In this video I go over my my mistakes I made when it comes to trading wheat and how I missed a critical piece of news that directly contradicted my thesis about questioning the narrative about weather concerns. CBOT:ZW1! AMEX:WEAT
Inflation is expected to rise again because the prices of staples such as wheat, rice, corn, and soybean meal have been increasing over the last two months. Additionally, we've seen a 20% increase in soybean meal prices since the low in February. Chicago SRW Wheat Futures & Options Ticker: ZW Minimum fluctuation: 1/4 of one cent (0.0025) per bushel =...
My brief insight into GBPUSD after the BOE interest rate decision yesterday. Interest rate stayed the same and price eventually moved in-line with this sentiment. As price has corrected against the pre-dominant bearish trend, this is only a short term move.
The structure on Thursday in the S&P 500 daily chart implies the possibility of a strong close on Friday as we go into the weekend. Ideally would be a close above 5260 to 5265
James Hardie vs Boral Limited ASX:BLD - Price action side by side - Key levels of Boral - Keep track of sector and companies - Trend first and later study fundamental ( for me😉) Waiting for your comments to learn and share more .... disc: Not invested , don't know about future no recommendation only education and entertainment
The structure in the S&P 500 for the last couple of days is actually a neutral zone trade which implies a sideways move however the structure on Wednesday implies a bias for moved to the upside on Thursday.
Hi everyone this is why i believe the market is in for a major correction in the immediate short term!
Some altcoins have stayed behind during the most recent BTC surge. These include : 👎 DOT 👎 XRP 👎 ADA 👎 UNI 👎 HBAR 👎 CRV 👎 ALGO Overlay any of these with the BTC chart, and you get something similar to this. Now compare it to the PREVIOUS BTC all time high. I'm not saying these coins are done for, or that they do not have a future. But my focus is on coins...
The smaller range on Tuesday in the S&P 500 implies a loss of momentum and the market catching its breath. This structure means that if you're on the long side be cautious. The expectation is for sideways move.
It appears that the S&P 500 price action indicates the market is adjusting to the outlook that interest rate cuts may happen later in the year. The expectation would be another day higher on Tuesday but not a large range. The estimate for the high would be 5225 to 2530.
❕ADA vs BTC ❕ ADA failed to make a successful retest of the accumulation zone, having tested it yet again after breakout, and forming a nasty M-pattern. This is quite different compared to the previous time BTC made a new ATH and ADA followed. Furthermore, the ADABTC chart is about to make lower lows, as ADA continuesly fails to increase in value with...
It's time to review which altcoins showed sign s of strength during the recent new Bitcoin All Time High (ATH) ... and which showed no strength. Together with the failed breakout we observe on Algorand, THESE altcoins didn't fare much better. There are a few more, but let's focus on these alts for today: What we're comparing this chart to, is the obvious...
Although there was a strong move on Friday, a small positive up range is expected for Monday in the S&P 500.
📈 Trading Alert: High Impact Dollar News Incoming Today on the Dollar!!! Friday NFP Market Insights: Prepare for significant market movements as we delve into High Impact Dollar News & Today's Trading Analysis! Today, anticipate major announcements like Unemployment Rate and NFP. Join me as we analyze today's trading ahead, exploring potential market movements...
Can the buyers that appeared in the S&P 500 on Thursday continue its momentum up with a stronger close on Friday. This could be a challenge with the softer opening in the Asia session.
In this video, I'm analyzing Corn Futures (CBOT:ZC1!) with a bullish but skeptical outlook due to incomplete data. While factors like potential rain delays in the US corn belt and dry weather impacting Brazil's second corn crop suggest upside potential, I need further confirmation. Additionally, A slowdown in manufacturing could also reduce demand for corn-based...
Hello to all the global traders! We're live with David Russell, TradeStation's Global Head of Markets. He's also the one who publishes the research and analysis from the official TradeStation account on TradingView. Follow them here: www.tradingview.com In today's show, we're discussing the most important charts, interesting trades, and providing education to...
Nice in candle range model 4Hour HTF Key level which was FOMC Low has had a slight tap of liquidity swept