USDCAD longFX:USDCAD
English: With USD/CAD, I would look for a bullish move upwards. BUT tomorrow is very important news for the CAD, so it all depends on how the news will be. . . If the CAD news are good, USDCAD will decrease, if the CAD messages are bad, USDCAD will increase.
Deutsch: Beim USD/CAD würde ich nach einer bullischen Bewegung nach oben suchen. ABER morgen sind sehr wichtige Nachrichten für den CAD, also hängt alles davon ab, wie die Nachrichten sein werden... Wenn die CAD-Nachrichten gut sind, sinkt USDCAD, wenn die CAD-Nachrichten schlecht sind, steigt USDCAD.
NEWS
Using HIGH IMPACT NEWS as a confluence (update)I could be dead wrong with what I'm about to say but trying to take a short even at 1800 doesn't match up with the rate hike next week.
Tomorrow's JOBS # is the final piece of the puzzle; we'll know what's going on once the dust settles.
But if the criteria (see image) is met, I'm definitely interested in going long into next Wednesday (FOMC).
How to use HIGH IMPACT NEWS as a confluence!During deflation investors prioritize investment-grade bonds, defensive stocks (those of consumer goods companies), dividend-paying stocks, and cash.
Current asset flows, including the slide in oil indicates this regime allocation is in play (see attached image - below)
In terms of XAU:
- It has already been repriced higher after less-hawkish comments from Powell. The new rate of change (lower) can now be established for the overall down trend
- Going into DEFLATION, your gold is likely to be “deflate” in price because the logic is: hard times cause people to sell their assets (gold, silver etc.) to make ends meet
- There is a greater incentive for people who understand what's happening (like us!) to shot XAU at these higher prices or get in cash/bonds in order to buy the dip in equities down the road once Fed policy actually hints towards loosening.
The current narrative around interest rates is “higher for longer” = still no signal they will stop hiking which = it's still valid to look for shorts on XAU and stocks
GBP/AUD upside ready for next week...Recently we have finally seen some rest bite for the pound after looming USD data. Other instruments are markets have also somewhat corrected and as we can see from GBP/AUD we are picking up some momentum to the upside with targets of 1.8400 for next week.
Always follow your trading plan regarding entry, risk management, and trade management. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Bitcoin Day Trade Setups, Scalping Entries🖥️ We have determined there is a 65% chance Bitcoin will RISE from our current entry point.
📉 LONG - BTC : $17,810 📉
💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $550 - minimum expectation $250.
🕰️ Duration of trade: we are expecting this to occur within a couple hours of market open Thursday. But we can see a fast spike up to 18k at anytime prior.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
EURUSD before FED CPI news passed yesterday, but the interest rate decision is today.
This is the most important news and we will see reaction of all assets.
Expectations to rise have been met. We’re now monitoring for reversal grounds.
Another rise and leaving a rejection wick will be the best possible option.
And let’s not forget that the ECB’s interest rate decision is due tomorrow.
EURUSD Trade Breakdown Hello traders
-Today we had a trade on EUR/USD which is currently in profit due to the NEWS event.
- In the next steps, we will break down this trade and explain why it is risky to trade if you have strong news.
- Chart breakdown
1) On the left side you can see that the major low has not been broken, therefore the price has the potential to continue bullish.
2) Negative confirmations are bearish reactions and big wicks that you can see at the end of momentum.
3) The price is in an overall corrective PA, the structure is more bullish than bearish because we have not broken the major low.
4) But be careful with such trades because we had a lot of negative confirmations, you have to breakdown the whole chart and then make a decision for the trade.
WARNING!
-Strong news was present here. The news was on our side in this case. But be careful when trading the NEWS event, because the main reason why some prop trade firms do not allow you to trade the NEWS event is "slippage". If "slippage" happens there is a chance that the price will "forget" you SL and you will lose more than you should have.
-That was all about this part, if you want more education like this, don't forget to leave a like and write us a comment if something is not clear to you.
EURUSD before CPIToday’s the first important news this week.
If you don’t trade aggressively just wait for the news to pass and then look for good entries.
We’re looking at possible H1 trend reversal from the resistance zone. And we’re also expecting pullback from the zone which to confirm the entry point.
Rejection wicks in both directions are possible, that’s why pre entries are not recommended.
Bitcoin Scalp Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will RISE from our current entry point.
📉 LONG - BTC : $16,965 📉
💵 Length of trade: we are expecting BTC to hit a 200 scalp, with a high end of $350 - minimum expectation $200.
🕰️ Duration of trade: we are expecting this to occur within 5 hours of this signal for the Min. Profit Target. Then we see this trade playing out till U.S. markets open Wednesday.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
The West Takes Aim at Russian Oil MarketsAs tensions continue to escalate between the West and Russia, a new development has emerged in the ongoing struggle over oil shipments. The West has been using shipping insurance as a tool to put pressure on Russia, but this strategy has had limited success so far. Insurance is only available for shipments valued at less than $60 a barrel, and as it happens, Russian oil already trades just below this cap. As a result, it's not yet clear how much of an impact this will have on oil prices.
But this raises an interesting question: why would the West set the cap at this level? The answer, it seems, is that they've calculated it in such a way that it provides just enough incentive for Putin to keep pumping oil. This is because the West is understandably concerned that Putin might choose to remove Russian oil from the international market, causing prices to rise significantly. And if global oil prices do rise much above where they currently are, the situation could become much more heated.
This is just one example of the complex dance that goes on between petronations and the West. On the one hand, the West has the ability to put pressure on petronations by limiting their access to the global market. But on the other hand, petronations have the power to put significant pressure on the West via energy prices. So it's a delicate balancing act, and it's not always clear who has the upper hand.
But what does this mean for the future? Well, it's difficult to say for certain, but it's clear that the West is trying to find a way to put pressure on Russia without causing a major disruption in the global oil market. And if they're successful, it could have significant implications for the ongoing struggle between the West and Russia.
Of course, there are many other factors at play here, and it's impossible to predict exactly how things will unfold. But one thing is clear: the discussion around this issue is only going to become more heated as global oil prices continue to fluctuate. So it's definitely a topic worth keeping an eye on in the coming months and years.
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 60% chance Bitcoin will Fall from our current entry point.
📉 SHORT - BTC : $17,210 📉
💵 Length of trade: we are expecting BTC to hit a 225 scalp, with a high end of $325, and a minimum expectation of $150.
🕰️ Duration of trade: we are expecting this to occur within 1.5 hours - 4 hours. Then we see a maximum duration of 14 hours.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
WTI USOIL weekly review outlook analysis to premarket
Closing last month as a bearish month and bullish week. The long term objective remain 6172.5 Aug 2021 Low.
Closing last week as a bullish week and closing inside the weekly bearish FVG. I will love to see price use that to push price lowwer but Bias can just be base on one Time frame alone that's why we need Top Down analysis. Monday closing as indecisive day after taking out old weekly low purge and revert method making price to come up into the old highs with the Daily FVG making Thursday the height of the day.
There is a lot of internal dialogue I'm having with myself looking at this chart and it is all making sense bc of the experience I have hsd in this same type of price delivery. I am Bearish and I am also having it at the back of my mind I am bullish… why ??? I can see the IOF on 1hr is bearish for now but I won't be surprised to. See price turn upward after taking out the sellside Liquidity and we do have most of the High/Low impact NEWS 📰 towards the end of the week (I feel like most of the volatility might be towards the end of the week).
Stick around as we learn more together… and I show you more about my trading here… thank you for coming this far with me it means a lot .
EURUSD before NFPUS jobs data coming up today. The news will cause movement so be careful.
Buys should be closed because the expected rise to 1,0540-60 has already been completed.
There will be an option for new aggressive buy trades on correction or after the news.
We expect the movement to end and reverse around 1,06.
FACTORS THAT PUSH THE PRICEHello everybody!
Today I want to discuss with you a serious question - What factors are pushing the price?
As you know, there is fundamental and technical analysis.
Each trader himself gives preference to what to use in the analysis.
And we will try to understand what pushes the price.
NEWS
The first thing that comes to mind is NEWS .
News affects OUR WHOLE LIFE .
The news pushes crowds of people to one point and forces them to flee from another.
News is a strong factor.
If the central bank decides something, it will be in the news and it will definitely push the market.
If the president of the country has decided something, it is shown on the news and it pushes the market.
If a person who decided the fate of an entire industry was fired, it will push the market and the price.
Therefore, it is IMPORTANT to follow the news and, more importantly, correctly interpret the news and be able to predict the future mood and future actions of the crowd based on them.
PATTERNS
All traders see the same chart, but everyone perceives it differently.
There are many reasons for this: someone knows more patterns, someone has more experience, someone understands better than another, someone has better discipline.
And when one or another pattern appears on the chart, people start trading and push the price.
You may have noticed that if no special picture is visible on the market, then the market is sluggish.
As soon as a pattern emerges, movement begins.
People entered the market.
Can we say that patterns move the price?
Or maybe someone is creating patterns on the chart to move the price?
EMOTIONS
We have already touched on this topic above, but it is worth noting separately.
Emotions play an important role in everything.
If the crowd is happy, the market is growing.
The crowd is afraid - the market is falling.
The crowd can be angry at the company or the country, close positions and thereby push the price down because of their bias..
The one who knows how to understand other people's emotions is able to predict the future actions of the crowd and make money on it.
Think about it...
SUPPLY AND DEMAND
Classical works on economics teach us that the market is controlled by supply and demand.
more precisely, the difference between supply and demand.
If the demand is large, the price rises, if the demand is small, the price falls.
The logic is simple: if people buy a lot, someone will start raising the price before selling, why not, because people buy.
When people don't want to buy, the one who needs to sell will lower the price to lure the buyer, because you need to sell something.
At the same time, it is important that there should always be both a buyer and a seller, otherwise the price will stand still or move slowly.
When there is both a buyer and a seller on the market and a lot of transactions are made, the price moves quickly, volumes increase, so even strong jumps (GAPS) are possible.
MANIPULATION
Manipulation is the darkest, most hidden action from prying eyes.
No one can say for sure whether it was manipulation or not.
Can someone push the market?
You often observe that the price reaches your stop, after which it immediately goes in the right direction, but without you.
Many traders believe that manipulation can be observed in the market .
Someone thinks that every movement is manipulation.
What do you think?
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
RLinda ! BTCUSD-> Forming a new cycle? Or...BTCUSD is entering the beginning of a new phase based on cycle formation. The breakdown of the consolidation indicates a continuation of the movement to critical marks, which may motivate many holders of the asset to capitulate. Market maker continues to destroy investors and miners?)
1)
( Chart 1: Falling price below the bitcoin mining industry average)
Bitcoin (BTC) miners are seeking (unwittingly :D) strong selling, which peaked back in 2015 on the back of the cryptohedon of those days. The flagship asset's price is falling below the bitcoin mining industry average, making miners quite nervous. The entire segment seems to be going through a rough patch.
Over the past three weeks (since the first FTX insolvency rumors), BTC miners have increased their selling pressure by almost 400%. That figure has jumped to 2015 levels.
If the price of BTC does not recover in the coming weeks, many miners will be forced to stop working due to heavy losses.
In addition, this period signals that mining can no longer be considered passive income.
The only way to explain the rising hash rate when the price is dumping is for some very big players with access to extremely cheap energy coming into the mining game on a scale of
(Graph 2. Weekly timeframe and estimated development of the situation against historical data)
The current crypto market tests the confidence and trust of participants in the sector:
-Many institutional investors expect the current bearish phase to continue
-Glassnode report supports the same
Average deposit size on all major exchanges is increasing in dollar terms as the bottom is forming (presumably). Average inflow volume is a metric for determining cryptocurrency returns on exchanges after investors sell them.
This trend has been a priority since May and echoes the maneuvers of 2018-2019.
In 2018, a sell-off from the $20000 level led to bitcoin falling to around $3000 in December 2018.
The overall bearish trend continued through 2019. It took about the same time this year for Bitcoin to fall 77% from $60000 levels in November 2021 to a new cycle low on November 22 at $15479
Analysts believe the current downward trend will continue in the coming months following the same pattern as in 2018, where it took several months to form a bottom and move up after the 2018 crash
(Chart 3: Three senior bitcoin timeframes. technical analysis)
The flagship is testing the lows of the last two years and updating the two-week bottom. The price is already below 15500.
Weekly chart: Last week closes near a local low. On Tuesday of the new week, price is headed below the low.
On the monthly chart, price comes out of a 5-month consolidation down. Drill the bottom further.
The daily moving averages are still as resistance.
The daily MACD is in the bearish zone, a new bearish wave is developing on the chart after two big bearish candles form
The daily RSI is in the bearish zone and is falling back to the oversold zone
Sincerely R. Linda!
#AAVE - DeFi protocol AAVE faces bad debt and centralized points#AAVE - DeFi protocol AAVE faces bad debt and centralized points of failure
Broken key support now along with some very bearish news. Unlikely new money will be going in even if there is a bullish turn from BTC. Hopefully should be a pretty safe bet here.
protos.com
🟪 #AAVE/USDT
• 🐻 Strategy: Short
• 👉 Exchange: Multi-Exchange
• 👉 Account: Futures
• 👉 Entry mode: Market order in range
• 👉 Invest: 0.59%
• 👉 Leverage: 10x CROSS
• 🚫 Stop: 56.71 (-84.7%)
• 💰 Entry: 52.28 ⌁ 52.85
• ⎿ Current market price: 52.28
• ⎿ Target 1 : 45.04 138.5%
• ⎿ Target 2 : 42.68 183.6%
• 📊 Technical indicators:
• ⎿ 24h Volume: 63355957.71
• ⎿ Satoshis: 52.28
CHZUSDTHello Dear friends
If this month's candle closes positively, the situation will be very attractive, isn't it!?!?
On the weekly time frame, is it possible to complete the head and shoulder pattern at the end of the downward trend?
On the daily time frame a bullish overlapping candle has been created for us, the $0.129 support area has been maintained so far.
At the same time we have an LL. Currently, due to the type of movement, we are not in a mindset to see areas above $0.291.
The CHZ token is one of the most important sports fan tokens, which has a high probability of positive fluctuations due to the World Cup.
We would be happy to hear your comments
What are new-home sales and why do they matter to the economy?Upcoming week we have two important major events happening for the U.S , one of them is the new-home sales. But what exactly are new-home sales, and why do they matter? In this post, we'll break down what new-home sales are and explain why they're so important to the overall health of the economy. You also be more prepared and informed why the market moved in a certain way. Lets move on...
What are new-home sales and why do they matter to the economy?
New-home sales are a measure of trading activity in the market for newly built homes. The new-home sales data are important leading indicators of economic activity, providing timely information on changes in the demand for new homes, which directly affects decisions regarding investment, production, and employment. The data on new-home sales also provide valuable information on the market fundamentals that are shaping trading conditions in the market for newly built homes. The data can be used to inform decision-making about pricing, product mix, and other strategic considerations. In addition, the data can be used to assess market conditions and identify emerging trends. As such, new-home sales data are an important tool for monitoring and understanding the health of the economy.
See historical graph here:
fred.stlouisfed.org
Impact of new-home sales
When new-home sales activity levels rise, it has a positive impact on the economy as a whole. For consumers, this increased activity level leads to currency being put back into circulation. When builders see an increase in new-home sales, they are able to reinvest that currency into building more homes, which in turn provides more jobs for other industry players. The increased activity also has a positive impact on the stock market and it's currency, as builders and other companies who stocks are traded publicly see their stock prices increase. This provides more stability in the markets and can lead to more investors feeling confident about putting their money into the markets. Ultimately, when new-home sales activity levels increase, it provides a boost to the economy as a whole.
New-home sales are an important economic indicator because they signal overall consumer confidence and spending. Increased new-home sales activity levels have a ripple effect throughout the economy, benefiting consumers, builders, and other industry players. We shall see what impact the new-home sales will have this week on EURUSD.
We can currently see we are stuck in a range between support and resistance - let's see what the week will bring.
Trade safe around these hours! Cheers.