EURAUD- 240 MINS CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Fxsetups
SPX500 about to fall! Good FX-Trades incoming!Hey Tradomaniacs,
Here two key-notes that shows a divergence of the ECB and FED:
1️⃣ Very hawkish FED
"The market now sees a strong chance of the Federal Reserve starting its monetary policy tightening with a 50 basis point hike in March, especially after St. Louis Fed President James Bullard stated that he has become "dramatically" more hawkish. He added that he now wants a full percentage point of interest rate hikes over the next three U.S. central bank policy meetings."
2️⃣ Very cautious ECB
"European Central Bank President Christine Lagarde warned on Thursday that tightening monetary policy too quickly could harm the eurozone’s economic recovery, warning that the Eurozone can’t be compared to other major regions."
Read the article 👉 www.investing.com
Just in this post we can see clearly find nice opportunities as the euro is likely to fall while the Us-Dollar should continue its rally from yesterday.
Look at SPX500 and the fakeout 👉
You remember this chart? The rumors by JP Morgan have caused a rally.
One concern I have is that short-term-yields are currently stronger than long-term-yields. As long as these moves are not too extended we won`t see inverted yield-curves but as soon as that happens the markt could expect the FED to overthink its current plans as an inverted yield-curve is a sign for a recession. (I`ve explained why and how thats a problem for banks)
However, we finally might get good moves after this choppy week since we have seen the important inflation-data. 👌