LORDOFTHETRADERS

LORDOFTHETRADERS Updated  Mar 17

a prediction might be justified and what factors to consider: 1. Fundamental Analysis U.S. Economic Strength: Strong U.S. economic data (e.g., GDP, Non-Farm Payrolls, CPI) could boost the USD, pushing EUR/USD lower. Hawkish Federal Reserve (Fed) rhetoric or rate hike expectations could strengthen the USD. Eurozone Weakness: ...

LORDOFTHETRADERS Mar 10

Technical Analysis: Look for key support and resistance levels, candlestick patterns, moving averages, and other technical indicators that could signal a potential bearish move. Fundamental Analysis: Economic reports like GDP, inflation rates, employment figures, and central bank policies (Bank of England and Federal Reserve) can have a significant impact on the...

LORDOFTHETRADERS Mar 6

The US30 (Dow Jones Industrial Average) is a popular index that tracks 30 large, publicly-owned companies trading on the New York Stock Exchange and NASDAQ. A forecast of a 9,000 pips bullish movement in the US30 would imply a significant upward trend in the index. Here's a breakdown of what this could mean and factors to consider:

LORDOFTHETRADERS Mar 4

Technical Indicators: A break below a key support level. Bearish candlestick patterns such as shooting stars or engulfing candles. A negative crossover in moving averages (e.g., 50-period crossing below the 200-period). RSI (Relative Strength Index) showing overbought conditions, signaling a potential reversal. Fundamental Factors: Economic...

LORDOFTHETRADERS Mar 4

1. Technical Analysis Trend Indicators: If EURCAD is in an uptrend on the 4-hour or daily charts, you might expect continued bullish momentum. Support Levels: Look for key support levels that the pair has held above recently. If EURCAD is bouncing off a support zone (such as a moving average or horizontal support), it may provide a strong signal for a...

LORDOFTHETRADERS Updated  Mar 3

1. Technical Analysis: Trend: Check if NZD/CAD is in an uptrend on the daily or 4-hour chart. Look for higher highs and higher lows. Support/Resistance: Identify key support levels where the price might bounce. A break above resistance could signal further bullish momentum. Indicators: Use tools like RSI (Relative Strength Index) to check for...

LORDOFTHETRADERS Updated  Feb 21

Technical Analysis: Look for key levels of resistance that might act as a ceiling, and also support levels that could be breached during the decline. Indicators like the RSI, MACD, or moving averages might help confirm the bearish momentum. News and Events: Keep an eye on economic news, central bank statements, or geopolitical developments, as these can strongly...

LORDOFTHETRADERS Updated  Feb 19

conomic Data: If recent economic data (such as strong U.S. employment numbers, GDP growth, or inflation figures) are positive, it could support a stronger U.S. dollar. Oil Prices: Since Canada is a major oil exporter, a drop in oil prices may weaken the Canadian Dollar, making the U.S. dollar more attractive. Central Bank Policies: Any dovish stance from the Bank...

LORDOFTHETRADERS Feb 16

Resistance: Look for recent highs or key resistance levels where price might struggle to break higher. Support: Identify strong support levels where the price might find a floor or reverse. A break below a key support level could trigger further bearish movement, especially if there is a pattern like a break of a trendline, a double top, or a...

LORDOFTHETRADERS Feb 13

Entry Point (Bearish): If the EUR/USD has recently experienced a strong downtrend, you could consider entering a short position at a resistance level or retracement level after a pullback. For example, a rally to the 38.2% Fibonacci retracement level might provide a selling opportunity if the overall trend remains bearish. Take Profit at 38.2% Retracement: This...

LORDOFTHETRADERS Feb 11

Bearish Forecast Explanation: Bearish means you expect the NAS100 to decline in value. You're targeting a move down by 800 points. Your stop loss is set at 300 points if the trade moves against you. Risk-to-Reward Ratio: The risk-to-reward ratio (R/R) is a critical aspect of this setup: Risk = Stop loss (300 points). Reward = Target profit...

LORDOFTHETRADERS Feb 7

Technical Analysis: Chart Patterns: A bullish pattern like an ascending triangle, bullish flag, or double bottom could suggest that EUR/CAD is poised for an upward movement. Support and Resistance: If the pair has recently bounced off a key support level and is approaching resistance, breaking through resistance could result in a 100-pip rise. Moving...

LORDOFTHETRADERS Updated  Feb 4

A forecast for a 100-pip bearish move on USD/CHF suggests you’re expecting the price to decline significantly in the near term. If you're looking to forecast this move, a few key factors to consider might include: Technical Analysis: Are there any key levels of support or resistance you’re watching? For instance, if USD/CHF is approaching a strong resistance...

LORDOFTHETRADERS Feb 3

When someone says "ChatGPT bullish for 1000 pips," they likely mean that they are predicting a significant upward movement in a currency pair or financial instrument, in this case, around 1000 pips (percentage in point). A "bullish" stance typically refers to expecting the price to rise. In forex trading, a pip is the smallest price movement that a currency pair...

LORDOFTHETRADERS Feb 3

When you say "EURGBP bullish for 100 pips," you're forecasting that the price of the EURGBP currency pair will rise by approximately 100 pips. Let’s break down what this means and how it could unfold: 1. Bullish Trend "Bullish" indicates that you expect the price of EURGBP to rise in value, meaning the Euro will strengthen against the British Pound. ...

LORDOFTHETRADERS Updated  Feb 2

Technical Analysis: Trend Identification: If GBP/USD has been in a downtrend or showing signs of weakening, traders might predict further declines. Support and Resistance Levels: If the price is approaching a key resistance level and struggling to break through, there could be a short-term reversal, leading to a bearish move. Indicators: Indicators...

LORDOFTHETRADERS Updated  Jan 30

Technical Analysis: Look for key support and resistance levels, trend lines, and moving averages that might suggest the pair is in an uptrend. A break above recent resistance could signal a potential 100-pip move higher. Economic Events: Key data releases or central bank decisions related to the Eurozone and Canada (like interest rate changes or GDP growth...

LORDOFTHETRADERS Updated  Jan 29

Fundamental Drivers Global Economic Uncertainty: Historically, silver and gold are seen as safe-haven assets in times of economic stress. A significant crisis like a major recession, geopolitical tension, or even the collapse of major financial institutions could drive demand for precious metals. Inflation Concerns: High inflation or fears of currency...