KimboSlice04

KimboSlice04

Market Sentiment - Short term market fear as we are having concerns over covid-19 delta variant, middle eastern tensions. We seen Global Equities Markets have a sell off from the highs, VIX spike creating a double top and cancelling out it's move. This week we have heavy impacting Economic Data being released, as well as the Jackson Hole Conference on Thursday...

KimboSlice04

- On the Intraday time frames we can see the Gold is holding Bullish Market Structure - Gold peaked Intraday highs at 1795 KL, profit taking by buyers - price entered a nasty range and descending channel - Poor retail sales had an opposite effect on DXY which was bullish effect and neutral effect on Gold - Even tho we are having short term market fear develop...

KimboSlice04

- DXY has had a bullish week, breaking out of a weekly/monthly resistance - Not the strongest Economic data confluences for DXY, we saw poor retail sales had no negative impact on the US Dollar - Short term Market Fear sentiment due to Delta variants and Tailban in control of Afghanistan - US $ dollar gains strength as a safe haven currency - US / Global Equities...

KimboSlice04

DXY - currently seeing Dollar strength breaking out of previous lower highs US Equities - Seeing sell off from the highs Global Equities - Seeing a sell off from the highs Vix - Impulsive push to the upside showing us fear in the markets as there is sell offs in the Equities market currently there is a short term market fear due to Delta variant fears, middle...

KimboSlice04

Looking at DXY as we are at a key decision point where we need to break HTF highs in order to confirm more upside for the US $ will be taking trades based off DXY indication 1795KL is a very key decision point as we need a strong fundamental catalyst to break thru

KimboSlice04

Retail Sales at 8:30AM - DXY currently at 92.800 if we get positive figures then we can break above, if negative break below to start revisiting the lows - Profit taking in US30 / US Equities market - strong bullish pa for Gold - Economic data has been all of the place as last 2 weeks we saw an aggressive rebound in jobs section, NFP, unemployment had a...

KimboSlice04

%$ Looking towards Economic Data to see organic Economic Recovery / keep an eye out for day to day headlines that can have fundamental impacts.

KimboSlice04

%$ Looking to see a lower wick creation of the weekly candle at the candle body conjunctions 92.50's / 50% correction and then make a run to the highs or looking to see DXY correct impulsive move from NFP on friday and then either a continution up the highs or further push to the lows - all depending on figures of the upcoming Economic Data for the...

KimboSlice04

%$ f off trading view, the audience does not need anymore explanation the chart is pretty self explanatory

KimboSlice04

We have had a strong equities market holding strength (market optimism) expect in the asian market where china and japan are experiencing weakness due to lockdowns from the Delta variant.. we had some Fed speakers this week: : CLARIDA: FED POLICY DECISIONS WILL DEPEND ON OUTCOMES, NOT OUTLOOK, WHICH IS UNCERTAIN : CLARIDA SAYS ECONOMY HAS MADE PROGRESS...

KimboSlice04

No high impacting Economic Data being release, I do not expect Gold to move past 1820KL / 1812kL to 1803/1795 as we may be waiting for NFP and PMI data being released tomorrow. Looking for scalp plays around the KL's if price set ups according to my scalp strategy and trading plan,live trading today.. lets keep doing this like we have been without live trading, it...

KimboSlice04

From last FOMC, we saw that the Feds will still continue to provide support to the US Economy as they are not seeing Economic Data reflect an organic recovery due to jobs market having lots of job but not being filled. - They say people are scared of covid, feel unsure, and unsafe. Feds will not increase Interest Rate or cut of stimulus thus inflating the US which...

KimboSlice04

As Jev stated in one of his webinars, if US $ rejects at the highs of 93- we can see a repetition in technical pattern of revisiting the lows at 89/90 price levels. We have high impacting Economic Data being released throughout the week such as NFP, Unemployment Rate/Claims, ISM Services, PMI. Looking to see if we can get fundamental confirms to see the Dollar...

KimboSlice04

- All eyes were on FOMC on July 28th until then we saw XAUUSD in range from 1809 - 1795 - FOMC sentiment was that they are not ready to cut off support to the economy thru Bonds purchases and Stimulus as Economic Data does reflect a rebound and job demands are not being fulfilled. No increase to Interest Rate - As FOMC statement was released we saw a liquidity...

KimboSlice04

- US $ was ralling to previous Intraday highs due to previous sentiment from last FOMC that Feds will start having talks about talking tapering and Interest Rate Hikes in 2023 + last week in the first half we saw Delta Variant cause fears within the Global Equities as we had a sell off from the highs, short term spike on VIX (indicating sell offs / fear mode)...

KimboSlice04

- As a scalper, I am looking to be in and out of the markets within 2mins - 60 mins. Being able to be objective and logical when looking at the markets you need to be prepared to adapt at all times not all trade ideas will work out exactly - I might be expecting sells below a certain level but if I start to notice sellers exhaustion on LTF, flat bottom body...

KimboSlice04

We are seeing short term fear and uncertainty in the markets, as Inflation scares are still active and affecting many countries around the globe. Economic Data is not suffice or where it needs to be to see Economic Recovery. Central Banks starting to review their policy measures regarding tapering of stimulus and Interest Rate Hikes. We see a sell off on Global...

KimboSlice04

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