Ruble developing ground to restructure third world economiesOn the presented chart we have prepared, you can see correlations of Ruble currency with Telecoms, Steel producing, Concrete producing, Land transport and Medicine. As you can see Ruble is building a solid ground to become a back end for the developing world destroyed by conflicts and fist fights. ATR is going down and from the june it shows backward correlation with Ruble. This is good because this means Ruble can rise without volatility. Telecommunications prices are falling after this event. Steel producing showing strange pattern and can be a risk for the Ruble. Concrete producing and transportation developing a good foundation. Transportation industry is still and strong. And medicine industry showing weakness but we see rise in pharmaceuticals profits so we hope this will drag whole venture up.
Volatility
NQ Power Range Report with FIB Ext - 10/27/2023 SessionCME_MINI:NQZ2023
- PR High: 14302.00
- PR Low: 14244.00
- NZ Spread: 129.25
Key Economic Event
08:30 – Core PCE Price Index
Month End
Session gap up (details below)
- First major buy response off June inventory
- Prev session gap down filled during A period
- Retrace ~50% of prev session range
Evening Stats (As of 1:25 AM)
- Weekend Gap: +0.21% (filled)
- Session Gap 10/27: +0.28% (open < 14216)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 270.30
- Volume: 37K
- Open Int: 264K
- Trend Grade: Neutral
- From ATH: -14.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BTC - NEXT: Extremely Overbought, RSI hits 102Hi Traders, Investors and Speculators of Charts📈📉
I'm expecting some more volatility on Bitcoin as the RSI recently 102 which indicates and extremely over bought market. This is also confirmed by the technical indicator. Usually, after such extreme numbers are hit on the RSI, the price needs to "cool down" or retrace before continuing back upwards. This could mean lower price action for a few days ahead.
It's vital that we retrace back towards the $32k zone to CONFIRM this as new support, and not a fakeout. Two scenarios I have highlighted on the chart is either straight up to the 1.618 and then the support confirmation, or first support confirmation and then up to 1.618.
Either way, I'm bullish on BTC and I'll be looking to take a long from support at $32k.
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NQ Power Range Report with FIB Ext - 10/26/2023 SessionCME_MINI:NQZ2023
- PR High: 14430.75
- PR Low: 14352.75
- NZ Spread: 174.75
Key Economic Events
08:30 – Initial Jobless Claims
- Durable Goods Orders
- GDP
10:00 – Pending Home Sales
More after hours volatility on earnings
- Session gap down, continuing prev session inventory decline
- Break and holding below key 14600 inventory
Evening Stats (As of 1:45 AM)
- Weekend Gap: +0.21% (filled)
- Session Gap 10/26: -0.29% (open > 14465)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 270.79
- Volume: 65K
- Open Int: 263K
- Trend Grade: Neutral
- From ATH: -14.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 14103
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 10/25/2023 SessionCME_MINI:NQZ2023
- PR High: 14854.50
- PR Low: 14776.00
- NZ Spread: 175.5
Key Economic Events
08:00 – Building Permits
10:00 – New Home Sales
10:30 – Crude Oil Inventories
16:35 – Fed Chair Powell Speaks
Session opened with high volatility
- Created super wide NZ spread
- Credit given to earningns
- Holding inside prev session range
Evening Stats (As of 12:25 AM)
- Weekend Gap: +0.21% (filled)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 255.16
- Volume: 31K
- Open Int: 251K
- Trend Grade: Neutral
- From ATH: -11.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 14103
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Sofi expansion in volatility Sofi is still one of my larger bets for small caps long-term. We are seeing a clear expansion of volatility within this wedge. If small caps reverse likely and upside break. We are at the exact point of a large sell order from May today with an area of a lot of support. I would bet we hold, but I do no not currently have open trades on the stock, just my long-term spot.
NQ Power Range Report with FIB Ext - 10/24/2023 SessionCME_MINI:NQZ2023
- PR High: 14752.00
- PR Low: 14737.00
- NZ Spread: 33.5
Key Economic Event
09:45 – S&P Global Services PMI
Maintaining long-term inventory above 14600
Evening Stats (As of 12:25 AM)
- Weekend Gap: +0.21% (filled)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 254.80
- Volume: 26K
- Open Int: 260K
- Trend Grade: Neutral
- From ATH: -11.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 14103
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 10/23/2023 SessionCME_MINI:NQZ2023
- PR High: 14707.75
- PR Low: 14662.50
- NZ Spread: 101.25
No Key Economic Events
Weekend gap up led into wide opening range
- Back near key inventory levels > 14600
Evening Stats (As of 2:05 AM)
- Weekend Gap: +0.21% (open < 14650)
- Session Gap 10/18: -0.10% (open > 15060)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 251.27
- Volume: 28K
- Open Int: 258K
- Trend Grade: Neutral
- From ATH: -12.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 14103
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Summer 2025 prognosysAs it seems in this cold winter Chinese ecnomy has been overheated lately and come to a cold relax. Being world fabrique they hold the leadership in currency squable nevertheless USD, RUBLE, YEN, RUPEE and the rest of the world play their role in the nevertheless of the world markets holy place. Wee see June 2025 as the key uncompounded substance of what is going to happen. Feel free to enjoy out with our analysis and add yours in the middle of ours!
NQ Power Range Report with FIB Ext - 10/20/2023 SessionCME_MINI:NQZ2023
- PR High: 14855.50
- PR Low: 14828.00
- NZ Spread: 61.5
No Significant Economic Events
Continuing daily inventory decline
- Wide session open on low volume compared to prev session
- Maintaining NZ range leading into London hours
Evening Stats (As of 2:05 AM)
- Weekend Gap: +0.08% (filled)
- Session Gap 10/18: -0.10% (open > 15060)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 250.89
- Volume: 37K
- Open Int: 254K
- Trend Grade: Neutral
- From ATH: -11.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15247
- Short: 14675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Tuimaz Zavod AvtobetonovozovInteresting company for a long run investment in the tracking production area, concrete field. Low volume less than 100 000 000 ₽ but speaking of a chart of the company it looks like ATR could go back to the 10.9 level where it was during first days of the september. Cherry on a pie is price in the moment of pumping do not go out of the R5/S5 pivots this means traders love the company and do not over-buy or over-sold it. Price target could be 280 ₽ or 360 ₽ for the common stock. Current relation of capitalisation to volume is 22.76 this means even due to low volume and low capitalisation company has a lot of minoritaries and this is good.
NQ Power Range Report with FIB Ext - 10/19/2023 SessionCME_MINI:NQZ2023
- PR High: 15053.75
- PR Low: 15029.75
- NZ Spread: 53.5
Key Economic Events
08:30 – Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
10:00 – Existing Home Sales
12:00 – Fed Chair Powell Speaks
Decent vols ahead of historically high vol news
- Daily inventory decline, breaking the range
- Failed to close prev session gap
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.08% (filled)
- Session Gap 10/18: -0.10% (open > 15060)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 251.60
- Volume: 35K
- Open Int: 255K
- Trend Grade: Neutral
- From ATH: -10.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15247
- Short: 14675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
How not to trade Gold. Really.Double Top preceded by a 50% Fibonacci was a bad trade idea. Lost 1K on this for trying someone else idea. Also lifted the SL to 1779-1782 area to act as the biggest risk I would take in this position. Even thought I knew the risks. I normally do not trade Gold since I do not have enough money. I could have taken gains at 1770 instead 📞 I'm such a noob.
AMZN - too hot out of the gate?NASDAQ:AMZN is showing signs a reversal could be on the horizon.
Looking at the gap-down on Sept. 21, we see the bulls have recently attempted to fill this gap but thus far have failed (as of the writing of this post).
This is occurring alongside an active rug pull event at $128.81 as well as an overbought RSI beginning to cool-off.
All signs showing this could begin heading back towards $128.81 as a minimum downside target. We are keeping an eye on how the technicals play out over the next couple of trading days to confirm this thesis.
FRONT │ 12.10.2023BINANCE:FRONTUSDT.P
Signals for level breakout
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
a clear zone beyond the level;
there is a reserve of technical ATR;
Trade Parameters
Open : 0.28745;
Stop loss : 0.29019;
Take profit :
0.27923;
0.27649;
0.27375;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
NQ Power Range Report with FIB Ext - 10/18/2023 SessionCME_MINI:NQZ2023
- PR High: 15243.00
- PR Low: 15222.50
- NZ Spread: 46.0
Key Economic Events
08:30 – Building Permits
10:30 – Crude Oil Inventories
Maintaining range of the week
- Strong potential for breakout
- Trading back to 50% of daily range
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.08% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 250.05
- Volume: 26K
- Open Int: 257K
- Trend Grade: Neutral
- From ATH: -9.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15247
- Short: 14675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
XAUUSD COUNTER TREND4hr and 1hr are very bullish, however, there's a lot of imbalance left behind.
Price reach a resistance area where I believe there could be some retracement down before continuing up.
High Risk Trade but I have all my confluences to set a Limit Order.
Let's see what price does
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NQ Power Range Report with FIB Ext - 10/17/2023 SessionCME_MINI:NQZ2023
- PR High: 15305.50
- PR Low: 15285.50
- NZ Spread: 44.5
Key Economic Event
08:30 – Retail Sales
- Core Retail Sales
Holding prev session highs
- Prev session printed as inside bar
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.08% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 249.52
- Volume: 20K
- Open Int: 258K
- Trend Grade: Neutral
- From ATH: -8.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15247
- Short: 14675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.