AUDUSD DAILYAUDUSD Sydney open will close the day in green candle ,based on our trading strategy we have multiple indicators as confirmation for buy based on our demand and supply trendlines.
I DONT WANT TO SEE AUDUSD BREAK of key psychological demand floor because it will be a strong bearish drop.so at the moment buy AUDUSD NOW AS THE MARKET OPEN,
RBA (RESERVE BANK OF AUSTRALIA HEADED BY Michele Bullock ) will do all it takes to strengthen its currency.
AUSTRALIA Underlying inflation remains too high.
Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate demand and supply closer towards balance. Measures of underlying inflation are around 3½ per cent, which is still some way from the 2.5 per cent midpoint of the inflation target.
AUDUSD REMAINS BEARISH DESPITE THE CURRENT BUY OPPORTUNITY.
Harmonic Patterns
BTCUSDT- Stay bullish!In the cryptocurrency market, fundamental factors such as Federal Reserve policies, the growth of the US dollar index, and the amount of liquidity in the market have a direct impact on Bitcoin's movement. A strengthening US dollar can increase selling pressure on Bitcoin.
But if there are signs of a halt to tightening policies or a growth in cryptocurrency adoption, the likelihood of Bitcoin rising increases, especially if institutional demand for Bitcoin increases.
Technically, on the one-hour timeframe, Bitcoin is approaching a strong support range between $92,520 and $93,668. This range could trigger a price reversal, but if it is broken, further declines are expected.
On the upside, key resistances lie at $96,732 (0.5 Fibonacci level) and $99,964. A break above these levels could trigger a new uptrend for Bitcoin.
The Ichimoku Cloud indicates current weakness in the trend, as the price is below the Cloud and the ALLIGATOR lines are also in a bearish mode. However, the price's proximity to the support zone increases the likelihood of a reversal.
Bullish Rally, followed by a seloff in the afternoonOn the blue C wave targets on the lower right.
This is meant to teach EWT elliot wave theory, to give not give trading advice. There is a corresponding Video Idea that goes into more detail. I will update the idea during the day tomorrow.
I''m planning on buying with both hands if BITX /BITC go down on a 28" C wave. any rally will be over by the 1 AM Lunchers Idea I shared with the TV community, the idea that the pit Tradeers go out on 3 martin i lunchs, and ater they return they make a move to take reatil money. this is a tiny part of my "Bilderberg Theory" which I have been trading along with Paper, buying at S6 anbd selling at R6, since 2003 with I ;earne from Giget Sune, who i tradee futures with, and David Elliot the number oner stock chart trainer, awarded by the U.S stock Traders Assocition. 2003-2005 >. i rrally appreciate being given the opportunity to share my knowledge.
www.tradingview.com
BITCUSD / BITX has exactly the same chart.
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 107.49
1st Support: 106.72
1st Resistance: 108.52
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
XAUUSD H4Hello Dear Traders,
Today my thoughts on gold
gold ,after significant drop last week has shown reaction near the support and entered a corrective is expected phase this upward correction is expected to continue until the price reaches the specified resistance zone .
based on the market structure ,it is anticipated that after completing the correction ,
the price likely revers from the resistance zone and decline towards the identified support level
Bearish drop off pullback resistance?The Fiber (EUR/USD) is rising towards the pivot and could drop to the 1st support which is a pullback support.
Pivot: 1.0466
1st Support: 1.0333
1st Resistance: 1.0609
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
7 Mindset Checks for Trading Success in 2025!Are You Psychologically Ready to Be a Trader? 🎯
As we step into the New Year, it's the perfect time to reflect on whether you're truly prepared to take on the world of trading. Here’s a checklist to assess your mindset and psychological readiness for the challenges ahead.
1️⃣ Do You Get Angry When You Lose?
If you tend to get upset over a lost game or seek revenge, trading might amplify those emotions. With money at stake, it's easy to blame external factors like the news, politics, or distractions for a losing trade.
But here's the truth: losses are part of the process. Successful traders embrace losses as learning opportunities and focus on the next profitable setup instead of dwelling on the past.
Remember: Revenge trading is a trap. The market doesn’t cause losses—you do. Instead of seeking revenge, take responsibility, learn, and move forward.
“The best fighter is never angry.” – Lao Tzu
2️⃣ Do You Think You’re Always Right?
Ego is a trader's biggest enemy. Trading isn’t about being right or wrong—it’s about making money.
If your ego drives your decisions, you might overestimate your abilities, skip your trading plan, and take unnecessary risks. Stay humble and let the market teach you.
Ego-filled traders may call themselves analysts or influencers, but true traders prioritize discipline over arrogance.
3️⃣ Do You Fasten Your Seatbelt Every Time You Drive?
Wearing a seatbelt is a simple yet critical risk management habit. Similarly, in trading, risk management is everything.
Professional traders focus on controlling risk, not chasing rewards. Trading without a stop loss is like driving without a seatbelt—one mistake can ruin everything.
Remember: the market can go anywhere. Be prepared for every outcome.
4️⃣ Are You a Follower?
Successful traders carve their own paths. Blindly copying others’ strategies or trades on social media undermines your independence.
You chose trading to be your own boss—embrace that responsibility. Develop and trust your own trading plan, tailored to your goals, personality, and style.
“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” – Jim Rohn
5️⃣ Can You Wait for the Green Traffic Light?
Patience is a cornerstone of trading success. Waiting for the right setup and following your plan with discipline ensures long-term profitability.
Self-discipline isn’t innate—it’s built over time. Commit to your plan, refine your strategy, and trust the process.
“The market pays you to be disciplined.”
6️⃣ Are You Committed to Long-Term Goals?
Just as a long-term relationship or fitness journey requires dedication and focus, so does trading. Jumping from one strategy to another only leads to inconsistency.
If your strategy is profitable, stick with it. Master it. Repetition and consistency turn your strategy into a money machine.
Successful trading is supposed to be boring. Embrace the grind.
7️⃣ Do You Finish Your Popcorn Before the Movie Starts?
If patience isn’t your strength, trading might test you. Most of your time as a trader is spent waiting—for setups, for trades to play out, and for profits to materialize.
“The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
📚 The Takeaway
Trading isn’t just about charts and strategies—it’s a test of your psychology, discipline, and patience.
As we welcome the New Year, let’s focus on improving not just our trading skills but also our mindset. A strong foundation in trading psychology leads to better decision-making and long-term success.
Work on your human psychology, develop your risk management, and commit to the journey. Remember, successful traders are made, not born.
Here’s to a successful and prosperous trading year ahead! 🎉
You’ve got this! Let’s make 2025 your best trading year yet.
~ Rich
Gold - Potential buy for Gold. SL is always set up there. Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trade on what we see the price movement on chart. A key part of my discipline is always setting a Stop Loss when opening a trading position. This ensures every trading position is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
Ethereum (ETH): Looking For Proper Support!On a daily timeframe, we are looking for proper support to form on the coin, where the first ideal zone would be near $3,050, which is near the 200EMA line and also marks as some kind of neckline zone for a possible H&S pattern there.
Now ideally this would be the zone we would be looking for the start of DCA, as we might still fall from there towards our second support zone, which will be a much stronger zone from where to bounce off.
This being said, we are still bullish on Ethereum; just a slight correction would be a logical move here, in our opinion!
Swallow Team