Daily Checklist Before The Market Opens | Sep-13 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of 6.71
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 44.15%
🚀Daily Expected Move: ±2.47
🚀Weekly Expected Move: ±5.43
🚀Monthly Expected Move: ±11.31
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of 5.87
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1757.9-1731.4
🛸Buy UFOs: 1740.5-1713.7
3️⃣Options IV: 15.79%
🚀Daily Expected Move: ±17.29
🚀Weekly Expected Move: ±38.06
🚀Monthly Expected Move: ±79.23
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: NO
🎯Stats: 2 out of 5.36
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 106.840-106.180
3️⃣Options IV: 10.58%
🚀Daily Expected Move: ±0.74
🚀Weekly Expected Move: ±1.62
🚀Monthly Expected Move: ±3.38
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 25147.5-23122.5
🛸Buy UFOs: 19395.0-19075.0
3️⃣Options IV: 94.64%
🚀Daily Expected Move: ±1329.92
🚀Weekly Expected Move: ±2927.68
🚀Monthly Expected Move: ±6094.46
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Trend-analysis
US30 LONG I am currently in a US30 buy. A very strong resistance level of 32335 was broken earlier in the day. I expect a continuous trend of higher highs and higher lows until the next resistance point is reached (32800) and respected. A W was formed on 15min so I analyzed it on the 5 min time frame and jumped in what I believe is a quick pullback. Asian session should be backed by enough volume to bring market price up to 32800 being as the resistance level i was worried about has now been broken and is no longer respected.Good luck and use proper risk management.
Bullish and Bearish Gold WeeklyMultiple time touching at 1680 and bouncing back to 1800 and above range. In this correction it may take below 1680 look like which will take us to 1500 and below. As DXY is very Bullish.
Trend Analysis Fibonacci Multiple Time Frame Analysis XAUUSD Gold goldanalysis fibonaccianalysis Fibonacci Confluence
Gold Forecast 05/09/2022Bears need to find footing once again below $1,700 to resume the downside momentum. The next cushion is seen at the rising trendline support at $1,690. Should the decline accelerate below the latter, a test of the 2021 low of $1,677 will be on the table, below a break of the yearly lows.”
“The 21-Daily Moving Average (DMA) is set to cut the 50 DMA from above, which if confirmed on a daily closing basis will represent a bear cross. The bearish crossover will add credence to the bearish potential in the metal
The "Volume Density Oscillator" (VDO) signals Bitcoin macro topsThe "Volume Density Oscillator" (VDO), which signals both Bitcoin macro tops & bottoms, has historically called macro tops at very significant levels.
The levels at which the VDO gives a sell or short signal act as future points of major resistance.
Thank you for viewing. Please leave a comment or questions.
Is the Pound Dollar flipping bullish?Could we be nearing a bottoming range for the GBPUSD chart? We've been downtrending for a year and 2 months however we can see that the RSI is failing to put in new lows, this could be suggesting that we are well overdue for some bullish price action or at least a relief rally.
Let's keep an eye on this chart and see when our Supertrend flips green as its historically been a great indicator for detecting shifts in mid to long-term trends.
Ultimate Candlestick Cheat Sheet For CryptoHello, traders!
Here is the cheat sheet for the candlestick patterns. They are divided into five groups:
-Bullish Reversal
-Bullish Trend Continuation
-Bearish Reversal
-Bearish Trend Continuation
-Neutral
All these common formations you can see on the chart but first of all you should understand what has happened on the market. When you are looking at the candle a lot of useful information can be received.
For example if the candle have the long wick to the downside and short body ( hammer ), it means a huge bullish pressure and this is a reversal to the uptrend sign.
When you have three stars in the South formation it is can be noticed that the wicks to the downside are long and bodies became shorter. It means the weakness of the downtrend and also the sign of the potential reverse.
If the candle have a very small body ( doji ) this indicates that the market is in indefinite situation. Bulls and bears war did not lead to price changes and future price direction is unknown.
Do you use the candlestick patterns? Please write your comment and give us a support with like if you like such cheat sheets!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
GBPUSD H4 - Short Signal GBPUSD H4
Data not complimentary of the USD this afternoon, dollar has given some gains back, but we are still holding on resistance.
Video analysis coming through on this setup, huge reward and targets of 1.18 still intact. This data event may just have given the entry for a 25-35R setup.
AMC Friday $ Target we need to continue to hold our first support above 23$+, in order to confirm the breakout from our resistant around the 26.70$+, if we did we going to have a test for the 33$ price level .
on the other hand if the short are heavily shorted AMC , we might have breaking for the 23$ SP, but we need to hold above 19$+, to show us that AMC still in Bullish momentum to reload and retest the 26.70$, breakout zone the next week.
USDJPY LONG (265 PIPS!!)Guys i am the pip messiah. USD is too bearish right now, eat this correction and watch it go to the golden zone. IT ALWAYS TARGETS THE 0.5/0.618 ZONE WHEN RETRACING IDK WHY but theres where my tp is set. Not getting the trade yet and will wait for some retracement. In the meantime ill be trading my GBPUSD idea tomorrow morning. See you zesty ahh mfs tomorrow.
y = mx + b on SPY30 Degree angles are very cool!
The dashed lines are Support and Resistance levels derived from the geometry overlayed on price.
The Red lines are there to signify significant time cycles that are cyclical.
The last of which in this particular model lands on September 1st.
The circles are also very crucial in their own right and not all of them were added to this pattern.
If I were to add enough to fit inside of the larger circles, there would be six in each one.
Feel free to give some feedback!
GBPUSD H4 - Short SignalGBPUSD H4
Now this is effectively what we are looking for on a lower timeframe front. Our higher timeframe has seen a daily confirmation, H4 timeframe would be great to see a structure break and retest to confirm a break of this H4 bull trend.
Therefore, like mentioned before, leaving the D1 bear trend to take precendence
BNB makes a profit, moving up the channel!we are moving up the channel, after a good growth - it would be time to go for a correction, I expect further growth after a slight decline!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
BTC: "Bull run" or Deep abyss 26/7/2022Hello traders,
after long time I decided to post here, just to know whats your ideas and opinions are about Bitcoin.
Do you believe we are bottomed and bright "moon" future is ahead of us
or
you of the opinion that the worst is just about to come?
Dont be shy and share your opinions in comment section, you are very welcomed
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Reason I didnt post here is simple. People just refuse to be reasonable and realistic in discussion and every time they dont share same opinion are offending in DMs, ever since I warned everyone what is about to come back in May and Jul of 2021! . For those who not believe, check it yourself, its still out there and it will be forever .
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With that said, My opinion right now is that , we are at very dificult times to made a decision about where market is going since there is not clear path infront of us with everything whats going on around the world.
So we potentionally may head both way, but in my view more realistic path is further down BUT in not may happend immidietly so we may see potentional "rallie" to make people believe that we are out of the worst and then it just happen, as it was at March2020..
Reason, what makes me believe that we may potentionaly see the run around 26-28k-price area in Summer, is a fact that its summer. Simple like that. Summer is good for economy in general since people use to spend time outside doing activities or going on holidays ect. which mean they are spending money. So its all good for short time...
BUT then fall will come and illusion of summer is gone and markets get that reality check that not everyone is fine and we are experiencing market and economy conditions we didnt experienced in our lifetime (unless you are 90+).
So we should learn from historic events, and they said it may get worse, much worse as it is right now. And same goes for CRYPTO..
Yes, I know, right now you thinking whats that fool saying, we are done.. But we are most likly not and one and only SIMPLE reason is that Crypto never experience BEAR MARKET, and I mean PROPER BEAR MARKET where all markets are heading south for years, not only one to two years "panda bear markets" where it loses 85% and then recover as "normal" , but it loses 95% of ATH value and stay there for YEARS... And there is evidence for that behaviour in charts so its already happend in past, and there is no reason why it couldnt happen again. Think about it before you listen to some of "yours gurus" telling you should buy with your last dollar and you will be rich soon. Cause there is good % chance that you wont.
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If you here just because of short term time frame, I think we will keep bleeding at least to 20.550$, but before we reach it we may see bounce at least to 21.3 -21.5k BTC. That would be time to try Short BTC again. After it reach that price (20.550$) its all open on both sides in my opinion.
Best regards,
Joe