Trading plan and review of Key Levels for major marketsReview of the key levels in the major markets as the US continues to edge lower. CPI release spooked the market and saw the DOW futures dump 500 points ahead of the stock market open. Prices did bounce back into the open...in a strange sign of strength...before dumping again into the close. This created a fear based market as traders focus on inflation and a more aggressive US Fed on interest rate rises. USD re-adjusted higher and FX crosses (with the USD) moved lower.
BITCOIN, ETHEREUM and crypto holders may come under margin pressure if the BTC and ETH rout continues. BTC needs to push back above the $30K zone to gather some confidence.
Key theme is around the USD and whether it continues higher above 104 (USD Index) or we see some dollar weakness creep in. Expecting that many traders were caught off guard and will reposition higher.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
Indextrading
Trading plan and review of Key Levels for major marketsReview of the key levels in the major markets as the US continues to edge lower. Major market indexes remain bias down for now. USD remains high while Oil , Gold and Cryptos take a beating. I still expect that there may be a major unwind of margin as traders get themselves in trouble and are forced to reduce risk.
Key theme is around the USD and whether it continues higher above 104 (USD Index) or we seems some dollar weakness...will depend on the US CPI Date release ahead of the coming US session.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
US100 to go upWelcome back Traders, Investors, and Community!
NDQ |We Can See NDQ Testing 13500.00
Most likely during this week, we can see the price move to the upside
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you
Review as US shares meltdown dragging crypto, Oil and Gold lowerReview of the key levels in the major markets as the US continues to melt down dragging others along with it. USD remains high while Oil, Gold and Cryptos take a beating. We may be seeing a major unwind of margin as traders get themselves in trouble and are forced to reduce risk.
Key theme is around the USD and whether it continues higher above 104 (USD Index) or we seems some dollar weakness.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
Dow starting to set up a floor?Hi, trading view community. Looking at the Dow Jones on the daily chart, we’re starting to see a floor being set up by buyers from 32,485. This level sits in a deeper area of demand that’s been in play since February 22nd. After a volatile week of trade, could we see buyer confidence come back into the market today?
We want to see price hold above 32,485. A close below that level maintains seller drive, with indicators like the EMA and CCI still pointing to bearish conditions. But if we can see price continue to trade above that level, could the number be with buyers at the moment?
Currently, the YM is 0.77% lower at 32,558
Trading plan and levels to watch on key marketsReview of the key levels in the major markets ahead of the new week.
Key theme is around the USD and whether it continues higher above 104 (USD Index) or we seems some dollar weakness.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
harmonics showing daily bounce attemptid call it 68/32 that we have a daily bounce attempt if we hold these lows. id look for a lower weekly high, and some additional bearish activity going into this week.
weve had a good rundown toward support that did break lower on the real body of futures and cause momentum toward backwardation. 5-6 weeks of red usually calls for a countertrend rally and elliott wave scenario is playing out correctively. this is why im sticking to the plain red path in the middle.
another wave of selling possibly coming to the dax (DAX3S)rising trama and tma acting as support on the weekly and trendline/ema just over spot in the index acting as resistance leads me to believe we could see the .5 of retracement over $2 in this leveraged inverse derivative of the DAX futures. top anchored vwap is indicating that a bull break of the mean may provide a long entry opportunity on the daily inverse to swing a bear break in the index.
Trading Session live trade analysis..2 wins from 2 tradesI thought that I would try something different and talk through my trades for the day and explain the reasoning behind the entries/exits. I also talked through some missed opportunities and the reasoning for NOT taking the trades in real time.
I trade primarily from price action and attempt to define the momentum moves for my prime entry setups.
Today there were only two trades...which in hindsight could have been better...but I traded to the plan and ended UP for the session.
I hope that you enjoy.
Please leave a comment or like if you would enjoy seeing more analysis of a Trading Day!!
Trade The Structure
US saved from another red session thanks to a late rallyUS markets rallied in the last hour to move from negative to positive territory ahead of the FOMC statement on inflation and interest rates. Gold took a beating as Gold and inflation bulls shake their heads. The USD continued to hover around highs which I expect will be the same theme for the coming few sessions before the FOMC meeting. Traders remain mixed with regards to inflation so expecting to see more choppy intraday action.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX and Nikkei
FX - Dollar Index (USD), EURUSD, GBPUSD, AUDUSD and USDJPY
Commodities - GOLD, Oil and Copper
Crypto - Bitcoin and Ethereum
Where to from here...US markets take a hit...levels to watchUS markets meltdown Friday and pressure Asian and European Indexes lower. I talk through the major US indexes and others in Europe and Asian, highlighting the key levels to watch and the overall trend and bias of the action.
Focus on : -
US - DOW, SP500 and Nasdaq
Europe - DAX and FTSE
Asia - ASX200, Hang Seng and Nikkei
FX - USD, EURUSD, AUDUSD, GBPUSD and USDJPY
GOLD
Take a look through my profile and leave a like if you enjoy what you hear and would like more!!
weak bounce structure nasdaq futures (us100)if we continue lower on the 5-15 minute id be in favor of ditching this bounce as long as we keep closing below trend regularity adaptive moving average 66 (TRAMA) as we are coming off overbought stochastics and making a lower high in price
Major Indexes are resilient but may be due to selloffThe world is focused on the US indexes which have recently broken down out of the uptrend. The question is now whether there is more downside to come which could turn into a major selloff after such a big Fed Fueled pandemic rally. I take a look at the price action and major levels of the Key Indexes.
In the US - DOW, SP500 and Nasdaq
Europe - DAX, FTSE and Eurostoxx
ASIA - ASX200, Hang Seng and Nikkei
Remember to take a look at my profile and follow for more content and analysis.
Russell US2000 Daily Outlook | 22 - AprYesterday was massively profitable for me. Today, once again lets see how price will react towards my expectations.
Note: Am not a mentor, i am just a random guy who journals his trades on TView for trading community to read and comment their opinion. This not a signal hence copy at your own risk!
Kings.
US100 Short idea for next weekUS100 has broken the 1H structure last, so I'm following the orderflow and looking for potential short position to fill the daily IMB down at 13400 area. Hopefully price will tap into the first unmitigated 15min OB, fill the tiny imbalance area above the ob and give me a confirmation entry at lower timeframe for a short position.
DAX, Do you agree QM ??Hello everybody
We back with another analysis of index , As you can see after the price fall down we should wait for some correction and now in correction level we are making a QM as you can see on chart and we need to wait to take acceptance in the resistance level that we shown on chart and then take signal in lower time frame for entrance and take in position.
I think everything was shown on chart exactly and the trader know what should be do in this analysis :D :D :D :D
If you have any question send us messages
Good Luck
Abtin