NEWS
Catalytic effects of NFP DaysAs you see NFP release days often generate reversals, minor pullbacks on daily or are at the beginning of big moves, acting as catalysts.
Though I dont believe in big NFP reversal starting on low volume trading days, as we are in Easter Holidays. Hence today´s NFP day may go unnoticed as most of traders are gone for Easter holidays.
But otherwise we could see a catalytic move.
FOR EDUCATIONAL PURPOSES ONLY.
Solana ideaWaaaaSUP everyone, heres another idea out ther based on the 4 hour time frame.
So here we go, what do i base my anylsis ideas on and where do i think price is going to go towards based on probabilty.
1. Bouncing off good support
2. bounce/bouncing off bottom symetrical triangle pattern 50/50
3. macd histobars look like they want to curl up
4 stochastic rsi low
5 hidden bull div
6. money flow back in the green
7. vwap coming up
so ..... SOL could touch support (VAL) again at around $20.30 before making a move up to the top tendline of symetrical triangle pattern which is local VAH at 21.1, top violet line
sorry i should of marked these lines.
I see SOL breaking out and moving up to higher top trend line at around $21.5 to resistance 22.41
So there you have it my idea based on these probabilities :)
happy good friday everyone
Here come the Bears ? 🐺Per Analysis of yesterday I warned about buying at the higher prices. After we have a spike and people bag up, we have some hold the bag. Price nearly stretched the whole range up to 1.098 Daily Zone. Price just couldn't quite make it. Completely Missed this news correction move - was away from computer and totally didn't see it anyways. I did know it was likely we would have selling pressure after news like I have studied in the past (check bias from yesterdays' post). Another News Correction in the books, and another piece of art to learn from. This news correction contained 2 red folders to complete the campaign.
More Analysis : It was very possible to jump on the train for sells after the 7am PST 1Hr News Candle closed bearish underneath our 1h/4hr zone. We consequently came up for a retest at 1.0918 4hr zone . We have the Daily cnadle closing Bearish , nearly completely retracing yesterdays candle. We would like to see the daily candle to at least close above 1.0904 so bulls at least have a reason to hold. 1.089 4hr level appears to be holding steady for the time being. For Bears we would like to see the 4hr chart do a fakeout and respect 1.0918 4hr level. However I can still see weekly target for bulls. We do have clean traffic on 1Hr chart up to 1.0957. NFP holds more weight here for me at least
EU Entered HyperSpace ⛩️ News --> the Catalyst We have entered HyperSpace and are now transcending into the stars. We are ahead of schedule as our weekly target remains as 1.103. Weare in the middle of a range between 1.093 and 1.098. If I was swing I would like break and retest of 1.093. But I'm not swing. Volume comes into the market in disproportionate balances at specific times and this is why I enjoy scalping and stick to it. Stick to what works based off your personality. Aiming for 1.103 which would be a monthly wickfill. Be cautious for buys at these prices. Price must setup exactly how your plan and parameters permit.
More Analysis : Took multiple buys and majority played out for a good RiskReward. I set a sellstop as the news popped off and earned 13 pips in 1 second. Consequently I placed 2 more proftile trades as we had determined direction and saw good momentum shortly after the news release. We have clean candles to the left on 1/4hr TF's from 1.093 to 1.098 Daily Zone. That was very encouraging for bias.
Opportunity to jump on the Train or get ready for Sell side? 🕛We have corrected the GDP volatility and continuation at 530PST. However, We have pulled back to a 1Hr/4Hr zone at 1.0895 and this woulnd't be a bad place to jump on the bullish train. I'm just watching for the rest of the day. I jumped off the train already with Buys. With all this said, we have increased 145 pips on the week. Wouldn't be surprised if Price drops from these prices tbh back to 1.0854 Daily Zone. We'll see what happens as we move into CPI data tomorrow. Safe trading. Not Financial Advice. Just education.
Weekly SPX Trade(another A ICT setup) 3/29/23Beautiful setup today and was able to catch a nice price swing. Here was once again my thinking for today and my reasoning for entry: Factors for trade:
Big London/Asian Session or Afterhours-Premarket run up.
Swept liquidity(high of day, premarket high)
bearish news
Will Bitcoin Touch The Sky ? (Read The Description)Hey Traders , Bitcoin has been leading the charge, with dominance over the rest of crypto increasing over the past week. Bitcoin climbed to hover around $27,000 Friday morning as cryptocurrencies in general continued to rally. Traditional markets were trading lower. Bitcoin on his bullish mode while bank crisis keeps falling , so he just breaks a new resistance then he's too close for the next resistance , so bulls are running don't miss the shot ;)
How To Follow Market News Like a ProAs a member of TradingView, you have access to more than 100 news providers. Our excellent news providers cover every asset class. Learning how to manage market news is an important informational edge that takes time and practice - always know the latest stories about your favorite symbols and be in the know about what traders are talking about.
In this post, we want to share a few tips for managing your news flow. 🗞️🎯
Before we get started, let us remind everyone how we recently enhanced our news by giving our members access to one of the world's preeminent news organizations - Dow Jones Newswire including the Wall Street Journal, Marketwatch, Barron's, Dow Jones Commodity Trader, and more.
Where To Find News On TradingView 📰
To get started with news, first make sure you're logged into your account. Once you're logged in, there are several ways to access news. Let's take a look at each method.
- Symbol pages have dedicated news sections that cover that symbol in great detail. For example, here's every important story about Apple and here's the latest breaking news about Tesla . Go to any symbol page of your choice, click News, and start reading.
- Check out our global news flow page that brings all of our sources to one place. Once you've arrived, filter by the asset class of your choice.
- Our corporate news page brings insider buying & selling, company press releases, and official financial filings all to one page. As an equity trader or investor, this page will keep you updated about key events happening in the corporate world.
How To Find News On The Chart 📈
News can also be accessed directly from the chart. As everyone knows, breaking news can impact markets in a variety of ways. Open the chart and watch price, volume, and news all at once. This is an effective combination of tools that combines the biggest headlines with real trading activity. Here's how to get started:
- Open your watchlist, select a symbol, and then look for the latest news headline as demonstrated in the image below. Click the headline to open a dedicated news feed for that symbol. And just like that you'll have markets news and the chart open at once:
- Another way to add news to your chart is to open the Settings menu, click Events, and then check the box that says "Latest news." This box will display the latest market news directly on the chart you have open. Follow the instructions shown on the image below to get started.
Go Deeper With Specific News For Your Needs 🌐
Depending on your style of trading or desired asset class, there are additional news resources for you to harness. Check out the list below for more pages where market news can be found:
- Bond market news
- Futures market news
- Global market news
Read News From Anywhere With Our App 📱
The official TradingView mobile app for iOS and Android is free to download and market news is available to all members. Once downloaded, you can follow global market news or news about your favorite symbols. The app allows you to sort by top stories, asset class, and the world economy.
If you still don't have our app, get it here!
Thanks for reading!
We hope this post helps you become a market master for following the latest news. Please let us know if you have any questions or comments.
Bullish Gold Next Month ? Will XAUUSD really touch 2100 $ ?After all things that happened in this month , people are scared of losing their money while putting them on banks , so that will push individuals to invest their money to escape the bank crise , as we know that a lot of companies invested in the gold metal at the start of 2023 , and the war between Russia and Ukraine that Is getting worse because It becomes a crime war , so for me It's the great time to invest in gold for a long term time !
Correcting the News. Back to 1.07922? 🐻Check Description for Value ⬇️. Anyways, Looking for lower prices here. Where we have a move created by news which is corrected in the next few trading sessions down right almost to where it began. Simple trade idea. I've studied this is in the past. I have multiple screenshots in a library that documents this exact move. Doesn't matter what the news is necessarily. What matters for the most part is the market structure after price spikes. What kind of market structure can we observe after we spike? In the succeeding sessions after the news, what is price doing?
GBPUSD TRADE IDEA / DAY TRADE / LONG (UK - RISK EVENT)This is trade idea for GBPUSD Day Trade Trade
-Buy in Order Block Area TF5M Near Sell Side Liquidity (SSLQ) of asian session with range 1.22674 - 1.22614 according to the confirmation that will occur.
-This trade for Event UK Retail Sales news.
-Risk Reward 1:3
EURUSD after FED Yesterday FED expectedly rose interest rate.
EURUSD rose above 1,0900 providing no entry opportunities according to our main scenario.
We'll wait for the development today and we won't look for buys.
We will monitor for run-out and upon a good reasons we will look for sales.
If there are no grounds, no deal is entered into.
During this time we look at JPY crosses where there are better options.
GBPCAD MASSIVE BEARISH MOVE TO 1.40500GBPCAD have been on a bullish move since last year, and currently is on a bullish continuation pattern, which indicates that price might go bullish for a while again.
Now let's have a strong look to the long wick we can see below, that's huge liquidity and is expected to be taken. So how do price get to that zone?
It first have to go bullish and hit the resistance zone or the point of 1.68400 before it sells massively, we still have time for that to happen. I will keep you updated on this.
Meanwhile, i will love the support I have been having, I appreciate a lot.
For me to feel more happy a share and a follow will be appreciated.
Have a nice week.
Thank you.
EURUSD before FED Interest rates and expectations from the FED will be announced today.
This will definitely cause major fluctuations.
It is recommended to secure all open positions and wait for confirmation of new entries.
One scenario where we will look for an entry is a retracement of 1.0840.
To confirm the pushback, it is necessary to close the one-hour candle!
If there are no clear grounds, we will wait for things to calm down and then look for trades.
Is That The Perfect Time To Short The Gold Metal ?All big timeframes indicate the short zone , the gold metal have reached the overbought zone on all timeframes and all fundamentals are against gold to rise up , so for me the 2 months the gold will be around 1800 , hope you like my ideas , reply in comment so we can exchange informations