BTCUSD Trump's tax hike is the biggest macro risk this year
Trump is very determined to significantly and generally increase tariffs, and this is only the first step. Trump does not seem to be afraid of economic and market fluctuations, and the financial markets that rely heavily on technology stocks may fall into chaos.
NAS100USD looks like 21300 will not hold, therefore next liquidation area to hold would be at 21060.... Wow what a drop.. Since trump statement on Friday.
NAS100USD The nasdaq has had a wonderful bull run since day 1, but all good things will come to end.. Soon, i am not saying now because it will take time. Tariffs on imports its a simple 101.. A businessman is not an economist, goods for all Americans will become more expensive, your wealth will be ripped right under your feet as you pay more for goods. 25% tariffs will be passed down to consumers, or reducing jobs, or ordering less. Again, as the price is passed down to imported goods so its more expensive to buy, do you really think that US goods will remain at the same price.. Of course not that would also hike up inline with the jump in price. Everything components to make goods comes from different countries, its what makes it cheaper to buy. Trump wants companies to create jobs by building factories in the USA, unfortunately its not that easy because presidents come and go every 4 years..
Tarrifs = increase of goods = inflation = high interest rate.
So trump will make America expensive again... Wahahahaa.. Watch this space and remember me in 2 years.. Hate to even think what tariffs will be imposed to the USA in retaliation. American has been growing because of cheap imports... Steel, aluminum.. Etc etc.. You buy it cheap and you sell it more expensive. After the tariffs, you buy it expensive and sell it more expensive.
And not even tech stocks are impervious to this, ut will filter through.
Goodluck, Mr. Trump will be damage the US economy, this pump is because its about to be dumped. Look at Australia when it imposed tariffs.. Back in the days.
I think i should have been an advisor for his administration.. 😂😂😂🤣🤣😂
QQQUS100 Another thing to note, last week we had 5 Higher Lows in a row and we ended the week with two Higher Highs & Higher lows on the Daily TF.
So factually then the price action is bullish, but not in the directional, bullish engulfing, rocket style that bulls want to see.
Even if you disagree with the point above, you should also note that Daily candles are reaching new highs whilst ‘filling the gap’ as it staggers up. This, in part, explains the yo-yo price action.
Since the December 18 Interest Rate decision, we have been stuck in a accumulation range. We appear to have filled the obvious ‘proper’ buying FVGs within the range. Now it appears we are attempting to fill all of the selling FVGs.
Once all of FVGs have been filled, the stage will be set for a major breakout or breakdown.
We haven’t peaked above the oblivion candle on the December 18th since then.
QQQUS100 My opinion on Friday’s events…. and I’m going to completely going to ignore fundamentals…..
21845 NAS / 531 - 533 QQQ was always resistance.
Personally, any *intra day* longs that were held after this price was tapped were at best wishful.
I took a short from the resistance to the first obvious support level at 21600 / 526.
The only question for me is would there be a confirmed entry for a intra day long….. The 15min clock said no…the 1hr clock said no.
I was anticipating a bounce at 21600 / 526 but it didn’t happen
So it clearly wants the 21400 / 518 price level.
The Weekly TF is still bullish and although Fridays price retracement was unexpected for many, I’d say that the first half of next week is more likely to be bullish than bearish BUT I’ll react to what happens either way.
NAS100 for some light hearted stuff if you guys already don’t know YouTube ‘How wojak trades vs how chads trade’ for bit of comedy. It’s something relatable to all of us. You’ll find plenty more videos about Wojak.
NAS100USD will continue to range btwn 21900- 20800 until it breaks out in either direction. That is why we there is constant buy and sell in this chat lol
NAS100USD This is the beauty when you trade just with FVP.. Yes you are guaranteed 95% hit rate, with a 1% risk rate.. You may not get the full extent range like when trading zig zags, but at the end of the day.. You sleep well, you are sustainable, consistent and always profitable at the end of the week with Any shocks especially during trump administration..
You are neither a bull or bear..
What a beauty!! 99% hit rate on the trading challenge which i have opened up..