Does FFIE have another bullish move left? LONGFFIE had an explosive move from about 0.50 to 4.00 before retracing down to the 1.10 range
where it got support from the 0.786 Fibonacci level. That is to say it retraced beyond the typical
0.5 to 0.618 levels. The question now is can it move higher and will buyers pile into the
stock at this relative discount. I think that they will. As a result, FFIE could retrace the trend
down by 50% and end up targeting 2.30. The sequence of candles for the reversal setup are
noted in the text box on the 30-minute chart. This is a potential 100% trade. The stop loss is
the recent pivot low at 0.75. The Reward to Risk is about 4. The stop loss of about 28% will be
moved to break even if the price gets over 1.35 making the trade risk-free thereafter.
FFIE needed to rest but could easily resume with another leg of bullish momentum.
Reversalpattern
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold prices are on a roll, climbing for the third consecutive quarter! What's driving this surge? 👀 It's all about inflation and the Federal Reserve.
This gain comes after a key U.S. inflation gauge, favored by the Federal Reserve, was broadly in line with expectations, fueling hopes of potential interest rate cuts by September.
On Friday, market sentiment shifted as traders bet on the Federal Reserve cutting interest rates by September and again in December. This speculation followed the Personal Consumption Expenditures (PCE) Index report, which showed no inflation rise from April to May. The PCE's steady data and moderate consumer spending have influenced this outlook.
Despite Richmond Fed President Thomas Barkin's neutral stance on rate cuts and San Francisco Fed President Mary Daly's positive remarks on current policy effectiveness, the market remains hopeful. Economic indicators, including declining business spending on equipment and a widening goods trade deficit, underscore a slowing economic momentum. This, combined with a weakened dollar and falling benchmark 10-year yields, has made gold more attractive to investors.
According to the CME FedWatch tool, traders are now pricing in an 89% chance of a Fed rate cut in September, up from 64% before the latest inflation data release. This video will show you how I plan to position for the next move in the gold market.
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is still fixed on the key level at $2,330 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,330 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldPrices #XAUUSD #MarketAnalysis #FedRateCut #TradingStrategy #EconomicIndicators #ForexTrading #Investment #MarketSentiment #CMEFedWatch #FinancialNews📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
How I Caught the Spike Down on NZDCHF Using This Great StrategyIn this video, I explain the Restricted Market Structure strategy and how it differs from the traditional Market Structure strategy. You'll learn how to set up trades using this unique approach and discover which currency pairs are best suited for it, as well as which pairs to avoid.
Key points covered:
Detailed explanation of Restricted Market Structure strategy
Differences between Restricted Market Structure and Market Structure strategies
Step-by-step guide to setting up trades with the Restricted Market Structure strategy
Best currency pairs to use this strategy with and pairs to avoid
Real-life example with NZDCHF, showcasing how it caught the big drop on the H1 chart perfectly
Join me for an in-depth analysis and practical tips to enhance your trading skills. Don't forget to like, comment, and subscribe for more trading strategies and expert insights. Let's master the markets together! 🚀💹 And remember to hit the Boost Button on this video to support our Trading View community!
Disclaimer: Forex trading involves significant risk and is not suitable for every investor. Carefully consider your financial situation and risk tolerance before entering any trade. Always perform your own research and seek advice from a licensed financial advisor if needed.
DMART - Momentum is building for upside move - Time to go LONG!DMart looks like it has bottomed out, presenting an opportunity for a long trade with a tight stop loss in place!
Trade Idea Explanation:
- Entry Point: Best around 4300+
- Stop Loss: Tight SL to 4100 on closing basis of D tf candle
- **Target:** Expecting a significant upside around 5900++
Stay updated for further insights and trade safely!
If you have liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing.
Thanks & Regards,
Anubrata Ray
GBPUSD | Perspective for the new week | Follow-upIn this video, we examine the recent performance of the GBP/USD, which closed Friday at a fresh five-week low, marking its third consecutive week of decline. The Bank of England's (BoE) recent interest rate decision did little to bolster confidence in the British pound. Meanwhile, a late-week surge in the US Purchasing Managers Index (PMI) dampened risk appetite, giving the US Dollar a lift heading into the weekend.
On Thursday, the pound and UK bond yields fell after the BoE left interest rates unchanged at 5.25%. Some policymakers noted that their decision not to cut rates was "finely balanced". Additionally, British inflation data revealed a drop to 2% in May, hitting the BoE's target for the first time since 2021. However, concerns remain over underlying price pressures, particularly in the services sector.
With positive US economic data reducing the likelihood of an early rate cut from the Federal Reserve (Fed), market sentiment shifted towards the safe-haven Greenback on Friday.
Looking ahead, UK economic data remains sparse heading into next week, leaving Sterling traders focused on next Friday’s Gross Domestic Product (GDP) release. In the US, economic data releases are also limited to mid-tier reports early next week, with the US GDP update scheduled for next Thursday.
GBPUSD Technical Analysis:
Will the pound maintain selling pressure below $1.26750? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading!
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Next week analysis: FANG & Energy Sector up? Hello everybody, thank you for checking out my trade idea and rundown of the stock market from last week. My analysis here covers the broad stock market, the energy sector, money inflow to small caps, and a potential trade setup in FANG, XLE, or ERX for next week. Please let me know if you have any questions about entries when to enter how to enter how to exit how to scale out or if you have any questions about the indicators I use or the indicators I don't use. I like to keep things simple; most indicators are derived from the price and volume, so I don't need to use indicators to tell what's going on. Have a great trading week and good luck.
Mastering Institutional Order Flow & Price DeliveryGreetings traders!
Welcome back to today's video! In this educational session, we'll delve into the concept of institutional order flow. Our objective is to accurately identify market reversals and trend continuations. By mastering the draw on liquidity, we will gain a clearer understanding of whether the market is experiencing bullish or bearish institutional order flow. To accomplish this, we will analyze the behavior of smart money and trace their footprints.
Join us as we uncover these crucial insights together.
If you haven't seen the " Premium & Discount Price Delivery in Institutional Trading " video, here is the link:
Happy Trading,
The_Architect
XrpUsd - Rally back to previous resistance (+100%)?BITSTAMP:XRPUSD is one of the most interesting cryptocurrencies for potential setups in the near future.
For a couple of years now, XrpUsd has been trading in a symmetrical triangle trading pattern. Always when XrpUsd retested support in the past, we simply saw a very nice rejection away towards the upside. And as we are speaking, XrpUsd is once again retesting such a confluence of support from which we could see a rally towards the upside. Target is the previous resistance of the triangle pattern.
Levels to watch: $0.491, $0.911
Keep your long term vision,
Philip - BasicTrading
UPS - Update and Trade SetupSince we pointed out the tapering last week, UPS is moving beautifully and preparing us for our entry model 1.
Keeping an eye on this as we continue to confirm tapering and seek to activate buying continuation.
Happy Trading :)
XAUUSD | GOLDSPOT | New perspective | follow-up detailsThe Federal Reserve opted to maintain interest rates at their current levels and delay any potential rate cuts until at least December. Officials foresee only a modest quarter-percentage-point reduction for the year, emphasizing the importance of managing inflationary pressures.
Fed Chair Jerome Powell highlighted that despite robust growth and low unemployment rates, the central bank remains cautious, waiting for clear economic signals before making any adjustments. The market reacted to this news, with gold prices climbing over 1% on Friday, fueled by expectations of a possible rate cut soon. Concurrently, the 10-year US Treasury bond yield trended lower towards 4.2%, influencing the XAU/USD pair upward as the week came to a close.
This video offers a detailed strategy to help navigate various market scenarios, empowering us to make informed decisions as the market digests the latest developments.
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is still fixed on the key level at $2,335 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,325 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldMarket #GoldInvestment #GeopoliticalImpact #InterestRates #AsianDemand #GoldETFs #MarketAnalysis #Investing #TradingTips📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsIn this video, we delve into the upcoming Federal Reserve meeting and its potential impact on the price of Gold. The decisions made during this meeting could significantly influence the market. Gold recently experienced its lowest finish in about a month, influenced by stronger-than-expected monthly U.S. jobs data and reports of China's central bank pausing its bullion purchases.
China, a major driver of the gold rally, might not be done buying gold, but the current pause could signal short-term profit-taking activities. Additionally, the latest US Nonfarm Payrolls report for May revealed an increase in workforce numbers, albeit with an uptick in the Unemployment Rate and a slight rise in Average Hourly Earnings. These factors could lead the Federal Reserve to delay its decision to cut interest rates, which is negative for Gold as it raises the opportunity cost of holding a non-yielding asset.
As market participants await next week's US inflation data and the Federal Reserve’s monetary policy meeting, the US Consumer Price Index (CPI) is expected to remain steady, but a reacceleration could trigger further losses for the gold.
Join me as we dissect the latest market dynamics and explore potential strategies for positioning ourselves for the upcoming price movement
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is still fixed on the key level at $2,325 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,325 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldMarket #GoldInvestment #GeopoliticalImpact #InterestRates #AsianDemand #GoldETFs #MarketAnalysis #Investing #TradingTips📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
LYX - ABC Turning @ 1.618 Extension w/Declining Volume $LYX
As foretold in the ancient texts: during an "ABC" Correction, C usually ends at the 1.618 extension of A with very low volume and volatility, indicating a drying up of selling pressure
LINK - ABC DeviationBIST:LINK
Will history rhyme by printing another 2 low volume wave 2 ABCing onto heavy support prior to Valhalla...?
GBPUSD | Perspective for the new week | Follow-upThe GBP/USD continues to decline, hitting a one-month low below $1.2700. Factors contributing to the British Pound's weakness include declining inflation expectations, potential policy shifts by the Reform Party, and broader economic uncertainties.
Amidst indications of a possible rate cut by the Bank of England this summer, both inflation and the labor market are showing signs of ongoing softening.
In April, inflation dropped below expectations while the latest jobs report revealed concerns as more individuals claimed unemployment benefits in May. With the UK economy stagnant in April and inflation, particularly services inflation, posing challenges, the BoE is closely monitoring the situation.
UK inflation is projected to decrease further, with upcoming data anticipated to show a decline in core CPI y/y to 3.5% and headline CPI y/y to 2.0%. The BoE aims to reach its target inflation rate of 2% soon.
GBPUSD Technical Analysis:
Will the pound maintain selling pressure below $1.27000? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading!
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
LINK - Ending DiagonalBIST:LINK - Possible Ending Diagonal
These moves usually imply a "Dramatic Reversal Ahead"
GBPUSD | Perspective for the new week | Follow-upThe U.S. dollar made a strong comeback on Friday as the latest economic data revealed a much higher job creation rate than anticipated. The U.S. economy added 272,000 jobs last month, significantly surpassing expectations. This robust job growth suggests that the Federal Reserve might delay starting its easing cycle this year. Additionally, the average hourly earnings increased by 0.4%, up from a 0.2% rate in April, further strengthening the case for a strong dollar.
Following this positive jobs report, the likelihood of a rate cut in September dropped to around 50.8%, compared to nearly 70% the previous Thursday.
On the other side of the pond, the focus shifts to the United Kingdom, where the Pound Sterling will be influenced by upcoming Employment data, set to be released on Tuesday. The UK has seen a decline in the number of employed people for three consecutive periods. Any further indication of layoffs could weaken the Pound Sterling, increasing speculation that the Bank of England (BoE) might implement early rate cuts.
Investors are also keenly watching the UK Average Earnings data, a critical measure of wage growth. The UK's persistent wage growth has been a key driver of high service inflation, posing a challenge to bringing price pressures back towards the 2% target.
In this video, we analyze the dynamics between buyers and sellers as they interpret recent economic data and prepare for the upcoming reports this week.
GBPUSD Technical Analysis:
Will the pound maintain selling pressure below $1.27500? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading!
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
NZDJPY bearish reversalNZDJPY
Entry point :- 95.507
Stop lose :- 96.807
Risk :- 0.50%
Target 1 :- 94.207
Target 2 :- 92.907
DIAMONDYD 8R Trade set up1. Trend: Bullish
2. Set up: Reversal
3. RR: 1:8+
4. Perfect reversal from the support trend line.
5. Big rounding bottom breakout is expected this time and 166% TP may get hit
CAT blue chip industrial LONGCAT on the daily chart has trended down more or less since the last earnings beat 6-7 weeks ago.
It has now found support at the 0.5 and 0.612 Fibonacci levels confluent with the mean VWAP
anchored back 6 months. The Bollinger Band Trend shows a narrow band with for the first time
this year. The Relative Trend Index is negative but about to go neutral. I see this as opportunity
to take a long trade well ahead of the next earnings. I assume CAT may have solid earnings
in the current quarter as its equipment production is purchased by those in the construction
industry making expenditures for residential as well as road construction and repair.
The Chris Moody RSI indicator shows both lines inflecting in bullish divergence which supports
a long trade.
Nifty Probable Trade idea1.If you think market will fall from tomorrow, without a pullback chances are rare.
2. This week or the next it will be in today's range most likely
3. If bull run is over, it will take to give confirmation in form to distribution and dump the big money at the top
4. Or if trend to continue then we have levels to reverse from the marked levels
USDJPY reversal in H1USDJPY just reaching another high. I go for sells in here. 23 pip SL/ 23 pip Exit 1
XAUUSD | GOLDSPOT | New perspective | follow-up detailsAfter the release of encouraging US economic data recently, Gold prices are showing signs of stabilization following consecutive days of losses triggered by the hawkish tone in the Fed Meeting Minute. FOMC Minutes revealed that Fed officials are uncertain about the level of policy restrictiveness and anticipate a prolonged wait before gaining confidence in sustainable inflation moving towards 2%.
While the US Durable Goods Orders exceeded expectations, a downward revision in the prior month's figures tempered the report’s impact, emboldening Gold buyers as evidenced by a surge in trading activity before the weekend. Improved US business activity is reducing the likelihood of a rate cut by the Federal Reserve (Fed).
Moreover, the University of Michigan's consumer sentiment poll displayed a modest uptick, though inflation sentiment remained mixed.
The US 10-year Treasury note is yielding at 4.461%, experiencing a slight dip of one-and-a-half basis points on Friday, putting pressure on the US Dollar.
Geopolitical tensions escalated as China initiated a second day of military exercises near Taiwan, and the decisions by Ireland, Norway, and Spain to recognize Palestine as an independent state have added volatility to markets, potentially fueling demand for Gold.
Given these recent changes, the question looms: will buyers or sellers come out on top in this shifting landscape?
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is fixed on the critical $2,350 level for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,350 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldAnalysis #XAUUSD #ForexTrading #MarketAnalysis #TradingStrategy
#GoldMarket #SafeHavenAssets #GoldPrices #FedMeeting #EconomicData #GeopoliticalTensions📺🔔💼
Disclaimer Notice:
Margin trading in forex, commodities, CFDs, stocks, and other instruments carries high risk and may not suit all investors. This content is for educational purposes only to assist with independent investment decisions and is provided for reference. Evaluate your investment experience, financial situation, objectives, and risk tolerance carefully. Consult an independent financial advisor before making any investments. I do not guarantee the accuracy of the information provided and am not liable for any loss or damage from its use. Past performance is not indicative of future results.
