UnknownUnicorn4632978
This was a US30 sell taken during the London session a day before the US Interest Rates news release. Technical Analysis (explained in detail in the video): 1. Price was making lower highs from higher timeframes and continued to show bearish momentum. 2. During the Asian session yesterday, the price consolidated at a psychological level and finally made a...
QuantumScape researches solid-state lithium metal batteries for electric cars. It formed a joint venture with VW to produce solid-state battery cells for, initially the VW manufacturers and ultimately, other car manufacturers. From early 2021 to recently, QS experienced a massive correction in its stock price due to a lawsuit led by investors who purchased the...
Fundamental and Technical analysis of Gold for the upcoming sessions
Fundamental and technical analysis of potential GJ trades I will be looking out for in the upcoming sessions
Technical and fundamental breakdown of the GJ scalps from NY session and unemployment claims release
A technical breakdown of the GJ Sell opportunities from Asian session - scalp to swing opportunity. Everything is broken down on the chart.
Price followed perfect HTF to LTF structure and levels. Great execution using fundamental analysis, market sentiment, and technical analysis together. Analysis explained on the charts. NFP came out much better than expected and previous - more jobs added in the month of June.
Technical: Price is still in a bullish trend on HTF. Currently, the price starting to break below the previous daily, 4hr, and hourly lows as it sets up to tap into previous weekly lows. More details on the chart. Fundamental: Lockdown extended to July 19, 2021 and the UK is opening up travel to other parts of the world. However, US, EU, Hong Kong, and many other...
The Pound has been gaining strength lately due to the heavy market-sentiment-driven market pressure. The UK is inching closer to reopening its economy to international travel, reviving the hospitality sector, increasing positive data from the services and manufacturing data. The majority of GBP pairs have been in consolidating as we await the June 21st decision....
Complete Top-Down Analysis from Daily timeframe to 30min timeframes. Discussed how to map support and resistance levels, break and retest strategy, how to use multiple timeframe confluence for entries, and how to manage trades. Trading is simple; psychology is hard. Always approach the markets from an analytical perspective.
The detailed analysis is on the chart. The approach here was to use pure price action as always, market structure, and all three market analyses together. I used the same analysis and suggestions given in the Weekly Outlook posted a few days ago.
GBP/JPY WEEKLY OUTLOOK The vaccinations are still on track in the UK and are still picking up in Japan, which is optimism in the market. We are in key liquidity areas right now. Last week, we closed below a week-long consolidation zone on a daily timeframe. The first trading session of the week (the London session has not even opened up yet), so make sure to stay...
Entry: 152.900 (15min) Stop Loss: 153.000 Take Profit: 151.000 Pure Price action and fundamental analysis No Signals, No Indicators, No Fibonacci Retracements Technical Analysis: This GBP/JPY chart is of the 30 minute timeframe, but the entry was taken on the 15 minute with confluence from higher timeframes. Starting from the yearly timeframe, price retested a...
Took this GJ trade with the team this London session. Scalp --> Day Trade Gold; Risk-Free
Quick fundamental and technical review for the scale in opportunity, a recap of the initial entry, and potential moves that we can see in the market.
Took 90% at 220 pips with trailed SL. Fundamentals: Boris Johnson receives support to lift the lockdown which brings in market optimism. Awaiting more positive fundamentals for swing buy opportunities until 160 zone. Sells are still valid since the weekly has been super bullish and needs to be corrected OR the market consolidates to collect orders to continue...
Fundamentals: UK opening schools starting March 08, 2021 and ultimately opening businesses in summer. JPY is reporting double-digit GDP growth despite being in a state of emergency. A lot of optimism for GBP due to the economy opening up again. Technical: Looking for partials at 150.100, reduce SL (not yet to BE), scale in as price retraces (which it will since...