Hello traders welcome back to another Analysis.
//// 0:0 Monthly/Introduction
1:06 Weekly Timeframe
2:24 Daily timeframe
2:58 4Hr timeframe
4:15 1Hr timeframe
//// We have upcoming (USD) PMI manufacturing data during the next NY session to look out for. It is expected to expand overall but decrease slightly from the last data point. Coming out of last Friday and...
Here we look at EURUSD holistically.
We check out the commitment of traders and the sentiment that all suggests we should expect more shorts in the near future... We discuss and show a few reasons why retail is short and as always do the opposite
The put/call ratio is at extreme levels which is reflecting a very pessimistic sentiment in the market. Typically, this indicator is to be used as a contrarian signal which means some sort of a major bottom could be forming over the next couple weeks.
This was a US30 sell taken during the London session a day before the US Interest Rates news release.
Technical Analysis (explained in detail in the video):
1. Price was making lower highs from higher timeframes and continued to show bearish momentum.
2. During the Asian session yesterday, the price consolidated at a psychological level and finally made a...
Keep it simple, listen to the video.
NFP around or over 400k wouldn't be a surprise, Time to close some short positions for me and add Long BTC and FTM today.
You get to hear a bit about how sentimental analysis works and how I do this in a CONTROLLED WAY (risk management always!)
ONE LOVE,
The FXPROFESSOR
