JoelWarby

JoelWarby

Hey #Crypto enthusiasts! 👋 Before we dive into other markets, let's have a quick update on BTC/USD. We're now in the 3rd week of consolidation, so it's crucial to take a step back and consider the bigger picture. 🌅 🔍 Looking at the weekly chart, we can identify some key levels that may come into play once price breaks out with momentum and direction. 📈 🔐...

JoelWarby

Today, we have observed a significant breakout in the GBP/USD market. The currency pair has managed to move beyond the resistance level, as illustrated on the chart. The daily candle is about to close, solidifying this breakout. Our focus now shifts to the descending trendline visible on the 3-month chart. This trendline represents the next critical target, with...

JoelWarby

Hey there, #Crypto enthusiasts! 👋 Ready for a rollercoaster ride this weekend? 🎢 Here are the key levels to watch for #Bitcoin against the US Dollar. 📈 Make sure to check the accompanying chart image for a visual breakdown! 🔍 ✅ Support Levels: 1️⃣ S1: £28,200 - The first line of defence. A break below could signal a short-term downtrend. 2️⃣ S2: £27,600 -...

JoelWarby Updated 

Good morning everyone, and happy new trading week! As we kick off the week, we're keeping a close eye on the US Dollar, which we expect to see some strength in the early part of this week. As many of you know, the USD is a key player in financial markets, so this move could have significant ripple effects across asset classes. For example, we might see the EURUSD...

JoelWarby

Inflation in the United States, as measured by the consumer price index (CPI), is expected to have slowed again in November. This is due in part to a weaker economy, which has reduced inflation pressures. However, the expected 0.3% increase in the CPI is not enough to ease concerns at the Federal Reserve or prevent the central bank from raising interest rates even...

JoelWarby

Non-fungible tokens, or NFTs, are digital assets that are gaining popularity in the world of online gaming and digital art. NFTs use blockchain technology to ensure that each token is unique and cannot be replicated, making them a secure and verifiable way to prove ownership of digital assets. One of the main benefits of using NFTs is that they can be easily...

JoelWarby

As we near the end of the year, it is clear that the stock market has experienced significant turmoil in 2022. A total of 1,492 stocks have seen their value drop by 50% or more this year. This is a staggering number, and it indicates that many investors have been hit hard by the market's downturn. Even more concerning is the fact that 665 stocks have fallen by...

JoelWarby

Investing in the S&P 500 index is not always the best way to profit from an anticipated Federal Reserve pivot towards lower interest rates. While U.S. equities may rally when the Fed reduces the pace of its rate hikes, international equities are likely to be an even better performer for dollar-based investors. This is because the U.S. dollar's strength against...

JoelWarby

As financial market traders, we are always on the lookout for trading strategies that can help us capitalize on market trends and conditions. One such strategy is to take advantage of the volatility of oil prices. Oil is a valuable commodity that is subject to significant price fluctuations. There are several reasons why oil is volatile, including limited supply,...

JoelWarby

Earlier today, oil prices were on the rise after the shutdown of the Keystone pipeline. However, this rally was quickly wiped out as sellers attacked the market, pushing prices even lower. The oil market has been struggling due to growing concerns about a potential recession and the belief that central banks have tightened monetary policy too much. This fall in...

JoelWarby

The Federal Open Market Committee (FOMC) is set to meet next week, and investors are eagerly anticipating the outcome of the meeting. Bank of America Global Research has discussed its expectations for the meeting, saying that it expects the Fed to raise its target range for the federal funds rate by 50bp in December to 4.25-4.5%. According to Bank of America, the...

06:28

JoelWarby

In recent weeks, the bond market has been sending a strong signal to the Federal Reserve: it may be making a serious mistake. The yield curve, which measures the difference in interest rates between short-term and long-term bonds, is currently more inverted than it has been since the early 1980s. An inverted yield curve occurs when short-term interest rates are...

07:08

JoelWarby

As tensions continue to escalate between the West and Russia, a new development has emerged in the ongoing struggle over oil shipments. The West has been using shipping insurance as a tool to put pressure on Russia, but this strategy has had limited success so far. Insurance is only available for shipments valued at less than $60 a barrel, and as it happens,...

JoelWarby Updated 

In this post we have mapped out all of the major key levels to watch over the coming weeks for EURUSD. They comprise of Monthly, Yearly & Structural Major Key Levels essential for price action in EURUSD charts. For any new followers, you are able to use these key levels to guide your trading decisions and watch for how price reacts to them in order to place...

JoelWarby

WRAPPED BITCOIN Following the chaos around FTX collapse in recent weeks, speculation is now rife around the Wrapped Bitcoin (wBTC) depegging from the Bitcoin price. The rumors suggest certain wBTC is missing as it belonged to Alameda Research. The price of Wrapped Bitcoin (WBTC) should maintain a value of 1:1 with Bitcoin as the project developers claim that...

18:31

JoelWarby

Who are Silvergate? 
They are a crypto bank and much of their business is from large crypto investors who use Silvergate as a middleman to buy crypto from exchanges. 

They work with most, if not all major crypto exchanges… including FTX.
 Strong links to FTX & SBF
 Sam Bankman-Freid endorsed them, particularly their “risk management” department… we all know...

JoelWarby

This trade idea is supported by multi-timeframe analysis, trend continuation and market structure. All key components of sound price action trading. Going into the trade setup, Gold is trading "flat" for the day (price is equal to the start of the day). However that doesn't tell the whole story, throughout the Asian session the market traded up and tested one of...

19:53

JoelWarby Updated 

In the early Asian session trading it looks like Gold is respecting a 3 month key level... offering a great opportunity for a high risk to reward trade. These key levels when respected, get huge price momentum and are the catalysts for long multi year trends. Could this be the start of a new one? In our analysis we break down from the 3month to the 15minute...