Get started

Fundamentalstrategy

What 3 Events Will Traders Be Watching This Week? 24-29 JanWhat 3 Events Will Traders Be Watching This Week? 24 Jan – 29 Jan, 2022 Tuesday, January 25: NAB Business Confidence NAB Business Confidence from Australia hits the market early afternoon on Tuesday. The Index may rebound after November’s sharp drop, where it fell to 12 points from 20 points in the previous report. Several factors have recently occurred that may impart a great deal of positivity in Australia’s business community. Perhaps the most impactful event is the loosening of monetary policy in Australia’s largest trading partner, China. There is room for further loosening in China’s loan rates and the expectation that the People’s Bank of China will use it over the coming months to help prop up slowing economic activity. Australia should be a benefactor of such policy and improve Chinese economic activity. As such, perhaps we will see some positive follow-through in the AUDUSD, which is currently trading at 0.71746, down 1.4% YTD. Thursday, January 27: BoC Interest Rate Decision Fed Interest Rate Decision Two significant interest rates decisions are being served up on Thursday. First is the Bank of Canada (BoC) Interest Rate Decision, due at 4 NZDT in the morning. The BoC is dealing with 30-year-high inflation (4.8% YoY to December) yet may be hesitant to raise rates sooner than March. It could be that the Bank is waiting for the British Columbian floods and the spread of Omicron to subdue until initiating its first rate hike. However, the market may have already partially priced in a 25 basis point rate hike that could leave the CAD vulnerable if the BoC doesn’t deliver what is expected on Thursday. The second interest rate decision is due from the US Federal Reserve on Thursday at 8:00 am. I’m sure most of us will be watching the ensuing volatility in the USD, after Jerome Powell and his team’s announcement. The USDJPY and the NZDUSD may be some of the biggest movers on this day, with the USD seeking to claw back some of the recent losses against the former and further appreciating against the latter. While an interest rate hike is not likely on Thursday, investors will want to see if the Fed will move up its rate hike schedule. As it stands, the market is expecting a March rate hike, the first of many that the Fed will have to enact to combat the 40-year-high inflation in the US.
by BlackBull_Markets
$CL strong setup for bullish move.$CL strong setup or bullish continuation. consumer stocks are trading higher yesterday amid a possible rotation out of tech stock names. and also for economic reopening. Buy calls above yesterday highs. 82.42 buy puts below 80.76 Hello Guys, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NYSE:CLLong
by CHRIS_B58
How to trade fundamentals (AUDUSD BUYS)Hey traders! A common question I get is, do I trade fundamentals?? -From my experience it is to hard to trade off the back of data releases as the moves are to quick to happen and usually get very messy... -Fundamentals I believe just help push a currency in the right direction as technicals give us the entry points to catch these moves -For me its a rule to always have my stop-loss at breakeven when trading around the times of any news event or data release. -It is important that we always know when a big event or release is coming out to cover any trades we currently have running or are about to open, price can move so quick and cause slippage on accounts especially if you are over leveraged. -So the answer is I do and I don't trade fundaments, the aim of the game for me is to already be in a position with stops at breakeven to catch the bigger move but also protecting my account at the same time, at the end of the day we never know what's going to happen and price can do some wild things... ......... fundamentals overall control the market but technicals provide us with the entry points and create market structure.........
Education
by jamison_fx
14
IMX-USDT fundamentals behind the ticker (PLEASE READ)Hello, thank you for coming today 🙂 Short Technical Analysis: Warning ❗❗❗ Stochastic is currently extremely overclocked on 4hr view. Picture is more for fun, this post is to explain fundamentals of this project/token. The price action has led to a surge in demand as IMX pushes up towards ATH. You might want to keep an eye on this one. It pulled another 20 percent in the first 4 hours of the day today. ⚡I will try to keep this post updated with more accurate TA as we go on. ⚡Note that this is more a fundamental/Hodl approach and it is possible that we see a correction in the price before more bullish activity. ⚡Invest at your own risk. ⚡See post in link where I went in depth into explaining why this project would explode before it happened Fundamental dive: 👋💭💭💭 This chart is a little wild👽 so let me explain.⏬⏬⏬ Starkware technology partnered with Immutable creating IMX. NOTE📌 that Immutable used to be called Gods Unchained, once the devs(developers) of the game started to branch off with Starkware to create more utility for their name in the metaverse, they rebranded to be considered Immutable, which entails much more than just the Game Gods Unchained as of late. The fact that these two big names came together to birth Immutable X 👶, is surely being reflected in the price, as you can see above.📈 So now that we know how Immutable X was created, let's get more into what it entails.😀 Immutable X (IMX) is a layer 2 scaling solution built on top of Ethereum. Created to be an NFT marketplace 🎴🕹🖼 by Immutable, (also the company behind God's Unchained,) Immutable X utilizes zk rollups or 'zero knowledge proofs,` to reduce the gas frees that we've all learned to dread on Ethereum. 📌NOTE⚛📝📌 Immutable X can perform up to 9,000 transactions per second through the use of it's zero knowledge proof rollup system. This easy way to verify transactions on the Immutable X also means there are no gas fees 🤞🚗 The marketplace (Immutable X) first held only God's Unchained cards, now some pretty big names such as Tik Tok use it to sell their influencers NFT's. More yet, Disney, Marvel and the ESL are now building on Immutable X. Coinbase itself is invested in the project and this information is stated on their website. The beautiful thing is that anyone can utilize the API⏩ (software that connects applications) and build on IMX if they decide to. The games Guild of Guardians and Illuvium are being made to compete with AXS ( Axis) and will be building on IMX. An important note is the Coinlist FUD The people that bought IMX presale through Coinlist, didn't get their tokens until the 9th of this month, despite the coin coming out on the 5th. You can see how the chart dumped from previous mentioned point A to point B, but in reality it was just psychological.👌 Furthermore, a substantial amount of IMX was actually airdropped to the holders of God's Unchained cards. Priority in the pre-sale was also given to early supporters of Gods Unchained (explained in depth in previous post.) Tik Tok influencers are starting to talk about IMX. The Crypto Stache was asked on Around the Blockchain days ago what his most bullish pick was for the week a few days prior and he responded IMX. The man was dead A💲💲 accurate.. 💫💫💫 As we know, Bitcoin fell recently from ATH and the market bled, simultaneously, IMX pulled 40 percent gains and it looks like it's only just begun. It's not too far out to imagine Coinbase mafia listing their partner in the future🕞🕖. It got listed on 8 exchanges one day, including FTX which is pretty dang impressive⭐🔥. The easiest way to buy in U.S is probably SushiSwap . It seemed pretty suspect when they decided instead of airdropping IMX to the U.S, they gave two options: A.The amount of IMX you would have been airdropped, but in USDC at ten cents per coin like the first presale price. B USDC reflecting the average price of IMX every day for thirty days. Safe to say some people are actually crying themselves to sleep right now because basic math is hard for them and they chose option A .🤣 If you'd like to learn more I strongly recommend you hit up Immutable X discord and go to degenerate price talk. There's a lot of speculation going on in this one right now. So much that they decided to create this channel (degenerate price talk) for us to discuss price and for some people to FUD their brains out. Not seeming to work so well for the fudders post launch, they are looking pretty wrecked atm. Unfortunately there were noobs that listened to some of these fudders and thought the coinlist release would push the price sub 2 and even 1 dollar. The equivalent to taking advice from some of the trolls on TV basically. Keep an eye on this one guys because anything could happen here. IMO the FOMO has only just begun and the Tik Tok influencers such as Gary V, are and will continue to be telling all their followers about IMX, which will in turn leave them hungry to get into crypto, in conjunction with the headlines they have been seeing everywhere during this bull-run about how cryptos gone mainstream. I'm letting all these big players do the lifting for me at this point because this one is only just started to go off and everyone is going to be talking about it soon, they don't even know it yet🐶. 🛑🛑🛑🛑🛑This is not financial advice🛑🛑🛑🛑🛑 I always recommend looking at multiple charts when making a big investment Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you so much Jazerbay ☯
Long
by jazerbay
15
Gold Pullback on NFP NewsThe sentiment has been to sell USD as we start the new month in the fx market. Fundamentals haven't favored the dollar as covid numbers continue to rise and Non-farm Employment change has been disappointing. I see an opportunity for Gold to continue its trend upwards from August as we hit a slight resistance level at $1815.00. A price pullback may be just what the bulls need to steer past this area and upwards to the $1830 liquidity zone. Buy XAUUSD 1796.78 SL 1788.50 TP1 1823.415 TP2 1830.150 Here are the confluence details as follows: 1. $1800 is a known monthly level and key liquidity zone for prices to bounce time and time again. 2. A pullback into this area will form a HL into previous structural highs, a great opportunity to enter the market. 3. H4 0.618 fib retracement level 1796.78 right below monthly level to further build confluence case 4. NFP new coming in a couple of hours which generally favours the USD and solid volatility for prices to hit this level 5. Finally need some sort of price action signal or momentum change in order to enter the trade Note: Risk only 1-2% on any given trade. Happy NFP Trading.
OANDA:XAUUSDLong
by Altconomist
$WKHS EV Vehicles and Drones Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
NASDAQ:WKHSLong
by UnknownUnicorn19246015
$UAVS AgEagle Aerial Systems, Inc. designs, develops, produces, distributes, and supports unmanned aerial vehicles for the precision agriculture industry in the United States and internationally. It offers FarmLens, a subscription based cloud analytics service that processes data collected with a drone for use by farmers and agronomists; HempOverview, a software-as-a-solution web- and map-based technology platform to support the operations of domestic industrial hemp programs for state and tribal nation departments of agriculture, growers, and processors; and ParkView, a proprietary aerial imagery and data analytics platform for assessing and supporting sustainability initiatives involving municipal, state, and federal public parks and recreation areas. The company was founded in 2010 and is headquartered in Wichita, Kansas.
AMEX:UAVSLong
by UnknownUnicorn19246015
$FAMI Gann Wave Farmmi, Inc., together with its subsidiaries, processes and sells agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers shiitake and Mu Er mushrooms; and other edible fungi products, including bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondosa, coprinus comatus, and hericium erinaceus. It also operates Farmmi Jicai, an online store that sells edible fungi products under Forasen and Farmmi Liangpin brands. The company offers its products to restaurants, cafeterias, and local specialty stores, as well as through distributors. Farmmi, Inc. was founded in 2015 and is headquartered in Lishui, China.
NASDAQ:FAMILong
by UnknownUnicorn19246015