HELLO WAVES, WE NEED TO SPEAK SHORTLY 60MINHello Waves, We have some unfinished business- Padawan-
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Futurestrading
How I Trade A 2-Way Market In The E-mini S&P 500 FuturesI see a lot of talk on whether the S&P is in a bull or bear market and IMHO, neither the bulls or the bears have control right now. I think this is a 2-way tape frustrating a lot of bulls and bears. In this video I share my simple process for assessing how we are in a 2-way market, not a bull or bear market and how I am using Anchored VWAP's to keep me out of trading the middle and keep me trading the edges. As of right now I am looking at 4375 to get tested in the coming day(s) where I will look to establish a long position. If that holds I will look for a retest of 4444.50 and potentially a rally up to 4526. A daily close below 4375 I would be out of my longs and then I think that the bears have a chance to take control of the market.
Past performance is not indicative of future results. Derivatives trading is not suitable for all investors.
Nifty50 Short Term Analysis 13/04/2022Nifty is moving in a rangebound triangle. There would be a good move on any of the sides once it breaks the triangle/trendline on the upside or downside.
If it breaks on the upside we can expect a rally and if it breaks on the downside we can expect a breakdown. Until then we can expect consolidation within range.
NASDAQ-100 breaking the 14,000. Growth Stalking.We’ve been heavily focused on the NASDAQ-100 (aka NDX and QQQ) as the 200 day moving average continued to dominate price action - despite pundits on television speaking that venom on how “growth and tech were recessionary resistant!” It is amazing what these people can get away with on television and how their words are held tightly by many bystanders looking for direction.
We’ve been calling for economic weakness on our Facebook page surrounding the balance sheet (before it was a hot topic in the news), M2 Money Flow, Housing, etc. Feel free to check it out -> just click the link at the bottom or go to my profit page.
Back to the Futures…. We’ve been eyeballing the lows of March 15th as a potential target. Now that is not to say we can have a few days of upward impulse movement, or the Inflation figures coming out tomorrow are somehow seen as weaker than expected and the markets get a ‘relief rally’ back above the 50 day moving averages. Stay cautious of any intraday changes for short term opportunities.
Keep track of the levels through annotations on your charts and please feel free to check out some of our videos. Follow me on TradingView for any new and updated posts and to any videos in the external links below (or in my profile).
Bearish sentiment continues until there is a change in complexion. Remember if we have a bullish day that doesn't change the bigger picture. Patience and Discipline to live to trade tomorrow.
GOOD LUCK Everyone and THANK YOU for your time in reviewing this post, my others posts, etc.
AGAIN... Keep a mental note of those levels; especially if there is a bullish relief that may catch many off guard and keep in mind the holistic view is bearish. But, that doesn't mean you won't have opportunities in the short term in either direction, regardless of the overall major sentiment and trend.
$DAX to target 13500$DAX is testing 14000. A break below 14000 is needed for the downside reversal of the recent short-term upside trend and a continuation of the downtrend that has been triggered by a rejection from 16500. This would be the beginning of the second impulsive downside wave which should be the most violent and would lead to a break below the recent low.
ANT/USDT==============
ANT/USDT
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Entry Points :
E1 : 5.620
E2 : 4.875
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Targets :
T1 : 5.940
T2 : 6.260
T3 : 6.645
T4 : 6.995
T5 : 7.380
T6 : 7.860
T7 : 8.350
T8 : 8.985
T9 : 9.725
T10:10.390
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Stop Lose : 4.200
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Btc1! Daily CME GAP Analysis Update🟢#BTC Update
Price currently in consolidation phase with frequent liquidity grabs and stop hunts. We also had BTC filling a CME gap earlier which is a good sign for expecting a move upwards, we have also successfully reed D1 200 EMA which is a good sign as well since a re is very important for market to gain back momentum.
Weekly closure will clear out things further and we can possibly expect a move sooner, where breaking through and holding above our first resistance at $47300 approximately will be a bullish sign.
Analyzed by Hossein
📅 04.04.2022
⚠️ (DYOR)
Corn: Fish Hook Buy Signalthe March 29 candle created a bearish trap, with a false breakout
the close of the day gave a bullish hammer closed above 650
yesterday was confirmation of the Fish Hook bullish signal
long entry with only 0.30%
the signal is clear, but the figure is late, I would have preferred to see it earlier, and above all it is an isolated small daily pattern not supported by weekly pattern
MBL/USDT ==============
MBL/USDT
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Entry Points :
E1 : 0.012920
E2 : 0.011830
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Targets :
T1 : 0.013720
T2 : 0.014650
T3 : 0.015795
T4 : 0.016875
T5 : 0.018270
T6 : 0.019870
T7 : 0.021780
T8 : 0.024170
T9 : 0.027330
T10:0.031000
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Stop Lose : 0.010800
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Decline of the US Dollar Means Commodities Will Continue To RoarThe pound sterling, the United Kingdom’s foreign currency instrument, was the global reserve currency in the 19th century and the first half of the 20th century. For decades, the US dollar has been the world’s reserve currency, which became official in 1944 after a delegation from forty-four allied countries decided that the world’s currencies would no longer be linked to gold but pegged to the US dollar, which was linked to gold. The Bretton Woods Agreement established the authority of central banks to maintain fixed exchange rates between their foreign exchange instruments and the US dollar. In turn, the US would redeem US dollars for gold on demand. The redemption option ended in 1971 when President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value.
The dollar’s link to commodities
Three factors that will continue to weigh on the dollar’s global role
Expect higher base prices for commodities
Long-term trends are very bullish
Buying dips is likely to be the optimal approach
For seventy-eight years, since the end of World War II, the US dollar has been the king of the currencies. On December 27, 1945, the participating countries signed the Bretton Woods Agreement. On August 15, 1971, President Nixon abandoned the gold standard. On February 4, 2022, a handshake on a “no-limits” support agreement between Chinese President Xi and Russian President Putin may go down in history as the beginning of the end of the US dollar as the leading world reserve currency. The watershed event could have far-reaching consequences for markets across all asset classes. Commodities are global assets. The end of the dollar’s reign as the monarch of money will likely lift raw material prices in dollar terms in the coming years.
The dollar’s link to commodities
As the world’s reserve currency, the dollar has been the leading global pricing mechanism for most commodities. Over the past decades, a rising dollar often weighed on commodity prices as the essentials became more expensive in other currency terms. A weak dollar encouraged buying as prices fell in different foreign exchange instruments.
While the US is the world’s leading economy, the population at around 333 million is only 4.2% of the total number of people on our planet. Therefore, the dollar’s link to commodities is financially based on the US position in the global financial markets and not on the supply and demand equations for the raw materials.
If the dollar’s role in the world declines, its link to commodity prices will diminish.
Three factors that will continue to weigh on the dollar’s global role
King dollar is facing a challenge in 2022 as world economic and political events threaten its dominance. The US dollar faces at least three issues that continue to erode its purchasing power and role in the global economy:
Inflation - The February US CPI and PPI data pointed to the highest inflation in over four decades. The March data will be even worse. The Fed began increasing short-term interest rates but remains far behind the inflationary curve. Rising inflation erodes the US dollar’s purchasing power.
Geopolitical tensions - The war in Ukraine and China’s support for Russia has dramatically changed the geopolitical landscape. In the leadup to the expansionary move, Russia reduced its US dollar reserves, increasing holdings in euros and gold. Sanctions on Russia will likely cause China to follow the same course. China is the world’s second-leading economy, and Russia is a leading commodity-producing country. As China and Russia move away from using the US currency as a reserve currency, the dollar’s global role will decline. Geopolitical tensions have accelerated the descent.
The decline of fiat currencies - The rise of cryptocurrencies is a sign of the fall of fiat currencies. Cryptos derive value from bids and offers for the currencies in an open and transparent market that transcends borders. Fiat currencies derive value from the full faith and credit in the governments that issue the legal tender. Meanwhile, rising commodity prices signify the decline in the dollar’s purchasing power.
The dollar index measures the US currency against other world currencies, but it is a bit of a mirage as when all fiat currencies lose value, it is not apparent. The dollar index measures the US currency against other world reserve currencies, including the euro, yen, pound, Canadian dollar, Swedish krona, and Swiss franc. The most significant weighting, at 57.6%, is against the euro currency. The dollar may be moving higher against the basket of currencies, but that does not mean that all of them, including the dollar, are losing value.
Expect higher base prices for commodities
The decline of the dollar and all fiat currencies makes purchasing power drop and commodity prices rise. Therefore, a strong dollar index has not weighed on many commodity prices over the past year.
The weekly chart shows that the dollar index has rallied, making higher lows and higher highs since early 2021. Over that period, most commodities have risen to multi-year and all-time highs. The strength of the dollar did nothing to restrain increasing raw material prices.
Meanwhile, higher US interest rates increase the cost of carrying commodity inventories and boost the US dollar’s value against other currencies.
The weekly chart of the US 30-Year Treasury bond futures shows the pattern of lower highs and lower lows, pushing long-term interest rates higher.
The bottom line is that a rising dollar and increasing US interest rates have not stopped commodity prices from rallying since early 2021.
Higher interest rates, rising inflation, geopolitical turmoil leading to supply chain issues, and sanctions that interfere with many raw materials supply and demand equations mean that production costs are rising. The base prices for raw materials are moving higher.
Long-term trends are very bullish
Bull markets rarely move in straight lines, and since commodities are highly volatile assets, corrections can be brutal. However, the long-term charts in four leading commodities, copper, crude oil, corn, and gold, display the same bullish patterns.
The quarterly chart of COMEX copper futures shows the bullish pattern over the past two decades.
The highly political crude oil market displays the path of least resistance of the price is higher. US energy policy and geopolitical turmoil have only exacerbated the upward trajectory of the energy commodity since April 2020.
Corn’s price path has been higher, making higher highs and higher lows for decades.
Gold’s bull market dates back over two decades. Gold may be the best example of the decline in fiat currency values as it is a hybrid between a commodity and a foreign exchange instrument.
Many other commodities display the same long-term trends. The recent strength in the US dollar means that commodity prices in other currencies have followed even more bullish price paths over the past year.
Buying dips is likely to be the optimal approach
The trend is always your best friend in markets. While short-term and medium-term traders follow technicals that depend on the market’s sentiment, long-term trends are a function of macro and microeconomic factors. The decline of fiat currency values continues to push commodity prices higher.
Over the past decades, price corrections have been long-term buying opportunities in the commodities asset class. The economic and geopolitical landscapes point to a continuation of the trend. Buying on price weakness has offered optimal results. Even if the US dollar index continues to rise, it will not mean the currency is strong. The foreign exchange market is a mirage that only measures one fiat currency’s value against another. Commodity prices are the actual value indicator, and the long-term trends reveal that currencies are all losing purchasing power.
We remain bullish on commodities. However, the higher the prices, the more vicious the corrections will become. Buying when they look the worse could be the best course of action over the coming months and years.
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Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and options trading. Any investment involves substantial risks, including, but not limited to, pricing volatility , inadequate liquidity, and the potential complete loss of principal. This article does not in any way constitute an offer or solicitation of an offer to buy or sell any investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.