The visual shows a mix of bullish and bearish setups across various assets, indicating a diverse market sentiment. Here’s a breakdown of the flow: Bullish Assets: 1. EUR/CAD - Indicating potential upward momentum, likely off strong support. 2. NZDJPY - Suggesting renewed buying interest around key levels. 3. AUD/CHF - The chart points to buyers stepping in,...
Psychology. Developing it changes how you see markets and this changes how you trade it. - 3 Market Types (Who are you dealing with?) - Industry Structure - Price Structure & Trend This is a SUPER quick overview of these three points, but start here, and be sure to look out for more advance in-depth conversations.
The GBP/JPY pair appears to have experienced a Flash Sell, a sharp and rapid price movement likely triggered by an imbalance in liquidity or a market event. Such movements are common in highly volatile pairs like GBP/JPY, known for its sensitivity to both fundamental and technical catalysts. Observations: 1. Volatility: The flash sell suggests a significant...
The GBP/JPY pair appears to have experienced a Flash Sell, a sharp and rapid price movement likely triggered by an imbalance in liquidity or a market event. Such movements are common in highly volatile pairs like GBP/JPY, known for its sensitivity to both fundamental and technical catalysts. Observations: 1. Volatility: The flash sell suggests a significant...
The USDCNH chart reveals a potential trend continuation as the pair approaches key resistance levels. The upward momentum is supported by steady higher lows, and the recent price action appears to be aligning with Fibonacci retracement zones, suggesting areas of possible reversal or breakout. The overall structure indicates that traders might keep a close watch...
The 6J Futures chart is signaling bullish potential this morning, as evidenced by key technical factors such as a shift in momentum and possible support levels holding. Price action appears to be consolidating after a downtrend, with a potential for reversal if critical resistance levels are broken. The green bands suggest a zone of potential bullish activity, and...
OANDA:GBPCAD GBPCAD retracing higher as short order flow dominates the market.
This is my interpretation of the USDJPY. This is not trading advice.
COINBASE:BCHUSD / BITKUB:BCHTHB Flowing to the upside with bulls stepping up the pressure all day. On the daily, BCHUSD & BCHTHB trades at a discount to Fair Value. However, on the lower time frames it's trading at Fair Values or above. Give this trade some time to pull back and catch a sizable deal off the near term support level. . Loving the fact...
“If it’s for the bulls, it’s for the bears” – an acknowledgment that markets are cyclical, often presenting opportunities on both ends of the spectrum. In this snapshot, bear sentiment dominates DXY and XAU/CHF, while BCH/USD shows significant retracement after a bullish rally. Happy New Years, Your Most Profitable Day is Still Yet To Come!
Hanging out chatting about next year's trade desk business goals. I'm a firm believer that a good trader is just as valuable as the assets that they trade. Learning how to simplify trading is the first step to building a reliable strategy. There are a few areas of fund management that are hidden from everyday traders because it does not apply to non-financial...
Hanging out with the family and throwing some ideas out there. Nothing worth getting involved in here unless your looking for something to watch ahead of the new year. Ultimately, just dropping by to say, "howdy".
Podcasting the truth about direct dealing, retail treading, and why you should take your work seriously. You are a real trader. Your order flow matters and impacts the markets more than you think. Check out this podcast when you have time to chill. Peace.
Sticking with the trade here and buying up some more DOGE.
Dogecoin (DOGEUSD) is building upward momentum, trading near $0.45 after successfully defending support around $0.43. The 4-hour Heikin Ashi chart shows steady bullish progress, with price action contained within the green upward trend zone. Key resistance levels to watch are at $0.49 and $0.54, while immediate support lies at $0.44 and $0.42. A sustained...
Bitcoin (BTCUSD) is holding steady above the psychological $100,000 level after testing strong support near $97,000. The 4-hour Heikin Ashi chart shows a bullish continuation pattern, with price action remaining within the green trend channel, suggesting sustained upward momentum. Key resistance levels are at $101,200 and $105,000, while support is anchored at...
The USDTRY pair maintains its upward momentum on the 4-hour Heikin Ashi chart, as the price steadily climbs toward resistance at 35.00. The chart illustrates consistent bullish candles supported by a rising trendline and minor pullbacks finding support around 34.50. Key support zones include 34.50 and 34.30, with resistance at 35.05 and 35.20. The trend remains...
The EURHUF pair displays a notable recovery after a sharp drop, indicating potential buyer interest at lower levels. The price bounced decisively from the support zone near 412.75 and is now consolidating just below the key resistance level of 414.00. The 15-minute Heikin Ashi chart highlights a strong upward momentum post-recovery, with bullish candles showing...