NAS100$NAS100USD/QQQ are relatively the same pair and since that's the case i'm basing my bias off of the movement of the DXY which was bullish and is now becoming bearish.
When one goes up the other goes down and vice-versa.
I'm looking for NAS100 to move to the upside.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
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Bias
DXY$DXY Dollar Showed Little Reaction to CPI Data so i'm looking for the markets to act normal with no more major news ahead anytime soon.
Therefore, i'm looking for DXY to drop and make a correction.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
EURUSD$EURUSD
EU made a short push to the upside but couldn't push pass 1.07492 breaker after CPI.
Since that's the case, I'm looking for EU to move to the downside.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
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USDJPY$USDJPY It's been a crazy time in the world and in the markets.
UJ has dropped and now it's heading back to the upside.
I'm looking for price to reach 133.594 for starters before continuing on up.
Everyone have a safe and prosperous trading week.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
GBPJPY 12TH MARGBPJPY took a huge dump last week after the NFP.
Now looking for either a continuation of Bearishness to lead us into our true swing low. To then continue the overall bullishness up. Or I'm looking for a shift higher first to then lead us into our lower demand zone for the higher shift up.
Now, following this idea, I'm looking for a reaction at our nearest point of supply that we currently sit inside of... if this doesn't happen il be looking for longs to take out our swing high.
Make sure that you always use your confirmations to get into a trade and always be flexible with your analysis. Remember, sticking to your trading plan and consistently entering the same setups will bring you profitability.
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DXYPullback, we'll see what the market does upon it's opening.
DXY bias looks like it wants to continue to the downslide.
Now that the dust has settle from NFP i'm looking for a push to the downside in the coming week.
Everyone have a safe and enjoyable Sunday.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
XAUUSD 12TH MARContinuing on from last weeks breakdown.
XAUUSD
We seen gold push above its previous swing high, created on the 6th of March.
Now that we've shifted above this and left clear imbalance, I'm looking for a corrective move either to come prior to a shift higher or after a shift higher...
As you can see by your arrows, I'm looking for either a push higher at market open for then a corrective down move to come... Or for a down move to come with then a corrective upward shift after.
We have a clear breaker block and supply sitting below our current price area so il be watching for our first move to either our demand or supply from market open!
Make sure that you always use your confirmations to get into a trade and always be flexible with your analysis. Remember, sticking to your trading plan and consistently entering the same setups will bring you profitability.
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NAS100$NAS100USD NFP had the markets in shambles and unclear of direction today 3/10/23.
Now that the dust has settle i'm looking for a push to the upside in the coming week.
Everyone have a safe and enjoyable weekend.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
US30$US30 NFP had the markets in shambles and unclear of direction today 3/10/23.
Now that the dust has settle i'm looking for a push to the upside in the coming week.
Everyone have a safe and enjoyable weekend.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
GBPUSD 5TH MARGBPUSD
As you can see on our chart here, we have a pretty similar mark up to our previous predictions where we are expecting a early market sell off to lead into either a continuation bearish taking us out of our current swing range.
Or a play from the demand we have marked to take us out higher from the swing range overall.
As always, we will track the areas and see how price behaves when it gets there. If it gets there and leading out of these moves, we will look to follow the trend!
Make sure that you always use your confirmations to get into a trade and always be flexible with your analysis. Remember, sticking to your trading plan and consistently entering the same setups will bring you profitability.
If you like this idea, drop us a boost and a comment down below.
We hope you all have a profitable and successful trading week.
DXY 5TH MARDXY what I'm seeing here on the hourly chart for the dollar index is we are inside of a bullish overall move that brought us into the supply area that we were looking for price to reverse from.
Now we have put in a short term range, I'm looking for the short term range to either play bearish below the previous swing low or to push higher and take out our longer term swing high.
Now for this, we will just be monitoring price depending on how it reacts at our area of demand and at our area of supply.
This of course will dictate the movement on our other pairs as you can see, the markups on our other pairs we have currently are mainly bearish, so I would be looking for price to drop into the demand to then push higher for it to correlate directly with those movements.
Make sure that you always use your confirmations to get into a trade and always be flexible with your analysis. Remember, sticking to your trading plan and consistently entering the same setups will bring you profitability.
If you like this idea, drop us a boost and a comment down below.
We hope you all have a profitable and successful trading week.
EURUSD$EURUSD After top down analysis i'm looking for EU to continue to the upside. DXY also retraced and is likely to continue to the downside.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
DXY$DXY After top down analysis i'm looking for DXY to continue to the downside after Fridays retracement.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
US30$US30 Looking for a move to the upside after a retracement Friday. DXY also retraced and is likely to continue to the downside.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
NAS100 $NQ1! After doing top down analysis i'm looking for a move to the downside after a retracement on Friday.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
Market Bias & Top Stock Watches - 3/3/2023 - Bull ChopBias: Bearish open then bounce and grind bullish most of the day
Top Watches: Long - AI, UAL, META, KR. Short - MRVL, CHPT, ZS, BMBL.
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Market Bias & Top Stock Watches - 3/2/2023 - BearishBias: Choppy open. Bearish bias overall, resistance at 393 and no support until 390 - 388
Top Watches: Long - KR, OKTA, NTLA, M. Short - AEHR, SNOW, BBY, AMZN
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Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Market Bias & Top Stock Watches - 3/1/2023 - Choppy Bias: Support below at 393, resistance above near 395-396. Under 393 is a huge void.
Top Watches: Long - GOGL, FSLR, SRPT, BGS. Short - NVAX, MNST, FIGS, TSVT.
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Market Bias & Top Stock Watches - 2/28/2023 - NeutralBias: In a range between 396 and 402, leaning bearish.
Top Watches: Long - GOGL, HIMS, ZM, VTNR. Short - OLPX, KDP, DISH, TGTX.
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Market Bias & Top Stock Watches - 2/27/2023 - Bear ChopBias: Early sell off. Chop around between 397 - 402.
Top Watches: Long - TGNA, CRWD, LICY, ATEC. Short - PFE, KHC, CMCSA, GILD.
Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
EURJPY 26TH FEBEURJPY
With this pair iam looking for a possible shift lower into the areas of demand we have marked below...knowing what we do of this pair we've seen some very strong bullish moves of lately and we don't want to get caught out trying to trade it lower IF it still wants to find higher prices.
We've seen a short term breakdown and we are currently sitting inside an area of supply so if we do have a sell off at market open then a reversal could be on the cards...
overall iam aiming to try and short this into a new downtrend but i will take longs out of our demand if they offer trades before a true sell off.
if this idea is incorrect il be looking towards the bigger supply we have above.
Remember guys, if you like this idea, hit that boost button. Drop us a comment down below. Let us know what you think.
As always guys trade safe, stick to your trading plan.
I hope you all have an amazing trading week.
XAUUSD 26th FEBXAUUSD
Were seeing another bearish order flow on this pair so we are looking for the to carry over again and continue into this week.
for me the most obvious zone to trade from is our supply zone at our last high, based from this if we see price dropping deeper rather then pulling back we may have a reversal move from our first demand show.
Overall iam looking to take this short from a zone above and target our demand or trade it in the reverse and long from demand aiming for supply!
Remember guys, if you like this idea, hit that boost button. Drop us a comment down below. Let us know what you think.
As always guys trade safe, stick to your trading plan.
I hope you all have an amazing trading week.
UJ Looking for bearish movement to the downside 02/27/23$USDJPY After News on 2/24/23 and After Top-Down analysis i'm looking for price to move to the downside on 2/27/23 for a short correction.
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