ECONOMICS:EUGDPQQ (+0.3 %)
Q1/2024
source: EUROSTAT
The Eurozone’s economy expanded by 0.3% in the first quarter of 2024, the fastest growth rate since the third quarter of 2022, to beat market expectations of a marginal 0.1% expansion and gain traction following muted readings since the fourth quarter of 2022.
The result added leeway for the European Central...
Simple charting of HOW we should READ the MARKET/PA/ETC!! Focus not just on the structure(PRICE), but also TIME. We need to approach the market as if we are DOCTORS having OPEN Surgery..Each blue b0x is 6 h0urs, study the FL0W EACH 6H0urs then APPLY the FRACTAL "doubling down theory" Im SELLING MNQ1! the whole week unless proven wrong then I'll catch a trade next...
This is the market every 15 days. Price have SSL intact while its almost done creating internal BSL (for it to buy up to grab later). Price might not reverse to buyside til next Thur/Fri. We just wait and see.
I think it will be bullish til 2026. A stock I might just buy til then.! Price is in the manipulation area(quad 2/green box), where it showed false sell run as price ran it within the next 3 years. If price make it to (quad 3/blue zone) bullish; thats the confirmation to upside. Will Come back to this after a while.
Thinking of how quarterly Daye theory affects or reflexts price action.
Interesting how fridays role is changing but also how we cycle through xAMD or AMDx
Notice how this week we had last Friday as ACC and then Monday we were manipulating as for Tuesday and Wednesday to be the distribution and continuation days.
it actually maps pretty well with the Thursday...
Last year, despite the volatility in the markets (fight against inflation, SVB collapse, conflict in Gaza....) the DXY traded in a slightly consolidative range, between the 100 and 107 price levels (compared to 2022, where the DXY rose from 95 up to almost 115).
The theme of the first quarter of 2024 is likely to be about if/when the Federal Reserve would...
I'm still a bit bullish on US30 even with the selling pressure we had this week in the market.
1. We're sitting over a Quarter point that was used as a support on the 17th followed by a retest on the 24th.
2. Last week created a bullish structure that market is already respecting, this structure also lines up with my quarter point levels.
3. we previously...
A falling wedge is broken!
More Bearish move is expected.
Quarterly Resistance was worked well so those who want to take less risk as a result win less reward, could wait for a broken horizontal level of 0.8667
SOLANA has an ATH of $267, ~1300% from current price. With this huge upside potential/ almost minimum for the next Bullrun Q3/Q4 '24 - '25 it's an important token to stay up to date with, Here is a breakdown of current price action on the 1D:
SOL has been stuck in this range since November '22 that was created by the collapse of FTX. SOLANA's connection to the...
Good day traders,
The CHFJPY is approaching it's all time high at 158 but I have good reason to sell now and hold. We observed CHFJPY reject on our resistance cluster after breaking out of our rising wedge pattern which caused a fakeout/ Fake out/ False breakout. We have seen this pair do this in the past thus we are considering the market close today to be...
Current environment seems hard to trade in. If you zoom out every now and then, you'll find a lot of Inside Quarterly candles, like $SPY.
Not saying market is expected to go up or down, but it's seeking for a (clear) direction.
Check your internals/sector ETFs, currently lots of inside's on the quarter:
DIA IWM OIH SLX SMH XBI XHB XLB XLC XLE XLF XLI XLP XLU...
Anant Raj showed excellent quarterly results (As posted by company quarterly results till September 2022). Expectations of continued growth in the quarterly results can be observed ( to be released on 19th January 2023. for December 2022 results)
Revenue growth (QoQ) is +23.14% (Till September 2022 quarter and growth expected more in December 2022 Quarter...
Another wave another short, a BIG short !
After the bearish confirmation with the break of the $3636 level on Sept. 27, the first bounce wave ended on Oct. 5, and the bearish acceleration on Oct. 13 with the lows supporting Fibo 50%, yet another wave of technical bounce is about to end. The opening short area starts at $3750 with a more important area between...
Chart Shows quarterly DXY and Fed Fund rate, with macro shark harmonic. Terminal PRZ of T1 at 117, t2 125 region with t3 at 136-38. Would be nice to see consolidation at 115-116 back to 106-8 area as other nations begin intervention. As of this hour, GBP halted trading trading as it collapsed 3.25%
***harmonics are not a predictive tool, they are a phenomenon of...
EURAUD is looking promising for another 645 pip move similar to what we have already seen this quarter. In this video I give an trade update to how I believe this trade will play out with levels given.
EURGBP outlook for the rest of the quarter. Eliminating swing trades focusing on taking one side on the yearly trend style of analysis. Within trading I advocate for looking at trading from a much longer term view and playing day to day trades within the larger trends to capture maximum pips and lowering risk by locking in pips and not dollars.
EURUSD outlook for the rest of the quarter. Eliminating swing trades focusing on taking one side on the yearly trend style of analysis. Within trading I advocate for looking at trading from a much longer term view and playing day to day trades within the larger trends to capture maximum pips and lowering risk by locking in pips and not dollars.
