A review of the price action from the European session and recap of US price action as the US indexes were closed Monday. I remain of the view that data is still showing 'sticky inflation' which eventually leads to higher interest rates and lower spending which will cap the indexes as we can see from the recent grind lower...it is whether the bears can now...
A look at the price action from the European and US sessions and what that may mean for the Asian market open after PPI out in the US was stronger than expected adding fuel to the inflation fire. I feel data is still showing 'sticky inflation' which eventually leads to higher interest rates and lower spending which will cap the indexes. Intraday the US could not...
A look at the price action from the European and US sessions and what that may mean for the Asian market open after PPI out in the US was stronger than expected adding fuel to the inflation fire. I feel data is still showing 'sticky inflation' which eventually leads to higher interest rates and lower spending which will cap the indexes. Intraday the US could not...
A look at the price action from the European and US sessions and what that may mean for the Asian session open after some stronger than expected US CPI data showing 'sticky inflation'. I look at some key levels to watch and the price action setups I expect to play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
A look at the key areas of interest for major markets and what we could be looking for. Levels and price action analysis for :- DOW Nasdaq DAX FTSE ASX200 USD U Bonds
Welcome back! Let me know your thoughts in the comments! **NAS 100 - 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 straight to your...
Welcome back! Let me know your thoughts in the comments! **DXY - 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 straight to your...
Hi, and welcome to today’s update. In today’s video update, we’re looking at the US30 and wondering if today’s CPI could break the consolidation deadlock we are currently seeing price sitting in. Price continues to be held in an ascending triangle pattern, and in uptrends, these are typically seen as continuation patterns. We can clearly see that price remains...
Happy Monday. Thanks for tuning in. Today we’re looking at the ASX200 as a few things point to buyer control. Since last Friday, we continue to watch the new fast uptrend remain in play. Buyers are also starting to break out of a wedge pattern, but we want to see if price can get back up to and break 6715. A move up to and break of that level could start to tell...
Hello TradingView community, today’s video update is more to highlight an area as opposed to looking out for a potential set-up. Tech stocks have been having a hard time of it lately, but we are seeing and watching an area between 11,780 and 11,550ish. The bottom is not exact, but after looking at the NDX100 you will see the point being made. This area, for...
Share markets managed to find some buyers to hold up off the lows as the US was largely range bound for the session. Buyers were happy to soak up the selling pressure from a weak open and fend off another selloff. The USD ran lower as safe havens moved down which lifted Gold. Major US indexes look set to bounce again into the weekend on more bargain hunting. The...
Review of the key levels in the major markets as global markets resumed the meltdown with the NASDAQ and SP500 down over 4% and DOW 3.5%. Markets playing catchup to Powell comments and also have concerns that the US consumer is holding onto cash and not providing the economy with needed support...Target failing to delver on earnings highlights the concerns. Safe...
Review of the key levels in the major markets as the US flounders and is mixed ahead of Powells speech in the coming US session. Traders will be eagerly awaiting to see what Powell has to say about inflation and the Feds interest rate plan. USD edged lower as safe haven dollar buyers closed long positions. The general trend for major Indexes remains down with the...
Review of the key levels in the major markets as the US continues to edge lower. CPI release spooked the market and saw the DOW futures dump 500 points ahead of the stock market open. Prices did bounce back into the open...in a strange sign of strength...before dumping again into the close. This created a fear based market as traders focus on inflation and a more...
Review of the key levels in the major markets as the US continues to edge lower. Major market indexes remain bias down for now. USD remains high while Oil , Gold and Cryptos take a beating. I still expect that there may be a major unwind of margin as traders get themselves in trouble and are forced to reduce risk. Key theme is around the USD and whether it...
Review of the key levels in the major markets as the US continues to melt down dragging others along with it. USD remains high while Oil, Gold and Cryptos take a beating. We may be seeing a major unwind of margin as traders get themselves in trouble and are forced to reduce risk. Key theme is around the USD and whether it continues higher above 104 (USD Index) or...
Review of the key levels in the major markets ahead of the new week. Key theme is around the USD and whether it continues higher above 104 (USD Index) or we seems some dollar weakness. Markets covered US - DOW, Nasdaq and SP500 Europe - DAX and FTSE100 Asia - Hang Seng, ASX200 and Nikkei FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY Commodities -...
I thought that I would try something different and talk through my trades for the day and explain the reasoning behind the entries/exits. I also talked through some missed opportunities and the reasoning for NOT taking the trades in real time. I trade primarily from price action and attempt to define the momentum moves for my prime entry setups. Today there...