LegendSince

07:06

LegendSince

With three consecutive weeks of bullish price action, we have seen the impact it's had on the Dollar index, sliding to new weekly lows. If this continues, we can expect the continuation of GBPUSD to run up into the 1.27000 region. We have seen the successful delivery of bullish price action last week. When will this run end?

04:59

LegendSince

The frontrunning market book new weekly lows whilst Nasdaq and S&P meander around the 80-90% price range of the previous weeks range. Going into next week, Dow Jones is the market to lookout for. Expectation is bearish down to the local PD array @ $43,409 - $43,024

04:13

LegendSince

With the successful draw to 22,250 this week, further expectation was placed to the upside with the possibility of all time high draw before rejection but that failed to materialise. Low hanging fruits are important when we are seeing choppy price action over the weekly horizon. $21,532 is a pd array of interest.

03:14

LegendSince

With the expectation being a draw up to all time highs before some form of rejection, we have seen that it is not the case. Near term PD array at 5,995.50 is of interest

12:09

LegendSince

Successful delivery this week with daily sell stops taken out @ 106.566 as expected. This caused risk on conditions for FX pairs; GBPUSD and EURUSD. The heaviness to the downside indicates continuation to the downside. 106.111 - 105.440 is a price region i am scoping

09:17

LegendSince

In a swift change of fundamental events, we have witnessed the bond market rise to new short term highs @ 116.10. 116.20 - 116.03 is the draw that i am interested in.

07:30

LegendSince

An absolute peach of a delivery this week with the yields dropping into a discounted price region of the market; 4.468% as expected. What can we look forward to next week?

04:06

LegendSince Updated 

In regards to last weeks bias, GBPUSD delivered successfully to the upside, sweeping and closing above the area of interest mentioned throughout this week of 1.25762. I will also be watching dollar index closely next week to see if we can continue the downside delivery into the discounted range of 105.188 as that will play a major role in GBPUSD rallying to the upside.

18:20

LegendSince

In episode 10, I share how challenging price has been over the past couple of days but also, what you can do in order alleviate the need to feel like you must enter the market. I go over price projections covered in Episode 9, how it played out in Thursday and what could be done better. With one more day left this week and 13 high impact news events, I am...

17:02

LegendSince

This week has thrown out a lot of mix signals but with Wednesday booking lows for the week but not highs (unlike ES), is Nasdaq next? Looking at a draw to $22,318

12:45

LegendSince

Perma bulls are screaming $250,000 whilst perma bears are hollering the top is in. Currently, we sit below $100,000 with $98,405 being the key resistance over the last few days. Something BIG is brewing and it could take both buyers and sellers out of the market short term. Whenever price action trades within a tight range like what we have been seeing for...

11:34

LegendSince

Another week of continuation in bullish price action and Gold managed to book new all-time highs @ $2,942 per oz. Many investors and traders are speculating the price of Gold by the end of the year could reach $3,000 but I believe our dreams may come true sooner than expected. Expect short term retracements to immediate imbalances in price action on the daily...

04:58

LegendSince

From the opening on Monday to Fridays close, Euro has been on an absolute TEAR to the upside with little to no manipulated spikes to the downside confirming this weeks bullish bias with flying colours. Originally, the first point of interest was the 1.04542 - 1.04444 daily inverted SIBI but as we saw aggression when trading through it, 1.05368 is the next bullish...

04:27

LegendSince

Unlike Nasdaq and S&P 500 where their PD arrays was discounted, Dow Jones is showing a different story. 45000 is a stanch psychological resistance level for a number of reasons. For one, a weekly liquidity void in the past aligns with a prior daily SIBI (which price redelivered into and rebalanced 100% of the range) and another gap in the form of a volume...

05:34

LegendSince

Me and Nasdaq had a GREAT time last week; riding the lows and highs from sunrise to sunset. Even though the initial target of Mon 27th Daily candles wick encroachment was met, the upside potential was astounding. Besides that, NASDAQ’s price action over the past 2 months has been lacklustre, struggling to trend and stay in one direction but it’s no surprise as...

07:04

LegendSince

The markets is not presenting low resistance liquidity runs due to all the politics and tariffs being implemented right now but once things settle, ES will be in for the chance to test all time highs once again. What we saw is perfection with the alignment of my bearish bias and how price respected the daily FVG @ $5,950 (mapped out with the red rectangle tool)...

06:37

LegendSince

With a lot of fundamental conflicts at play, one being the tariffs war on China, EU, Mexico and Canada (we don’t know yet if any more countries will be affected), we are seeing the result in price action. We are trading in a range from 110.176 - 106.969 and so far, Dollar has managed to support the weekly BISI @ the 107.500 region but also trade up to and reject...

07:33

LegendSince

This weeks breakdown covers the similarities bonds and yields have and as mentioned in my most recent analysis with Yields, I was loooking for a draw down to discounted prices. With that bias in mind, Bonds would be more likely to trade higher as they both highly correlated.