Reasons listed on Chart for why Im bearish Usually smart to trade with the trend Unless market Structure Flips and You get stopped out. Currently in a short here We have a huge range on the Daily/Weekly TF's to clear down to 1.105 and eventually 1.10
We may come up to 155 on the Daily We may Respect 154.500 Since we just closed below that price point during the Pre-NY 4hr Candle. I don't like it a whole lot, Staying out for the Time being I had just taken a 5:1 RR position that got stopped out, Trading in Line with my bias, Bearish , Due to the Daily/Weekly TF's I'm still looking for a retest of lows, at 153.8...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
NZD Hawkish and Market sentiment playing Risk-On mode.
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
EUR/CHF - Weekly Chart We've seen price reverse at a key sentiment level. Price testing 1.05 for the first time in 8 weeks. A break and bullish momentum will continue. However, we may see an initial retracement before another push higher. We have been anticipating this move for some time now. Patience is key in FX, identify your directional bias for each single...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
So after long time I decided to post idea and maybe warn people. 1. So numbers on chart represent market sentiment (opinion) of opened positions in market. Numbers are from Gate.io but its probably almost the same at every exchange or broker. It is a reverse - contrarian indicator, which if it indicates a large rate of long positions, it may mean further...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Cryptocurrencies are moving to the downside as stocks found resistance after a more hawkish FOMC yesterday. USD is strong so cryptos are even lower as expected. But where are in in this long-term picture? I believe that consolidation since April of 2021 is still in play with the first support at 40k and the next one at 30k area. The important data to track is the...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...