ShrewdCatfx

09:14

ShrewdCatfx Updated 

How do we create a Daily bias to organize our trades ideas? After all, we want to implement our trades with confidence so that we can manage them as best we can. A Reasonable daily bias can guide us through the volatility and mayhem of intra-day market behavior. In this video I go through a few hindsight examples and also touch on the current market environment.

05:06

ShrewdCatfx Updated 

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...

10:15

ShrewdCatfx Updated 

Eurusd new monthly candle! The February monthly candle closed a bearish doji candle. This suggests that we may continue a bearish descent from the January monthly engulfing candle. At the same time it appears that price is respecting Weekly level 1.0763 and there is Risk-On Sentiment in the markets following optimistic Cad inflation data from 2 weeks ago....

ShrewdCatfx Updated 

We may observe a Bullish Engulfing pattern on the Monthly timeframe suggesting the creation of a larger range. This range -->> Monthly resistance 0.0415 Monhtly Support 0.0160

09:11

ShrewdCatfx Updated 

The weekly candle will do 1 of 2 things today. It will 1) pull up and continue our bullish momentum from last week ( which is quickly becoming distant) or 2) Retrace back down towards 1.074 weekly level which we bounced strong off last week with optimistic Cad data as our catalyst 0:0 Intro Monthly/Timeframe 0:58 Daily timeframe 3:43 Weekly timeframe 5:43 4Hr...

11:06

ShrewdCatfx Updated 

2 Hours after London Close 2/28/24. Eurusd we observed a wild day of volatility as a large 50 pip bearish move during london session was duly corrected by a Bullish New york session. Price moved away from our Daily resistance level 1.0885 today and pulled back as the monthly candle comes to a closure. This is not abnormal to observe when the monthly candle...

13:38

ShrewdCatfx Updated 

Eur/Usd happily continued it's acscent and bullish market structure played out nicely . Anticpating this bullish move back to retest the high created from last week (1.08566) has been modest. It is possible that we may continue to the upside and retest other key price levels such as 1.08722 and 1.0888. If price breaks below 1.08428 we may drop back into a range...

12:24

ShrewdCatfx Updated 

Eur/Usd! The reaction off 1.08927 was quite dramatic last thursday and friday. Intro/Monthly TF 0:0 Weekly Timeframe 4:05 Daily timeframe 6:29 4hr timeframe 9:29 1Hr timeframe 11:33 Price has retraced and since dipped into a 4hr zone 1.08011. It bounced here on friday and the price action consolidated after that. It is possible that we may observe more sideways...

15:19

ShrewdCatfx Updated 

Hello traders welcome back to another detailed analysis of the Eurusd currency pair. This week was bullish and quite volatile. Cad inflation news on tuesday was a catalyst in my opnion for a chnage of sentiment in the currency markets. At the very least, it sparked decent volume and a selloff in the USD. Leave a rocket if you enjoyed the video and comment for...

11:58

ShrewdCatfx Updated 

Today we can observe the end of the week. Price action was uncertain this during London session. At NY open 1hr candle we recieved a candle closure above the consolidation from London session. This suggests a breakout to the upside as we mirror clean traffic candles to the left and head towards 1.08534. If not, then it is friday and the weekly candle may pull back...

12:42

ShrewdCatfx Updated 

Welcome back traders to another Top-Down Analysis for Eur/Usd. We can observe an increase on EU that began on Tuesday of this week. As the week has progressed we have slowly climbed up to the next Daily Level 1.088. Better than expected numbers for EURO manufacturing data has provided a nice boost of bullish momenutm and continuation for the Eurusd to the upside....

13:59

ShrewdCatfx Updated 

A new week ahead with NFp economic data to wrap things up so excited for whats to come. 0:0 Monthly timeframe 2:40 Weekly timeframe 5:47 Daily timeframe 8:20 4Hr timeframe We can observe the bearish pressure on Eu across the past 3-4 weeks and the start of the new year 2024. The bearish momentum began with the weekly engulfing candle of the first week of the year.

11:11

ShrewdCatfx Updated 

USDJPY dropped dramatically in December. Intro 0:0 Monthly timeframe 0:30 Weekly 5;14 Daily timeframe 6:02 4hr timeframe 7;52 1hr timeframe 10:16 As we near the end of January, UJ has seen an increase. Its' been quite generous. However we must be cautious as UJ looks a bit over-extended. Fridays daily candle suggested profit taking as it closed a shooting star...

ShrewdCatfx Updated 

.1070 was the Monthly support level in February 2022. Price is currently bouncing off this level in October 2023 or 1.5 years later. CFX hit a low in December 2022 at 0.022.

ShrewdCatfx Updated 

2 Consecutive Bullish Months in a row suggest buyers stepping in from the Lows created during Covid Crash at .0976. This crypto offers great Risk/reward back to All time highs at 3$. Catching 1/10 of that move would be great RR

ShrewdCatfx Updated 

BTC has reached a crucial point in which candles appear to be failing around 35K. We must consider potential scenarios to begin the new month of November. In One of these scenarios we may anticpate a retracement to capture fomo liquidity. Fomo liquidity is psychological concept in trading that refers to the chasing of price. New Monthly candle retracement for...

04:28

ShrewdCatfx Updated 

Hey All. Thanks for stopping by to check out the Analysis. Eurusd is approaching the top side of the range (1.1022) and so we must be aware, as we move out of November, that long orders from here may not be the best idea. I know there are traders who are long from the bottom of the range (1.05705) and you don't think they are thinking of taking a 300 pips profit?...

ShrewdCatfx Updated 

💡This is a trade Idea inspired by this past week's bullish pin bar candle closure. The NFP and Inflation data catlyst for a higher timeframe pullback also supports this. Expected reduction in inflation from 3.7% Yoy to 3.6% Yoy during this week's news release also supports this. Two weekly candles holding/closing above 1.054-1.057 supports this. Flipping to...