Market Map – A Psychologically and Temporally Dead Day
1. First: Australia & New Zealand (Sydney, Wellington)
The market opens quietly. Low liquidity. These sessions are usually weak and act as a warm-up for Asia — mostly correction or sideways prep.
2. Second: Tokyo, Taipei, and Seoul (Japan & Korea)
They step in early. There’s some movement but nothing serious. No real momentum, because they know Europe and the U.S. are closed — no one dares to break key levels. Everyone’s cautious.
3. Third: Shanghai & Hong Kong (China)
China enters the game but doesn’t carry the market. They’re too cautious when the rest of the world is sleeping. They just balance things — no bullish fuel.
4. Fourth: India & Dubai
They enter mid-morning. Try to give the market a little push, but no one joins. Any move up without backup is a trap. At this point, we see clearly: this is a bull trap.
5. Fifth: Around 11am Cairo time – normally London opens… but?
London is closed. New York is closed.
Who’s left?
Only Frankfurt, Paris, Amsterdam — small players, can’t carry the global market alone.
It’s like trying to push a truck with no engine.
⸻
What’s the Psychology Here?
The market is frozen — traders are scared to buy or sell.
No market makers. No institutions.
Who’s active? A few retail traders, and some weak-volume bots.
Overall behavior:
• Morning buyers are trying to exit.
• Sellers see no follow-through.
• The market is whispering: “I’m not moving until the big dogs return.”
⸻
Summary Before We Touch Technicals:
This is not an entry day.
This is a psychological reading day.
Price is sitting around 3,330 — that’s a balance zone.
Traders are trying to hold price still.
If it breaks below 3,320, real selling could begin — but not today.
That breakdown will come when London or New York reopens.
⸻
Technical Analysis (After the Psychology Is Clear)
• Overall Trend: Sideways with a bearish tilt
• Momentum: Price is above momentum level, but it’s a trap
• Volume: Very low — 168K vs. normal 540K
• RVOL: 0.31 = nobody home
• Candle Structure: Rejection candle — long upper wick = failed breakout
⸻
Trading Plan
Sell Stop Order (Pending Order)
Trigger at: 3,320
Stop Loss: 3,355
Take Profit: 3,255
Only when the market wakes up (after holidays).
⸻
That’s the story. That’s the psychology. That’s the plan.
1. First: Australia & New Zealand (Sydney, Wellington)
The market opens quietly. Low liquidity. These sessions are usually weak and act as a warm-up for Asia — mostly correction or sideways prep.
2. Second: Tokyo, Taipei, and Seoul (Japan & Korea)
They step in early. There’s some movement but nothing serious. No real momentum, because they know Europe and the U.S. are closed — no one dares to break key levels. Everyone’s cautious.
3. Third: Shanghai & Hong Kong (China)
China enters the game but doesn’t carry the market. They’re too cautious when the rest of the world is sleeping. They just balance things — no bullish fuel.
4. Fourth: India & Dubai
They enter mid-morning. Try to give the market a little push, but no one joins. Any move up without backup is a trap. At this point, we see clearly: this is a bull trap.
5. Fifth: Around 11am Cairo time – normally London opens… but?
London is closed. New York is closed.
Who’s left?
Only Frankfurt, Paris, Amsterdam — small players, can’t carry the global market alone.
It’s like trying to push a truck with no engine.
⸻
What’s the Psychology Here?
The market is frozen — traders are scared to buy or sell.
No market makers. No institutions.
Who’s active? A few retail traders, and some weak-volume bots.
Overall behavior:
• Morning buyers are trying to exit.
• Sellers see no follow-through.
• The market is whispering: “I’m not moving until the big dogs return.”
⸻
Summary Before We Touch Technicals:
This is not an entry day.
This is a psychological reading day.
Price is sitting around 3,330 — that’s a balance zone.
Traders are trying to hold price still.
If it breaks below 3,320, real selling could begin — but not today.
That breakdown will come when London or New York reopens.
⸻
Technical Analysis (After the Psychology Is Clear)
• Overall Trend: Sideways with a bearish tilt
• Momentum: Price is above momentum level, but it’s a trap
• Volume: Very low — 168K vs. normal 540K
• RVOL: 0.31 = nobody home
• Candle Structure: Rejection candle — long upper wick = failed breakout
⸻
Trading Plan
Sell Stop Order (Pending Order)
Trigger at: 3,320
Stop Loss: 3,355
Take Profit: 3,255
Only when the market wakes up (after holidays).
⸻
That’s the story. That’s the psychology. That’s the plan.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.