KimboSlice04
Heavy week of Economic Data being released with CPI, PPI, Core Retail Sales, Unemployment Claims and FOMC Meeting minutes on Wednesday 2pm. will look to price points such as 94.5 make or break level to reject or extend into new highs or 93.7 break of intraday bullish ms
not much else to discuss poor week for Yen from technical stand point and fundamental due to poor economic data
GBPJPY has a had a strong bullish week as we recently tapped into the HTF Demand of 149 lows failing to break below showing us buyers are in control as higher time frame bullish ms has not been broken. which gave the strong bullish reaction we saw take place this past week to recover the sellers downside in the past 2 weeks during monthly close of September and Q3...
This week Gold stayed in a intraday range with bullish impulsive move at the end of the week quickly getting faded out while we are still holding Dollar strength
Dollar is still holding bullish ms being bought up from the lows of 89 price level (june fomc taper rumours dollar being bought up from lows) If you look at the higher time frame we can see that dollar is near a very crucial price point and has been ranging near the weekly highs and monthly highs, this week we did not see much impact since next week we have FOMC...
not really looking to take any trades on GJ unless there are clear intraday confirm and I can identify market structure and take safe trades only i want to see price set up this week for the rest of month gauging if we are seeing safe haven currency gain strength and risk currency lose strength
NFP, Unemployment claims / rate at the end of the week may see price develop/ set up for end of week plays Looking to see if Dollar corrects its high printed last week and/ or breaks bullish ms to validate buys for gold
Will have to watch price reactions are key price levels along with watching out for any headlines and economic data impacts
EOM EOQ3 pullback and order flow up, weakness in JPY Should reflect a bullish GJ but its EOM EOQ3 + feds sentiment regarding getting closer to tapering
bearish Ms on Gold nearing make or break price level and TL will look to see how this upcoming week sets up price and watching PA at the KL and price sensitivity area + monitoring Dollar and Economic data to see what we have in store for Gold
Strong bullish MS and PA for Dollar developing over this past week as we are nearing towards tapering.
GJ only looking for 4 potential trade ideas that are either HRHR or safest trades, heavy US Dollar, Yen, GBP Central bankers speaking this week along with Fed speakers can cause a lot of volatility will look for technical signals and overall sentiment / take aways from speakers to act on trades, if I am not confident and hesitant I will not trade.
Personally i will be looking for sells with continued sentiment of taper talks in this week, but we can see the Feds and CB speakers tell their viewpoint of the pandemic and economic support led by CB's and Feds, if support is continued or they will start to ease the support they have been doing since pandemic. but, i dont really want to take any Gold trades if i...
Heavy week for the US Dollar as we have many Central Bank and Federal Reserve Speakers. Technicals will help validate what is being digested by investors when looking to gauge whether we are in market optimism or fear, last week we have JP say that we can potentially begin tapering in Nov
GJ trade ideas played out for total of 250+ pips GJ helped me double my account this week thank you GJ appreciate you. never get greedy who says u need a vaccine to trade the financial markets lol
3 out of 4 trade ideas played out beautifully, trades ideas are set within various parameters such as high risk high reward buys/sells, medium risk buys/sells, and safe risk buys/sells with small reward. Even if I actively execute on the trade, I still actively watch it play out and set up I proceed with caution when trading Gold due to its volatility and pip...
FEDS looking to begin tapering and start reversing QE and asset purchasing but will need more Economic Recovery, esp in the Labor market along with seeing higher vaccination rates in order to potentially begin tapering in Nov thru to Q2 2022
HEAVY impacting GBP data being released throughout the week no need to rush any trades wait for confirms and sets up to execute. need to keep an eye on; - technicals / price action - intraday candle closures - JXY -economic data and technical / price sensitivity area - UK Equities recovering or sell off