🏆 10 Trading Rules For Success 🏆🏆 Accept the losses . Losses are inherent in trading. There is no earning trader who will not suffer a loss from time to time. In the case of trading, a mistake involves a loss of capital, which can be painful at the very beginning of learning, but as you develop your skills and expand your range of competencies, you begin to understand that it is impossible to successfully win against the market without occasionally incurring a cost for this struggle in the form of losing trades.
🏆 Don't Risk Money You Can't Lose . Playing the financial market involves constant risk in which the most at risk is our capital which we trade. We can't afford to bet with money we can't lose, by which I mean money meant for living, savings, family money, selling usable items to fund an account with a broker. There is always the temptation that if only we had a bigger trading account we would play better and take less risk, which is of course nonsense. No matter how much money we trade with, whether it's hundreds, thousands or even hundreds of thousands we will always be tempted to play with even more money to make profits even bigger, unfortunately, most likely the only thing that increases is the loss on the trading account. Each of us must find the right amount of money for him, I would suggest at the very beginning to operate with money that we are able to recharge the broker in a few weeks, for some it will be 10% and for some 30% of monthly income.
🏆 Treat Trading Like a Business . Trading is such a business venture of ours, starting with the capital we have to put up to get into it, then developing a strategy that will bring us profits, after protecting ourselves from losses, including costs such as (cost of opening a trade, swap, spread), taxes. We can't treat trading as a hobby or as a job from 8-8. Profits on the financial market are not so predictable that we can say with a clear conscience how much we'll earn next month, and what's more, it may turn out that instead of earning, we'll lose. As for the fact that trading should not be considered a hobby, I can only add that trading requires much more focus and commitment than typical hobby activities, inherent in it is the theme of making and losing money, which for most is a very emotional subject.
🏆 Control Your Emotions . Control of emotions is a key issue in any field if we talk about the master level, from many interviews of professionals in their fields we can repeatedly hear about how control of emotions is of great importance in their field especially on the results they get. As trading is a competitive field. Someone wins someone loses. As our earned money is at stake, I don't need to stress that this doesn't make the whole thing any easier. The most important thing is to realize that emotions will occur and instead of suppressing this fact we should accept it. In order to control emotions, the most important element is to realize that we are under its influence. Because taking action under the influence of some extreme emotions is simply a mistake and it is best in such a case to step away from trading for a day and sometimes even a week to simply cool down. One of the best ways to reset your emotions is to sleep, take a nap and even meditate, and for all those who think that meditation is not for them, but only for tree huggers, I would like to introduce you to one of the famous personalities from the world of investment, which is Ray Dalio, who since 1985 has served as co-head investment director of the world's largest hedge fund Bridgewater Associates. Whose fortune amounts to $19.1 billion and has repeatedly mentioned that transcedental meditation was the best investment he made in his life.
🏆 Manage risk . Such a broad topic that I will prepare a separate post for it, in short, we need to determine what % of capital we can devote to one concluded transaction, in my opinion we should not risk more than 1 to 2% of capital per position. In my opinion, we should not risk more than 1 to 2% of capital per position. We must also take into account the possibility of correlation, because what does it matter if we open 10 transactions with a rate of 2% if all of them are concluded on correlated markets such as forex or stocks. Then our risk is no longer 2%, but in the worst case 20%.
🏆 Stay disciplined . Learning to trade should be perceived more as a marathon rather than a sprint, on our way we will meet many disappointments and failures that are inherent in learning any field, we must not give up, we must remain disciplined and focused on the final result, in trading there is no room for distraction and making decisions on the spur of the moment. Markets are not forgiving of any mistakes or distractions, sometimes one moment of absentmindedness can affect the state of our portfolio. As traders, we must remain in a constant circle of learning and acquiring new skills. We will not achieve any results if we approach trading once a quarter. Taking up trading should be considered in the category of a future source of income about which we want to learn as much as possible.
🏆 Know your strategy . We need to know and understand perfectly the reasons and the way to trade, we need to be 100% aware of when to take trades and when we are remote from the market. We need to know what risks we can take on a given taransaction when we close it and what we will have to do (if).
🏆 Forget The Holy Grail . Just forget about it, if you are still looking for an idle indicator that will only give you profitable signals with your only right parameters, forget about success. Trading is something much more broad and deep than just the intersection of two moving averages. There are so many factors at work on traders' decisions that affect price movement that we can't even comprehend with our brains. I'm not saying here that it's not worth using indicators or fundamental data. I mean only not to base your decisions on them and not to get stuck in a vicious circle of testing a new strategy every week.
🏆 Trend is Your Friend . I'm not going to elaborate here. You simply have a higher probability of success playing with the trend and that's it.
🏆 Never stop learning . Never but never stop learning, read everything that falls into your hands and you find valuable at any given time. Watch, listen read about trading meet other traders ask questions and never stop learning. Remember follow my profile fits perfectly into the circle of continuous learning :D
🏆 Like the post? Follow my profile for more!
Moneymanagement
Vivendi long long terme BUYFundamental:
Currently, we know that the Vivendi breach exposed consumers’ names, addresses and financial account information.
On October 24, 2022, Vivendi Ticketing sent out data breach letters to all individuals whose information was compromised as a result of the recent data security incident. While the total number of people affected by the breach remains unknown at this point, there are reportedly 92,074 victims in Texas alone. Given this information, it is likely that the number of affected parties is in the hundreds of thousands.
Apple on Monday announced price increases on all of its services in its key markets, including Apple Music. The price goes in France to 10.99 euros per month, against 9.99 euros previously and the family subscription to 16.99 euros against 14.99 euros.
Apple's decision benefits Universal Music Group (UMG) on the stock market, with the major winning 8.4% on the Amsterdam Stock Exchange.
Vivendi SE on Thursday posted higher third-quarter revenue led by growth at Gameloft and its advertising and public-relations business Havas.
The media conglomerate steered by the family of French billionaire Vincent Bollore said revenue climbed to 2.58 billion euros ($2.52 billion) for the quarter ended in September, from EUR2.48 billion last year.
The result represents a 0.6% increase on an organic basis. Organic revenue growth--a closely watched metric--refers to the change in net revenue excluding the impacts of acquisitions, disposals and currency fluctuations.
Revenue at Canal+ Group, the pay-TV business that accounts for the lion's share of Vivendi's top-line, slipped to EUR1.42 billion from EUR1.47 billion. Gameloft reported a 45% increase in organic revenue growth, thanks to the Disney Dreamlight Valley game launched in September. Havas's revenue rose 3.2% organically.
Lagardère benefited in the third quarter from a rebound in its retail business in stations and airports, with overall sales up 35.5% to 2 billion euros, according to a press release. The activity of the “Travel Retail” branch increased by 61% to 1.1 billion euros, and “virtually returns to its 2019 level” before the health crisis. France, Europe and the Americas are growing strongly thanks to the resumption of travel, while the Asia-Pacific region remains down (+6.1%) due to the zero-Covid policy in China.
The Hachette Livre branch, the other activity of the Lagardère group now majority-owned by the Vivendi group, for its part rose by 12% (or 4% on a like-for-like basis), to 780 million euros.
Revenue from other activities increased over the period by 3.6% to 178 million euros (or 4.4% like-for-like). For its part, media activity (Paris Match, the JDD, and Europe 1) is down 6.6% due to a “sluggish” advertising market.
On the outlook side, in an unstable environment marked by inflationary tensions, China's zero-Covid policy and Russia's invasion of Ukraine, Lagardère is continuing its efforts to control costs, optimize its revenues, and controlling its cash flow.
"Given the performance of Lagardère Travel Retail, the Group is revising its overall outlook for 2022 slightly upwards," the statement said.
Lagardère Publishing's consolidated revenue is expected to be stable in 2022. Profitability should be affected by a less favorable market trend in a context of inflationary pressures on costs, in particular for paper and energy: Lagardère Publishing thus expects an operating margin of close to 11% for the year 2022.
TF1 also pointed to a loss of digital advertising revenue after the sale of Livingly Media and Gofeminin.de. The group's advertising revenue over the period fell to 327.9 million euros (327.7 million) against 360 million a year earlier.
Consolidated revenue amounted to 553 million euros in the third quarter, up nearly 6% compared to the previous year, strongly boosted by the sales of Newen, the television production subsidiary of TF1, at the origin of programs such as "Versailles" and "Plus belle la vie".
The group's parent company, Bouygues, worked for more than a year on a plan to acquire a majority stake in France's second-largest private television channel, M6, before TF1 and M6 pulled out last month.
Their proposed merger, intended to stave off the rise of US streaming platforms, was driven by antitrust demands that made the deal moot, they said at the time.
TF1 appointed Rodolphe Belmer as CEO just a week after the deal fell through.
Belmer, former boss of Canal Plus (Vivendi) and satellite operator Eutelsat, will lead the television group at a time when competition from companies like Netflix and Disney is becoming more and more acute, the platforms interested in streaming ad-supported video.
The group did not provide financial targets for the year.
European Union antitrust regulators will decide by Nov. 30 whether to clear French media company Vivendi's (VIV.PA) proposed acquisition of French peer Lagardere, a European Commission filing showed on Tuesday.
Vivendi put in a request for EU approval on Monday, according to the bloc's competition enforcer.
The deal, which would combine France's two biggest publishing groups, Lagardere's Hachette and Vivendi's Editis, has already drawn criticism from French independent publishers, including its most famous one, Gallimard.
Technical:
High volume on 8.500 € level indicating the high increase potential.
Standard Deviation indicator confirming the low impact of volatility on the market.
Reversed head and shoulders pattern noticed and neckline reached.
Support MMA20 leading the price to a higher level, over 0.382 Fib' level and probably 0.5.
ADX indicator confirming the current strength of the trend.
Money management:
RRR: 3
Aim: +7.38%
Risk: -2.41%
GBPUSD Long day trade 27.10.22GU has moved higher as my analysis showed over the past week.
long entry for the next 2 days. looking for it to play out ideally by friday. if not next week.
full risk on this is fine.
Plan your risk and trade position sizes accordingly.
This is not trade advice, just an opinion on the markets.
Trading can lead to excessive losses and complete loss of one's equity if not managed properly
✍️WEEKLY QUOTE: EXECUTE DO NOT PREDICT✍️..Why would you break your money management rules by trading too large a position relative to your equity or emotional tolerance to sustain a loss, if you weren't positive that you had a sure thing? If you really believed in a random distribution between wins and losses, could you ever feel betrayed by the market? If you flipped a coin and guessed right, you wouldn't necessarily expect to be right on the next flip simply because you were right on the last.
There is always a point at which the odds of success are greatly diminished in relation to the profit potential. At that point, it's not worth spending any more money to find out if the trade is going to work. If the market reaches that point, I know without any doubt, hesitation, or internal conflict that I will exit the trade. The loss doesn't create any emotional damage, because I don't interpret the experience negatively.
To me, losses are simply the cost of doing business or the amount of money I need to spend to make myself available for the winning trades. If, on the other hand, the trade turns out to be a winner, in most cases I know for sure at what point I am going to take my profits. (If I don't know for sure, I certainly have a very good idea.) The best traders are in the "now moment" because there's no stress. There's no stress because there's nothing at risk other than the amount of money they are willing to spend on a trade.
They are not trying to be right or trying to avoid being wrong; neither are they trying to prove anything. If and when the market tells them that their edges aren't working or that it's time to take profits, their minds do nothing to block this information. They completely accept what the market is offering them, and they wait for the next edge.
As traders, we can't afford to indulge ourselves in any form of "I know what to expect from the market." We can "know" exactly what an edge looks, sounds, or feels like, and we can "know" exactly how much we need to risk to find out if that edge is going to work.
We can "know" that we have a specific plan as to how we are going to take profits if a trade works. But that's it! If what we think we know starts expanding to what the market is going to do, we're in trouble. And all that's required to put us into a negatively charged, "I know what to expect from the market" state of mind is for any belief, memory, or attitude to cause us to interpret the up and down tics or any market information as anything but an opportunity to do something on our own behalf.
GOLD & US10YFundamental:
10/17/2022 | 06:28
The price of gold rose on Monday after falling more than 1% in the previous session as a pause in the dollar's rally eased pressure on green-priced bullion, although looming U.S. rate hikes have limited additional earnings.
The Dollar Index remained stable, while benchmark 10-year US Treasury yields eased away from the 14-year high hit last week.
"Gold has rallied slightly from Friday's low, but buyers are lacking conviction, which looks more like a technical repositioning," said City Index analyst Matt Simpson.
“The US Dollar and yields will be a key driver for gold, and if they continue to rise, then a move and test of $1600 is likely only a matter of time.”
Consumer sentiment improved further in October, but inflation expectations deteriorated a bit, keeping expectations of another 75 basis point rate hike intact.
Gold is very sensitive to rising US rates, which increases the opportunity cost of holding non-performing gold.
Holdings of SPDR Gold Trust, the largest gold-backed exchange-traded fund, fell 3.18 tonnes on Friday, their biggest one-day outflow since September 26.
US retail sales held steady in September, against all expectations.
Gold is very sensitive to rising US rates, which increases the opportunity cost of holding non-performing gold.
Holdings of SPDR Gold Trust, the largest gold-backed exchange-traded fund, fell 3.18 tonnes on Friday, their biggest one-day outflow since September 26.
Australian stocks fall on recession fears and lower commodity prices.
10/17/2022 | 08:40
Australian stocks fell during Monday's session amid recession fears and falling oil and metal prices.
Gold prices gave up their gains as the US dollar remained resilient.
Technical:
Temporisation area between 0.32 and 0.23 Fib and large sales volume over 1665.0$.
Decreasing ADX and under 25.0 (16.30) + Bearish divergence on Momentum + Stochastic over 80.0 (overbought asset) + MMA50 tending to cross MMA 20.
There's a positive correlation between BOND PRICE and GOLD PRICE (safe-haven assets) but a negative correlation between BOND YIELD and GOLD PRICE because of opportunity costs. US10Y is reaching the 3.957% point which could lead to a rebound on the resistance resulting on the increase of the price targeting (at least) the 4.000 %.
Money management :
1 position BUY on US10Y
1 position SHORT on GOLD
S&P 500 & US10YFundamental :
10/21/2022 | 19:24
US equities surged mid-day on speculation about the extent of monetary policy tightening (thus media speculation about the path of interest rates after November).
Treasury (bond markets) yields fell following a Wall Street Journal report that some Federal Reserve officials are no longer comfortable with the pace of interest rate hikes.
The Fed has raised its target funds rate by 300 basis points since it began tightening policy this year. The probability of the Fed raising rates in November by 75 basis points is over 92%, according to the CME's FedWatch tool.
“Hope that the Fed can temper or take their foot off the accelerator slightly helps the market,” said Andre Bakhos, managing member at Ingenium Analytics.
The US Dollar Index depreciated 0.8% to 112. The greenback weakened 2% against the Japanese yen to 147.27, falling from its highest level in about three decades.
10/21/2022 | 22:50
The S&P 500 index is up 4.7% weekly as positive third-quarter results drive strong gains, particularly in the energy, technology and materials sectors.
This week's advance was driven by quarterly earnings that beat analysts' average estimates. Even as companies report challenges such as inflation and supply chain issues, many show they have still managed to beat street consensus estimates.
That contributed to a relief rally after stocks fell in the weeks leading up to the results on worries about the impact of macro issues including inflation.
All 11 sectors of the S&P 500 rose this week, led by an 8.1% jump for energy, 6.5% for technology and 6.1% for materials. Other strong gains included consumer discretionary, up 5.6%, and communication services, up 5%. The smallest increase was recorded by utilities, up 1.9%.
10/21/2022 | 22:50
Wall Street ends higher driven by hopes of a slowdown in monetary tightening.
Some Fed officials have signaled their willingness to debate whether and how to signal a plan for a smaller rate hike in December, according to the WSJ.
San Francisco Regional Fed Chair Mary Daly said the Fed should avoid pushing the US economy into an "unprovoked downturn" by tightening monetary policy too much.
Stocks rise on Friday as the media report fuels optimism that the Fed's stance is easing.
Technics:
Range and MMA20/MMA50 broken on the rise this Friday 21st by 4 candlesticks (on a 4H vision) then rebound at the $3820.0 level.
The Average Directional Index is below 25 which indicates a slide in the price of the asset in the short term (ADX based on a MA of a 14-day range), but is in the process of increasing.
Bearish short-term momentum pointing to an upcoming temporization zone, an idea reinforced by a Stochastic indicator above 80 (indicating an overbought zone).
In addition, there is high Volume at levels below the new support line ($3730.0), although this volume is mostly representative of the buying force.
Money management:
1 position BUY on US10Y
1 position BUY on S&P 500
EURJPY A long sell on EURJPY expected this coming week lets hope momentum on JPY stays and this might lead us to a bullish trend line taking us straight into profits with a big bunch of PIPS in our name i personally think tis will be a steady road for us sellers no bearish or anything funny to expect
BTCUST UPDATE 22.10.2022#BTC UPDATE 22.10.2022📊
#BTC: $ 19,100
#ETH: $ 1,300
📊At 1H TF for Bitcoin, the situation with moving averages is approximately the same with 4H TF, since we have been standing in a range without volatility for a long time.
Now that range has begun to narrow (a triangle has been formed) and the buyer does not release the price from it, driving
large volumes on dumps, as yesterday, for example
Have a good weekend
QNT//USDT Simple rules of risk management and trading strategiesCoin in the Coinmarket: Quant
This coin is for work as an example no more, now there are many similar ones with similar trading situations.
On the chart showed the trend, the figures that are formed, the support / resistance levels.
The figures show the potential entry points in case of a breakthrough or holding the support/resistance zones depending on your trading strategy.
I cannot know how you trade or what strategy you use. You have to adapt my information to your trading strategy and first of all to your risk management.
Some simple tips for your work:
1) I advise you not to be like everyone else and not to expect super target. The target must be adequate. The smaller you set target, the more you will earn at a distance. When the price of a coin is rising through most of the volume, it is advisable to work locally up to +80%, so you will always have money to re-buy from the profits.
2) Complex % (using volatility) does its job. It can be used (the principle) not only on one coin (accumulation), but also on several coins without paying attention to the name of the coin (to accumulate profits from coin to coin). They should not be very many.
3) Remember—the level is not a line, but a zone. It is rational to work with a grid of orders.
4) If possible, protect your profits with a trivial stop loss. But do not place it too close to the main intraday volatility zone.
5) Do not work with a large number of coins, there is no need, they are all the same. Their rise in price depends primarily on the general situation on the market and in the world.
6) Take into account the phases of the market, including local character. Creators of individual crypto-funds will not raise the price against the general trend if people are afraid to buy at that time. Playing against the trend is more the exception to the rule.
There is a time to buy, a time to sell, and a time to watch. The third phase should take you the longest. Most people are only in phase one, regardless of the overall trend. Don't be like that…
7) Trade with your thought-out algorithms (trading strategy + risk management + experience), not with emotions. Those who lose money in the market—trade with emotions and ill-considered fantasies – desires.
The basis of your profit is your trading strategy and compliance with risk management based on your experience
Recommendations for trading strategies:
1) If you work in shorts, be sure to put stops and use adequate minimum leverage. Margin trading is a nightmare for an inexperienced and very greedy market participant.
2) When working in the spot on medium liquid coins, it is more rational to wait for a breakthrough in the downtrend and on the pullback after the momentum with a significant (important) buyer volume to enter the market. It's better to buy a bit more expensive, but with more confidence that the trend has changed. But, it is not a panacea, can after a breakthrough and holding the price a certain time—the continuation of the downtrend. Options for solving the problem:
a) stop loss.
b) Money cushion.
c) The first and second options in place.
3) If you really want to buy some crypto-coin before the break of a trend (you are afraid of not having enough time or you "know the exact future”), then don't buy with all the amount allocated to this coin. The first purchase (especially before a trend break) should not have a big % of the main planned volume.
a) If the price goes against your initial purchase and decreases—work martingale from the specified levels (in addition to the position) to average the average purchase.
b) If the price rises strongly by impulse, and you bought a small planned amount, then there are two options in this case:
1) Wait for a pullback and on the pullback to finish (but still not for the whole amount, you should have at least 20-30% cache at any pumping).
2) the second option, if the price has strongly increased and there is no substantial rollback—work with the volume, that is, and the rest of the money allocated to similar coins, which have not had time to grow in price.
JPY RIP?Last week was particularly rare week for the USDIndex. On Friday, the DXY gained 1.5% in the best 24hrs since march 2020. The probability of such event occurring was 0.01%. The USD has clearly been on an impressive winning streak as of late, is there more growth to be had?
The Bank of Japan was lackluster as expected , but the ministry of finance surprise intervention caught FX Markets off guard, sparking a huge turnaround in the JPY. The efforts of the ministry of finance efforts are unlikely to produce a lasting reversal in the Yen, so long as the BOJ's QQE with Yield curve control policy remains in place. While the BOJ's interest rate decision went & came with out much kerfuffle, It was Japans Ministry of Finance that sparked a rally in the JPY. GBP/JPY fell by -4.73% while EUR/JPY fell by -2.94%, AUD/JPY & NZD/JPY rates suffered as well, falling by -2.49% & -3.85% .The standout pair was the USD/JPY, buffered by the FED, adding 0.28%.
Intervening in FX Markets to support the Yen for the first time since 1998, the ministry of finance helped the JPY crosses their best weekly overall performance since the end of February . Now that the ministry its willingness to step into the market, the next question is has the weakness in the Yen come to an end? The answer is likely not , the ministry of finance's efforts are clear sign that the bank of Japan wont be relenting anytime soon. With all the other central banks hiking rates to combat inflation wile the BOJ continues to pursue QQE with yield curve control policy, the interest rate gap between the Yen & other major currencies will persist.
I most definitely see USDJPY heading towards 150.000 , A +4.47% ( 642.4 pips) from markets current position.
GBPUSD Long 19.10.22Almost same setup happening again.
buying on a stop order now.
Trendline followers :)
normal risk is fine on this trade. if it breaks down, likely to close the opening gap. then we will reevaluate.
Plan your risk and trade position sizes accordingly.
This is not trade advice, just an opinion on the markets.
Trading can lead to excessive losses and complete loss of one's equity if not managed properly
GBPUSD Day Trade 18.10.22Day trade set up forming for GU long.
based on a short term GU bullish outlook.
normal risk on this trade.
Plan your risk and trade position sizes accordingly.
This is not trade advice, just an opinion on the markets.
Trading can lead to excessive losses and complete loss of one's equity if not managed properly
🌐What Is the U.S. Dollar Index❓
✅Why Be Interested?
The strong dollar has been getting a lot of attention lately. Some U.S. companies are blaming the strong U.S. dollar for lackluster earnings, while economists say it's helping the Federal Reserve’s ongoing fight against high inflation.
But how do you know when the dollar is strong or weak? That’s the job of the U.S. Dollar Index (DXY)
☑️What Is the U.S. Dollar Index?
The U.S. Dollar Index is a market index benchmark used to measure the value of the U.S. dollar relative to other widely-traded international currencies.
The Federal Reserve established the dollar index in 1973 to track the value of the U.S. dollar. Two years earlier, President Richard Nixon had abandoned the gold standard, which allowed the value of the dollar to float freely in foreign exchange (forex) markets.
Since 1985, the dollar index has been calculated and maintained by Intercontinental Exchange (ICE).
☑️The Dollar Index History and Makeup
The formula for calculating the value of the U.S. Dollar Index includes the dollar’s relative value compared to a basket of foreign currencies. Initially, it included the Japanese yen, British pound, Canadian dollar, Swedish krona, Swiss franc, West German mark, French franc, Italian lira, Dutch guilder, and Belgian franc.
Following the creation of the euro in 1999, the number of currencies was reduced and the formula for the dollar index was adjusted. Today, the basket includes just six currencies: the euro (EUR), Japanese yen (JPY), British pound (GBP), Canadian dollar (CAD), Swedish krona (SEK) and Swiss franc (CHF).
✅How Is the U.S. Dollar Index Used?
The USDX allows traders and investors to monitor the purchasing power of the U.S. dollar relative to the six currencies included into the index's basket.
Investors also use the dollar index as a litmus test for U.S. economic performance, particularly when it comes to imports and exports. The more goods the U.S. exports, the more international demand there is for U.S. dollars to purchase those goods. When demand for the dollar is high, USDX rises.
☑️Dollar Index Shortcomings:
The weightings of the currencies used to calculate the index were based on the United States’ biggest trading partners in the 1970s.
As a result, its calculation doesn't include emerging market currencies, like the Mexican Peso (MXN) or commodity currencies. It also doesn't include China’s renminbi (CNY), even though China is now the largest U.S. trading partner by a wide margin.
Therefore, the index may be less useful as an economic measure than in previous decades.
✅What Makes the U.S. Dollar Strong?
A combination of higher inflation, the Fed's aggressive tightening campaign and a global search for yield have all contributed to the strong dollar.
A strong dollar means other global currencies have been relatively weak, which exacerbates inflationary pressures and financial market volatility.
📍In Conclusion:
The Dollar Index can be used as a gauge of the Dollar strength or weakness, and it’s futures can be used to profit form Dollar moves without betting on any individual Dollar currency pair which provides diversification. However, the Index is somewhat outdated which needs to be accounted for when using it.
Your Like and Comment are the best Thank You😊
💸 AUD/CAD Breakout time 💸💸 In today's analysis we look at an interesting opportunity on the aud/cad pair.
💸 Since the beginning of today's session, we can see the strength of the Austarlisian dollar against the Canadian dollar.
💸 Most of the technical analysis indicators signal the possibility of a breakout and divergence from the previous moment when we were at the same price level.
💸 I sense a breakout from the double bottom
💸Risk/Reward ratio: 4.52 (excellent)
💸 If you like the post? Follow the profile!
EURUSD Short Swing trade 5.10.22Hello folks.
See a short swing trade forming.
Will have subsequent short entries if this one fails.
strictly 1% of risk MAX.
Plan your risk and trade position sizes accordingly.
This is not trade advice, just an opinion on the markets.
Trading can lead to excessive losses and complete loss of one's equity if not managed properly
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- According to the analysis we gave the previous day, the AUDUSD DOWN SIDE WAVE has been DOWN about 60++ PIPS. We hope you get it anyway. It is still moving DOWN SIDE as we have given.
- Currently the MARKET SENTIMENT for AUD is on the DOWN SIDE. There is currently a DOWNSIDE BIAS for AUDUSD due to RISK OFF. The main reason for that is because of MARKET RISK OFF, STOCKS and COMMODITIES MARKETS are currently going down a bit. It is heavily influenced by the Australian dollar.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go down to 0.6364 LEVEL. And after that, AUDUSD can be BUY to the 0.6766 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. For that, the MARKET STRUCTURE should be BREAKED..
GBPUSD Long Swing trade 21.9.22I finally see the long swing trade setup coming.
Will go full risk allocation for this trade.
Note the tight range price is making now.
watch out for large injection of volatility.
Safe Trading, Happy trading
Plan your risk and trade position sizes accordingly.
This is not trade advice, just an opinion on the markets.
Trading can lead to excessive losses and complete loss of one's equity if not managed properly