Learned I can press record ! LEts see if this adjustment to the sell stop pays off
Market need pullbacks to allow market participants to join. Today is CPI day so we might have some volatility coming into the markets. Remember that 5/10% corrections are normal before any previous ATH in equities NO PANIC
Price completed a retest and it’s set to make a bullish move today. We have key economic data on USD today (INFLATION RATE & FOMC MINUTES) that can make price volatility high. A buy opportunity is envisaged, when price pullback around 1.25663. Technically, price is currently forming a head and shoulder pattern (bullish reversal pattern) that can induce a buy...
Nice volume past days. reteting breakout area right now Buy area: YELLOW rectangle Buying range: ORANGE/BLUE label Take-Profits: on chart Stop-Losses: according to your risk tolerance to any line below entry price REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade
Must-know events for the trading week The week ahead in the US will be marked by significant events, including the release of the FOMC meeting minutes and March inflation data. Alongside the meeting minutes, investors will continue to analyze speeches from various Fed officials: Recent remarks from Minneapolis Federal Reserve Bank President Neel Kashkari...
The chart provided visually represents the forward guidance issued by the Federal Open Market Committee (FOMC) alongside the performance of various key economic indicators and market indices. The FOMC forward guidance serves as a crucial tool for signaling the Federal Reserve's monetary policy stance and future intentions, thereby influencing market expectations...
Buy area: YELLOW rectangle Buying range: ORANGE/BLUE label Take-Profits: on chart Stop-Losses: according to your risk tolerance to any line below entry price REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade
Many interpreted from the latest FOMC meeting that the Fed is going to have three rate cuts this year, but Jerome Powell did not say that. Let me quote directly from his transcript: “If the economy evolves as projected, the median participant projects that the appropriate level of the federal funds rate will be 4.6 percent at the end of this year” And he...
Similar to the DXY, FOMC made USDJPY push down when news came out, trapped in new sellers then went right back into our direction. Currently running 410 PIPS in profit. Make your position risk free if you haven't already🤙🏽
GOLD has taken out stops above the 2200 zone, huge drop incoming. Entry at 2204 stops above 2215. Targets below 2150 and lower. Use proper risk management.
Yesterday’s FOMC meeting ended as widely anticipated, with no change to monetary policy. During the press conference, the FED’s chairman reiterated the central bank’s commitment to bringing inflation under control and outlined a strong economy and tight labor market. Jerome Powell also described inflation as being on a downward trajectory and explained the need to...
March 21st DXY: Consolidate along 103.25 (61.8%), could test 103 support, depending on BOE, could rebound to 103.60. NZDUSD: Sell 0.6095 SL 20 TP 45 AUDUSD: Buy 0.6660 SL 20 TP 60 USDJPY: Sell 150.40 SL 50 TP 160 GBPUSD: Sell 1.2780 SL 25 TP 70 (Dovish BoE) EURUSD: Sell 1.0920 SL 25 TP 80 USDCHF: Do nothing for now USDCAD: Buy 1.3480 SL 20 TP 60 Gold:...
Gold is looking ripe for a buy, entry at 2154, stops below 2148 our targets as high as 2176. Use proper risk management. Expectation for todays fomc is a weak dollar.
Gold prices fell late in the North American session on Tuesday amid a strong US Dollar but despite falling US Treasury bond yields. Market participants await the US Federal Reserve’s (Fed) monetary policy announcement on Wednesday, followed by a press conference by Fed Chair Jerome Powell. Meanwhile, XAU/USD prices are set to remain near $2,150 as traders remain...
The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
March 20th (FOMC in Mind) DXY: Consolidate along 103.80, could break lower briefly, overall trade higher to 104.50 resistance. NZDUSD: Buy 0.6060 SL 25 TP 65 (Counter Trend) AUDUSD: Sell 0.6500 SL 20 TP 55 USDJPY: Sell 150.55 SL 40 TP 180 GBPUSD: Straddle Buy 1.2740 SL 25 TP 75 or Sell 1.2690 SL 30 TP 90 EURUSD: Test and reject 38.2%, Sell 1.0870 SL 20 TP 65...
Yesterday, the Bank of Japan (BoJ) released its decision to end eight years of negative interest rates, adjusting the short-term policy rate to around 0.00% to 0.10%. Although an interest rate hike is supposed to lead to the currency strengthening, the Yen weakened following the release of the news, with the USDJPY climbing higher from 149.40 toward the...