J-DXY
THE FAT PITCH !!!Just a quick market analysis of what I call a classic fat pitch where you have a wide divergence from fair value. All that is needed is a catalyst to cause a flight to safety. Its not a matter of predicting anything. It is for the purpose of managing risk. Lets see how it turns out.
US DOLLAR index very important to upcoming movesDXY like I've mentioned multiple times... this is very important that it correlates with the pairs your trading. So DXY almost mirrors EURUSD in the opposite direction (eurusd pushes up..dxy pushes down). Price is looking good but don't expose your accounts to to much risk by trading all similar pairs.. trade smart and make sure you always risking appropriately.
Tuesday Forecast UpdatesThis is a follow up of my Forex Weekly Forecast video I published Sunday. You'll find it on my channel, just click the YOuTube link below where you will find me.
Did I make good calls? Was the analysis on point?
Check out the vid and see.
Don't forget to comment and subscribe. Catch my updates with a prompt notification!
Thanks for your support!
EURUSD Did You Buy from the bottom ? What to expect now ?
Hi everyone:
Let's take a detailed look into EURUSD bullish up move since last week, and what to expect from the current price action moving forward.
We can start off by looking at the HTF overall price action, and properly identify the corrective phase on the HTF could be potentially finished, and the next impulse up move can begin.
Start looking at the LTF price action, there are many reversal price action developments at the bottom to give us clues on the bullish reversal potential.
Once price had the first initial impulse phase on the LTF, we start to see further upside from the price, as they continue to form bullish corrections, followed by bullish impulse and so on.
Now that price has broken above the previous high, around 1.18, no signs of slowing down at the current stage. So what can we expect now from the price ?
Preferably is to see if price has enough momentum to break above the top of the HTF descending structure, and continue to form bullish correction to push to the next highs.
Alternatively, if price fails to break out, and there are LTF reversal price action at the top of the structure, then look to secure profit by moving up the SL and observe the price.
Take a look at DXY, we can also see clear USD weakness can happen.
As a good risk management, focusing on the best 1-2 USD pairs to evolve would be ideal.
Any questions, comments or feedback welcome to let me know thank you :)
DXY Full Analysis And How To Trade USD Pairs In The Next DaysThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
US DOLLAR - In-Depth Wave Analysis - As Deep As It Gets...In this video I go one step further in bringing you a total in-depth view at the complexities of these waves.
My last USD video was an introduction into the new wave count due to certain key levels having been broken.
Now it's time to drill down to the finest details.
This idea will form the basis for my next XLMUSD video which will present you with a couple of scenarios.
So if you have been sitting there scratching your head wondering what is going on here then pay close attention.
See related ideas below so you can see how I correct the labelling once they have been proven inaccurate.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
US DOLLAR - Identifying Where You Went Wrong Is Paramount.Whenever something doesn't fit what your were originally expecting it simply means that you missed a vital clue.
Identifying where you went wrong is not hard to do once you have identified the flaw in your analysis using the AriasWave methodology.
Sometimes its hard to believe that a correction can become so very complex and intricate and this can lead to incorrect assumptions being made.
In this video I explain where I made the assumption that led to an incorrect count.
Sometimes a correction can appear so sharp that it is not hard to mistake it for a 5-Wave move.
This is all part of the AriasWave analysts job. Identifying were the mistake was made and then proceeding to investigate the potential solution.
Below I have linked other videos that relate to these assumptions in the US dollar so you can see the evolution of the counts.
I have also linked other ideas that may interest you if you follow my work.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
ARIASWAVE MARKET UPDATE - USD\DOW JONES\BITCOIN\XLM\GOLDIn this video I cover the latest price action in the US Dollar and explain why it hasn't dropped yet.
Things haven't really changed much with the other markets...
The waves have become clearer though as we prepare for the moves ahead.
I breakdown the waves in these markets which reveal how close we are to these moves.
If you haven't seen the previous ARIASWAVE MARKET UPDATE, I have linked it below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
BTC ... A DAUNTING pattern ...Evening everyone!
Back on Tradingview this evening ... With something like a lot of people might not like to see!
In our defence, it might very well be a good thing for this market in the longer term, with a more profound pull back on the cards!
Let us know what you think!
ARIASWAVE MARKET UPDATE - USD\DOW JONES\BITCOIN\STELLAR XLMAs we head towards the end of the month, we can see the tide turning in the US Dollar.
This is important because the US Dollar is the driving factor when it comes to ALL MARKETS .
AriasWave joins the dots and brings you invaluable insights as to where these markets are heading.
As the US Dollar continues to decline in Wave E, it is very obvious that something BIG is brewing under the hood.
This is very apparent using the AriasWave methodology because of what the pattern suggests lies ahead over the next few years.
Markets will become increasingly volatile from this point on due to underlying economic factors that the world will be facing during this time.
I have linked some previous ideas below to help you get up to speed if you are new to AriasWave.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
BITCOIN (BTC), Crypto Market Update - Weds. July 28Delighted to be wrong in my bias from yesterday and to see that BTC came up and took the 39.3k zone which was my invalidation level for short-term downside.
Price Action has been great for scalping today.
Bitcoin Dominance still sending and going to test 50 very soon as ETH dominance is coming down.
This is 100% Bitcoin season right now as alts are not reacting as strong to the "King" except for AXS which is following BTC closely *hint hint if BTC dumps*
The DXY is still crabbing to downside giving signs of some crypto market relief so fingers crossed for downward continuation
The 41.3k region which was the June and Range high for Bitcoin still needs to be broken.
We either need to take the June high and those short stops by the end of the month or we will probably lose levels and move towards the massive CME gap.
35k is still the level that must hold and is the centerline for this sheisty range.
Remember - Always Take Profits
SUGAR/USD on watch for me today.SUGAR/USD:
• If price corrects and a tight flag forms, or it impulses down still further, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.