Tuesday's video said we were looking for confirmation of an inflection point on Wednesday or Thursday. Well Wednesday was weather affected and lots of trades in NY, etc. were not at their desks. Today we got the confirmation. Turns on multiple markets and large range & volume. This could set the scene for the trends for the next several weeks/months.
Is trading gambling? Have you ever been accused of gambling? Do some of your friends think that what you're doing is immoral? Here are my responses to a recent (very uncomfortable) dinner party conversation.
#emini #futures #daytrading
...
https://www.youtube.com/watch?v=EpiR7pFl5WI
US Dollar grab and go trade setting up. All we need is a break above 90.9 on the US Dollar Index and it's game on. Let's see if we get it on Monday or Tuesday. A weak US Dollar has supported Commodity prices during the last half of last year - and they've all rallied nicely. The profit taking we've seen in the last couple of weeks could escalate if the US Dollar rallies. Let's see what happens next.
Do the ‘Better’ Indicators Work on Forex? Yes:
https://emini-watch.com/trading-indicators/forex/
#USDollar #Forex #Trading
Subscribe to Email Updates: https://eepurl.com/gBWH4v
Website: https://emini-watch.com/
Indicators: https://emini-watch.com/trading-indicators/
Get Coinbase Wallet: https://www.coinbase.com/join/taylor_767
YouTube: https://www.youtube.com/user/EminiWatch
Twitter: https://twitter.com/eminiwatch
Facebook: https://www.facebook.com/EminiWatch
LinkedIn: https://www.linkedin.com/in/eminiwatch/
Bitchute: https://www.bitchute.com/channel/emini-watch/
DISCLAIMER: Emini-Watch.com does not provide recommendations to buy, sell or hold any futures, securities or other investments. All statements and expressions are the opinion of Emini-Watch.com only and should not be construed as investment or personal advice. Emini-Watch.com is not a futures broker or investment advisor. The authors of Emini-Watch.com may hold positions in securities mentioned.
...
https://www.youtube.com/watch?v=0VQcQg27yjU
4th July seasonal trade is setting up right now. This is one of my 5 favourite seasonal trades, each of which is strengthened by having fundamental backing. Holidays are always bullish, for example, the Xmas Rally. And leading into 4th July celebrations the market typically sells off then rallies.
...
https://www.youtube.com/watch?v=o3_OXzK6PgE
The weakness in the Emini came in after the 4th of July holiday. We're down 80 points or so. But we've not seen enough signals for a bottom. We need our triple: exhaustion sell, oversold and blue Professional bars to buy the Lows.
On the other hand, the risk-on markets are perking up. We've got the Euro, Sterling and Aussie all strong. Plus Crude and Copper want to bust out. So let's see - another interesting trading week ahead :-)
https://youtu.be/3qKIZ_GqZZE
#FuturesMarket #FuturesTrading #TradingIndicators
EMINI-WATCH LINKS
○ Website: https://emini-watch.com/
○ Indicators: https://emini-watch.com/trading-indicators/
○ YouTube: https://www.youtube.com/user/EminiWatch
○ Twitter: https://twitter.com/eminiwatch
○ Facebook: https://www.facebook.com/EminiWatch
○ LinkedIn: https://www.linkedin.com/in/eminiwatch/
○ Telegram: https://t.me/emini_watch
DISCLAIMER
Emini-Watch.com does not provide recommendations to buy, sell or hold any futures, securities or other investments. All statements and expressions are the opinion of Emini-Watch.com only and should not be construed as investment or personal advice. Emini-Watch.com is not a futures broker or investment advisor. The authors of Emini-Watch.com may hold positions in the securities mentioned.
...
https://www.youtube.com/watch?v=3qKIZ_GqZZE
Fed hiked rates by 25bp on Wednesday. The dust has settled a little, so where to now? Here's what's happening on my charts of Emini, Ten Year Notes, Euro and Crude Oil.
#fed #rates #emini
WEBSITE LINKS
○ Website: https://emini-watch.com/
○ Indicators: https://emini-watch.com/trading-indicators/
○ Email Updates: https://eepurl.com/gBWH4v
SOCIAL LINKS
○ YouTube: https://www.youtube.com/user/EminiWatch
○ Twitter: https://twitter.com/eminiwatch
○ Facebook: https://www.facebook.com/EminiWatch
○ LinkedIn: https://www.linkedin.com/in/eminiwatch/
○ Odysee: https://odysee.com/@Emini_Watch
○ Telegram: https://t.me/emini_watch
DISCLAIMER
Emini-Watch.com does not provide recommendations to buy, sell or hold any futures, securities or other investments. All statements and expressions are the opinion of Emini-Watch.com only and should not be construed as investment or personal advice. Emini-Watch.com is not a futures broker or investment advisor. The authors of Emini-Watch.com may hold positions in securities mentioned.
...
https://www.youtube.com/watch?v=JCcQPXsBHkg
Big sell-off on Thursday and a great example of a Trending (or Range) day. We open at one extreme and close at the opposite extreme. If you can, the best game plan is to enter on a pull-back and hold to new Lows (on a down day) or close to the Close. I personally find that too hard, but entering on a pull-back and picking a logical target for me is easier to trade.
...
https://www.youtube.com/watch?v=EphcoGghDgg
We've got Exhaustion selling and End of Trend signals going off on Gold, Silver and the Forex charts. That could mean we'll consolidate and bounce a little from here. We've certainly run a long way and the latest Bank of Japan QE news caused the extreme moves we've seen in the last couple of weeks
...
https://www.youtube.com/watch?v=QVSzOA3Mq1Q