Faysal Amin
Mind Vision Traders
Hi fellow traders
Investors are still not sure about direction a lot of Fundamentals pulling the charts but we believe this time around technician have more clue if follows the yield curves and FED is 50/50 Chance of raising rate there are a lot of factors taking in to consideration before CB react we think stock indices pull back a little and still wait to play short side on any correction
Wait and Watch!!
Euro 11248
Euro 11248
Very short-term outlook: mixed with Bullish bias from 10935
Short-term outlook: mixed projected tgt 11355
Trade
Short @11349 stp@11384 tgt 11166
Long @10935 stop@10897 tgt 11045 ( both Trade good Till Wednesday close )
Cable 15340
Very short-term outlook: mixed with Bearish bias
Short-term outlook: Mixed
Trade long@-14945 stp@14887 tgt 15077
Short @15477 stp@15527 tgt 15072 ( Good till Wednesday MOC)
GOLD 1147
Very short-term outlook: mixed with bullish bias
Short-term outlook:
Make or break is 1107 area
Trade
Day Trade
Long@1127 stp@1122 tgt 1157
Short @1205 [email protected] tgt 1128 ( Valid till Friday Close )
NQ 100 4168
Very short-term outlook: mixed with bearish bias
Short-term outlook: BEARISH will prefer to play short handle on any spike around 4400
Just trade with stop ;loss and we will ride the other BIG wave Dn Around this FRIDAY close till End of the Month
OIL 4747
We wait for 5050 ish area to go short for next leg down with stop@5147
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETIEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK AND NOHYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTANL LOSSES OR TO ADHERE TO A PARTICULAR TRADINGPROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULT
Recommended Content
Editors’ Picks
AUD/USD could extend the recovery to 0.6500 and above
The enhanced risk appetite and the weakening of the Greenback enabled AUD/USD to build on the promising start to the week and trade closer to the key barrier at 0.6500 the figure ahead of key inflation figures in Australia.
EUR/USD now refocuses on the 200-day SMA
EUR/USD extended its positive momentum and rose above the 1.0700 yardstick, driven by the intense PMI-led retracement in the US Dollar as well as a prevailing risk-friendly environment in the FX universe.
Gold struggles around $2,325 despite broad US Dollar’s weakness
Gold reversed its direction and rose to the $2,320 area, erasing a large portion of its daily losses in the process. The benchmark 10-year US Treasury bond yield stays in the red below 4.6% following the weak US PMI data and supports XAU/USD.
Bitcoin price makes run for previous cycle highs as Morgan Stanley pushes BTC ETF exposure
Bitcoin (BTC) price strength continues to grow, three days after the fourth halving. Optimism continues to abound in the market as Bitcoiners envision a reclamation of previous cycle highs.
US versus the Eurozone: Inflation divergence causes monetary desynchronization
Historically there is a very close correlation between changes in US Treasury yields and German Bund yields. This is relevant at the current juncture, considering that the recent hawkish twist in the tone of the Federal Reserve might continue to push US long-term interest rates higher and put upward pressure on bond yields in the Eurozone.