The 6J Futures chart is signaling bullish potential this morning, as evidenced by key technical factors such as a shift in momentum and possible support levels holding. Price action appears to be consolidating after a downtrend, with a potential for reversal if critical resistance levels are broken. The green bands suggest a zone of potential bullish activity, and...
OANDA:GBPCAD GBPCAD retracing higher as short order flow dominates the market.
This is my interpretation of the USDJPY. This is not trading advice.
COINBASE:BCHUSD / BITKUB:BCHTHB Flowing to the upside with bulls stepping up the pressure all day. On the daily, BCHUSD & BCHTHB trades at a discount to Fair Value. However, on the lower time frames it's trading at Fair Values or above. Give this trade some time to pull back and catch a sizable deal off the near term support level. . Loving the fact...
“If it’s for the bulls, it’s for the bears” – an acknowledgment that markets are cyclical, often presenting opportunities on both ends of the spectrum. In this snapshot, bear sentiment dominates DXY and XAU/CHF, while BCH/USD shows significant retracement after a bullish rally. Happy New Years, Your Most Profitable Day is Still Yet To Come!
Hanging out chatting about next year's trade desk business goals. I'm a firm believer that a good trader is just as valuable as the assets that they trade. Learning how to simplify trading is the first step to building a reliable strategy. There are a few areas of fund management that are hidden from everyday traders because it does not apply to non-financial...
Hanging out with the family and throwing some ideas out there. Nothing worth getting involved in here unless your looking for something to watch ahead of the new year. Ultimately, just dropping by to say, "howdy".
Podcasting the truth about direct dealing, retail treading, and why you should take your work seriously. You are a real trader. Your order flow matters and impacts the markets more than you think. Check out this podcast when you have time to chill. Peace.
Sticking with the trade here and buying up some more DOGE.
Dogecoin (DOGEUSD) is building upward momentum, trading near $0.45 after successfully defending support around $0.43. The 4-hour Heikin Ashi chart shows steady bullish progress, with price action contained within the green upward trend zone. Key resistance levels to watch are at $0.49 and $0.54, while immediate support lies at $0.44 and $0.42. A sustained...
Bitcoin (BTCUSD) is holding steady above the psychological $100,000 level after testing strong support near $97,000. The 4-hour Heikin Ashi chart shows a bullish continuation pattern, with price action remaining within the green trend channel, suggesting sustained upward momentum. Key resistance levels are at $101,200 and $105,000, while support is anchored at...
The USDTRY pair maintains its upward momentum on the 4-hour Heikin Ashi chart, as the price steadily climbs toward resistance at 35.00. The chart illustrates consistent bullish candles supported by a rising trendline and minor pullbacks finding support around 34.50. Key support zones include 34.50 and 34.30, with resistance at 35.05 and 35.20. The trend remains...
The EURHUF pair displays a notable recovery after a sharp drop, indicating potential buyer interest at lower levels. The price bounced decisively from the support zone near 412.75 and is now consolidating just below the key resistance level of 414.00. The 15-minute Heikin Ashi chart highlights a strong upward momentum post-recovery, with bullish candles showing...
The NZDUSD pair continues its downward trajectory, respecting the established bearish trend. Key resistance zones near 0.5860 and 0.5905 are capping any upward movements, while sellers maintain control. Support levels around 0.5770 are acting as a key target area for further downside potential. The price remains below the moving averages, reinforcing bearish...
The GBPNZD pair is displaying strong bullish momentum, breaking out of consolidation zones with higher highs and higher lows forming. Key support levels are well-defined around the 2.14800 and 2.12600 regions, indicating strong buyer interest at these levels. On the resistance side, the pair is approaching critical zones near 2.18000, which may act as a...
Several FOMC members have signaled a willingness to consider another Fed funds rate cut at the upcoming December meeting. However, a significant miss in key economic data—such as November’s BLS payrolls coming in below 200,000 m/m—could prompt the FOMC to act decisively and implement another rate cut.
Today is a good market to watch or play from a live/demo enviroment. Markets are behaving irrationally creating ghost trends/reversals off no levels or fake levels. Take sometime to learn how the predatory algos think and protect your bank!
See the GBPJPY video to learn more. • Trend: GBP/JPY continues its bearish trajectory, respecting the EMA resistance and forming lower highs and lows on the 4-hour char