Long US 5s30 Yield CurveThe US Government Treasury 5Y vs the US Government Treasury 30Y is now back above inverted levels and will continue this path as the FOMC hawkish rhetoric and major policy error will drive the US into a recession this year. It is in our opinion that this trade will move from inversion to +100bp as the FOMC pivots, equity markets falter and the FOMC stops their QT and stops Mortgage Back Securities and US Treasury roll offs. In a fiat fractional reserve system the current set up requires continued fiat printing or QE in order to keep asset prices higher. Also inflation is transitory and stemmed from the fiscal direct payment stimulus post Covid. We will see wage pressure come down, debt service go up and a tighter economic environment. All of this is telegraphed already in leading economic indicators. We believe this trade has a better than 5 to 1 payoff structure, risking -25bp to make 125bp.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS- Trading is risky and may involve leverage, Magnelibra or any of its affiliates are not suggesting in any way to guarantee any profits or against any future losses. Trading should be done by well capitalized and individuals well versed in quantifying risk.
Futurestrading
What do we think of ALICE?Here is a potential long...
I use leverage and do not give financial advice.
Levels are marked on the chart for buy stop/loss and take profit.
So this all depends on Bitcoin, BTC is in a similar situation coming down for a re-test of a previous resistance flipped support...
Also increasing volume and the decreasing price is a negative divergent so that's always good, add in the small strength gain over USD things are not looking too scary.
ICICIGI - ACCUMULATION OR DISTRIBUTION?NSE:ICICIGI
ICICIGI formed a good trading range.
its been consolidating for 25 days now with a total volume of 10.5 Million shares.
Big players are getting it ready for a big move as they are slowly building positions in the stock.
I will watch for a breakout to the one side with above-average volume.
#Breakout levels are marked on chart
Use position sizing according to your stop loss level.
Like this idea if you find it helpful and please share it with your friends.
Keep learning,
Happy trading.
Thank you.
TRADE PLAN 01/06/2023 TP1> If we manage to Trade/Bid above MAIN POC 3863,
we can go for 3830 > 3841 > 3862 (Range POC) > 3878 > 3913.
>To the upside, the level I'm looking it right now is the 3860, that's the POC of those last 13 days, we need to trade/bid above so we can try to break the LIS 3913/3915, where BULLS are losing the battle.
TP2> If we manage to Trade below MAIN POC 3830,
we can visit 3826 > 3800 > 3787 > 3766.
>To the downside, the level I'm looking is 3826 (RANGE VAL), as we are already trading below 3960 12 days POC, so once we confirm below 3824, we have to break lower to find strong sellers to push below 3800, where BEARS are losing the battle.
* We are trading in this 100 points RANGE from 3800 to 3900 levels for the last 13 days or about 2 weeks,
I would say that the market structure are balanced, looking for stronger BUYERS or SELLERS around the VALUE AREAS.
Below is my previous comment from yesterday:.
For now no direction in the markets, just range trades, we should break anytime soon out of this BOX, and I was hoping that today with FOMC minutes we could go search some new levels, out of balance, but...
Mr Market had other plans, so for now lets trade the levels and see how it goes by Friday NFP.
>As we didnt break the RANGE, now its a matter of one single REPORT, NFP by tomorrow 8:30am, there's only one way to make money tomorrow, and the way is to be IN ALREADY !! The movement will be soon, and the TRADE will make it or break it bt 8:30am and will set the tone for the following weeks for a BEARISH or BULLISH continuation.
>I'm using $IWM PUT DEBIT SPREAD with 43DTE for my BEARISH BET, this is kind of a LOTTO PLAY, because the TRADE will be moving a lot in one direction, the advantage here is that if its a fake out UP, I have 43 days to manage and decide what to do with it... If you want to take a trade now, you would have to go with FUTURES, or FUTURES OPTIONS using GLOBEX .
#tradesafe #sizekills #justonemoretrade
ETH SHORT SETUP FROM RETRACEMENTDay's Bias: Bearish
Plot:
Previously a strong drop from a rising wedge pattern made a strong bearish impulse move leaving huge amount of gaps along the way.
Price recently shows bullish momentum on the lower TF signals the retracement within 50 to 61.8% to take out some of the gaps.
Price momentarily consolidates exactly at the retracement area.
Price created liquidity pools and has been taken out.
Today Asian Range has the highest probability of no longer being revisited to continue another bearish impulse move.
After price revisits 50% of the Asian Range multiple times, then creating a displacement leaving small gaps to be revisited before it continues towards the expected direction.
Bearish Pennant 24HR TF Bearish Pennant forming RSI peaking at 50 before news from Fed regarding Job Opening/Manufacturing PMI reports looking at negative inflation reports. Fed Meeting minutes at 2:00PM gives more insight into monetary policy and rate hike forecasts. Labour market strong but might be forced into an Fed induced recession.
Looking for steep correction to recent price action my TP @ 1000$ per ETH.
High volatility expected.
XAUUSDBefore everything 🌟🥰🌲Merry Christmas🌟🥰🌲
I wish 2023 will be the best years of your life
We can see the price how much
Retest on the trend resistance
We have most probability
To break trend resistance and keep rise to next resistance.
KEEP YOUR TRADING SIMPLE.
for more details contact me;
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Price Action Analysis of Corn Futuresas we can see the apparent divergence was shown between April 2021 and April 2022.
followed by a drop-down below 0.236 Fibonacci level.
the price is still moving in a trading range which makes it hard to predict his next move.
Break bellow MA 209 with Big Volume signal a short entry.
Gold offers opportunities for intraday tradersvery obvious that gold has been on a downtrend since March. the trend is moving below MA 209 which confirms the trend.
As long as there is no obvious trend reversal signal, I will only look for sell signals on my daily trading.
By focusing only on selling signals, I will increase my win rate and avoid many losses.
On the weekly chart, the MA 209 is broken and confirms that the trend is bearish.
What do you think? are you only going to sell gold or buy it :)
BTC BREAKDOWNGreetings dear traders, although of late I wish you a wonderful holiday and Merry Christmas 🎄
Tonight over the Asian session BTC fell out of the holiday range and headed down for liquidity to $16554 from where it bounced slightly and we will wait until at least NY today for confirmation of possible entries
XAUUSDThe price come again the trendline.
As you can see and with new year approaching
Will take some small position at the end of year
Liquidity will be low
We will waiting for second retest
At the trendline nd will look for
Some buy postion.
Thanks. and for more ideas dont' forget "Like" and "Follow".
Happy christmas nd happy new year.
LAST CONSOLIDATION BEFORE NEXT BULL RUNMy Idea of consolidation towards next bull run. Best time to Buy and HODL.
ETH and BTC showing tendency of having a pullback soon before finally moving down towards the last consolidation area.
Expecting to see strong bullish formation after taking out previous HTF Low towards the GAP on 3D TF
We could already be at the start of the next bull run very very soon. Probably between March to June of 2023. :)
Time to study the best crypto projects out there.
I think the timing is just perfect, as most of the influencers out there area calling for the next bull run to be in 2024.
Momentarily my bias is a short swing upwards as a retracement of 50% to 61.8% taking out some of the gaps left recently before the continuation towards the last consolidation area.