No trades today. Everything is explained on the chart. I do gotta say that I don't like where price has been moving for the past couple of days, but it'll get better eventually (November '24 was so perfect)
USD/JPY currency pair, showcasing technical analysis to predict potential price movements. Key observations include: 1. Downward Channel - The black arrows and lines indicate a descending channel, suggesting a bearish trend. 2. Potential Support Zone - The white box highlights a possible support level where the price might reverse upward. 3. Downside Breakout - The chart predicts that the price could drop toward the 156.7 level. This is a trading forecast. Ensure you consider additional analysis and risk management before making any decisions.
USDCHF Bullish trend with entry price /buy stop and stop loss Tp1 and Tp2 defined
This is a long-term view of EURUSD. The EUR/USD pair reached its peak during the Great Recession and has since exhibited a sustained downtrend, moving within a well-defined falling channel. While periods of sideways consolidation may occur over many months, the persistent pattern of lower highs is undeniable. This downward momentum is likely to persist until the underlying macroeconomic challenges within the EU market are addressed. In light of these factors, parity in the near term remains a plausible scenario.
Markets were shaked this Friday after the December employment report came in much stronger than expected. The economy added 256,000 jobs in December, well above the average economist estimate of 155,000. The unemployment rate unexpectedly declined to 4.1% from 4.2% in November. The Nasdaq 100 immediately dropped by about 1%, while the 10-year US Treasury yield spiked nearly 10 basis points to 4.785%, representing its highest level since October 2023. The strong payroll report further strengthened the case for no more interest-rate cuts from the Federal Reserve, at least for 2025. The moves in stocks and bonds are a continuation of what's been seen in recent weeks: Following a period of euphoric optimism, investors have started to anticipate higher inflation stemming from President Donald Trump's proposed trade and fiscal policies. If the upward move in bond yields continues, Americans will feel it in a big way. The CME FedWatch Tool indicates that markets now expect just one 25-basis point interest rate cut this year, down from expectations late last year of as many as three. The chances that there will be no rate cuts in 2025 more than doubled Friday morning to 28%. Dollar index TVC:DXY rockets to the moon, while the 10-yr TVC:TNX strongly above 4.5%. Endogenously, the market has been preparing for such a turbulence, as it's been discussed in earlier posted idea "Strategy 2025. BTC Airless Scenario Below $100'000 Choking Point" . I remember, the financial market has had a tough weeks in last December, 2024, but it might also be in store for a tough year in 2025, as I noted those time. The market was on track for its worst weeks over years after the Federal Reserve gave a hawkish forecast for interest rate cuts in 2025. But looking at the market's internals, it was clear that damage had been inflicted well before the Fed's Wednesday meeting — and the signal is a historic indicator of tough times ahead. Dow Jones Futures has ended 6th straight RED WEEK in a row - the quite rare event. The historical back test analysis over last 25 years indicates, it could lead to further (at least) 10 percent decline for Top-30 stock club. The major technical graph indicates on a bearish trend in development, where major 200-week SMA support is nearly 35'700 points in this time. https://www.tradingview.com/x/XAkDZ5vG/
GOLD have a rejection after January 2025 NFP bull's rally at 2680. It means, price action give a sign that next week, most likely there will be a correction / retracement.
S Curve Idea dependent upon breaking crucial key trend lines to enter the super S curve.
1. The price got a reaction from the lower boundary of the range. 2. On the OBV chart, you can see a typical volume absorption of market sales, which is an unambiguous point for entering long EXPECTATIONS: a smooth hike to 197.4 USD and a slight correction or consolidation with a subsequent movement to the upper limit of the range - 221.15 USD. After the price breaks above $221.15, I expect ATH to update!
Are You Aware of How Cognitive Biases Shape Your Trading? ? Have you ever wondered why, despite having all the right tools and strategies, your trading decisions sometimes veer off course? The culprit might not be the market, but rather your own mind. I’m Skeptic , and I’m here to guide you through understanding cognitive biases—mental shortcuts our brains use to simplify decision-making—that can significantly impact your trading performance. By recognizing these biases and learning how to manage them, you can make smarter, more rational trading choices. Let’s dive in to explore how these biases manifest and, more importantly, how to outsmart them for better trading outcomes. What Are Cognitive Biases? ? Cognitive biases are systematic errors in thinking that can affect judgments and decisions. While these biases help us navigate the complexities of daily life, they often lead to suboptimal outcomes in high-pressure environments like trading. Recognizing and mitigating their influence is crucial for every trader. Common Cognitive Biases in Trading 1. Confirmation Bias ? https://www.tradingview.com/x/QMalyWnh/ What it is: The tendency to search for, interpret, and remember information that confirms pre-existing beliefs. Actionable Tip: Seek out information that challenges your assumptions. Follow diverse sources and consider alternative viewpoints. A balanced perspective is key to sound decision-making. 2. Anchoring Bias ⚓ What it is: Over-reliance on the first piece of information (the "anchor") when making decisions. Actionable Tip: Regularly re-evaluate your positions using the latest market data. Stay flexible and adapt your strategies as conditions change. 3. Herd Mentality ? What it is: The tendency to follow the crowd’s behavior instead of conducting independent analysis. Example: During the 2020 bull run, I blindly followed popular trading trends, which led to impulsive decisions and missed opportunities. Actionable Tip: Develop and stick to your own trading strategy. Trust your research and analysis over market noise. 4. Loss Aversion ❌ https://www.tradingview.com/x/A2rYRKke/ What it is: The preference to avoid losses rather than acquire equivalent gains. Actionable Tip: Set strict stop-loss orders and adhere to them. Accepting small losses is a natural part of trading and helps safeguard your capital. 5. Overconfidence Bias ? What it is: The tendency to overestimate one’s abilities or the accuracy of predictions. Example: Overconfidence often led me to take excessive risks and trade too frequently, ignoring clear warning signs and proper analysis. Actionable Tip: Maintain a trading journal to document your decisions and outcomes. Reflecting on past trades helps keep your ego in check and fosters continuous improvement. Practical Strategies for Outsmarting Cognitive Biases ? Use Risk Management Tools: Employ stop-loss and take-profit levels to mitigate emotional decision-making. Pause and Reflect: Before making a trade, ask yourself if any biases might be influencing your decision. Practice Mindfulness: Regularly evaluate your emotional state to ensure you’re trading with a clear mind. Start Small: Test strategies in a demo account or with small trades to build confidence without significant risk. Conclusion: Trade Smarter by Outsmarting Yourself ? Trading isn’t just about mastering the market; it’s also about mastering your mindset. By being aware of cognitive biases and actively working to counteract them, you can make more rational and informed trading decisions. Ready to level up your trading? Start by identifying one cognitive bias you’ve encountered and take steps to overcome it. Share your thoughts and experiences in the comments below—I’d love to hear your perspective! I’m Skeptic , and I strive to provide honest and straightforward trading insights. Together, we can navigate the challenges of trading and grow along the way :)
AI16Z is retracing to much lower levels. After a 50% retracement, it is at a discount. The 4h is oversold and the price has reached a good level of horizontal support signs of a chofch should be considered a good DCA opportunity.