Gold prices are trending lower, with mixed trends related to theGold prices are trending lower, with mixed trends related to the end of the US Federal Reserve's interest rate hikes. Commodity markets have experienced significant volatility due to a variety of factors, including global economic concerns, weather-related impacts, production forecasts, and speculation related to reserve interest decisions. united states of america. There were signs that the US Federal Reserve's interest rate hike cycle was over, increasing market optimism.
The Fed kept interest rates within its target range of 5.25% to 5.5%, supported by Chairman Powell's comments that met market expectations and stimulated risk appetite. Anadolu Agency reported the decision last week. Various trends are observed in the precious metals sector. Gold and palladium fell 0.6% and 0.3%, respectively, while silver and platinum rose 0.4% and 2.9%, respectively.
In the energy market, Brent crude oil prices fell by his 4.2%, but this decline was offset by his 11.1% rise in natural gas prices on the New York Mercantile Exchange.
Other commodities such as copper, lead, aluminum and zinc also rose in price, in contrast to last week's 1.5% drop in nickel prices.
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THE DXY WILL DETERMINE THE EUR/USD NEXT MOVEFollowing this concept is very easy if you are a WAVES TRADER. DXY is at the final correction of AB. What we should be waiting and looking for is WAVE C to start building up in order to continue the bearish movement for EUR/USD to move in the opposite direction.
Good luck
AUD/JPY SELL LOADING UP WATCHFirst, if you find this idea helpful kindly like and leave a comment don't also forget to follow us
AUDJPY is still looking for the final completion of the WAVE X correction before the bearish impulse move will starts. Traders should look for a way to follow the bear moves after the completion of the WAVE X correction and join the WAVE Y to the downside
5 Strategy - To help you towards your long term Financial Goals!Hello Traders, Newbies & Fellow Friends!
Today I decided to post this Educational & Motivational Post for Everyone to Read!
I hope your Enjoy this Journey with me!
Before we start!
Id like to mention a few Things:
Financial Freedom is Not an amount of money , Its a state of mind!
Trust Your Brain, Not Your Gut - "When things are going well, people think it’s going to be springtime forever,” & “When things are dark and stormy, they think it’s going to be wintertime forever. But I’m a student of history, and it’s always cyclical."
Cultivate Patience - Mastering your finances is just like mastering your mindset—it doesn’t happen overnight. It takes years, if not decades, to see a true transformation. “I think the secret to patience is knowing what your outcome is and focusing on still making progress, It’s about momentum and being a student of what works.”
These five strategies can help you stay on track toward your long-term financial goals:
1. HOME in on what matters!
Be strategic about the financial news that you consume. If you are trading on the Forex Market, there’s no need to check your chart every 10min. You will only drive yourself crazy. Instead, spend those 30 minutes doing something valuable like reading a book or watching a YouTube channel (Global Fx Education) about a financial strategy.
“We’re drowning in information but starving for wisdom,” “The only way to stay strong and centered is to be clear on what you want to serve, stand guard at the door of your mind, and make sure you’re feeding your mind something besides Nonsense. - invest in yourself!!
2. LEARN to be comfortable with risk!
Even the safest trading conditions have a level of risk—tolerating it is simply part of the game. “Risk is the secret to success,” “If you want to succeed at any level— in Forex Market, in your contribution to the world—you have to learn how to deal with this four-letter word.”
Trading should be based on goals and what we’re trying to accomplish,”
3. FOCUS on what you already have!
High achievers always tend to focus on self-improvement!
But if you’re always focused on what’s missing, you’ll never be able to attain true happiness. 𝗖𝗵𝗮𝗻𝗴𝗲 𝘆𝗼𝘂𝗿 𝗺𝗶𝗻𝗱𝘀𝗲𝘁 to focus on what you do have: Perhaps you don’t possess enough money to travel and donate as much as you would like to charity, but you do possess enough to pay for a sizable share of your child’s college For Example. That’s big!
4. DON’T MAKE impulsive decisions.
If you find yourself tempted to make rash decisions with your money, you’re not alone. “Humans aren’t really wired to be great investors; it’s just not the way we are built,” we often make decisions based on emotions or intuition rather than facts.”
5.KNOW your limits!
The world’s most skilled investors didn’t make it big due to one or two lucky investments—they’ve spent their lives learning how to be the best at what they do.!
Like an wise man always Told me - Rome wasn't Built in a Day, Take careful consideration in everything you do.
Notes - Adjust Your Worldview
With the volatility of the Stock market & Forex Market, political division across countries and unpredictability of the pandemic, it can often feel like we’re living during a terrible time in history. But a little dose of perspective can remind us that’s not necessarily the case.
It’s human nature to see things with a negativity bias, But it’s important for Investors / Traders to have an optimistic outlook on the world. “If you accept that it’s a great time to be alive—life expectancy is going up, the population is growing, we’re innovating and we’re getting better every year—then that’s the kind of place where companies / Assets / Markets can thrive,” “And if they thrive, you’re going to do well as an investor / Trader.”
Those who choose to view the world through an optimistic lens will prosper, Remember this - “Some people freeze to death in the winter,” while “Others learn how to snowboard and spend time with their family by a warm fire because they know winter is not forever.”
Thank You All For Reading This Motivational / Educational Post!
I hope it Has changed Your View / Trading Psychology For the future!
I have Left my Previous Educational Posts Below!
Something Great to do today - Like, Share this Post, Leave me a comment Below!
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Fibonacci lesson Explained September 2020Hello Dear Traders, here is the full Fibonacci Tool ( explained) Lesson
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Conditions -
1.Wait for confirmation Before Entry ( @ 61.8 or 38.2) ** Whichever is lined better with Structure**.
2.Use Market Environment + Market Structure for entry.
3. Trade always using correct risk management!
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comment below and ill be happy to help you all For FREE
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NZDUSD NEXT ENTRY, DONT MISS IT :)Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for NZDUSD.
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AUDUSD NEXT ENTRY :)Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for AUDUSD .
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XAUUSD NEXT ENTRY. DONT MISS THIS!Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for XAUUSD .
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XAUUSD Updated! Check it out !Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for XAUUSD .
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EURJPY WEEKLY SWING, WHO WILL FOLLOW ME?Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for EURJPY.
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XAUUSD UPDATED 29 SEPTEMBER Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for XAUUSD .
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EURNZD NEW ANALYSIS!Hi Traders, here is the full NEW Analysis / Breakdown for EURNZD.
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DXY - STRONG FORECASTHi Traders, here is the full NEW Analysis / Breakdown for DXY.
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AUDJPY , NEXT PUSH!Hi Traders, here is the full NEW Analysis / Breakdown for AUDJPY.
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AUDNZD NEW ANALYSIS!Hi Traders, here is the full Video UPDATE Analysis / Breakdown for AUDNZD.
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Xauusd Important Update !Hi Traders, here is the full Video UPDATE Analysis / Breakdown for XAUUSD.
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EURNZD NEW ENTRY, DONT MISS OUT! Hi Traders, here is the full Video Analysis / Breakdown for EURNZD.
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USDCHF Multi Time Frame AnalysisHi Traders, here is the full Video Analysis / Breakdown for USDCHF.
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EURCAD FOLLOW THE TREND Hi Traders, here is the full Video Analysis / Breakdown for EURCAD.
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GOLD / XAUUSD NEXT MOVE! DONT MISS IT!Hi Traders, here is the full Video Analysis / Breakdown for XAUUSD .
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Conditions - (Wait for more confirmation + Break Of Trendline )
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