Sell setup on USDJPY towards potential dynamic support to support downward momentum into strong bullish momentum to the upside creating new period separator.
It's on many traders minds, why are Sellers allowing bullish momentum to the upside with minimal volume and volatility, could these contractions be the driven force behind a breakout to the downside? Lets see how this plays out. Avoid the noise of news through this week, as we identified a pattern of manipulation to distort retail traders approach in taking entry...
When it comes to Stocks, and more specific to US stocks, you have to bare in mind that these companies within the Nasdaq, are the driving force behind economic activity within the US. That being introduced, these stocks have one obligation, and that is to appreciate long term!!! I learned that buying Nasdaq, is way more consistent than that of selling! Use news...
Gold works smooth with Supply and Demand, it is a resource with Commodity terminology , use that as your fundamental bias on direction in terms of price action. Identify these zones. I have learned that Gold in all its excellence will always have two options in terms of going its actual direction. That is why we ALWAYS await patience and let the market play out...
This is a good setup for sell positions in the interim, however be vigilant as this is considered dumb money, this is not the actual bias trend for the upcoming weeks, Big Banks need to accumulate orders for them to place orders, think like them , make money like them. Find the smart money and eat the crumbs that are there for you.
The pound has been showing great signs of bearish momentum, with volatility and volume supporting the downward direction. The Pound is at great supply levels, and we could be looking for long terms sells on the pair. Always look for more confirmation before going into a trade position. Understand the psychological effects and risk is important. Trade long term so...
