Dxy gold silver Weimar Republic 10 16 24. here the dxy may be coming to sellers and this is where I would expect a reversal. the dxy and the metals have been going higher which is not typical. this is probably a signal that the metals are bullish which means there are buyers. on the other hand if the gold or the silver trade lower.... that would be possibly a good time to buy the metals, and I explain this in the video. this is a very dangerous time and a lot of people feel that the US must change its strategy because the dollar cannot be sustained with The amount of spending that has occurred.
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Breakout Retest, A+ setup explained with todays R5 Silver longFull recap of my todays NY session showing my preparation, my shortlist, my thinking process into my entry window and a detailed breakdown of the trade, including a detailed explanation of the setup, what to look for and how to trade it. One more trade for your playbook!
Wake Up on a SPY Trading AnalysisTrading should not be that difficult.
The rules are simple. if you cant make one stick with this ones.
Find a Perfect Entry based on good timing.
Get In
Get Green (Trade with a Stop Loss)
Get out
Repeat the above procedures a million times.
Does not matter how big or small your wins are because they all compounds overtime as long as you are consistent with it.
Some trades for XAUUSD on October 16, 2024Video explains it all
Lot of movement on XAUUSD this morning, taking some quick intraday/scalp positions within the markets.
All based on recent key level actions and zones, most trades are profitable, unfortunately alot of trailing SL hits, but thats what keeps us from losing money.
less greed, more safety!
EURUSD Technical Analysis and Managing Your Trade👀👉 EURUSD has faced recent selling pressure, creating a potential opportunity for short-term day traders. In this video, we will break down the price action, assess the current trend and market structure, and look at how we can manage this trade. Risk Disclaimer: Forex trading carries substantial risks, and market conditions can shift unexpectedly. This content is intended for educational purposes only and does not constitute financial advice. 📉✅
SPY/QQQ Plan Your Trade For 10-16: BreakAway PatternToday's video highlights what I believe may be a shift in market trend - which can happen.
My SPY Cycle Pattern highlight expected price activity/range based on a number of factors: Fibonacci price theory, Gann analysis, Tesla Price Amplitude theory, and more.
Yet, the one thing my SPY Cycle Pattern do not take into consideration is TIME.
Price shifting slightly forward or backward: where price exhibits an activity/range one day before or one day after the Pattern Date has happened before.
I've seen big CRUSH patterns happen +/- one day. I've seen topping/bottoming patterns happen +/- one day.
Possibly, we just experienced the sideways contraction I was expecting for Wednesday of this week happen on Tuesday of this week. This type of "time shift" if not out of the question in terms of how price reacts to external news/data.
What this means is we may be in for a moderate upside melt-up type of rally in the SPY/QQQ over the next 3+ trading days.
Gold & Silver are moving clearly into the Phase #4 of an inverted Excess Phase Peak pattern. If my analysis is correct, Gold and Silver will rally to a new "Ultimate High" throughout this process.
Bitcoin may have already reached the Ultimate High after yesterday's breakout rally phase. We need to watch the $68k level to see if price fails to rally above that level.
The next two weeks of trading should be very interesting for all of us - moving into an election and watching the global markets attempt to adjust for opportunities/risks.
Remember, ultimately, all of your decision-making should focus on three things:
_ Preserving Capital
_ Identifying Opportunities
_ Containing Risks
No matter what happens over the next three+ weeks, there will be time for more trading after the elections and in 2025 and beyond. Trading is a long game - where the #1 priority is to preserve capital while trying to find the best opportunities for profits.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Bitcoin: Watch for Reversal Signs Near the Top of the PatternBitcoin: Watch for Reversal Signs Near the Top of the Pattern
Bitcoin is testing the top of a large daily pattern, and selling pressure may soon increase to around $68,000.
However, patience is key, as we should wait for reversal signs.
If this happens, we may see BTC move down to previous structure areas at $60,000, $54,000, and $46,000.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
GBPUSD Bullish Breakout: Key Levels and Price Action Setup Get ready for a deep dive into my bullish bias on GBPUSD! In this video, I break down key levels, price action, and the technical indicators that point towards an upward movement in the GBPUSD pair. Whether you're a beginner or a seasoned trader, this analysis will help you understand the potential opportunities in the current market. Stay tuned for insights on entry points, stop loss placement, and target levels to maximize your gains. Don’t forget to like, subscribe, and hit the bell icon for more trade analysis and forex tips!
Ethereum - big move is coming. My 2 plans Ethereum - big move is coming. My 2 plans
I expect big rise on ETH because OI is nearly ATH
my 2 scenarios
1st - price create range - at VAL of that range we take LONG (80% chance)
2nd plan - bigger SL hunt happens and price re-test POC of previous range $2445 area
NAS100 Technical Analysis & Trade Idea PLUS Navigating S&R👀👉 The NAS100 has been showing a solid bullish trend on the higher time frames, however we are seeing a pullback currently. I'm closely watching for a potential buying opportunity based on key conditions outlined in the video. We'll explore the critical price action signals to watch for and how to position yourself effectively to capitalize on the next move. Disclaimer: This analysis is provided for informational purposes only and should not be considered financial advice.📊✅
USDCAD / DXY / CXY / COMUSD / BCHUSD / XRPUSD / LNKUSDUSDCAD (USD/CAD)
Overview: The USD/CAD pair is showing strong momentum, currently hovering near the 1.3900 level after significant gains throughout October. With strong dollar strength and a weaker Canadian dollar driven by market sentiment and the oil market, USD/CAD remains a key pair to watch.
Key Levels: Support lies around 1.3750, with resistance near 1.3920 as the pair continues its bullish drive. Watch for potential consolidation near these levels as we approach key economic data from both regions.
DXY (US Dollar Index)
Overview: The US Dollar Index (DXY) has been trending upwards, currently testing 103.38 resistance. This reflects continued strength in the USD across multiple currencies, with traders eyeing upcoming economic data, including US inflation figures, which could impact the Fed’s policy outlook.
Key Levels: Resistance at 103.40, with upside potential if inflation data surprises to the upside, while 103.00 serves as a key support level.
CXY (Canadian Dollar Index)
Overview: The CXY has seen a sharp decline, falling to around 72.68 as weakness in the Canadian dollar continues. This is being driven by concerns over the country’s economic outlook and subdued oil prices, which are critical to CAD strength.
Key Levels: Watch for support at 72.40 and resistance near 73.00 if there’s any positive shift in oil prices.
COMUSD (Commodities Index )
Overview: COMUSD remains in a consolidation phase as commodity markets await further news on oil supply and demand dynamics. Any shifts in global economic data could move the index either way. The overall range remains tight.
BCHUSD (Bitcoin Cash)
Overview: Bitcoin Cash (BCH) has experienced a significant upward spike, testing the $375 level. Recent market optimism about altcoins and positive technical setups have contributed to this surge. However, BCH seems to be retracing after touching key resistance.
Key Levels: Resistance sits near $384, with support around $350. A break below $350 could signal further declines
INVESTING.COM.
XRPUSD (Ripple)
Overview: XRP is currently consolidating around the $0.50 - $0.54 range after a period of volatility. Market sentiment remains cautious, as traders await further developments regarding Ripple's ongoing regulatory challenges and overall crypto market direction.
Key Levels: Resistance at $0.56, with support near $0.50. A break below this range could prompt further downside.
LNKUSD (Chainlink)
Overview: Chainlink (LNK) is testing the $11.25 level, with short-term resistance near $11.40. A solid technical structure suggests that the coin may push higher if bullish momentum continues, but profit-taking could lead to pullbacks.
Key Levels: Support near $11.10 and resistance around $11.50.
NZD/USD +70 Pips 0 Drawdown , New Entry Valid After D Closure !This 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.