Community ideas
Day 7- The £20 to £1million in 1 year update.Follow this Epic adventure as I turn £20 into £1million aiming to complete within 1 year. Day 7 update as I go through change of risk approach, strategy update and next stages with the updates!
Stick around, follow me on tradingview and on youtube! Keep on trading!
Filecoin - Still in accumulationHello everyone, as you know if you follow me, one of the coins I’ve been accumulating for years is FIL. From both a technical and fundamental analysis perspective, I believe it’s the bet with the absolute highest potential in the crypto world. Speaking of my analysis, as you can see, we’re still in an accumulation phase for about 2-3 years now, with a range between $2.3 and $7-10. In recent weeks, we’ve seen a retest of the all-time low, and right now it’s testing the lowest monthly close of the previous cycle. That said, I expect a fairly rapid rise toward $7 soon, with the possibility that it finally breaks out of the range and starts running toward the previous ATH at $230. In any case, the risk/reward is truly excellent, probably the best in the entire crypto market. Thanks to everyone for your attention, and I hope the video is helpful for your analyses.
ai 517taDuring the week of May 12–16, the S&P 500 E-mini futures (ES) displayed a cautious but resilient tone as price action consolidated near all-time highs. The market reflected a balance between optimism around earnings and caution ahead of upcoming macroeconomic data. Volatility contracted through the middle of the week but picked up slightly on Friday as traders repositioned for the following week.
ORB✅ Your Execution Plan
Set Your Indicator Before Session Opens
Use the ORB indicator on TradingView to auto-mark the high/low range
Adjust time settings to match session window (1 or 2 hour range)
Wait for a Candle to Close Outside the ORB Box
Buy: Candle closes above the ORB high
Sell: Candle closes below the ORB low
Confirm With Structure
Higher timeframe (4H/1H) aligns with breakout direction
Candle should show strong body (no wick entry if using Heikin Ashi)
Enter at Close or Retest
Enter at the candle close or a retest of the ORB zone
Set SL and TP
Stop Loss: Inside opposite end of the range box
Take Profit: Size of the ORB box or nearest clean level
Will the USD Bears come back? Stock Market just pulling back?In this video I go over the EUR/USD, GBP/USD and USD/JPY. Will the USD bears come pouring back in or give up the previous low on the EUR/USD...
Some markers I'm watching is a "hidden" divergence on the MACD and it's potential signal for continued bullish strength for the EUR/USD, especially with the U.S. credit rating getting lowered by Moodys.
I'm also watching for a potential reversal to the stock market's massive rally the last couple of weeks. Is this a true reversal or just a major pullback in the grand scheme of things? The last 2 weeks of May will be interesting to watch develop.
As always, Good Luck & Trade Safe.
GBPNZD - Not A Grade A Trade But One w/ MASSIVE TargetsThe trading opportunity here on the GBPNZD isn't a grade A trade in my opinion but the potential for MASSIVE targets may make up for that.
THE GBPNZD has recently violated a key level of structure to the upside & with the recent retracement has offered a very nice bullish trend continuation opportunity.
The only problem with this setup is that due to "sloppy" past price movement, picking an initial target projection can be somewhat difficult.
With that being said, if price can move beyond the initial "sloppy" area, then it will present us with a massive potential to the upside which may make it worth the risk.
Please leave any questions or comments below & I hope you guys have a great weekend.
Akil
EURUSD - Aggressive, Medium & Conservative Target IdeasEURUSD offers an excellent example of how a countertrend trader can take a trend continuation approach to involving themselves in a trade.
After violating a previous high, the Euro has started to retrace. no despite already reaching our conservative prediction point, I do think that there is an opportunity for it to travel lower and that's what we're looking at in today's video.
As we head down to the 1 Hour timeframe we can see that price action ended the week by violating and confirming a descending triangle. With price now retracing back into that previous zone of support (which should now act as resistance), there's the potential to hop on the next move down while achieving some extremely good risk/reward ratios.
If you have any questions, comments, or just want to share an idea, please do so below!
Akil
GOLD - Bullish Trend Continuation w/ Bat Pattern & Complex PBGold has been on a tear for sometime now & well, you know what they say, all good things must come to an end. In saying end, we don't necessarily mean a forever end, but perhaps sometimes a break.
After failing to make a new high, it seems like Gold has reached it's excess or exhaustion phase & is beginning to show signs of relief. If this relief were to continue, not only do we have a good structure level to look for buys at, but it's also accompanied with a potential bullish bat pattern.
Please leave any questions or comments below & if you'd like to share your views from either a fundamental or technical perspective, please do so as I love the conversation.
Akil
Bitcoin Long: Wave 3 of 3 of 3; Target $148,000I've previously called to be neutral of Bitcoin after identifying a wave 5 up on 11th May. Now, I believe that it is once again time to long Bitcoin as I am expecting a wave 3 of 3 of 3 up.
The stop loss should be generous at $100,500 if you can afford it.
The price target if wave 3 = wave 1 is $130,000; The price target if wave 3 = 1.618x Wave 1 is $148,000.
Good luck!
ETHUSD Long: Start of Wave 3 UpAs I explained the wave counts for Ethereum, I believe that we have seen the end of a wave 2 correction and the next wave should be a wave 3 up.
I presented the breakdown of the down move using both Elliott Waves and Fibonacci extension.
As mentioned, the stop loss should be below wave C low or if you can stomach more risk, below the low of previous wave 4. The price target is >$3800.
Good luck!
SPX: time to digest the uptrend?The S&P closed the week at 5,958, continuing its climb along a steep uptrend that’s been in place since mid-April. While momentum remains bullish, we’re now entering a zone where digestion or short-term pullbacks would not be surprising. And not because of weakness, but after every run is a period of digestion.
In this video I first go through how I clear out the noise to focus on the outlook for the next few weeks, re-chart my levels and trendlines, and walk through potential scenarios for the coming week.
AUDUSDThe interest rate differential between the U.S. and Australia is a key driver of the AUD/USD exchange rate, influencing capital flows, investor demand, and currency valuation. Here’s how it impacts AUD/USD:
How Interest Rate Differential Affects AUD/USD
Higher Australian Rates vs. U.S. Rates Strengthen AUD:
When the Reserve Bank of Australia (RBA) sets interest rates higher than the U.S. Federal Reserve (Fed), the yield advantage attracts global investors seeking better returns. This leads to increased demand for the Australian dollar, causing AUD/USD to rise as investors sell USD to buy AUD. This phenomenon is often called the "carry trade."
Higher U.S. Rates vs. Australian Rates Strengthen USD:
Conversely, when the Fed’s rates are higher than the RBA’s, investors shift capital into U.S. assets for better yields, boosting the USD and weakening AUD/USD. Since 2022, Fed rate hikes relative to the RBA have correlated with AUD weakness.
Capital Flows and Market Expectations:
The interest rate differential influences international capital flows. Expectations of future rate changes by either central bank, reflected in futures markets and rate trackers, can cause AUD/USD to move ahead of actual policy shifts. For example, anticipated RBA cuts or Fed hikes typically weaken the AUD/USD.
Trade and Economic Context:
The impact of interest rate differentials is moderated by other factors such as commodity prices (Australia’s major exports), trade relations, and global risk sentiment. For instance, U.S. tariffs on China and other countries indirectly pressure the AUD by affecting Australia’s trade environment.
Summary
Scenario AUD/USD Impact Explanation
RBA rates higher than Fed rates AUD/USD rises Higher Australian yields attract capital
Fed rates higher than RBA rates AUD/USD falls Higher U.S. yields attract capital
Market expects RBA cuts AUD/USD falls Anticipated lower yields reduce AUD appeal
Market expects Fed hikes AUD/USD falls Anticipated higher yields boost USD
In essence:
The interest rate differential between Australia and the U.S. is a fundamental determinant of AUD/USD movements. A wider gap favoring the U.S. dollar tends to weaken the AUD/USD pair, while a narrowing or reversal in this gap can support AUD gains. Traders closely should monitor central bank policies, inflation data, and rate expectations to anticipate shifts in this differential and its effect on the currency pair.
EURJPYnterest Rate Differential
European Central Bank (ECB):
Deposit rate: 2.25% (cut by 25 bps in April 2025).
Outlook: Markets expect two more cuts in 2025, potentially lowering rates to 1.75% by year-end, as tariff risks and weak growth persist.
Bank of Japan (BoJ):
Policy rate: 0.50% (held steady in May).
Outlook: BoJ lowered its 2025 GDP growth forecast to 0.5% (from 1.0%) due to U.S. tariff risks and weak Q1 data. Rate hikes are unlikely until 2026.
Differential: ~1.75% in favor of EUR, though ECB easing may narrow this gap.
Key Economic Data for May 2025
Eurozone
Q1 GDP Growth (Final):
0.3% QoQ (vs. preliminary 0.4%), marking the fifth straight quarter of growth.
Germany (+0.2%), Spain (+0.6%), and Italy (+0.3%) outperformed France (+0.1%).
Risks: U.S. tariffs on EU exports (potentially 20% starting July) threaten future growth.
ECB Policy Signals:
ECB President Lagarde emphasized a data-dependent approach, with further cuts likely if inflation remains subdued.
Japan
Q1 GDP Contraction:
-0.7% annualized (vs. -0.2% expected), driven by weak exports (-5.0%) and stagnant consumption.
U.S. tariffs on Japanese autos (24%) and machinery exacerbate recession risks.
BoJ Caution:
Governor Ueda warned of "downside risks" from trade tensions, signaling no near-term rate hikes despite inflation above target.
Directional Bias for EUR/JPY
Short-Term (May–June 2025): Bullish EUR/JPY
ECB’s higher rates (vs. BoJ’s 0.50%) sustain the euro’s yield advantage.
Japan’s weak GDP and tariff vulnerabilities keep JPY under pressure.
Medium-Term (H2 2025): Neutral-to-Bearish
ECB rate cuts (to 1.75%) could narrow the rate differential, reducing EUR appeal.
Safe-haven JPY demand may rise if U.S.-EU/Japan tariff tensions escalate.
#SHAVYFXHUB #EURJPY #JAPAN #EUROPE #EURO #yen #fx #forex
EURJPYnterest Rate Differential
European Central Bank (ECB):
Deposit rate: 2.25% (cut by 25 bps in April 2025).
Outlook: Markets expect two more cuts in 2025, potentially lowering rates to 1.75% by year-end, as tariff risks and weak growth persist.
Bank of Japan (BoJ):
Policy rate: 0.50% (held steady in May).
Outlook: BoJ lowered its 2025 GDP growth forecast to 0.5% (from 1.0%) due to U.S. tariff risks and weak Q1 data. Rate hikes are unlikely until 2026.
Differential: ~1.75% in favor of EUR, though ECB easing may narrow this gap.
Key Economic Data for May 2025
Eurozone
Q1 GDP Growth (Final):
0.3% QoQ (vs. preliminary 0.4%), marking the fifth straight quarter of growth.
Germany (+0.2%), Spain (+0.6%), and Italy (+0.3%) outperformed France (+0.1%).
Risks: U.S. tariffs on EU exports (potentially 20% starting July) threaten future growth.
ECB Policy Signals:
ECB President Lagarde emphasized a data-dependent approach, with further cuts likely if inflation remains subdued.
Japan
Q1 GDP Contraction:
-0.7% annualized (vs. -0.2% expected), driven by weak exports (-5.0%) and stagnant consumption.
U.S. tariffs on Japanese autos (24%) and machinery exacerbate recession risks.
BoJ Caution:
Governor Ueda warned of "downside risks" from trade tensions, signaling no near-term rate hikes despite inflation above target.
Directional Bias for EUR/JPY
Short-Term (May–June 2025): Bullish EUR/JPY
ECB’s higher rates (vs. BoJ’s 0.50%) sustain the euro’s yield advantage.
Japan’s weak GDP and tariff vulnerabilities keep JPY under pressure.
Medium-Term (H2 2025): Neutral-to-Bearish
ECB rate cuts (to 1.75%) could narrow the rate differential, reducing EUR appeal.
Safe-haven JPY demand may rise if U.S.-EU/Japan tariff tensions escalate.
#SHAVYFXHUB #EURJPY #JAPAN #EUROPE #EURO #yen #fx #forex
EURJPYInterest Rate Differential
European Central Bank (ECB):
Deposit rate: 2.25% (cut by 25 bps in April 2025).
Outlook: Markets expect two more cuts in 2025, potentially lowering rates to 1.75% by year-end, as tariff risks and weak growth persist.
Bank of Japan (BoJ):
Policy rate: 0.50% (held steady in May).
Outlook: BoJ lowered its 2025 GDP growth forecast to 0.5% (from 1.0%) due to U.S. tariff risks and weak Q1 data. Rate hikes are unlikely until 2026.
Differential: ~1.75% in favor of EUR, though ECB easing may narrow this gap.
Key Economic Data for May 2025
Eurozone
Q1 GDP Growth (Final):
0.3% QoQ (vs. preliminary 0.4%), marking the fifth straight quarter of growth.
Germany (+0.2%), Spain (+0.6%), and Italy (+0.3%) outperformed France (+0.1%).
Risks: U.S. tariffs on EU exports (potentially 20% starting July) threaten future growth.
ECB Policy Signals:
ECB President Lagarde emphasized a data-dependent approach, with further cuts likely if inflation remains subdued.
Japan
Q1 GDP Contraction:
-0.7% annualized (vs. -0.2% expected), driven by weak exports (-5.0%) and stagnant consumption.
U.S. tariffs on Japanese autos (24%) and machinery exacerbate recession risks.
BoJ Caution:
Governor Ueda warned of "downside risks" from trade tensions, signaling no near-term rate hikes despite inflation above target.
Directional Bias for EUR/JPY
Short-Term (May–June 2025): Bullish EUR/JPY
ECB’s higher rates (vs. BoJ’s 0.50%) sustain the euro’s yield advantage.
Japan’s weak GDP and tariff vulnerabilities keep JPY under pressure.
Medium-Term (H2 2025): Neutral-to-Bearish
ECB rate cuts (to 1.75%) could narrow the rate differential, reducing EUR appeal.
Safe-haven JPY demand may rise if U.S.-EU/Japan tariff tensions escalate.
#SHAVYFXHUB #EURJPY #JAPAN #EUROPE #EURO #yen #fx #forex