KimboSlice04
- Volatility Index is used to read market fear and investor behaviour, it takes data S&P500 of investor behaviour and investor pattern of mass buying or selling weighted average across companies. - If there is massive sell offs in US Equities the Vix will increase indicating mass fear, the more bullish VIX is, the fear is active in the markets. - Vix gives us an...
- No major Economic Data release for DXY in the week as we have NFP next week. - Indecision and uncertainty period in the market as Delta variant fears, Economic Data where it needs to be, and a standstill in tapering of stimulus / Interest Rate Hike talks
- We have high impact news today at 8:30AM EST with Retail Sales data - We are looking for Retail Sales to continue with a string of negative reports from start of this week with: High Consumer Price Index, High Producer Price Index, Short increase in Jobless Claims Trade Ideas: 1. I am looking for a retest of 1820KL with that being a HRHR buys if we get...
All in all it was a good trading day as I am still paper trading for the month of july and maybe even all of august, as i have an addictive personality i started to chase $$$ and that's the biggest catalyst for your downfall. I've gotten a lot stronger mentally, physically, and emotionally. I had enough of control and will power to stop trading and actually...
HTF BULLISH BIAS I am looking for continued buyers printing new highs as Economic Data is not looking to good as we are seeing massive inflation increases, much higher than the 2008 Economic Crisis. Due to high inflation, consumer goods and service price rising, we need to see how Retail sales data is, to gauge an understanding because from CPI we are seeing an...
We are starting to see our buys above 1812.500 KL playing out overnight today as we got multiple confirmations of 30m,1hr,4hr candle body closures above, if we can see a daily candle close above that level we have more reassurances and probability that buyers are in fact in control and we are currently slowly correcting the impulsive drop from FOMC. - Looking to...
-Previous week price has been doing aggressive whipsaw in a range highs of 1812 KL and lows of 1795 KL -Start of the week we saw price go down below 1795 KL (which is a selling level for us) however, we did not get our price confirmation to take sells and price quickly snapped back in its range to go back to the highs of the range which is 1812 KL - With the...
Previous week of July 4th -9th: - We can see that price has been doing very aggressive whipsaw in a range between 1812 KL highs and 1795 KL lows. Due to Feds Sentiments indecision with previously giving lots of signals for Tapering and Interest Rate Hikes, now putting a halt to Taper / Interest Hike Talks and deems Economic Recovery is not where it needs to be...