Economic Landscape Eurozone Challenges The Eurozone is experiencing sluggish growth, with some nations nearing recession. Persistent inflation pressures the European Central Bank (ECB) to maintain tight monetary policy. U.S. Economic Strength The U.S. economy shows resilience, bolstered by strong job markets and consumer spending. The Federal Reserve’s hawkish...
Tesla (TSLA) is in the spotlight right now, and several factors suggest a potential bullish trend in the stock next week: Strong Delivery Numbers: Tesla recently reported its Q2 2024 delivery figures, which exceeded many analysts' expectations. While the numbers were lower than last year's, they still indicate solid performance in a competitive EV market, with...
U.S. Economic Strength: The U.S. economy continues to demonstrate resilience, with robust job growth and steady GDP expansion. This economic strength supports a bullish outlook for the U.S. dollar against other currencies, including the Danish krone. Interest Rate Differentials: The Federal Reserve's hawkish stance on maintaining higher interest rates to combat...
The way probability distribution works is most common the result - higher the result on the bell curve and rare events are on the bottom of curve. On strong markets, prices rarely ever sit still at pivotal levels like 200dma or high VIX. Here we also saw higher lows, market only had two directions (crash or bull). If you know how markets work (or the drivers)...
I had a shit last 2 days so I am actually taking today off, I have some work to do on one of my cars so I am going to do that today. This is also very important, taking a break when you aren't feeling that up to it. But in this video we discuss probability and how probable any given scenario could be in your favor. If you aren't taking this into consideration...
6M: BITSTAMP:BTCUSD 3M: BITSTAMP:BTCUSD 1M: BITSTAMP:BTCUSD 2W: BITSTAMP:BTCUSD 1W: BITSTAMP:BTCUSD 3D: BITSTAMP:BTCUSD 1D: BITSTAMP:BTCUSD If you have any questions, need further clarification, or would like to share your own insights, feel free to leave a comment below! The information provided is for educational purposes only and...
I still believe Tesla is a great company with a lot of future ahead. However, seeing how aggressive price action has been lately, it would be wise to consider taking some profits. This would allow for the trade to keep going, and the previous winning trades will have room to grow into strong investments. It's unlikely that price will continue to uptrend in this...
12M: OANDA:EURUSD 6M: OANDA:EURUSD 3M: OANDA:EURUSD 1M: OANDA:EURUSD 2W: OANDA:EURUSD 1W: OANDA:EURUSD 2H: OANDA:EURUSD If you have any questions, need further clarification, or would like to share your own insights, please feel free to leave a comment below.
It's hard to understand how the Fibonacci sequence presents itself in price action. I remember I used to think it was nothing more than lines drawn in a chart in a fancy manner. However, as I began to learn about probability distributions, I began to understand where the sequence reared its head into price action. Although I don't fully comprehend the theory...
BINANCE:SOLUSD has been drawing a lot of attention in the crypto space in the past few days due to its integration with NASDAQ:PYPL Let's have a technical analysis breakdown: BINANCE:SOLUSD According to my Free Probability Indicator , There's a 70.00% chance it could climb back over $210 and beyond, which is pretty much encouraging! If you're thinking...
On the daily chart, market structure was broken towards the upside and we had multiple higher lows formed on DXY. We can also see that DXY is currently holding an area of support. Based off of pure price action, we can expect a potential move to the upside. Two easy targets are outlined but price can go as high as the third target. It is important to remember...
Based on the volatility calculation and the expected move, on the monthly timeframe and the current bar, 68% of values will lie within the limits of 35.4k and 52k under normal assumptions (the bands use price log transformation), and there is positive momentum.
As seen in the 1-hour timeframe chart, Bitcoin's price has compressed into a triangle over the last three days. I anticipate a 2% price change in the next 1-2 days. I've marked the probable start time and direction of this price movement in percentages on the chart for you to review.
hi everybody dominance in daily time frame is still ranging in that yellow static channel I drew before . after a fake break out from static channel it just hit the green bullish channel top and bounce down. I have indicated everything that happens before in my previous ideas you can check them all. now it's struggling with static channel ( yellow ) midline. ...
How we have been trading EURUSD D1 (Daily chart) with our indicators + hand-drawn trend lines. After 10 years of R&D (we have been testing different indicators every day for a decade), we have developed our own Suite of 26 indicators. Here are just a few of them. Indicators names (from top to bottom): - Strength Shows the strength of the market, the...
Posting for own future reference RSI is "sell" zone Price above BB If today closes red (5.5h remaining), then idea is confirmed. Same for 3D BTC pair: Targets: 0.13, 0.11, 0.09 - 0.08. I really don't see it going any lower. The indicators say "short" but minimize leverage, as this coin has proven to be highly volatile.
Hello,Traders! GBP-CHF is already growing Because a strong horizontal Support was retested so I think that the price Will grow a bit more Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Strategy that is based on price action with a high probability is possible