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


Recommended Content

Editors’ Picks

AUD/USD post moderate gains on solid US data, weak Aussie PMI

AUD/USD post moderate gains on solid US data, weak Aussie PMI

The Australian Dollar registered solid gains of 0.65% against the US Dollar on Thursday, courtesy of an upbeat market mood amid solid economic data from the United States. However, the Federal Reserve’s latest monetary policy decision is still weighing on the Greenback. The AUD/USD trades at 0.6567.

AUD/USD News

EUR/USD recovers to top end of consolidation ahead of Friday’s US NFP

EUR/USD recovers to top end of consolidation ahead of Friday’s US NFP

EUR/USD drove back to the top end of recent consolidation on Thursday, recovering chart territory north of the 1.0700 handle as market risk appetite regains balance heading into another US Nonfarm Payrolls Friday.

EUR/USD News

Gold recoils on hawkish Fed moves, unfazed by dropping yields and softer US Dollar

Gold recoils on hawkish Fed moves, unfazed by dropping yields and softer US Dollar

Gold price clings to the $2,300 figure in the mid-North American session on Thursday amid an upbeat market sentiment, falling US Treasury yields, and a softer US Dollar. Traders are still digesting Wednesday’s Federal Reserve decision to hold rates unchanged.

Gold News

Ethereum may sustain trading inside key range, ETH ETFs to be delayed until 2025

Ethereum may sustain trading inside key range, ETH ETFs to be delayed until 2025

Ethereum is beginning to show signs of recovery on Thursday despite a second consecutive day of poor performance in Hong Kong's spot Ethereum ETFs. Bloomberg analyst James Seyffart has also shared that a spot Ethereum ETF may not happen in the US in 2024.

Read more

NFP: The ultimate litmus test for doves vs. hawks

NFP: The ultimate litmus test for doves vs. hawks

US Nonfarm Payrolls will undoubtedly be the focal point of upcoming data releases. The estimated figure stands at 241k, notably lower than the robust 303k reported in the previous release and below all other readings recorded this year. 

Read more

Majors

Cryptocurrencies

Signatures