Community ideas
This is why AUD/USD bears need to watch USD/CNHBets are back on for the RBA to cut, with markets having now fully priced in three 25bp cuts beginning in April. Weak GDP was the culprit, which leaves the Aussie susceptible to further weakness should incoming data continue to deteriorate. However, Aussie bears may also need to factor the yuan into the equation.
Does the Canadian dollar have a bullish surprise up its sleeve?This is the question I am asking myself as we head into 2025. CAD has been the weakest major for some time now based on the BOC's easing cycle, and we saw a record level of net-short exposure against it in August, and another surge of shorts in November. This strikes me as a stale trade that is vulnerable to a shakeout, and it might not require a particularly large catalyst for CAD bears to capitulate and send USD/CAD lower.
MS
GOLD 15MINDamascus under attack and The People’s Bank of China resumed Gold buying after a six-month pause on sentiment they provided buy potential for yellow metal.
on fundamental United States inflation and central banks’ monetary policy announcements is on desk.
gold recovered its bullish poise ,but face immediate resistance from the descending trendline connecting 2788 and 2720 to resist at 2676.78. its expected that after the break out from descending trendline we come for retest in the zone of 2647-44.
its critical as strong fundamental analysis are schedule this week which happens to be FED watch tools to gauge economic performance. The US will publish an update on inflation on Wednesday in the form of the Consumer Price Index (CPI). USD Core CPI m/m forecast 0.3%
USD CPI m/m FORECAST 0.3%
USD CPI y/y, they will shake trade with volatility.
On Thursday USD Core PPI m/m ,USD PPI m/m and Unemployment Claims will shape trade direction giving us a clear directional bias as to where the green back is headed. The Federal Reserve (Fed) prefers to base its decision on Personal Consumption Expenditures (PCE) Price Index,
learn to take profit as fundamental will invalidate any setup regardless of old and good you are in finance.
Update idea
Add note
An Update For MY Followers Hey Everyone
Wanted to quickly update everyone as I have been MIA the last two weeks working on a really cool project to create even more value for everyone. I will be back in action tomorrow, so if you have any assets you want me to analyze let me know and I will do that for you. Secondly if you are wanting to increase your wellness and your trading send me a DM.
Hope everyone has a awesome day and I will see you tomorrow
Kris / Mindbloome Exchange
Trade What You See
How NOT to trade stocks• extended markets? ✓
• breadth worsening? ✓
• market timing signal showing a sell signal? ✓
• been steadily reducing leverage because I'm expecting a short term pullback? ✓
That's the perfect time to go all in on all the stocks that are hitting your alerts today! Especially stocks you have no idea about but they all seem to be moving together! It must be smart money moving the markets, and you are in the business of trend following, not predicting. Put half of your account and risk 6x your typical risk on a single bet, because "you're feeling it". You are "already profitable". "Push the gas when your trades are working". "Once in a lifetime opportunity".
That's how you get your ass handed to you and lose 3% of your account in a day. Well, it's not the end of the world, it's a relatively small $ loss, but I think it's a good chance to remind myself not to do this again and follow my rules.
Buy everything! Buy it now! Too many to list!Do it for your families do it for your future do it for your kids and your grandkids if you have anything put it in anything right now! COINBASE:BTCUSD COINBASE:BATUSD BINANCE:WUSD COINBASE:RAREUSD COINBASE:FILUSD COINBASE:SPELLUSD BINANCE:ENAUSD COINBASE:SUKUUSD I can't list them all!
GOLDDamascus under attack and The People’s Bank of China resumed Gold buying after a six-month pause on sentiment they provided buy potential for yellow metal.
on fundamental United States inflation and central banks’ monetary policy announcements is on desk.
gold recovered its bullish poise ,but face immediate resistance from the descending trendline connecting 2788 and 2720 to resist at 2676.78. its expected that after the break out from descending trendline we come for retest in the zone of 2647-44.
its critical as strong fundamental analysis are schedule this week which happens to be FED watch tools to gauge economic performance. The US will publish an update on inflation on Wednesday in the form of the Consumer Price Index (CPI). USD Core CPI m/m forecast 0.3%
USD CPI m/m FORECAST 0.3%
USD CPI y/y, they will shake trade with volatility.
On Thursday USD Core PPI m/m ,USD PPI m/m and Unemployment Claims will shape trade direction giving us a clear directional bias as to where the green back is headed. The Federal Reserve (Fed) prefers to base its decision on Personal Consumption Expenditures (PCE) Price Index,
learn to take profit as fundamental will invalidate any setup regardless of old and good you are in finance.
UPDATE for the Markets and Active H5 TradesUPDATE for the Markets and Active H5 Trades
🎂 Today is my oldest sons second birthday. We already celebrated this morning, had birthday donuts and opened gifts. Got my market time in and now...
I'm logging off for the day and going to be with him on his special day. Especially after the scary times we've been through with him the last two weeks.
Family First ♥️
See you all tomorrow!
Here's a last minute 🎁 from my son to you. Updates👇
Alibaba - This Is Really Just The Beginning!Alibaba ( NYSE:BABA ) is starting to create a bullish reversal:
Click chart above to see the detailed analysis👆🏻
After perfectly rejecting a major resistance level just three months ago, Alibaba now retested the previous trendline breakout area and bulls are immediately stepping in. If we actually see a break above the neckline of this bottom formation, we could even see new all time highs.
Levels to watch: $80, $115
Keep your long term vision,
Philip (BasicTrading)
Tesla - Ending 2024 With A Parabolic Rally!Tesla ( NASDAQ:TSLA ) is clearly not done for 2024:
Click chart above to see the detailed analysis👆🏻
Despite (or maybe even because of) the strong rally during November of 2024, Tesla is clearly not done with its bullish plans yet. Market structure, cycles and also price action are all pointing to a stronger move higher and we will see at least a retest of the previous all time highs.
Levels to watch: $420
Keep your long term vision,
Philip (BasicTrading)
Netflix - Please Buy This All Time High!Netflix ( NASDAQ:NFLX ) will retest the resistance trendline:
Click chart above to see the detailed analysis👆🏻
Netflix is currently perfectly breaking above the previous all time high and with a +16% candle of November, bulls are totally in control of this stock. If we look at previous cycles, there is a 100% chance that Netflix will now retest the upper resistance trendline of the reverse triangle.
Levels to watch: $1.200
Keep your long term vision,
Philip (BasicTrading)
MAT - Short/Long Term trade opportunityI like this chart and this company - I don't believe toys are going anywhere and they've proven that with consistently strong sales.
Looking to continue adding to my position here at known demand levels like we hit today and to take some profits in the $21-$24 range in the near future
Happy Trading :)
identifying key areas of Support and ResistanceSupport
Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy, while sellers become less inclined to sell. Identically, when the price reaches these support levels, it tends to rise because there is more buying pressure than selling pressure.
Resistance
Resistance is the opposite; it's the price level at which selling pressure is strong enough to prevent the price from rising further. As the price rises towards resistance, sellers become more likely to sell and buyers become less inclined to buy. When the price hits these resistance levels, it struggles to rise further because the selling pressure exceeds the buying pressure.
Overview of recent trade opportunitiesLots of opportunity to make $ in this market - just take a look at REAL which I've been preaching for about 2 years now.
Some of the companies I highlight here:
GOOGL, RBLX, CELH, DPZ, ASTS, LUNR, SHIBA
Many more opportunities coming - I hope to be settled in after my move in the next few days and will be back with further analysis videos and trade ideas then!
Happy Trading all :)
QQQ | Pullback Opportunity with Continued Growth PotentialWelcome back! Let me know your thoughts in the comments!
** QQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
BTCUSD | Next Prime Zone for Long OpportunityWelcome back! Let me know your thoughts in the comments!
** BTCUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPAUD I Potential long opportunity after completed correctionWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!