XAUUSD⚡️FOMC Minutes eyed⚡️❤️MY FOREX TEAM❤️
INFORMATION
Gold price (XAU/USD) holds above $2,000 during the early Asian session on Monday. US economic data suggests inflation is stickier than expected and prompted financial markets to dial back expectations that the Federal Reserve (Fed) would start cutting interest rates in June. At press time, the gold price is trading at $2,014, gaining 0.12% on the day.
💲BUY GOLD 1980-1985 💲
SL @ 1977
TP 1 @ 1990
TP 2 @ 1998
TP 3 @ 2009
💲SELL GOLD 2027-2030 💲
SL @ 2035
TP 1 @ 2020
TP 2 @ 2010
TP 3 @ 2000
Everyone success..👍👍👍
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
XAU/USD holds above $2,000, PBOC rate decision, FOMC Minutes eyed
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
Holidaytrading
Jingle Bulls: Analyzing the E-mini S&P 500's Year-End RallyIntroduction
The Santa Claus rally, a well-documented phenomenon in the financial markets, particularly in the context of the E-mini S&P 500, presents a captivating study of market behavior during the holiday season. This rally, often characterized by an uptrend in the stock market, offers a confluence of joy and opportunity for traders and investors alike. Our extensive analysis will delve deep into the intricacies of this phenomenon, unraveling its significance in the broader market context.
Current Market Overview
Over the past two decades, the E-mini S&P 500 has often mirrored the festive spirit with its performance during the Santa Claus rally. A close examination of the rally's seasonality since 2006 paints a picture of resilience and optimism, with only a handful of years bucking the trend. This pattern sets a compelling backdrop for our current year's analysis.
Technical Analysis of the Santa Claus Rally
The preliminary signs of the Santa Claus rally begin to surface as autumn wanes. The technical indicators in November, particularly the moving averages, RSI, and MACD, provide a glimpse into the market's preparatory phase for the rally. This early analysis is critical in setting expectations and understanding the underlying market sentiment.
December's arrival marks the acceleration of the rally. The daily timeframe charts during this month are a testament to the burgeoning bullish sentiment, with technical indicators aligning to confirm the trend's strength.
A broader perspective is gained through a weekly timeframe analysis, which smoothens out the daily volatilities and provides clarity on the rally's sustained nature.
The monthly timeframe charts link the current rally to the historical market cycles, offering a comprehensive view of the rally's significance in the long-term market trends.
Historical Context and Comparative Analysis
The Santa Claus rally, particularly in the E-mini S&P 500, is not a recent phenomenon. Historical data dating back over the past two decades reveals a pattern of consistent end-of-year rallies. Analyzing these instances, we find that in 14 out of the last 18 years, the E-mini S&P 500 experienced a significant uptick during this period. Notably, the failed rallies often coincided with broader market stressors or significant global events, offering insights into the rally's sensitivity to external influences. This comparative analysis underscores the rally's reliability but also highlights its exceptions, reminding traders that historical patterns do not guarantee future outcomes.
Economic Indicators and External Factors
The Santa Claus rally in the E-mini S&P 500 doesn't occur in isolation. It is influenced by a myriad of economic indicators and external factors. Key among these is the Federal Reserve's monetary policy, which can significantly sway market sentiment. Inflation rates, employment data, and GDP growth figures also play a crucial role in shaping the market's direction during this period. On a global scale, geopolitical tensions and international trade relations can impact investor confidence, thereby affecting the rally. This interplay of factors necessitates a vigilant approach to market analysis, recognizing that the Santa Claus rally is as much about economic fundamentals as it is about seasonal trends.
Market Sentiment and Trader Behavior
The psychology driving the Santa Claus rally is a fascinating aspect of this phenomenon. During this period, a general sense of optimism pervades the market, often leading to increased buying activity. For many traders, this rally represents a culmination of the year's trends and a final push for year-end profits. However, this optimism needs to be tempered with caution. The rally can sometimes lead to overexuberance, resulting in inflated asset prices and increased volatility. Traders should be aware of the potential for a market correction following the rally and should approach trading during this period with a balanced mindset, combining optimism with risk awareness.
Trading Strategies and Risk Management
Navigating the Santa Claus rally requires tailored trading strategies and effective risk management. Traders might consider positioning themselves to capitalize on the expected uptrend, but with safeguards against unexpected market shifts. Utilizing stop-loss orders and setting clear profit targets can help in managing risks. Diversification across asset classes may also provide a buffer against potential volatility within the E-mini S&P 500. Additionally, traders should stay attuned to market indicators and news, as these can provide early signals of changes in the rally's trajectory. Ultimately, a disciplined approach, balancing the eagerness to exploit the rally with prudent risk management, is key to navigating this period successfully.
Conclusion
The Santa Claus rally, particularly in the E-mini S&P 500, offers a microcosmic view of the broader market dynamics at play during the year's end. This phenomenon, while rooted in historical patterns and influenced by a blend of economic indicators and market sentiment, requires a nuanced understanding and a strategic approach. As we close the chapter on another year's rally, traders are reminded of the constant interplay between market optimism and the reality of economic fundamentals. The insights gleaned from this analysis not only shed light on the rally itself but also serve as a guiding framework for navigating future market movements with agility and foresight.
CME Real-time Market Data helps identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Disclaimer:
Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services.
S&P closes low, but is this the end to it?Stock Market Update: S&P Shows Low Movement, But Advancements Expected
The $S&P500 index exhibited low movement today, initially dipping -0.20% but quickly regaining ground to close with a slight negative of -0.1%.
The market's resilience in maintaining and even advancing current price levels is surprising.
In the short term (1-2 months), there's a higher probability of further advancement towards the 4553-4570 range, provided support is held above the daily resistance level of 4523.
NASDAQ:NVDA Nvidia's strong earnings report, released after market close, reinforces the likelihood of an upward move. Nvidia, along with Tesla, collectively accounts for nearly 70% of the S&P's daily trading volume.
The recent slump in the Wholesale industry may discourage investors with a 3+ month investment horizon. However, for shorter-term investors (1-2 months), the upcoming Black Friday and Holiday season could lead to unexpectedly strong performance from other retail companies.
Happy Holiday And A Long Term Vision🎉Hello Traders and Investors ,
my name is Philip and I am on vacation for the next 4 days until Wednesday evening.
I won't post any analysis until then but here is a long term outlook on Bitcoin💰💰
Everything looks still very bullish despite the recent drop so keep your long term vision and I will certainly buy the dip.
Will be back on Wednesday!
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for your support and I will see you on Wednesday!
My previous analysis of this asset:
When holidaymakers become interested in travel and leisureMy hairdresser recently told me how her strategy of buying Apple shares before the end of the year had been serving her well. ‘Everybody wants an iPhone for Christmas, it’s simple”, she exclaimed.
It may be that investing is much easier when everything is going up – at least if you are taking long positions. Or maybe one only needs to combine observation with common sense to see how people are spending their money. That’s where the investing opportunity may be. Pretty simple?
Given the widespread chaos at airports these days, might the opportunity be in the travel and leisure sector?
People are certainly travelling again
After two years of lockdowns and staycations, it seems like people are now keen to get on a plane and fly away somewhere. Passenger numbers at airports have bounced back, as expected, but remain below pre-pandemic levels
Where are all these passengers off to? In May, around 44% of the total traffic for London Heathrow was made up of passengers to or from Europe1. This is in line with the historic average which means that the destinations haven’t changed, broadly speaking. But as the absolute numbers continue to rise and eventually return to trend levels, European travel numbers will rise further.
When people travel, they also stay at hotels
So, it appears that people aren’t just taking flights, they are booking hotel rooms as well. Monthly hotel occupancy in Spain based on tourists from abroad has also risen sharply (see figure 02 below).
Naturally, with higher bookings come higher revenues, and eventually profits for the hospitality sector. According to forecasts by Statista, Europe’s travel and tourism revenues are expected to return to pre-pandemic levels somewhere between 2023 and 2024, i.e., it is a sector still very much in recovery.
Key considerations for investors
Europe’s travel and leisure sector comprises of three major categories of businesses. These are 1. Airlines, 2. Hotels, resorts, cruises, and restaurants, and 3. Online gaming and betting companies. Arguably, the sector’s performance has not been stellar this year given the risk-off sentiment in equities more widely. Among the 20 industry groups within the Stoxx Europe 600 Index, energy is the only one with positive performance year-to-date2. The travel and leisure sector is down this year but currently ranks somewhere in the middle in terms of year-to-date performance among the 20 categories.
This implies that macroeconomics is currently driving markets and the sector-specific improvement in outlook for travel and leisure is perhaps underappreciated. If the macro clouds dissipate, we may see lift-off in the sector in line with its supportive fundamentals.
Nevertheless, there is also a flipside, as there always is. If recessionary risks rise in Europe, travel and leisure numbers may drop again before even returning to trend levels. Travelling is indeed a ‘discretionary’ expense that can be curtailed when money becomes tight for both individuals and businesses.
Ultimately, predicting market movements is difficult but it may be easier to track consumer behaviour through airport passenger volumes and hotel occupancy rates. Will prices follow the fundamentals? You can never be sure, although my hairdresser is convinced that they do.
Sources
1 Source: Heathrow.com as of 23 June 2022.
2 Source: Bloomberg, as of 23 June 2022.
This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
S&P Riding the wave!!! Hey guys,
I am going to publish some ideas that I think will be valid in the next few days coming up. There is a rally that is happening but I think all of that will crumble by the beginning of next week. Since we have Good Friday this weekend, the markets, in my opinion, are trying to push up just a little in order to come back down!
If you like my ideas, please like and follow.
Merry Christmas & Happy New Year 🎄🎁☃️
Hey traders,
That year was one of the hardest ones in my trading career.
And I can not even tell you what has changed exactly. Just it looks like this trading year was a bit different:
the markets were simply reacting to key levels in a bit different manner, the price action patterns were not that accurate & volatility was insufficient.
I tell you that just to let you know that if you were struggling this year with your trading, you are not alone. We are in the same boat and the only thing that makes us stay afloat is the fact that we never give up, we keep going no matter what. We know that at the end of the day we are always the winners. And winners win.
Next year, be a winner, be strong and consistent and the magic things will happen with you.
Merry Christmas.
Particularly Risky Times to Trade.The summary of the times listed below is when I personally find it particularly risky to trade due to various reasons. Not to say there are no trading opportunities during these times, but these are the times when I decide to reduce the amount of risk and number of traders I usually take.
Some of these reasons include profit taking, portfolio rebalancing, big players being out of the market due on holidays or the start of a weekend and fundamental new releases and so on.
1.The beginning of the year (First half of January)
2.The beginning of the season (Quarterly)
3.The beginning of the month (First Week of
the Month)
4.The beginning of the week (Sunday/Monday)
5.The beginning of the day (Early Asian Session)
6.The beginning of the session
7. The end of the session
8. The end of day (Late US Session )
9. The end of the week (Friday)
10. The end of the Month (Last Week of
the Month)
11. The end of the season (Quarterly).
12. The end of the year (Second half of December).
Feel free to comment with any thoughts or ideas you might have.
Leave it, Grab A Cup Of Coffee And Relax ☕So, we are reaching the end of the year folk.. 2020 will be gone.. HAPPY NEW YEAR..
What a year it was.. Lot's of ups and downs, We saw both 3000 and 24000 price channel in just one year.. We've experienced Covid-19 and the quarantine.. What a journey!!! We've learned a lot together from this year..
I tried my best to give you my experience on trading, analysis, technical/fundamental parameters and newest oscillators.. I hope you found them useful for yourself and you're satisfied..
I wanted to add one more important tip about market near new year.. All the capital markets, including crypto market, are so risky near and in this big holidays.. Most of big companies closes their 2020 financial reports top traders stop trading for a break or going to holiday and etc.. These reasons make all the markets so volatile and risky.
I strongly recommend you to stop trading until mid-January.. Just relax, try to enjoy holidays.. Try to have some time with your family and your loved ones.. These holidays are extraordinary time for you to update your knowledge on the market.. Try to learn something new so you can have a progress for new year of trading.. Try not to be temped to make profit during the holiday, because you're going to regret it with a big loss.. And by the way, You came a long way studying the market this year, you deserve a rest.. We all do deserve it..
For my final words in this post, I want to thank you for accompanying me during this journey that was a great honor for me, I hope you enjoyed it too..
I have a little request.. I really love to read your comments about my idea that I gave you this year, I want to know what do you think about them? How useful were them to you? And the most important thing is that what do you suggest me to write about in upcoming year for you??
If you have friends that you think My profile and ideas can help the give the my address so we all can learn and gain from the market and make our educational community larger and stronger..
I'm waiting to read your comments below my friends, Wish you a great 2021 and HAPPY NEW YEAR...
AUDCHF Price is flirting with our Bearish Zone! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
EURUSD Price stopped on S2 will it continue down? This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
Gold /AUDUSD China Trade - Thanksgiving weekA second-phase deal could not be reached yesterday, and uncertainty in the US-China Trade Deal persisted. So overall, investors were looking to take on less risk with the uncertainty.
We see AUDUSD continuing it's bearish momentum and will likely stay below the 0.6800 handle. Australian Dollar denominated assets are considered slightly risky, so this is where the selloff happens. However, gold saw a $7 drop /troy oz. not a significant move.
Being Thanksgiving week, I am refraining from opening positions, as markets will likely have low volatility. There is GDP data to be released tomorrow, Wednesday, so that may give a slight push to markets
Massive Nikkei Sell-off During Golden Week?I'm taking a wild guess of Nikkei falling to 20300 with the upcoming Golden Week holiday in Japan from April 27th to May 6th.
This 10-day holiday is the longest in Japan's history, meaning that the Japan Exchange will be down for the whole week + 1 day.
Looking for fun on the futures market :)
J.C. PENNEY BUY!!HAPPY HOLIDAYS!
Its Holiday Season and we just had positive earnings. This trade look good because we have seen a spike in volatility meaning the down trend is weak and coming to an end.
AUDNZD Short - based on fundamentalsThere are weak data coming from Australia and also possible holiday weakness on AUD. On the other hand fundamental outlook on NZD is neutral, maybe even bullish as there will be latest GDP data coming in a few hours. I think it is a good opportunity to enter to short trades in these moments. SL and TP as on chart. We have a fair RRR - 1:2 to 1:3.
www.dailyfx.com
EUR/JPY Convergence with Breakout Potential Simply stating that we are reaching a potential for some activity on this pair. Once a Candle Closes Above Green Zone I see potential to rise up to the 134.00 area. This could be take PROFIT ZONE. The opposite of that trade is the breakout downwards towards 131.00. This trade is triggered with a closing candle past the red zone. 131 would be the ideal take PROFIT ZONE. Most likely will have to wait till after the holidays for any big movements.