In today's episode of "What's Flowing," we're analyzing a range of markets with distinctive bullish and bearish signals. Here’s a quick rundown: Bullish Setups: UNIUSD - Strong buying interest with a bullish push, showing potential for further gains. EOSUSD - Also on the bull side, indicating strength in the current momentum. AVAUSD - Demonstrating bullish...
Account Performance: The account shows a total net profit of $2,703.38, with all six trades being profitable, resulting in a 100% win rate. Trading Statistics: Total Trades: 6 (3 short trades and 3 long trades). Profit Factor: High, as there were no recorded losses, leading to a consistent profit. Largest Profit Trade: $1,383.82, with an average profit per...
Here’s a breakdown for today’s "What's Flowing" episode based on the latest charts: UNIUSD: Bullish. Uniswap is showing strength with clear upward momentum, indicating potential for continued gains. SXPUSD: Bullish. Strong buying signals are evident here, with prices moving toward higher levels, making it favorable for long positions. EURCAD: Bearish. The...
XPDUSD (Palladium): Bearish outlook. The chart indicates potential resistance around the current price levels, suggesting a downward move may be in play. AUDCHF: Bullish. Positive price action with upward momentum signals the potential for gains, as AUD strength seems to dominate CHF. CADCHF: Bullish. Similar to AUDCHF, CAD is showing strength against CHF,...
UR (Upper Left): Strong upward momentum with a long position signal, indicating a potential breakout above resistance. IJR, IWN (Top Row): Both charts show upward movement above key levels, suggesting bullish sentiment. Each appears to be breaking out from consolidation zones, with recent price action pushing above the VAH and Ichimoku support. DGRO (Top Right):...
USDCHF (Buy): Strong buy signal; we see accumulation near key support levels, potentially indicating upward momentum. EXY (Sell) : Bearish sentiment as the chart suggests downward pressure, possibly moving toward recent lows. USDILS (Sell): Selling signal; volume profile hints at continued selling as the asset moves lower. GBPUSD (Sell): Selling pressure...
In preparation for a trip to show my daughter more of Thailand, I've switched to a fully mobile setup. I’m running everything with just two laptops and a monitor for each, getting my mind ready for this new workflow. I’m excited for this change because our usual work routine felt like it was limiting her experiences at such a crucial time in her life. This...
I am bull. Shout out to the Chat for this idea. LOL
Top Row Charts: EUR/AUD (Top Left): Market is trending upwards, labeled as "LONG", possibly indicating a buy signal based on the trend or setup shown. CAD/CHF (Top Middle): Seems to be range-bound with no distinct trend breakout, potentially in consolidation. GBP/AUD (Top Right): Marked as "LONG", showing a bullish trend continuation. Bottom Row Charts: Brent...
The Case for Dollar Strength Amid Margin Compression The relationship between U.S. Treasury yields and the U.S. Dollar Index (DXY) continues to draw attention, particularly as we observe a divergence between 10-year yields and the DXY. With the 10-year yields showing signs of a sell-off, the dollar has managed to surge, reflecting broader market sentiment...
I'll try to create a video tomorrow for whats flowing. Right now, this isn't working.
Brent Crude Oil (BRENT) Sentiment: Bearish Overview: Brent is currently facing downward pressure as it struggles to hold above critical support levels. Market sentiment has shifted amid concerns of reduced global demand, leading to a bearish outlook. Watch for further declines as Brent heads toward its lower support zone. Key Level: Look for movement towards...
To protect against a potential pain trade while executing triangular arbitrage involving USDCAD, EURJPY, and NZDCHF, you can use this strategy to identify discrepancies in exchange rates across these pairs and capitalize on arbitrage opportunities while managing downside risk. Here’s a potential breakdown: 1. Triangular Arbitrage Basics: In triangular...
1. AUDUSD (Australian Dollar / US Dollar) Sentiment: Bearish Overview: The AUD/USD pair is under pressure, with downward momentum continuing after failing to break through key resistance levels. Traders are watching for further downside opportunities. Key Level: The 0.6700 level is crucial, with support likely around 0.6680. 2. NZDCAD (New Zealand Dollar /...
Step 1: Select the Pivot Currency The pivot currency is the base currency you want to hedge or trade against. This currency will be the core around which your arbitrage strategy revolves. Step 2: Use Mataf.net for Correlation Data Open Mataf.net and navigate to the correlation matrix. Select negatively correlated assets that complement your pivot currency....
USDCAD (USD/CAD) Overview: The USD/CAD pair is showing strong momentum, currently hovering near the 1.3900 level after significant gains throughout October. With strong dollar strength and a weaker Canadian dollar driven by market sentiment and the oil market, USD/CAD remains a key pair to watch. Key Levels: Support lies around 1.3750, with resistance near...
USDSGD (USD/SGD) Overview: The USD/SGD pair is showing some short-term volatility around the 1.3100 level, with recent movements indicating consolidation. Trade Insight: Watch for potential breakouts in either direction, with key resistance at 1.3120 and support at 1.3080. US dollar strength amid global risk-off sentiment could push the pair higher. EURNOK...
Today's episode covers both forex and crypto markets, along with insights into the commodity space. With several key economic releases and global events in play, we expect volatility to increase across these assets. Be ready for breakouts in both currency pairs and cryptos, and monitor how commodity markets, like coffee, react to supply developments. Stay tuned...