Trading is a trial and error process! In the case of continuous errors, the main problem is the shrinkage of funds and psychological suffering! A trader must reduce the probability of mistakes, because your profit comes from someone else's loss. That is to say, when someone makes a mistake, there will be profits for people to earn in the market, but you can't...
On Wednesday (April 17), spot gold maintained a volatile trend, reaching a high of $2394.22 and a low of $2372.61. It was trading at $2,381.69 an ounce, down 0.02%. Gold has regained traction after rebounding from last week's all-time high of $2,431 and once again falling below the psychological level of $2,400 an ounce. Overall gold market sentiment remained...
There have been a series of incidents in the Middle East in recent weeks, including the conflict between Israel and Iran and an attack on Saudi Arabia. These events have raised concerns about geopolitical risks in the market, which has given gold prices a certain boost. However, if these events are mitigated, gold prices could see a pullback. Economic data...
If trading Dow Jones futures is essentially a bet, then you can predict whether the price of the Dow Jones Industrial Average will move in a particular direction at a particular point in time. If you believe the Dow will rise, you can go long on futures contracts
I am neutral on the pair, if the price respects the resistance level, we will go short, if the price breaks the resistance level, we will go long and then retrace from the rise date
Analysis of the latest gold market trends: Analysis of gold news: On Tuesday (April 23), spot gold maintained a sharp decline during the day and rebounded sharply during the US trading session. The price of gold is currently around US$2,319 per ounce. Gold prices slipped to their lowest in more than two weeks on Tuesday as concerns over an escalating crisis in...
Hello, guys GU making bearish pattern Supply Demand / Support Resistance considered Dow Considered SL above last HL
Statistically, USDJPY has been in a strong uptrend and has recently consolidated in a rectangular pattern. The price tries to stay above the rectangle and may challenge the monthly resistance level. Perhaps proper risk management should be carried out with stop loss orders
Hey, guys. As you can see on the chart, we are currently in a phase of complacency in the cryptocurrency market. We entered a bear market on March 21, 2024. According to fractal analysis, we should see at least $2,200 before a major rally.
Trend analysis: Yesterday we have defined and emphasized the market trend. The current market trend is biased towards short positions, so the operation still needs to be high-altitude. If the market in today's early trading continues to break down strongly from Monday and Tuesday, then the market is still dominated by strong short sellers, but in terms of the day,...
The fluctuations of crude oil yesterday were quite exciting. After opening at US$82.13 in the morning, it rose slightly to US$83.01. After the market was blocked here, it began to fall immediately, and it fell non-stop, all the way to US$80.88. There was no After a little rebound, the market fell to US$80.88, which was close to Monday's low of US$80.70. It gained...
That's what BTCUSDT is about today, and it might work
Bearish chart pattern Two consecutive peaks at similar levels Trough (retracement) between peaks Signals potential reversal from uptrend to downtrend
On the chart the price has confirmed the weekly bearish movement and has broken out of the structure and fvg Prices have been bullish all week and there is no indication that a strong institutional candlestick will change the market structure. We have some events on Friday (today) and a lot of events next week, including non-farm payrolls (which could attract...
From the chart, the USDJPY has formed a double top pattern, and there is a divergence, which indicates that the trend may be reversing
If after a retest in the support zone, maybe we should move up and make higher highs.
After the United States released mixed economic data, the U.S. dollar fell slightly, giving gold some support and maintaining a stable situation. A report from the U.S. Department of Commerce on Thursday said that U.S. gross domestic product (GDP) grew at an annual rate of 1.6% from January to March, lower than the 2.4% expected by economists polled by Reuters....
*** NOT INVESTING ADVICE*** After taking a look at some of the current monthly charts on the SPY and comparing with some other stocks from within. I believe we may have topped out and are due for a correction potentially targeting the 485 area. I am seeing bearish divergence on th3e daily, monthly, and 3 month charts. Tech earnings continue this week and could...