Newstrading
GSAT Update and Plan OverviewI've been long for awhile with my entire position in stock and options paid for with profit from calls and puts worked. I'll will be adding stock and options on dips in a ratio that will match post spilt as to not end up holding non-standard options. The ratio has not been announced yet and I will be actively adjusting positions as needed. I intend to accumulate over the coming years. Good luck if you play. No where but up long term.
I don't have a specific target, but I'm focused on GSAT's FCC spectrum, the Qualcomm partnership, and their terrestrial network. They're developing a new cell modem to utilize Band 53 (n53) in standard handsets, coupled with their Apple deal. The more devices sold, the greater the benefit for GSAT, particularly as climate emergency applications gain attention. This creates a self-sustaining cycle of demand for devices and satellite connectivity.
Investor Day on December 12 could act as a catalyst, especially given recent positive developments like expanded licensing, the Qualcomm partnership, and progress with Apple. Price action may see accumulation leading up to the event as investors position for updates. Post-event, the trajectory will likely depend on the depth of announcements and forward guidance. Given the past month's price consolidation, a breakout above key resistance levels is possible if news aligns with expectations
XAUUSD 100% CPI signal Alert!The latest CPI update is in, and with Trump elected as the new President of the U.S., we’re seeing a strong bullish reaction from the DXY while gold is in a steep decline.
We have two scenarios to consider:
Scenario 1: If the government pauses interest rates until the new administration is in place, we may initially see a bullish spike in gold, followed by a decline.
Scenario 2: If the government cuts interest rates by 0.5%, we could see gold drop by approximately 200 to 300 pips.
Weekend Russia-Ukraine Update for Natural Gas Traders in FX MarkHey everyone,
I wanted to share some important updates with you regarding recent developments that could significantly impact our natural gas trades. In the past few days, Ukraine's attack on the Sudzha gas transfer station in Russia's Kursk region has raised some serious concerns. As you know, the Sudzha station is a critical point for gas flow from Russia to Europe, and any disruption here could directly affect our natural gas trading. It's something we all need to keep a close eye on.
To give you some context, Gazprom supplied approximately 14.9 billion cubic meters (bcm) of gas through Sudzha in 2023. This volume accounts for about 4.5% of the EU's annual consumption and nearly half of all Russian gas exports to Europe. Since the beginning of the year, the daily gas flow through this station has remained above 40 million cubic meters. These numbers highlight just how vital Sudzha is for European gas supply.
The main function of the Sudzha gas metering station is to record gas consumption and measure the quality indicators of the gas. The gas flow is measured using two primary methods: variable pressure drop and the more precise ultrasonic method, which measures the propagation speed of ultrasonic waves in the gas flow. The station is equipped with converters, pressure and temperature sensors, shut-off valves, and other equipment essential for accurate gas flow measurement.
In addition, the station features an automated control system that collects, processes, and transmits data on gas parameters. This system is responsible for overseeing the operation process and maintaining accurate records. If there’s an issue at the station, not only would the gas flow be disrupted, but tracking the quality and quantity of the gas would also become much more difficult.
Given these details, it’s crucial for us to closely monitor what's happening in the gas markets and adjust our strategies accordingly. As uncertainty increases, so do the potential risks and opportunities, so I strongly advise you to carefully set your stops in your trades.
Wishing you all a profitable week ahead!
CAPITALCOM:NATURALGAS FOREXCOM:NATURALGAS
75: Record Gold Prices What’s Driving the Surge and What’s Next?The price of gold has recently surged to a new all-time high, driven by the anticipation of interest rate cuts by the U.S. Federal Reserve. Gold traders are predicting that the Federal Reserve will implement two rate cuts this year, which is boosting the appeal of gold as a safe-haven asset. Historically, when interest rates are low, gold prices rise due to the decreased opportunity cost of holding non-yielding assets. Additionally, ongoing geopolitical uncertainties and economic instability are further supporting the demand for gold.
Central banks around the world, including China, have been significantly increasing their gold reserves, contributing to the rising prices. This accumulation of gold by central banks indicates confidence in gold's enduring value, which in turn encourages other investors to follow suit. As the Federal Reserve aims to stimulate the economy through lower interest rates, the weakening U.S. dollar makes gold more attractive to foreign investors, further pushing its price upwards.
New high reached $2482.35 - what are the expectations?
Bullish Scenario:
At the moment, a new high has been reached with substantial buying pressure. The buying pressure is evident with the almost straight line up. Given this scenario, the risk of shorting is high. However, when new highs are reached, it's prudent to hedge long positions. You might consider shorting on a lower time frame, targeting $2420.61.
The support level around $2420.61 is clearly identifiable. We could see a retest of this level, presenting an opportunity to initiate new long positions. There is also a possibility that prices will continue to rise. If buying pressure continues, we could see new highs beyond $2482.35, pushing the gold price even further.
Bearish Scenario:
If we lose the support level at $2420.61, it becomes apparent that we should look for short positions and new local lows. In this case, the decline could indicate a reversal in the current bullish trend. The break below this support could lead to a further drop in prices, potentially targeting lower support levels. Traders should watch for signs of weakening momentum and be prepared to shift strategies if the market sentiment turns bearish.
Bitcoin (BTC) Analysis: Navigating Key Levels Amid Market News🔍Bitcoin (BTC) is responding to significant market events. Here's a detailed analysis to guide your trading decisions.
📆Coin of the Day: Bitcoin (BTC)
About the Project:
Bitcoin is the first and most widely recognized cryptocurrency, often referred to as digital gold. It operates on a decentralized network without a central authority, using blockchain technology to facilitate secure and transparent transactions.
🧩Technical Analysis
4-Hour Timeframe
This analysis focuses on shorter-term trends, identifying critical levels and potential scenarios.
📉Support and Resistance:
Key Supports:
66,208.06
64,616.89
62,450.00
Key Resistances:
70,108.93
73,305.41 (Major Supply Zone)
📈Bullish Scenario:
Supply Zone Test: BTC is currently within a significant supply zone (70,108.93 to 73,305.41). A break above this zone could indicate strong bullish momentum.
Targets: Key resistance levels to watch are 70,108.93 and 73,305.41. Breaking above 73,305.41 could signal a continuation of the uptrend.
📉Bearish Scenario:
Break Below Key Support: If BTC fails to hold above 66,208.06, it could signal a bearish reversal.
Targets: The next support levels are at 64,616.89 and 62,450.00.
📊Volume and RSI:
Volume Analysis: Recent volume spikes suggest increasing interest, which is critical for sustaining upward momentum.
RSI Analysis:
Current RSI: 41.09, indicating neutral momentum. Key RSI levels to watch are 55.29 for resistance and 41.09 for support.
💡Key Triggers:
For Long Positions:
Entry Trigger: Break and hold above 70,108.93.
Strategy: Open a position on the hold of this level, targeting 73,305.41. Use tight stop-loss orders to manage risk.
For Short Positions:
Entry Trigger: Break and retest below 66,208.06.
Strategy: Open a position if the price confirms a break below this level, targeting 64,616.89 and 62,450.00. Adjust stop-loss orders accordingly.
📉Market News Impact
Upcoming News: The U.S. interest rate and inflation data are expected today. These macroeconomic factors can have a significant impact on Bitcoin's price.
Interest Rate Decision: A higher interest rate might lead to a stronger USD and potential bearish pressure on BTC.
Inflation Data: Higher inflation rates could increase demand for Bitcoin as a hedge, potentially driving the price up.
👨💻Trading Positions
Long Position
Entry Trigger: Hold above 70,108.93 with confirmation from RSI and volume.
Strategy: Open a position on the hold of this level, targeting 73,305.41. Use tight stop-loss orders to manage risk.
Short Position
Entry Trigger: Break and retest below 66,208.06.
Strategy: Open a position if the price confirms a break below this level, targeting 64,616.89 and 62,450.00. Adjust stop-loss orders accordingly.
📝Bitcoin is currently navigating key levels amidst significant macroeconomic news. Traders should closely monitor these levels and the impact of the U.S. interest rate and inflation data. Volume and RSI trends will provide additional insights into momentum shifts.
🧠💼Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2.
🫶If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
New H1 Range for Gold/ NEWS TradingGold is near the daily floor, but didn't want to drop all the way. I do not like that zone, there is a daily and a new hourly Key Level. If you trade here with 500 pip SL from zone to zone.
News is coming out in 20 minutes, I will be watching for a News trade today, about 30 minutes to 2 hours after News, when market has calmed down.
COIN setting up long after a pullbackCOIN has a big jump July 13 after some good news on SEC litigation against crypto
and a court ruling was issued. It is shown here on a 15 minute chart.
Since a double top it went sideways for a week and then down trended. The anchored VWAP
bands serve to give context and serve to show dynamic support and resistance price was at the
mean VWAP on July 13th when it popped. In the price action since price did a VWAP breakout
and then a breakdown to bounce off the same mean VWAP black line and is now a bit above it.
As I believe COIN is now trending up with the relative strengths of the low and high time frames
at about the 50 level. I have set a stop loss below the VWAP line and targets as TP1 -105
TP2- 107 and TP3 -109 although the price could reach the highs of 7/13 especially if
there are legal or regulatory updates favorable to the cryptocurrency sector. I will also take
a look at RIOT and MARA.
Buy the wave of disbelief - GBP/USDThe downtrend has been confirmed after a break of 1.2466.
We have just seen the Official Bank Rate in the GBP, the news summary is below:
Bank Rate held @ 5.25%
Monetary policy is working as expected and inflation is expected to reach its target of 2%.
However, they do not feel the time is right to cut the interest rate.
Andrew Bailey said he cannot rule out a small rate cut in June.
GBPUSD:
The idea is to buy the current swing (wave of disbelief), this is expected to be a strong reversal to clear all the stops above the current price. This wave should not take the high of last week's 1.2634, but we are expecting the 1.2564 to be broken before we can start to think of selling again.
NKLA can move higher from a support level LONGNKLA had news this week with the litigation over the Badger brand. The news is over and the
real trend is hydrogen stations in California and perhaps Western Canada impacting the
buildout of infrastructure with the help of Biden administration handouts. NKLA has corrected
and fallen into the support of the Fib retracement. Zig and zag I look to enter a long trade
here and target the recent pivot high with an initial target of half way there as a retrace of
a retrace. This would be about 1.02 but I will round it down to 0.99 to be below the
psychological level. This is a risky penny stock trade. With FSR falling off the exchange,
NKLA is getting some extra trader interest which may help carry it higher. This is a 30 minute
chart and meant to be appropriate for intraday or short duration swing traders.
LYFT rises on news of the MSP dispute potential resolution LONGLYFT was a recent idea upload. The news regarding MSP and the dispute resolution has helped
it rise off the ascending support trendline of the rising wedge pattern. The pattern may predict
decreasing volatility towards price consolidation and then a break out from the wedge.
In the meanwhile, I have added to my position since price is above the support trendline.
The PVT indicator shows a flip out on the pullback and I see this as a good add long entry. On a
low 1minute time frame. price gapped up with an engulfing candle with corresponding volume
at the opening bell today.
Importantly, a high volume spike also occurred in the after-market hours.
My recent previous idea long on LYFT is linked here.
The call option for $ 21.00 for April 19- 8DTE popped 140% today. I picked up a decent number of calls and will close them incrementally as they profit over the next week.
ACB a Cannabis Penny Stock LONGACB is moving of late due to the legalization of marijuana in Germany as well as the election
referendum in Florida in November. It is the best capitalized of the peer penny stocks in
this sector. Today from the low at the opening bell to the high before the NY lunch hour, ACB
moved about 30%. There was both a long and short trade here. The options moved
multiples. National MJ Day is April 20th. I expect these stocks to keep moving at least
until then. ACB is getting support from the mean anchored VWAP line and is able to run
with its bullish momentum to the second upper VWAP line before the shorts take positions
and longs realize profits. Since ACB is now situated at the mean VWAP, it is set up for
a long entry now.
Buy EURUSD News BasedThe EUR/USD pair on the M30 timeframe presents a potentially ambiguous situation with an expanding triangle pattern. While this pattern can signal a breakout in either direction, some caution is advised before entering a long (buy) position.
Potential Long Trade :
Entry around: 1.0823 (current price)
Target Levels:
1.0880: This represents the upper trendline of the triangle, which could act as the initial upside target upon a confirmed breakout.
1.0900: This is a further extension of the upside target, based on the recent price movement.
Stop-Loss: Place a stop-loss order below the lower trendline of the triangle, ideally around 1.0807. This helps limit potential losses if the price breaks down from the triangle pattern.
Thank you.
LUNR a space exploation penny stock with momentum LONGLUNR got an injection of trader and investor interest this week on the news that their lunar
lander ( robotic unmanned) is launch ready. While it is a publically owned company, 50% is
insiders, 40% retail investors and 10% institutions. In is in the shadow of NASA in Houston from
whom it has drawn employees. Of particular importance last spring when there was a news
catalyst , price went to the moon into the 45 level. This time around is early in the cycle.
In February from liftoff to descent and landing took two weeks. Volumes topped out at 7M
shares per day. Current volume is about 760K. Price was flat in the Friday after-hours trading
on expected diminished trading. I expect LUNR to be actively traded until the news starts
getting old. After that, the 50% insiders some of what are just rank and file employees
but some of which are executive types with larger share quantities may find away to augment
the news cycle. My stop loss is 5 at the Friday afternoon low pivot. My target is near to the
head and shoulders of the February high pivot. I especially note a 425% earnings beat ( they
only burned 20% of the cash burning projection set by the analysts. Earnings is soon to arrive.
This could turn out to be a Tim Sykes' "supernova" with news digestion associated momentum
synergized with another earnings beat ( the earnings is probably all grants from NASA and the
Pentagon). I assert this could turn out to a a great trade.
OCGN pumps on dismissal of investor lawsuit LONGOCGN has been a great swing trade after buying bad news. The good news has replaced the
bad. Earnings are in three days. Price well below ATH. November earnings were a beat
meaning this risky Med Tech penny stock had a lower cash burn than projected. Now
legal costs will disappear. Going long with a decent position expecting a better earnings.
In law, the Latin phrase res ipsa loquitur is sometimes used. Here it aptly applies to
Ocugen.
❤️GOLD pulls back before $2,100❤️❤️MY FOREX TEAM❤️
INFORMATION
Gold is taking a breather after testing the three-month high at $2,088 in early Asian hours on Monday. The US Dollar is looking to find its feet alongside the US Treasury bond yields, as markets resort to repositioning ahead of the high-impact economic events from the United States this week.
💲BUY / SELL SIGNAL UPDATES SHORTLY💲 Follow channel for regular updates
Everyone success..👍👍👍
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Gold pulls back before re-attempting $2,100
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
❤️XAUUSD Retest 2050❤️❤️MY FOREX TEAM❤️
INFORMATION
XAU/USD looks to test $2,050 ahead of key US data
💲BUY / SELL SIGNAL UPDATES SHORTLY💲 Follow channel for regular updates
Everyone success..👍👍👍
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Gold price bounces toward two-week highs of $2,041 early Tuesday.
US Dollar sags with US Treasury bond yields, as key economic data awaited.
Gold price teases a pennant breakout and Bull Cross on the 4H chart.
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital