Overview
Global Market AssumptionsHello.If we try to analyze the current situation by looking at 8 major pairs:
1 - U.S Dollar Currency Index
2 - S&P Goldman Sachs Commodity Index
3 - Gold Spot
4 - Gold / Silver Ratio (XAUXAG)
5 - S&P 500 Index
6 - Euro
7 - Australian Dollar
8 - U.S Dollar / Japanese Yen
Assumptions
A
If 1 moves down towards the trend line:
* The probability that 2 moves up towards the trend line increases.
* Although nothing definitive can be said for 3 (due to the inflationary trend)
If political and pandemic risks are low:
Horizontal-downward movements can be observed in 3.
* If the above moves occur at 3, the number 4 moves downwards towards its trend line.
* While the movement at 4 is taking place, the number 5 can become a twin peak.
* Horizontal upward movements may continue at 6 and 7. ( But the upward move at 6 may be more forceful.)
* Downward movements can be observed at 8.
B
If 1 continues its upward movement above trendline :
* There may be drastic drops in 2.
* Although nothing definitive can be said for 3 (due to the inflationary trend)
If political and pandemic risks are low:
Horizontal-downward movements can be observed in 3. (This time With DXY, gold is suppressed and downward movements are more likely to occur.)
* If the risk of political and pandemic continues, 4 remains above the trend line. (Vice versa for low politic and pandemic risk)
* While the movement at 4 is taking place, the number 5 can can be drawn towards its own trend line.
* There are sharp drops at 6 and 7. (Especially 7) (Firstly trendline pullbacks)
* Sharp upward movements can be observed at 8.
These are only typical assumptions.
Regards.
AUDUSD : Big Short Loading ...AUDUSD Terminal Overview :
We can observe that the Australian Dollar increased much more in the DXY downward phase than other major currencies.
It is clear that this is from commodity attacks because Australia is a commodity country.
It is one of the countries where commodity production is most intense.
Let's take note that when there is a strengthening in the U.S Dollar Index, Australian Dollar is one of the most influential currencies, along with the commodities!
Regards.
GBPAUD : Lucrative Long Position Opportunity may AriseHi.
Percentage change of General Terminal in the process of 61 1D bars: (DXY Drop Length)
As seen in the terminal
Compared to GBP AUD, it is relatively inexpensive.
A strong Parallel Channel is broken.
But there may be a retreat.
After that, a Lucrative Long position opportunity will arise.
I'll try to catch it.
Let's be on guard.
Regards.
Tuesday Watch-list Overview Good evening everyone,
This video is just to go into more detail on the charts I sent out into the group earlier today. We have been taken out of USDCHF for 25pip SL, well done to those who avoided the stop hunt.
I'll still be looking for a short on the pairs as the USD is showing weakness across the board.
The pairs are not yet breaking the previous days lows or highs, so this means they are in NO TRADING ZONES!!!
Remain patient and wait for the setups to arise, you don't have to be in a trade all of the time. Our trade copier has banked over 2% today on USDJPY, do not feel pressured into trading, if you have funds in the copier let the algo do it's thing and focus on trading yourself.
For anyone who would like more information on the paid services we provide at Alpha Trading Group, please leave a message in the comment section below.
Trade safe everyone.
#BecomALeaderBecomeAnAlpha
Bitcoin : I think it's a little early for Short ! Hello.
I think that short position will not be brought to the agenda without ensuring permanence under the green trend line for Bitcoin.
Cryptocurrency Terminal :
Comment
Hashrate and Bitcoin Total Transactions data seem healthy.
In general, we can say that Blockchain data is above average.
We bring short positions to the agenda when a few bars below the green trend line are permanent .
Let's notify each other.
Regards.
Bitcoin Still Bullish Despite the Bart? 📊 | BITCOIN ($BTC)📈📉Bitcoin saw some exciting price action in the past 24 hours, but the volatility did very little to change the bullish trajectory. In theory, the money printing, uprisings, and tech bull market should be a perfect storm for crypto (and Bitcoin especially). With a bullish chart and a bullish backstory, our outlook on BTC is bullish. Let's look at some levels for the bulls to buy.
Assuming we don't just get bullish confutation from here and instead see consolidation first, the S1 S/R flip and orderblock cluster is our first support range, but it is the S2 S/R flip and orderblock cluster range that we are looking to find support and see potential accumulation.
To the upside, we have R1 at the previous high which should act as minor resistance on the way back up, and then we have the R2 S/R flip and orderblock cluster and the R3 orderblock cluster which should see reactions as well.
The overall plan for the bulls is simple, re-accumulate / accumulate at S2 and ride the bullish correction back up to the next previous swing high that need to be retested at R3.
Resources: www.coindesk.com + www.coindesk.com
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GBPCHF : OverviewHello Traders.
First of all , if you think this analysis is useful to you,
press the LIKE button after read )
More importantly, let's get into comment sharing!
Let's start.
GBPCHF 1W Chart
Momentum weakening continues for the moment.
The only thing to say positively is that the Distributional Buy signals have been seen in the past.
Terminal Status on Autonomous LSTM Period
CHF and GBP Positions appear to have increased almost equally, but GBPUSD remains discounted.
Profitable regions in terms of Risk / Reward Ratio are shown on the chart.
If we come to those regions, the idea will be updated again by looking at the supporting indicators.
If direction determination is provided, it will be shared as a new idea.
I will look at the COT Positions again on Friday night.
Let's notify each other about GBPCHF. 👌
Best regards!
Crypto BulletinThere is some activity in the Cryptocurrency Market.
Litecoin was one of the first moving instruments in the past time.And we had a start to keep us vigorous ! (On Related Ideas)
Weekly closing value before Monday is very important.
I do not expect a major reaction from the minor instruments such as Siacoin and Stellar, which have places to go, even if there is a permanent response, and we catch them.
If they achieve the necessary achievements, we will definitely talk about them in detail!
The priority on Bitcoin does not include a good Risk / Reward Ratio on the weekly chart, we need to get down to smaller time frames and take some risk.
Then, respectively:
I'm going to observe Ethereum, Ripple (which doesn't take place here because of so close it's resistance), Stellar and Siacoin.
Let's take a look at the first minutes of Monday.
Positive scenario :
If bull market continues, I'm waiting for the first move at the Ethereum and then at Ripple.
Under favorable conditions, we examine each Cryptocurrencies individual and specific support and resistances.
Let's wait and see,regards !
Bitcoin OverviewHello, if we remember, Bitcoin started strong attacks by reacting strongly to a 30-week downtrend and we have to look 25 weeks to understand Blockhain Data Relative Change on falling point :
Currently, the Buy Signal continues on the weekly chart.
But we are a few millimeters away from the resistance (9335.7) :
If we look at the Terminal status in this 25 Weeks period:
Blockchain data change seem strong.
There is only a decrease in the Transaction Volume.
However, it should not be ignored that this data is that is subject to great changes even during the day.
Apart from this, it seems that some altcoins are trading with very discount.
In the continuation of the positive scenario, those who are over-discounted have the chance to rise more than bitcoin.
(If they have no subjective problems)
It should not be forgotten that they will take a share in the continuation of the positive scenario.
So let's give importance to Minor Resistances in the Bitcoin subj.
Conclusion
It is very important that the weekly closing is above the resistance and the Buy signal does not change for Long.
The bulls are strong now.
Therefore, it can only be considered at a close under support.
By the way,
Our Altcoin trades continue.
I'm attaching them on Related Ideas , if you want to look at them too . (Litecoin ended and waiting for Ripple Weekly Close too.)
Regards and have a nice day!
Ripple : Strong MomentumRipple (XRPUSD) is hovering over Minor Resistance.
Trendline breakout observed.
After this Weekly closing :
If the Long Signal situation does not change, Long Position can be tried.
Minor Support Level : 0.22200
Major Resistance Level : 0.27954
Major Support Level : 0.16433
It will be shared as a new idea with direction.
Regards.
EURUSD : Which Cypher ? Hi.
At EURUSD, first the Bearish Cypher Pattern worked and we came down.
Now for the work of Bullish Cypher Pattern,
A closing on the Blue Trendline is required.
There is not much hint when we look at COT Net Positions :
Only 2% Position increase is observed on Autonomous LSTM Adaptive Period.
Let's follow the Blue trendline.
1W Chart Status :
And we are under the influence of Bearish Cypher whenever we cannot break this trend line.
It should not be forgotten.
Finally, if you think this analysis is useful to you,
press the LIKE button )
Regards.
EURJPY Bullish Wedge Breakout and Waiting for Long OpportunityIt would be correct to look at the reactions of the positions in the 48-week drop in the EURJPY pair :
Last 48 Week :
COT Positions :
-For JPYUSD
Despite the rise, there is a 6.76% decrease in COT positions.
-For EURUSD :
Despite the decline, a 7.21% increase in COT positions.
The Bullish Wedge Breakout here shows that a downtrend of very high standards is over.
Long Signal is possible when the signals return to positive.
I shared it in order not to forget it.
In addition, we are also under the Long signal effect on the weekly chart :
Here, the Risk / Reward Ratio remains a bit low, and a buy signal in Euro / Dollar parity would feel much safer.
However, if a Buy signal comes at lower timeframes in the Oversold region, it can be evaluated.
It must be watched carefully!
Regards.
Crypto OverviewAlthough some blockchain data in cryptocurrencies have shown improvements in the last 30 weeks,
I think it is necessary to see a significant increase in transaction volume.
Despite the falling prices, a 27% decrease in transaction volume continues.
A remarkable increase in transaction volume takes us to the 9300 levels we expect for Bitcoin.
In order for strong upward movements to take place, the price of bitcoin should be confirmed as an increase in the transaction volume, otherwise we would see empty movements.
In the event of an increase in this transaction volume, both Bitcoin and then Major Altcoins will participate in the rally.
It is good to follow.
Regards.
S&P 500 Sectoral OverviewWe have already mentioned that the S & P500 major rally started 57 weeks ago :
We are now facing a tough sale.
So which sectors were traded on the index or discounted in this process?
You can view them from the terminal.
I would like to write the sectors that remain inexpensive so that when we return to the favorable atmosphere, keep in our mind:
OSX : PHLX Oil Service Sector Index
XNG : NYSE ARCA Natural Gas
SPSIOP : S&P Oil and Gas
NQNACE : Nasdaq Yewno North America Cannabis Economy Index
CONCLUSION :
We see a discount from the commodity in general and the oil and gas sector in particular.
But in order for us to evaluate them, there should be a time when we expect both an increase in the related commodities and a positive atmosphere in the S&P 500, then we can turn to these sectors and make profitable investments.
Regards.
Stock Markets OverviewWe have already mentioned that the S & P500 major rally started 57 weeks ago.
From this rise, Japan, England, Australia, China,
Hong Kong, India,
Norway, Sweden, Singapore, Turkey, South Africa, Spain Exchanges We observe that the U.S Dollar based Indices on the terminal.
But it should not be forgotten that:
these countries should be directed to the S & P500 ascension continues, as exits can be to safe ports.
The gold positions have not been resolved yet, and it does not seem easy to solve.
Regards.
Futures OverviewWe have already mentioned that the S & P500 major rally started 57 weeks ago.
So what is the situation in the future markets in these 57 weeks?
What are the positions of positions?
In particular, we see that Euro and Australian Dollar currencies are in decline despite the 57-week rally, the Australian Dollar is an excellent pair to observe commodity movements.
We can't talk about a general commodity rally right now, but we can watch it in February because the stock markets have become a little more cautious.
The change of the British Pound, Canadian Dollar and Swiss Franc positions in 57 weeks is enormous.
From Agricultural Commodities, we observe that Corn and Soybeans remain cheap, but this cheapness is not yet sufficiently positioned.
On Industrial Metals, on the other hand, have the same cheapness in Copper and positions are slightly stronger.
Platinum has experienced an enormous increase and positions are strong.
It can continue for a while like this.
Regards.
General OverviewWe are in the 57th week after a strong rally starts at S&P 500:
In these 57 weeks, the S&P 500 index gained about 30.6%.
Major commodities other than Natural Gas have taken their share from this value gain.
We observe that Japanese Yen positions are starting to increase.
There is very little position increase in Euro, we would like to see more.
Iron ore was valued more than the S&P 500 index in these 57 weeks, which has seen a big sale today.
We observe that the U.S Dollar Index and VIX CBOE Volatility Index remained calm as it should be during this rally.
There has not been any obvious position increase yet.
But since last week, we watched a VIX movement increase over 6%.
The decline in the US 10-year bond yield has supported this rally, but there has not been a significant increase in positions yet.
We can understand this by looking at the 10Y T-Note positions.
After Looking at other terminals, the situation will be shared.
Regards.
#eurusd - Between P-Y and P-QHello fellow traders,
since EURUSD did not overcome the Yearly Pivot, it has been showing now, that for now it is accepting the Quarterly Pivot as temporary support.
The white area you see is a historical area, where EURUSD does often accumulate. As this could be a retest of the falling c-c trend line, this levels have to be watched carefully until it either breaks up
the Yearly Pivot, or breaks down the dotted yellow fractal lead line and the P-Q.
As usual I have marked all important upcoming levels for you.
At current price, EURUSD is maximum a hold (we have slightly increased bullish odds here).
For scalpers this means, you would look out for both directions to trade. No reason to give one side a huge overweight at the moment.
Neru
Ethereum OverviewWhen we look at the Ethereum on a weekly basis, we can see unconfirmed signals.
A strong Long signal may appear, especially in the upward refraction of the trend line.
Otherwise, we can expect the support to approach 85.90.
The first resistance upward movement 236.7, the main resistance level 386.63 species.
New Generation Analysis Method: TrashNOTE : This does not refer to any institution, organization or person.
Common mistakes or mistakes made to give hope and gain fame:
The most common is to make the dependent events repeated several times in the past the strongest premise of repeating without showing any scientific evidence.(Foundation = Correlation Coefficient , Avg error etc )
To draw the future events as if they were experienced and to establish a fulcrum.
Not to use support, resistance stop-loss, comments above global economic technical analysis, affiliated market reviews confirmation, trend lines and/or channels , valuable risk/reward ratio with long / short trades.
To show the most profitable period of classical methods and to create an illusion of confidence about the future.
On related ideas you can see an example too.
CONCLUSION :
People prefer the lies they want to hear to the facts they don't want to hear.
Regards !