find this idea helpful kindly like and leave a comment don't also forget to follow us
AUDJPY is still looking for the final completion of the WAVE X correction before the bearish impulse move will starts. Traders should look for a way to follow the bear moves after the completion of the WAVE X correction and join the WAVE Y to the downside
1,2,3 Confirmation PatternWhat does it consist of?
It consists primarily of 3 candles, and the fourth one is where we will enter the operation. In a bearish scenario the High of 2nd candle must be higher than the high of the 1st candle. The high of the 3er candle must be below the high of the 2nd candle. The 4th candle must re test the point of origin of the 3er candle.
How can you use it?
It is extremely important to complement and use this with a strong idea of where the price is heading. To know where the price will move, we need to understand that it moves towards the most liquid areas. The most liquid areas can be the unfulfilled Daily, Weekly, or Monthly lows and highs.
Where should you place the entry?
You should wait till the 3er candle close and place the entry at the point of origin of the 3er candle.
Where should you place the stop loss?
The stop loss should be above the 3er candle.
Important
I use this technique in D,W and M timeframes. After establishing a bias I look for the pattern. After the 3er candle is complete I move to 1hr or 15minutes to find the point of origin of the 3er candle.Then, I place the order.