Windham Hotels & Resorts - 10:1 Long, Speculative News ResponseMy analysis of Windham Hotels & Resorts follows news of NYC's recent ban of AirBNB, a development which inspired me to discover which publicly traded hotel chain might be best positioned to benefit. Hopefully you will challenge my conclusion and/or my measurements with your tough questions, since this venue is meant to arouse the reverse-engineers and to provoke the thinkers to do what they do best, right?
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, but this 10:1 Long trade on the WH chart is highly contextual. Not even a Market Maker can move the price of ABNB as reliably as the State of New York.
Although my trading strategy is built on innate Pattern Recognition and a hard-won sympathy for the Market Maker’s Business Model, my tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION.
Generally speaking, what a Speculator does that an Investor or a Trader does not is specifically to take advantage of price inefficiencies caused by government interference (or corruption). A good example would be accumulating toilet paper and/or N95 Masks in 2020 and selling the stock in bulk at high markup before the window of opportunity finally closed.
Only a Speculator does that!
The details of the chart(s) speak for themselves, however behind the scenes ChatGPT and I determined that MAR, HLT, IHG, AC and WH were the hotel chains with the greatest number of rooms in NYC that might benefit from the AirBNB news. I was surprised to see that both MAR and HLT are at or near All-Time-Highs, but just as quickly ruled them out as candidates for major growth for exactly that reason.
In short, without ChatGPT concluded that WH is the best candidate to benefit from what might become a growing trend, but is already law in NYC and will therefore have an effect on prices and practices. If this case interests you, then I invite you to compare the listed tickers and let me know if you agree about WH.
Keen observers will see many details in this idea, but how many noticed the ABNB correlation coefficient histograph? If my trade thesis is correct, the polarity should invert, and the tickers will move in opposite directions more often, and for longer.
I am preparing a video on prospecting for opportunities during the current Sector Rotation, and Windam Hotels & Resorts might become part of it. First, though, I have a few more ideas to upload as I update other key charts for the final Quarter of 2023.
Until then, be liquid !!!
Newstrading
XXII Watch news POP to $6Timing markets is almost impossible, but I'm saying I have timing (from dowsing & intuition) for news in this on Monday... Could also be Tuesday, but it's coming. I was getting September 11th in meditations through the year starting on 3/12 with the message of "good news" for XXII.
I have tons of timing around now into Monday for it. Meaning when I've asked advice my dowsing suggests getting a date and this date zone comes repeatedly. When I ask what's important about this time I get that there's news that sends prices up, there's multi-days of buying and it's an "extreme value buy".
I would not hold much of it past 9/18, however, as I literally received instructions to do a partial sell on that date.
The price target is almost $6. I also got $7... Actually, I think this is just the universe playing with me cuz I ask for the "cents" after $7 target & get .77. Like, maybe it's suggesting the lucky 777 from a slot machine. That actually could be a good thing. This stock owes me LOL. And a lot of other people. I'm ready!
Important market price Dollar IndexThe Bullish Channel is continuously gaining strength from a strong pullback from the 99.581 zone after a support breakout. Now at the current level, the US Dollar Index at 102.894 is a very important level and a resistance level in H4.
As per the channel, the US Dollar will fall to 102.440 to give respect to its Demand zone.
With the channel formed and the major zone marked, the dollar is gaining strength day by day and will touch the 104.500 zone.
As per the gold and major pairs, they will shortly show some bullish movement with short wave corrections in the US dollar price, but the us dollar will be in a bullish trend.
Fundamental market movements will also have a positive impact on the dollar.
The Key zone in US dollar from short reversal;
1- 102.894
2- 103.443
3- 103.714
Mark the US Dollar Index chart, and you will get some good pips in Gold and major currency pairs for short-term bullish movement.
Note: Keep an eye on the US Dollar Economic Currency calendar for better understanding.
Weekly Forex Forecast – GOLD (XAU/USD)Gold (XAUUSD) Technical Analysis
Using the 1-day timeframe, it is imperative to note that the price of gold rebounded slightly from a significant level last Friday, yet it failed to hit its 50-day moving average of $1,945. It is crucial to keep a keen eye on this level as it now acts as a primary barrier. This area also serves as the previously broken support, which has the potential of becoming a resistance. Failure to surpass this level may result in the bears taking control of the market, causing a retest of support between $1,930 to $1925. Furthermore, in case the market weakens further, there is a possibility of prices reaching the next major support between 1906 and 1896.
However, if XAU/USD manages to break through its 50-day SMA, it could create bullish momentum, leading to an attack on the $1954 area and then $1972. Therefore, it is crucial to closely monitor these trends.
EURUSD IdeaWhoa, bro, we gotta keep our eyes on DXY, the dollar, as well! 🤙 If DXY is not in sync with the EUR/USD pair, it could mean the dollar might lose some strength, dude. And when that happens, there's a higher chance that EUR might catch a gnarly wave and head higher!
But, like, no worries, man! We'll keep our cool and patiently wait for those economic pushes during the NY session. The market can be a wild ride, but we're all about catching those sick waves, and we'll ride them with style!
So, let's stay optimistic, bro, and listen to what the market is telling us. If we spot some juicy volume spikes and DXY isn't keeping up, it might be a signal to hop on the ETH train and ride it like a super cool, carefree surfer carving up the waves!
Peace, my friend, and let's ride the market like the true wave warriors we are! 🏄♂️🌊✌️
XPEV collaborating with VW = China EV on fire !XPEV is trending up. It is Chinese in the biggest EV market on the planet.
No import duties. Low-interest rates on debt and consumer auto loans here
as the government is doing the opposite as the US fed. Now the collaboration
with VW which has legacy excellence in manufacturing with XPEV whose
forte may be technology and autonomous driving innovation. On the 2H
chart, the stock price jumped fast and hard on the news catalyst. The
MACD launched signals over the histogram and the Volume Price Trend
screamed higher. This all spells momentum. While there is a risk of a downfall
reversal and drop as they saying goes make hay while the sun shines.
There may be shadows of short selling squeezing here. Time will tell. For
sure being late to the party is sometimes a waste of time. The real show
will be watching XPEV/ VW competing with both NIO and TSLA in China.
To the victor goes the spoils. Hold on as the ride will have some bumps.
gold before unemployments claims hi guys
we always have unemployments claims every Thursday for news trader:D really good chance for taking swing
we have great support at 1964 (also bottom of channel) and a good resistance at 2000
just look at the actual news ...
if the actual is greater than forecast :SELL target= 1970 and then 1964
if bad for USD : BUY target: 1990 _ 2000 (fibo 61% daily)
also we have a negative divergence in H1 , i prefer gold is going down today (opposite main direction)
keep an eye on news... good luck
USDCAD(PRE-NEWS ANALYSIS)FX:USDCAD As it is shown on the chart that we have a three move impulsive same color candle movement to the upside which caused the creation of an order block and oversaw developments of a fair value gap, now with the upcoming news release bulls that missed out on the opportunity might have an opportunity to go long on a fair price.
1.Possible scenario one : would be that price goes on to mitigate the bullish order block and go to the upside
2.Possible scenario two : would be another long opportunity presented by a Bos to the upside and then a mitigation of that POI which caused the upwards move
NEWS RELEASE : 14:30 SAST
TOMORROW : 14:30 SAST
XAUUSD - IDEAS AND OVER VIEWS WHAT TO DO COMING WEEKHere is quick understanding about gold
Gold had shown consolidation after it broke resistance near $1940 -$1935 range in recent market, which was due to the CPI report. The decrease in consumer inflation also resulted DXY prices to decrease, which led the gold to consolidate through out the day.
As per the current situation the resistance level that is coming ahead is $1963, followed by $1972. There is a good chance to sell from $1972 for at least 8$-10$ target. If by any chance gold breaks $1972 we can then aim for 1984$.
On the other side, if gold depletes, it is advisable to go for long positions from 1952$ or even 1940$, with the target to 1962$- 1972$.
resistance point - 1962, 1972, 1984
support point - 1950 -1940 - 1920
What do you guys think ?
Can TLRY continue the momentum and is the news buyable ?TLRY jumped 10% in two trading days following the announcement of "gummie beer"" by
its subsidary Sweetwater Brewing. Traders who trade TLRY seem impressed and that is what
counts. Objectively, a gummie product containing alcohol seems to be a nonstarter given
regulatory hurtles and then marketing of familiarity. No doubt users could titrate the desired
effects as easily as liquid alcohol consumption. The chart of TLRY is not the best. Price
has surged to the overvalued zone of between 2 and 3 deviations above a mean VWAP anchored
last week. That is to say it may be overbought. The indicators are okay showing relative
strength in two-time frames over 50 but under 80 while the MACD K/D lines are rising and
parallel. I will add this to my watchlist for now. I am not yet ready to take a hit.
NQ1! Supply Demand Levels 7/5Link to chart: www.tradingview.com
After a low volume start of the week, we are running into news from 7/5-7/7. I am expecting to see some volatility due to the news releases we have this week and the start of July. We are currently sitting between zones on every timeframe, but most importantly, we did break out of the 4HR downtrend from June 16th. We are sitting near the beginning of that downtrend so I am interested to see if we can break upwards and out, or if we fail below and retest back.
As always, staying open minded to what can happen next!
EOW
BULLS: A push to 6/16 highs of 15475 to 15524 (R1 Pivot on the 4HR).
BEARS: A retest of 6/28 highs once more where price consolidated before at 15268 to 15228 to 15176 (P Pivot on the 4HR).
NQ1! Supply Demand Levels 6/20We just recently broke from the 1HR downtrend line and looking to break to make newer highs. We have news releases this week for possible momentum to do just that. For this reason, I have bigger EOW targets to possibly reach. For intraday targets, targeting 0.5-1% of the NQ price.
BULLS:I am interested in breaking the top of the trendline at 6/16/23 recent highs of 15475 and then the Daily supply zone above to be filled near 15.5k.
BEARS: I like the 14981 area as we had previous bounces on the 4HR TF about 3x. If we can break through this area, I would like the 14879 zone to be filled.
Link for chart: www.tradingview.com
Daily Market Analysis - Thursday June 15, 2023Market Analysis: Global shares decline, dollar recovers as Fed pauses rate hikes; ECB and BOJ meetings awaited.
Key events on the economic calendar include:
New Zealand GDP (QoQ) for the first quarter.
Eurozone Deposit Facility Rate announcement for June.
Eurozone ECB Interest Rate Decision for June.
US Core Retail Sales (MoM) data for May.
US Initial Jobless Claims report.
US Philadelphia Fed Manufacturing Index for June.
US Retail Sales (MoM) data for May.
Eurozone ECB Press Conference.
On Wednesday, global stock markets saw a decline, while the US dollar managed to regain some of its losses. This came after the US Federal Reserve, as expected, announced a pause in its interest rate hikes. However, the central bank also hinted at the possibility of raising rates by an additional 0.5% before the end of the year.
During its recent two-day meeting, the Federal Reserve presented new economic projections that indicated a potential 0.5% increase in borrowing costs by the end of 2023. This projection was based on a stronger-than-expected economy and a slower decline in inflation.
US Fed funds rate
The Federal Open Market Committee (FOMC), responsible for determining interest rates, unanimously stated in its policy statement that maintaining the current target interest rate range during this meeting would allow the committee to assess additional information and its implications for monetary policy.
While it was widely anticipated that the US Federal Reserve would pause its rate hikes, the focus shifted to the communication surrounding potential future increases. In a surprising twist, the participants of the FOMC adopted a more hawkish stance. The median forecast for the end of 2023 regarding the Federal Funds rate was revised upward by 50 basis points, now ranging from 5.50% to 5.75%.
SPX NASDAQ and DJI indices daily chart
Following the announcement, the closing results of the stock market exhibited a mixed picture. The Dow Jones index concluded the day with a decline of over 230 points, while the S&P 500 index managed to secure a modest gain of 0.1%. The Nasdaq index, on the other hand, experienced a more significant increase of 0.4%. Notably, the Nasdaq Composite index was primarily driven by the positive performance of AI-related stocks, including Nvidia and AMD.
In addition to the stock market movements, Wednesday started with Bitcoin surpassing the $26,000 milestone. However, it retraced shortly afterward and reached a 24-hour low of $25,791. Analysts are speculating that it may potentially drop further to $25,000. These sentiments are influenced by ongoing discussions on cryptocurrency regulation, which have been dominating the news recently.
BTC/USD daily chart
On the flip side, gold prices initially saw an uptick, reaching $1,959 per ounce during the session. However, as Asian traders kickstart their day, the price of gold has resumed its downward trajectory, edging closer to the $1,930 level. This downward movement can be attributed to the hawkish stance of the US Federal Reserve (Fed), which has bolstered the United States Dollar (USD). The prevailing market sentiment currently favors the USD, consequently exerting downward pressure on the price of gold.
XAU/USD daily chart
The US dollar has demonstrated a decline against multiple currencies, resulting in a 0.32% drop in the DXY index. Among the currencies, the New Zealand dollar (NZD) experienced the most notable movement, surging by over one percent and reaching a three-week high at $0.6211. Meanwhile, the Euro (EUR) and the British Pound (GBP) registered more modest gains, each recording an increase of 0.39%.
NZD/USD daily chart
Despite the release of favorable exports and machinery orders data, the Japanese yen encountered a 0.9% decline, emerging as the primary loser in the Asian markets.
Investor focus was predominantly directed towards the upcoming Bank of Japan (BOJ) meeting scheduled for Friday. It is widely expected that the central bank will maintain its accommodative monetary policy stance to bolster domestic economic growth. This anticipated approach is anticipated to have a favorable influence on Japanese stocks.
USD/JPY daily chart
Nevertheless, the Japanese yen is expected to encounter further selling pressure as interest rates rise in other regions, diminishing its appeal.
Bank of Japan (BOJ) officials, including the newly appointed Governor Kazuo Ueda, have expressed their intention to maintain the bank's yield curve control policy to provide support to the domestic economy.
Furthermore, the diminished anticipation of Japanese government intervention in stabilizing currency markets has contributed to the yen's weakening. While officials have issued verbal warnings, no concrete actions have been taken thus far.
Currently, traders are closely watching the upcoming monetary policy announcements from the European Central Bank (ECB), scheduled for later in the day at 12:15 GMT. It is widely anticipated that the ECB will implement a 25 basis points increase in key rates. However, the Staff Economic Projections and the subsequent press conference by President Christine Lagarde will play a crucial role in shaping future policy direction.
Market expectations indicate that interest rates will likely reach their peak in July, with speculation of an additional rate hike following June's increase, followed by a potential pause in September. If the ECB adopts a more hawkish stance by implementing a rate hike, it is expected to exert additional selling pressure on the price of gold.
Gold 4hr TF setup for CPI When considering CPI, a lower figure is preferred when buying assets such as gold, EUR, EURUSD, Cable, and indices. The weaker the CPI, the better it is for risk assets, especially those associated with hedging against the dollar. For instance, if there is a year-on-year 4.7% inflation and a month-on-month 0.2%, it would be ideal to buy indices and sell dollars because the data has outperformed. If the CPI is lower than expected, buying gold and selling dollars is a good option.
Gold, GBP, EUR, and JPY are some of the assets that may be purchased in such a scenario. Indices such as S&P may move 30-40 points, while Wall Street may see a few hundred points move. Typically, any CPI figure before 4.8 or lower is considered a good data point.
It is crucial to analyze the CPI figure excluding food and energy. Food and energy prices have rapidly increased in the last two years, making them an important outlier. However, we are starting to see food and energy prices normalize, and they have been coming down steadily over the last three to four months.
If the CPI comes out at 5%, and food is at 5.5%, it is not a good number. The ideal situation would be to see continued decreases for six months. If there is a slowdown in one or two months, that is a problem. Currently, the Fed is still raising rates, which can aid in stabilizing prices. CPI inflation and rates are positively correlated.
EUR/USD: 17/05. Good input for sale OANDA:EURUSD I expect EUR to consolidate in the 1.0850/1.0950 range. EUR traded between 1.0855 and 1.0910 before closing slightly lower at 1.0865 (-0.010%). The fundamental tone has softened somewhat and EUR is likely to drop lower today, but any decline could be part of a lower range of 1.0839/1.0895. In other words, a clear break below 1.0845 is unlikely.
Next 1-3 weeks: “Our update from Monday (May 15, spot at 1.0855) is still valid. As highlighted, the outlook for EUR remains negative and the level to watch is at 1.0805. On the other hand, a breach of 1.0945 (no change to 'strong resistance') would indicate that the EUR weakness that began mid-week is over.
SELL EURUSD zone1.08600 - 1.08800
Stoploss: 1.09100
Take Profit 1: 1.08100
Take Profit 2: 1.07500
Gold Based on technical analysis, there is a possibility of gold retesting the area around 2020. If it breaks above this level and successfully retests, it may touch the range of 2032-2040.
However, it is crucial to exercise caution, particularly in light of high-impact news events scheduled for today.
PPI News Release tomorrow. What is it? The U.S. Producer Price Index (PPI) MoM release is tomorrow (14:30).
In this idea I will talk about what it is and how we can make money of this as traders :)
What the # is PPI?
The Producer Price Index (PPI) measures the price change on the manufacturing side.
In contrast to CPI, Consumer Price Index, which measures what consumers pay for their stuff!
So, the PPI covers the price changes of the sellers and that is why it is widely considered as one of the most important indicators for inflation.
How does PPI influence the dollar?
When the PPI rises, this sends a message to the fed that inflation may be taking place so they should raise interest rates to 'fight' this inflation.
The interest rates hikes generally lead to higher value of the dollar.
Rising PPI = signal of inflation = policy of higher interest rates = more attractive to investors = dollar is more in demand = increase in value
Same things goes for the other side:
Low PPI = low indicator for inflation = message to fed to ease up with the rate hikes = lower interest rate = Generally bearish for the dollar.
So always buy the dollar when PPI rises?
NO! You should also take a look at the monetary policy of the counter currencies countries. Because lower interest rates in USA generally DON'T mean a decrease in the dollar value for USD/JPY if the interest rates are even MORE lowered in japan.
Conclusion
To be honest, the best way to 'make' money in the long term during major news events is to not trade at all. Because of the major volatility spike you can lose money very quickly and there is also have very high risk of slippage on your trades. Trading big news events is like gambling and that's not what we do. Maybe you experience a little bit of FOMO when you see the beautiful big moves that you 'could have gotten into' but it WILL pay off in the long run to avoid trading during major news events.
I give daily ideas about market analysis, trading psychology and trading in general.
❤️ If you appreciate my work, please like, comment, follow and send to someone you think should read this. ❤️
If you don't then don't! :)
@yorick7878
I wish you all good trading!
Market News and Events that Affect Forex Prices
Forex trading is an exciting and dynamic market that is influenced by a wide range of news and events. In order to make informed trading decisions, it is important to keep up-to-date with market news and events that can affect forex prices. Here are some key factors that can have an impact on the forex market:
1. Economic Indicators: Economic indicators such as GDP, inflation rates, and employment data are closely watched by forex traders as they can provide insights into the strength of a country's economy. Positive economic data can lead to a stronger currency while negative data can lead to a weaker currency.
Central Bank Policy : Central banks play a key role in setting interest rates and monetary policy, which can have a significant impact on forex prices. Changes in interest rates or announcements regarding monetary policy can lead to fluctuations in currency values.
Political Events: Political events such as elections, trade negotiations, and geopolitical tensions can also impact forex prices. For example, the Brexit vote in the UK had a significant impact on the value of the British pound.
Natural Disasters: Natural disasters such as earthquakes, hurricanes, and floods can also affect forex prices. These events can impact the supply and demand of goods and services, which in turn can impact currency values.
Market Sentiment : Market sentiment refers to the overall mood of traders and investors towards a particular currency. Positive sentiment can lead to an increase in demand for a currency while negative sentiment can lead to a decrease in demand.
It is important to note that not all news and events will have an impact on forex prices and the impact can vary depending on the specific currency pair being traded. It is also important to have a solid understanding of technical analysis tools such as charts and indicators, as well as a strong understanding of risk management, in order to make informed trading decisions. By keeping up-to-date with market news and events and using a combination of fundamental and technical analysis, forex traders can increase their chances of success in this dynamic market.
Weekly Forecast: XAU/USD could break out of range on NFP?# ****Gold Price Weekly Forecast: XAU/USD could break out of range on NFP? ****
Gold has been struggling to make a decisive move following a correction from the $2,000 level. While the technical outlook points to a bullish bias, buyers are likely to remain hesitant in the near term. Market participants are closely watching the US Nonfarm Payrolls (NFP) data, which could trigger the next big action in the XAU/USD pair.
Last week, gold price faced bearish pressure and suffered heavy losses on Monday after First Citizens BancShares Inc announced its purchase of all the loans and deposits of SVB. The news led to a positive tone in the markets, causing global bond yields to gain traction and XAU/USD to drop all the way to $1,950. On Tuesday, the Consumer Confidence Index in the US improved slightly, and the one-year consumer inflation expectation of the survey edged higher, but this data failed to provide a boost to the US dollar.
Wednesday saw Alibaba Group Holdings' plan to split its business into six units and have them listed publicly, allowing risk flows to dominate markets during the first half of the day. However, in the absence of high-impact macroeconomic data releases, gold price fluctuated in a narrow channel and struggled to make a decisive move in either direction. On Thursday, the US Bureau of Economic Analysis (BEA) announced a revised fourth-quarter Gross Domestic Product (GDP) growth down to 2.6%, coupled with a 7,000 increase in the Initial Jobless Claims in the week ending March 25. Despite these disappointing data releases, XAU/USD regained its traction as the US dollar continued to weaken in the risk-positive market atmosphere.
On Friday, mixed PMI readings from China made it difficult for XAU/USD to find direction early on, but the Core Personal Consumption Expenditures (PCE) Price Index's decline to 4.6% on a yearly basis in February from 4.7% in January helped XAU/USD hold its ground ahead of the weekend.
Next week, the US ISM Manufacturing PMI will be watched closely by market participants, especially the Prices Paid component of the survey, which climbed to 51.3 from 44.5 in January, revealing an increase in input inflation. The market is yet to figure out whether the US Federal Reserve will raise its policy rate one more time by 25 basis points (bps) in May. If the PMI survey points to an acceleration in the manufacturing sector's input inflation, hawkish Fed bets could return and help the US dollar find demand, potentially putting XAU/USD under bearish pressure.
ADP's private sector employment report and the ISM Services PMI will be featured in the US economic docket on Wednesday. ADP Employment Change is forecast to decline sharply to 10K in March from 242K in February. A negative print could weigh on the US dollar, causing markets to price in a dismal March jobs report. A noticeable decrease in the Prices Paid sub-index of ISM Services PMI could also hurt the US dollar, and vice versa.
Ahead of the weekend, the US Bureau of Labor Statistics will publish the labor market data for March, which is forecast to show a decline of 8,000 in Nonfarm Payrolls (NFP). Even if the NFP comes in higher than expected, any reading below 50,000 should be seen as a red flag and trigger a leg lower in US yields and the US dollar. On the other hand, an increase of 100K or higher in NFP could weigh on XAU/USD by lifting yields.
Market participants will also continue to pay attention to comments from Fed officials. Although policymakers are unlikely to try to steer the markets in a certain direction before seeing the jobs report and March