Major fundamental news affecting The PriceFundamental news in the forex market provides the greatest energy for price movement. Only often these movements are unpredictable.
I have a news trading strategy in my feed titled "How to trade The News Correctly" ,
I recommend it to study if you have an aggressive trading style and want to earn even more on news
1)
Employment figures
The most important news event that all speculators and investors are guided by
is non-farm pay. This news event increases several times, at the time of the news
release, the volatility of the main instruments on which traders earn. The NFP
usually comes out on the first Friday of every new month.
2)
Balance figures
An indicator characterizing the difference between the value of
exported / imported goods and services
3)
Speeches and minutes
Last mention of key speeches and minutes such as ...
1) DOMC Statements and Press Conferences
2) Voting on MPC ratings and speeches by the Governor of the Bank of England
3) Press conferences of the ECB and speeches by the President of the ECB
4)
Retail Sale figures
the indicator characterizes the strength of consumer demand. Its growth indicates
an increase in the production of goods, a strengthening of the economy and currency.
Included in the calculation of GDP
5)
Consumer Price Index (CPI)
Reflects the shift in the cost of core consumer goods and services
6)
Expected and Forecasted Figures on the way out news
1) Positively affects the strengthening of the currency when the actual
figures after the release of the news turned out to be better than the predicted ones
2) Badly affect the strengthening of the currency when the actual numbers
are worse than expected
7)
Any kind of news that is spoken during these events has a very strong effect on all
foreign exchange and not only markets. Traders navigate and trade depending on
how they think a certain currency of the respective country can react.
❗ ❗ ❗ Constructiveness in trading: follow the news when trading and try not to open orders for half an hour, at the time of release and after the release of news for half an hour ❗ ❗ ❗
NEWS
How to trade The News Correctly Trading strategies on news for many traders play an important role, since one news can take a very good movement, it is important to observe the nuances of such strategies.
The essence of the strategy is to catch the movement and make money at the moment of the release of important news, becauseof which, most often, the volatility of the instruments we are interested in increases significantly, and it does not matter from the direction where the price will go.
NUANCES:
1) the entry point is located outside the range, in which the price was moving before the news was released
2) place two identical deals at the same distance in different directions
3) do not forget about stop loss
4) do not forget to set take profit
What a trader can get by trading on the news
1) At high volatility , slippage can be obtained. At such a moment, the trader can get both a larger loss than the planned one, or a smaller profit, and quite the opposite. More often slippage is bad for the trader's account
2) False breakout, which can deceive you and give you a loss
3) Bad work of the broker, usually if you use the services of "Kitchen". they "process" a lot of traders on the news in their favor.
What news is it permissible to trade such a strategy on:
Important news:
🔼 NFP
🔼 Retail Sales
🔼 Trade Balances
🔼 CPI
🔼 FOMC
The movement that a trader can pick up can be up to 50-70 points in some currency pairs.
What currencies and why
🔼 EUR/USD
🔼 GBP/USD
🔼 USD/JPY
These are the most traded currency pairs in the world, gold is not taken into account, the expected movement in these pairs can be up to 50-70 pips.
Important to remember ❗ :
🔼 These are the most aggressive strategies
🔼 You, during the news release, have no advantages, without this it is difficult to win
🔼 And it is best not to trade before and after the news release for at least half an hour.
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
How to trade The News Correctly Trading strategies on news for many traders play an important role, since one news can take a very good movement, it is important to observe the nuances of such strategies.
The essence of the strategy is to catch the movement and make money at the moment of the release of important news, becauseof which, most often, the volatility of the instruments we are interested in increases significantly, and it does not matter from the direction where the price will go.
NUANCES:
1) the entry point is located outside the range, in which the price was moving before the news was released
2) place two identical deals at the same distance in different directions
3) do not forget about stop loss
4) do not forget to set take profit
What a trader can get by trading on the news
1) At high volatility, slippage can be obtained. At such a moment, the trader can get both a larger loss than the planned one, or a smaller profit, and quite the opposite. More often slippage is bad for the trader's account
2) False breakout, which can deceive you and give you a loss
3) Bad work of the broker, usually if you use the services of "Kitchen". they "process" a lot of traders on the news in their favor.
What news is it permissible to trade such a strategy on:
Important news:
🔼 NFP
🔼 Retail Sales
🔼 Trade Balances
🔼 CPI
🔼 FOMC
The movement that a trader can pick up can be up to 50-70 points in some currency pairs.
What currencies and why
🔼 EUR/USD
🔼 GBP/USD
🔼 USD/JPY
These are the most traded currency pairs in the world, gold is not taken into account, the expected movement in these pairs can be up to 50-70 pips.
Important to remember ❗ :
🔼 These are the most aggressive strategies
🔼 You, during the news release, have no advantages, without this it is difficult to win
🔼 And it is best not to trade before and after the news release for at least half an hour.
How to deal with News ?How to deal with news :
Good trader should look at news as a secondary factor not a main factor !!
The main factor is Technical Analysis on chart
If you dont know the reasons of buying a coin you will exit at lose !
the main rule: buy the rumors sell the news
TAKE CARE IF...
1- alot of Positive news + price is high
Because most of times market makers will start sell on you while you in FOMO 📈
2- Alot of negative news + price is low = market makers will buy your coins at lowest price and you sell your coins at big loss and exit from market completely 💀
3- pump and dump groups they will spread news which serve their interest and you will be the loser ...dont follow them !
Of course there is some good news that can help you like coins network upgrade...etc you can mix it with TA for a good results
(Take the news from trusted resources )
Dont forget to like my ideas for more good calls and analysis
XAUUSD - How I caught 580 pips on Gold almost zero Drawdown💰💰Hello Traders😃
I have decided to make this educational post on a trade I took on the 5th of may which took profit after NFP✅
I believe there is a struggling trader who may be having difficulties putting it all together and creating a simple trading plan.
The first thing to remember is that trading is probabilities so we try to get as many reasons as possible in our favor before placing any single trade
If you see most of my ideas I highlight if a trade is medium probability or high probability and it’s mostly backed by these factors,
The more factors in my favor, the higher the probability ⚜️
In this trade I simply used these 5 reasons to get on this trade and all criteria was met perfectly.✊🏽
You don’t need a magic indicator or a lot of lines on your chart to be profitable
Remember simplicity is the key 🔑
Just these 5 factors helped me to secure 580 pips on a single trade with a healthy risk to reward too.😊
I caught a similar trade on the 15th of April which I’ve linked below and you can see the factors above
Keep things simple and repeatable♻️
God bless you😊
I wish you all a profitable trading career
Slick⚜️
Archegos Capital: The Death of a Beached WhaleWhat is a Whale, and Why is Archegos Capital One?
Archegos Capital is what's called a "whale," meaning it's a big enough hedge fund that it can drive prices higher all by itself. Since a lot of traders buy "momentum" stocks, whales can make money by manipulating prices higher and then selling to "dumb money" that buys momentum stocks without regard to fundamentals on the assumption that the stock's momentum is some kind of meaningful signal about the company's health.
Archegos seems to have been doing this for a while now, and it's been doing it largely with borrowed money. Archegos had about 500% more money in the market than it actually has in assets. (We call this 5x leverage.) This money was concentrated in just a few highly overvalued media and Chinese stocks-- ViacomCBS, Discovery Media, Baidu, Tencent, VIPshop, GSX, Farfetch, IQIYI, FUTU, and UP Fintech.
What is a Margin Call? How Archegos Got Beached
Lately, the winds have been shifting and traders have been abandoning overheated "momentum" stocks in favor of defensive value plays. Archegos has been feeling the pain. Then ViacomCBS-- one of Archegos's largest holdings-- announced that it would issue a bunch of new shares. This caused the stock price to drop. The sudden sharp reduction in Archegos's value put it over its borrowing limit and caused its lenders issue a "margin call," demanding that it sell shares to cover its debts.
Because Archegos's holdings were so concentrated, its selling triggered a chain reaction. The prices of its main holdings plummeted, causing more margin calls and more forced selling. As a result, Archegos Capital has lost some $33bn in the last 3-4 trading days. The unwind has been spectacular to watch. Its main holdings are down 15-50%. (Archegos also apparently had short positions in the S&P 500, which is why the S&P shot higher as the fund unwound those positions in the last hour of trading Friday.) Rumor has it that Archegos may still have some $20bn of positions left to unwind this week, including a couple billion in ViacomCBS.
Archegos CEO Bill Hwang is an evangelical Christian (trustee of Fuller Theological Seminary, among other things) who publicly attributes his investing success to his faith. He also pleaded guilty in 2012 to charges of insider trading. He reminds me a lot of ARK Invest CEO Cathie Wood, another whale fund leader who talks a lot about faith. I hope Cathie's investors are taking notes.
Along with the GameStop fiasco, this is the sort of activity you see at major market turning points. What has worked for years suddenly stops working. The tide goes out, leaving bad bets and price manipulation schemes exposed on the beach.
As the Momentum Tide Goes Out, Beware Leverage and Concentration Risk
The Archegos story dramatically illustrates two different points.
First, the market is losing faith in "momentum" as a technical signal, at least until prices correct quite a bit.
And second, leverage and concentration pose a significant market risk. Market crashes require forced selling, and forced selling requires leverage. Overall margin debt is now at an all-time high of $813 billion, according to FINRA data. That's up from $479 billion this time last year. That means that risk is high, and we could see more interesting margin call events if hedge funds fail to learn their lesson from this.
📚 The Beauty of Combining Technical & Fundamental Analysis 📚What is Fundamental Analysis?
Fundamental analysis is a way of looking at the forex market by analysing economic, social, and political forces that may affect currency prices. The idea behind this type of analysis is that if a country's current or future economic outlook is good, its currency should strengthen (Baby Pips - www.babypips.com)
What is Technical Analysis?
Technical analysis is the study of historical price action in order to identify patterns and determine probabilities of future movements in the market through the use of technical studies, indicators, and other analysis tools (Forex.com www.forex.com)
Technical analysts look for similar patterns that have formed in the past and will form trade ideas believing that price could possibly act the same way that it did before.
From the chart above, you can see how key fundamental news created incredible volatility in the market but the underlying technical analysis was still intact. From this, we can gather that although fundamental analysis is important, technical analysis is just as important.
See charts below to identify how we could have traded the key fundamental moments over the past few years.
See links below for more trade ideas and in-depth analysis!
📚 The Beauty of Combining Technical & Fundamental Analysis 📚 What is Fundamental Analysis?
Fundamental analysis is a way of looking at the forex market by analysing economic, social, and political forces that may affect currency prices. The idea behind this type of analysis is that if a country's current or future economic outlook is good, its currency should strengthen (Baby Pips - www.babypips.com)
What is Technical Analysis?
Technical analysis is the study of historical price action in order to identify patterns and determine probabilities of future movements in the market through the use of technical studies, indicators, and other analysis tools (Forex.com www.forex.com)
Technical analysts look for similar patterns that have formed in the past and will form trade ideas believing that price could possibly act the same way that it did before.
From the chart above, you can see how key fundamental news created incredible volatility in the market but the underlying technical analysis was still intact. From this, we can gather that although fundamental analysis is important, technical analysis is just as important.
See charts below to identify how we could have traded the key fundamental moments over the past few years.
See links below for more trade ideas and in-depth analysis!
What to do around Major Economic News?Generally, price action traders believe that price discounts every factor that may influence a security's price.
But you should Not Ignore Major (High Impact) Economic News Announcements like:
Interest Rate decisions, Non-Farm Payroll, FOMC, Crude Oil inventories, and so on...
REASON:
- If you did take a trade in line with the result of the economic news release you stand to make a lot more money in a very short period of time.
- But if your trade direction was against the news, you can walk away with all your profits wiped out or even a loss, and the loss can be huge because markets can move so fast during that period that your stop loss might not get triggered; so you end up losing much more of what you intended to lose.
WHAT TO DO?
As per my trading plan, I check the news calendar every Monday, and before the news release, I follow the table as per the picture above.
Always think in terms of Risk vs Reward.
For example:
I always target (+2R) double the stop loss size and let's say my trade is floating around +1.8R
If the news was in my favor, I would earn that extra +0.2R
But if the news was against my trade direction, I would lose the 1.8R
In this particular example
Risk (losing 1.8R) >>> Reward (earning extra 0.2R)
so I close the trade before the news release and book that +1.8R
All Strategies Are Good; If Managed Properly!
~Rich
How To Follow Earnings and News From Your ChartIn this video we show you the basics of following earnings and news from your chart. This is especially helpful for equity investors and traders, but it also applies to those interested in crypto, forex, and futures because you will learn how to follow breaking news directly from your chart. All TradingView members have access to high quality news by clicking the News icon 📰 on the right-side toolbar.
Here are the three key features we cover in this video:
1. Read breaking news about any ticker symbol by clicking the News icon 📰 on the right-side toolbar. This news is real-time and will update instantly when big events happen. Additionally, the news will automatically update and reflect the ticker on your chart. When big price movements happen, open your newsfeed to see what's happening.
2. You can chose to show the Earnings icon on your chart. This Earnings icon will reveal when a company reports earnings and some basic facts about that earnings report including date and EPS estimates. To show or hide your Earnings icon right-click on the chart, click Events, and then select "Show Earnings on Chart."
3. The Earnings Calendar 📆 is a way for you to see who is report earnings, when, and what their EPS Estimates are. Never miss another earnings report. Open your Earnings Calendar daily and quickly scan for upcoming reports so you don't get caught off guard. In the Calendar you can also see upcoming Economic Events. Pro tip: we also have a dedicated Earnings Page that gives you even more details into upcoming earnings.
We hope this video helps you get started with earnings, news, and other events! Please leave any questions or comments below. Our team appreciates your feedback, support, and questions.
Why does technical analysis work?Introduction
If you're here on TradingView, it's probably because you believe that charts and technical analysis can give you an edge in the trading of currencies, metals, cryptocurrencies, and stocks. Granted, sometimes technical analysis doesn't work, but it works often enough to keep hundreds thousands of traders coming back here day after day. The larger question is why .
Four Reasons Technical Analysis (Sometimes) Works
To a fundamental trader like me, technical analysis can sometimes seem like voodoo. Why should lines on a chart tell me anything useful about the total value of future dividends and cash flow for a stock? I admit I especially roll my eyes at Fibonacci ratios. Personally, I feel they're about as scientific as using divination or horoscopes to buy and sell stocks.
But then again, if a lot of people believed that their horoscopes could help them win at stocks, you'd be a fool to ignore them. In fact, you could then gain a large edge by using astronomical data to forecast future horoscopes, getting tomorrow's horoscopes today. Which brings us to the first and most basic reason that technical analysis works:
It works because people believe it works. If a lot of traders believe that Fibonacci ratios apply to stock markets, then a lot of traders will set their buy and sell orders at significant Fibonacci retracement levels. And then there's another whole contingent of traders who don't believe in Fibonacci numbers, but they know that lots of other people do, so they set their buy and sell orders there anyway. It becomes a self-fulfilling prophecy. Active trading is largely about predicting what other traders will do, and technical analysis is their playbook. And predicting other people's behavior brings us to the second reason that technical analysis works:
It works because human psychology follows patterns. For instance, trend-following strategies might work, in part, because of "bandwagoning" and the "Fear of Missing Out" (FOMO). If traders see their friends getting rich off of Tesla or Bitcoin, they will fear being left behind. Speculative enthusiasm cascades through social networks until it has saturated them and everyone is leveraged long to the gills. Only when there's no one left to convert does the momentum finally stall. (Wall Street traders often quip that when their barber starts giving them stock tips, the market is saturated and it's time to sell.) As for support and resistance levels, they work partly because of regret. People remember the price they paid, or the price they wish they had paid, and that memory then shapes their behavior. For instance, if traders remember that they missed several opportunities in 2020 to buy an SPY dip to $323, then they are more likely to buy that level in the event of a future dip. What about oscillators? Well, perhaps humans distrust anything that moves too fast. Even if I'm romantically interested in someone, I'll still pull back if she proposes marriage on the first date. Plus, humans are loss-averse, so at some point we like to lock in gains.
It works because it takes time for the market to fully price in news . The advent of algorithmic trading has made it hard for traders to gain an edge by reacting to news events. Stock prices move fast the moment a headline hits, so by the time you see it, you may already be too late. That said, algorithms are pretty good at picking the direction a news event should move a stock, but not necessarily the magnitude . The initial fast news response is often followed by a slow news response as the information spreads through the human population and its implications are assessed and priced by human traders. Trend-following strategies may be able to pick up on these slower processes of repricing in light of news.
It works because today's news begets tomorrow's news . This is probably the most underappreciated of all the reasons that technical analysis works. Good news often leads to more good news. If a company posts a large positive earnings surprise, then there's also a good chance that it will get a dividend raise, analyst upgrades, or upward revisions of future estimates in the days or weeks to come. Likewise, bad news often leads to more bad news. For instance, if the company posts a negative earnings surprise, then there's an increased chance that it will need to take on debt or issue shares to sustain operations in the future. The same principle applies to industry-wide or even economy-wide news. If, for instance, the state California bans a company's product, then there's an increased chance that other states will follow suit. And if the Federal Reserve cuts or raises rates, then the next rate change is likely to be in the same direction, because Fed policy goes in cycles. The news-begets-news principle means that trend-following strategies might work, in part, because they are detecting the current direction of the news cascade.
Three Reasons Technical Analysis Sometimes Doesn't Work
I should emphasize, however, that technical analysis doesn't always work! Here are a few reasons it might not work sometimes:
Traders try to anticipate signals . The larger the number of people who know about a trading technique, the less well it works. Take supports and resistances, for instance. If I expect the rest of the market to buy at a particular Fibonacci or moving average level, then I might place my own buy order just above that level in an attempt to front-run everyone else's move. If enough people do this, then the price may not ever actually reach that level.
Whales create fake signals in order to harvest profits from technical traders. For instance, if a whale knows that a lot of people have stop loss orders set at a particular support level, then the whale might short a stock to that level in order to trigger all those sell orders, causing a price collapse and an opportunity for the whale to buy shares at a cheaper price.
Timing risk. Sometimes you can correctly identify the direction of the trend but still have bad timing. For instance, we're in an interest rate-cutting cycle by the Federal Reserve, which has caused a strong upward trend. But the reality is that we're probably near the end of that cycle. If the Federal Reserve suddenly changed its tune tomorrow and started forecasting rate hikes next year, it would take some time for that information to be fully reflected in slow-moving technical signals, and you could lose a lot of money if you sell only after those signals change. It's perhaps best, then, to have a good understanding of what's driving a technical trend so that you can get out early if you see the underlying drivers change.
Economic, sociopolitical, monetary news. Issue No 9.Crypto heavy this one is. 3 out of 6 about blockchain, 3 out of 5 really I always make 1/6 a useless / just for fun one.
1- Bubba Wallace does not manage to finish the NASCAR All-Star Open race and finishes 21 out of 21.
***********************
Here's the for fun one :)
Bubba Wallace that is now famous for being the victim of a door handle which he thought was a racist noose continues to have difficulties racing.
He received a lot of support, alot of attention way more than the podium, and has gotten lucrative contracts for pretending to be black (he is light brown with a caucasian skull).
I'm curious to find out if alot of people bet on him now that he is famous, screwing the odds and giving smart money free money?
That's 21st century US culture. A decade ago cartoons and comedy shows were mocking the "every one is a winner" in schools.
No competition because "it hurts the kids feelings". And now you have losers acting the way they do and even get rewarded for whining and acting like complete victims.
Anyone that thinks this is conductive to progress, to growth, is so delusional it's not even funny. Losers don't create growth.
2- Lagarde calls the Eurozone uncertain & urges UE leaders to keep delaying the inevitable, FED members call for targetting inflation above 2% "to make sure"
***********************
Since the renaissance (after the secular decline of the 1300s) in Europe there is a major crisis and wars about every 100 years. China has the same pattern too. Always always it is accompanied by a very big number of deaths.
You can read more about it here:
www.economicreason.com
And here:
Made an idea about past global currencies
Wars change. 1000 years ago I can think of wars as being castle sieges. Lots of mostly naval wars. Then there were the open field wars during Napoleon (isn't that what ancients had too?). Then trench war. Then Blitzkrieg. Then Urban wars (and jungle guerilla wars).
Maybe the current transition war already started and it is an urban & information & cyber war?
Information wars have the weakness of only being efficient on idiots, but fortunately this is the majority of people :)
But ye of course, as usual the people in charge which in our capitalist society are bankers, think they can stop the inevitable.
Or maybe they know they cannot stop it only delay it and they are trying to push it (while making it bigger) to the next generation?
Lagarde to put it in simple words told UE banks to keep the money bazooka active because "it's not yet over" (hahaha!).
A FED president and a governor board member have said that they want to activate the money bazooka to keep the inflation above their 2% target to make sure.
Japan tried this, the magical money ended up in deposits making some bankers very rich, but it was not used so no inflation created.
My guess will be that there won't be big inflation, stocks will go down, and of course debts will get bigger.
But either way some number on a computer don't change what will really happen and that is a depression and major crisis.
3- G7 FATF published a report about So-called StableCoins and they want to regulate those
***********************
Since those are attractive to criminals and terrorists to launder their proceeds of crime and finance their terrorist activities, and can get big, and are an obstacle to their banker ran global new world order cryptocurrencies to control the world - oh wait they don't mention that part ;)
They say if I got that correctly that at the time they do not want to create a special entity to oversee those so-called stablecoins but they worry that (as always) they can grow at a very fast pace and they won't be able to react in time (they never do).
Like regulators and politicians ever predict anything. At least they are aware of their pathetic inability to prepare in advance for anything.
Whole report here:
www.fatf-gafi.org
4- Bill Gates, Rockefeller and friends want a centralized cryptocurrency to control money & vaccinate people
***********************
I'm tired of these sociopaths. Hey how's Bill Gates genius idea of leaving microsoft to start a new massive business of collecting rare pepe jpegs going?
What a smart visionary guy wow. We should listen to him he created of his own idea the mega multi trillion corporation of images on the internet!
Talk about shame. Should have sticked to his specialty of being at the right place at the right time, stealing others ideas and getting lucky.
A "biometric ID" that contains vaccine info (population reduction remember) and serve as a payment system is soon to be tested in poor regions of Africa (yes I know this is not very specific very funny).
MasterCard that recently banned plenty of right wing people for not being brainless faceless consumers thinks that their power is not big enough, and would like to remove cash completely, so whoever rules the population can have total control.
MasterCard has joined the Gates GAVI alliance (The Vaccine Alliance) in this endeavor.
Planning to continue the work that big communism & socialism promoters Rockefellers started over half a century ago.
This ID testing will allow them to make progress towards their vaccine goals as well as their "World Beyond Cash" goals.
Correct me if I am wrong but their big focus at the moment will be to keep track of covid-19 vaccination.
The worse regions of Africa are plagued with rabies, tuberculosis, flesh eating bacteria, ebola, marburg, smallpox, the dengue fever, diarrhea, malnutrition, so makes perfect sense to spend billions to vaccinate kids against a common cold with a 100% survival rate among children and 99.7% on a population with an average age of 50.
5- Blockchain adoption: Singapore MAS successfully finished tests on crypto prototype Project Ubin
***********************
Yet another central bank (Monetary Authority of Singapore) that completes its cryptocurrency tests.
Their blockchain can support several currencies.
They went much further than the french banks that only testing sending and receiving a bond.
They conducted tests in 4 use cases:
- Capital markets. Equities, bonds, loans, and more.
- Trade and Supply Chain Finance. Tracking goods, trade (pay if delivery), using escrows and other fancy words.
- Insurance. They used the blockchain as a slow ineficient database to track insurance information and claims.
- Beyond financial services. Salary: After HR validates hours a smart contract sends payment instructions. As well as automatic advertising.
www.mas.gov.sg
6- Black man that was applauded for calling whites untermensch compared jews to termites. And doubles down
***********************
Some hollywood/media guy violently criticized whites and the crowd cheered, but then he compared jews to termites (lol).
Or maybe it wasn't him calling them termites I don't even know. Nick Cannon is the name.
Every thing he said exactly isn't that important.
The fun part is he said jews had all the power and all sorts of conspiracy theories and then he got fired and cancelled and every thing big display of power xd
I am sure this will change every one mind.
He kneeled and explained why he was wrong and that he was sorry, but I think he doubled down on some of the things he said.
Regardless, now plenty of blacks have said they agreed (unsurprisingly, told you this would happen in my "collapse of the United States" ideas I think).
Blacks that the media pushed towards hating whites and are partially allowed to hold hate speech are getting anti semitic, no one told them they could be racist EXCEPT towards jews, so what did you expect?
This proves the conspiracy theories about all controlling jews are wrong, see?
Because if there was a mastermind jewish conspiracy, no way they'd be as stupid as to shoot themselves in the leg like this.
Q.E.D.
Jews have been the scapegoats of choice for thousands of years. Every depression, every plague, jews jews jews.
The media used to demonize muslims alot, now it's whites, also blacks being constantly provoked and getting angry could be a scapegoat (if they get alot of reparation money and there is a mighty depression).
So you'd want to bet right now that either whites or blacks will be the scapegoats.
Naaaah. I'll go with the safe bet. What has repeated itself forever, now that's a sound investment. All my chips on jews being persecuted during the great depression of the 2020s.
Don't change a winning team 👍
Special Analysis for EUR/USDin this technical analysis as education, we see an EUR/USD in long term very bullish. Why? Because there:
If you keep watching up, we are in the strong support and a possible formation of Bat armonic pattern bearish or double top, as you want to see, maybe it's has for me a double top, and very strongest because in the past in the accumulation of 2014-2017 we having a bullish trend until the 2018. But, so, we are in the possible bull run to form in long term, because indicators in the RSI show us a bullish divergence in Monthly, and this is a good indicator for this currency EUR. I see an Euro very optimistic their economies and there are a good indicators so what EUR is could be the strengthen in the long term.
In weekly, we have a very curious patter, because we are from August 2018 in the descendent and bearish channel from $!.17 USD from $!.06 USD, and then, in the RSI if you see, we are having in the ascendent channel in the RSI, and then, it's a good indicator what the force is strenghten on the price action. Also, as we broke up the descedent channel, we can to see a possible proyection and target again from the level of $1.24 USD. So, that it's a study of elliot wave analysis so we need to recover this information to take in our hand.
And Daily in midterm, we proyect a drop until the $!.11 USD to later of the elliot wave analysis, we need to see an Euro bullish in this bull run of 2020. And also, I detect a hide bearish divergence and it's very neccesary to the price drop in that zone as I estimated in my previously technical analysis. Also i added in my link of related ideas a updates of EUR/USD so recently from yesterday
That my friend, is all my technical analysis in Moonthly, Weekly and Daily timeframe, my expectative of the Euro is that I see that currency in the bull run agains the US Dollar.
Nasdaq100 Apple fundamental newsWhat happens when the price reacts during the open?
Today during the Asian session open - Nasdaq had a gap down, this is due to
"Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter because of work slowdowns and lower smartphone demand, showing that the virus outbreak in China is taking a bigger-than-predicted toll on one of the world’s most valuable companies" Cite: Bloomberg
This caused the trendline to also automatically break to the downside.
We drew a new zone as it is fresh in line with other wicks on the 4 hour.
The trend i still bullish, however awaiting London session to see if the price reacts to the failed gap fill in the Asian session.
Fundamentals provide a highly likely scenario in times like this. Supply and demand still applies, this just causes a trader to react appropriately.
Websites That Should be on Every Online Trader's FavoritesAll comments and likes are very appreciated.
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Making a good investment and trading choices requires extensive market research and investment education. If you use or are interested in using an online trading service to start playing the market, it is imperative to take a substantial amount of time keeping abreast of market trends and stock exchange news.
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Macroeconomic Data:
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Financial News Websites:
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news.sky.com
Central Bank Websites:
www.ecb.europa.eu www.federalreserve.gov
www.bankofengland.co.uk
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www.rba.gov.au
www.rbnz.govt.nz
www.snb.ch
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I0_USD_of_Warren_Buffett
USDJPY – Buyers became leaders at the momentUSDJPY – Buyers became leaders at the moment
Trend: Strong Buy
Support/Resistance:
R2: 110.295
R1: 109.718
S1: 109.049
S2: 108.803
S3: 107.787
Price action:
In this trade idea, you can see how buyers were pushing price without any swing/denial by sellers. Actually buyers break sellers, before sellers were able to handle position at level 108.803. So buyers has to maintain above first support level at 109.049, to lead price higher to next Bulls targets.
Potencial trade idea:
Bulls targets:
T1: 109.718
T2: 110.295
NOTE – We are trading USDJPY via the preferred trading setups
ELITEFXACADEMY
How to be a Successful Forex Trader Segement 8Trading before News
News is a fact of Forex trading and while their are several ways to trade the Actual release and it's aftermath, today I want to focus on trading before the News. Understand that the decision to enter the market before News is a conscious one and you don't have to do it. Prime examples are days where interest rates, for a currency you contemplating trading, or Non-Farm payroll are being released. if you intend on trading before news, you must determine whether you are going to stay in the trade during the release or get out. Personally, I usually do not trade on UK interest rate days because the market, at some point, tends to go flat ahead of the release. I certainly do not want to be in the market at the time of the release. The reason is simple, I have no control!!
My methodology is based upon high probability trades with tight stops (20-30 pips). Having a position on at the time of the release gives up both my probabilities and my stops.
there are 3 possible outcomes:
1) if the release comes out against me, I'm toast, I will take a hit 3 to 5 times what I plan on (as most of you know slippage will cause the stop to be disregarded and or executed at the extreme of the move).
2) it comes out as expected, the trade may be okay but the market may whipsaw and with an expected widening spread, might get taken out anyway.
3) if the news comes out in my favor, I may still get taken out by either a quick whipsaw or widening spread or a combination thereof.
How can we make an informed decision on whether to trade or not to trade. In the last segment I talked about documenting and reviewing your trades. I use my documented trades to make my decision. This week, the UK had News releases on Tuesday, Wednesday and Today. On prior occasions, my trades set-ups were not effected by UK employment and retail sales (Tuesday and today's releases) so I opted to trade on those 2 days. yesterday (Wednesday) UK CPI was being released and historically my trades set-ups did not work, so I did not trade yesterday. (which was a good decision).
The last thing you want to do is be in a trade ahead of news and "Hope" that the news bails you out. Far too often I have been bit by that bug. Please don't find yourself in that position.
Just wait their are plenty of opportunities. In the next segment I will discuss how many trades do you need.
I hope you enjoy this post and find it helpful. I would appreciate if you "like" it and follow me :)
Stay Green my Friends :)
Allen
UNH selloff offers an important reminder about earnings playsThis morning I read UnitedHealth Group's earnings report and purchased some shares at about yesterday's closing price. The report was extremely positive. UnitedHealth not only beat analyst estimates, but also raised its guidance for the rest of the year. Ordinarily these results would get a big pop, but instead the stock promptly sold off to the tune of 2-3%.
This offers me an important reminder about something I knew, but had forgotten: it's not just the content of the earnings report that matters, but also the recent price action.
UNH had gained steadily for 2 months and popped 5% a few days before earnings, which implies that investor expectations were higher than analyst estimates. In fact, it's possible that the earnings result leaked early, and that this was a case of investors buying the hype and selling the news. Regardless, UNH was overbought and sitting at strong resistance level going into earnings. It didn't have a lot of room to run, so instead it corrected downward. It's still in an upward channel and should post some gains in the coming week.
By contrast, Chewy's share price has been falling recently, and after hours today it's popping despite missing analyst estimates by 1 cent per share. This suggests that investor expectations for Chewy were lower than analyst estimates. (It also shows how good a job Chewy's PR people did at framing its disappointing results in terms of a positive year-over-year improvement in the press release.)
Reading NEWS Daily would make you a BETTER Trader Overall!Well, there are three types of traders we can come across and all of them believe their method of trading yields them profits, be it using only indicators and price action (Technical analyst) or reacting to news whilst trading (fundamental analyst) or trading according to market sentiment (sentimental Analyst)!
In most circumstances we can only see that some traders lets take for instance technical analysis traders, they only perform their trades based on analysis of the charts by using patterns and indicators!. While there may be few traders who combine Both fundamental and technical analysis to execute their trades, most of them do NOT prefer to do this method particularly as they believe "its take a lot of effort to combine these two techniques which would eventually result in executing less trades when compared to using single method!"
Whereas the above statement holds true, it can also be fairly said that the combination of the three techniques (technical, fundamental and sentimental analysis) gives a trader more confidence and trust in his/her analysis!. Take for example myself, i used to execute around 2 trades daily when i was basing my analysis solely on technical perspective. These days i only execute around 5 trades a MONTH due to i combine all these 3 techniques which gives me more confidence and trust in executing my trades! I also noticed that since my trades are high probability setups, my win rate is way better when i was using on technical analysis alone. These days i hardly do DAY trading as i spend most of the time reading news and chart analysis to find high probability trades on higher time frames (DAILY, WEEKLY & RARELY 4HR). What i have come to realize in all these years is that SWING trading gives me more accurate results and high win percentage. I do NOT expect to double my account in a month's time, but i trade using risk management and just execute enough trades to make what i can without being stress and blowing up my account!
So my advice to all you guys would be to try to combine both fundamental and technical analysis to execute your trades. Here is a big TIP for those that only use technical analysis to execute their trades: TRY TO SPEND 1-2 HOURS A DAY READING NEWS ON APPS SUCH AS INVESTING.COM (BOTH ANALYSIS AND NEWS SECTION), MYFXBOOK NEWS SECTION AND TRADER SENTIMENT SECTION, HAVE A LOOK AT SOMEONES ELSE IDEAS ON TRADINGVIEW.COM If you keep this a habit of reading news and analysis together whilst performing your own too, you will develop a GUT feeling technique that is unique and which will likely tell you where the market is headed prior to you even performing your technical analysis! Its a very special technique but it takes time and habit to develop.
Here we see the main of GOLD (XAUUSD) pair i has a gut feeling would reverse and dip slightly because markets were in RISK ON mood. Now this pair is on its way to form HEAD AND SHOULDERS PAttern which is on the verge of breaking the neckline. Now the pattern is not yet complete because the technically the neckline has not broken, but i have a GUT feeling that it would break soon enough and target the ascending trendline beneath at 1260.000 level.
its a very special technique and i hope some of you could combine them and use it to your greater advantage! Cheers