Few more drops as Feds won’t go easy As everything still going expensive.. should expect big drop and little buy retrace short then final drop with dip accumulation.
Buy still interest at 10000 area with a dip.
EVENT TO LOOKOUT FOR
- Feds meeting November 2nd @2pm
-Feds meeting December 14th @2pm
- Mid-Term Election
Also in 2023 recession will go full effect and this bear market will go long term and go even lower; if they discuss the Feds pivot then we will recover bullish rally HARD!
Let’s see how it goes and pay attention to the meeting dates.
Feds
$EQX gold setup 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered gold mining company Equinox Gold Corp $EQX today at $5.75 per share. Our take profit is $9.50. We also have a stop less set at $5.15
OUR ENTRY: $5.75
FIRST TAKE PROFIT: $9.50
STOP LOSS: $5.15
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✔️ Sell the Rumors- Buy the News 👨🏫✔️✔️✔️So finally the rumors of an increased rate hike was the time to go short (sell) and the actual results was the news to buy...
Usually we say 'Buy the Rumors- Sell the News' but this time it was the other way around.
⚠️🇺🇸🍿👀 Below i will inform you about the FEDS press conference, especially the best ones.
- Real GDP growth accelerated this quarter ✔️ good news
- participants lowered their economic activity forecasts with an average real GDP growth forecast below 2% to 2,4 ✔️ ok
- we will continue to significantly reduce the balance sheet and reiterate that a rate hike at the meetings is appropriate ✔️ ok
- inflation surprised (lol) and we will change forecasts ✔️ normal, expected
- raising by 75 is our flexible and responsive approach to data (inflation) ✔️ ok , priced in?
- the economy is very strong and well positioned to implement tighter monetary policy ✔️ Great to hear
Question: What is the prognosis? Everything depends on the data. ✔️ told you employment data is Key
- we are quickly raising rates to a normal level, 50-75 are discussed in July ✔️ ok
- a rate of 3%-3.5% is suitable for reducing inflation ✔️✔️✔️ GREAT! CME prognosis was for 4-5%
- we want to see a serious decline in monthly inflation figures ✔️ good luck, make friends with Putin
- the goal is to bring inflation down to 2% and to keep the labor market strong ✔️ bla bla..will take time you need to control energy prices
so..overall good things were said. Especially that rates will not be over 3,5%. great news really
BTC TECHNICAL ANALYSIS:
Professor expects 24400.. we will see what happens then. For now I am bullish
One Love
NASDAQ- Hikes Shmikes Nasdq should RiseI see support. going Long.
idea would be invalidated under 11300.
News: www.investing.com
Fed Raises Rates by 0.75% as Rampant Inflation Forces Biggest Hike Since 1994
The Federal Reserve surprised markets on Wednesday with a larger than expected 0.75% rate increase as persistently high inflation compelled the central bank to deliver its biggest hike at a single meeting since 1994.
The Federal Open Market Committee raised its benchmark rate to a range of 1.5% to 1.75% from 0.75% to 1% previously. That was more hawkish than economists’ expectations for a 0.5% rate hike.
In the weeks leading up to the decision, Fed Chairman Jerome Powell said he wasn't “actively considering” a 0.75% rate increase and signaled that a 0.5% hike would be appropriate at the June and July meetings.
But several signs showing above-trend inflation could stick around for longer than feared forced the central bank to step up the pace of monetary policy tightening to prevent falling further behind in the battle against inflation.
The steeper than expected rate hike pushes the Fed closer to reaching the neutral rate – a rate that neither improves the economy nor slows it down. The Fed had previously signaled that it was eager to move “expeditiously” to a restrictive stance, above the neutral rate, to bring down demand and cool inflation.
Restoring supply and demand in the labor market is key to the central bank’s plans. A tight labor market in which there are about two jobs for every unemployed American – threatens to fuel a wage spiral that could push inflation beyond the Fed’s reach.
Some on Wall Street have suggested that job gains would have to reverse before the Fed considers taking a step back.
One Love,
the FXPROFESSOR
*dyor
FEDS, I'M READY FOR YOU 🦉🔋Time for volatility, Professor's favorite time and bring it ON!
1 Leg on each boat (Long and short) and either there will be a dip we will buy, if there will be a pump we will take some profit and wait as we have more on the right side (Long).
Not sure if this makes sense to everyone but big days like this take praparation.
TECHNICAL:
A bit of a pump/rise
Rejection at first fib level 0,236 is bad news (woke up sellers again)
If rates are risen by 0.50 we could see a pump
if the 0,75% rise happens we will buy the dip here (unless we post a new idea here)
CAN WE DARE A PREDICTION?
Well, either a PUMP (35%) or a DIP TO BUY between 19 and 18k (45%).. There is still a good 20% that the market can trick me
One Love,
the FXPROFESSOR
What's worse: The Federal Reserve or the Niagara Falls?🍁🌈
Niagara falls happened the minute we lost the key levels. . good news is that we are finally close to support again...the area close to 2017 ATHs and also 19700 technical support
Usually after the falls we have a 'lake' but hey, this is Bitcoin:
Can it rebound now? a bit
Can it rebound tonight? Yes, if rates are not increased by 0,75% but only 0,50%
Can it break lower? it can go to 12k but personally i don't expect anything less than 18k.
Tonight could be a great dip to buy..unless Powel decides to go extreme.
In the video we give you prime education about rates and you should watch it.
One Love,
the FXPROFESSOR
we could see a nice rainbow later today
$DXY chart analysis 6/1 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
Green trendline has the potential to become a new resistance that could lead $DXY to retest the support depicted in red.
Support has been holding up for the past six months...but will June be the month that breaks the camels back?
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Potential Bullish BTC 17 May 2027BTC 17 May 2022
The daily expected volatility is around 5%
With an 84% accuracy based on the historical data, we can assume that the price of BTC today is going to be between
TOP 31500
BOT 28500
All of this taken into account with the opening price of today which was 29800.
From VOLUME POC point of view its above 30k , which imply a bullish momentum at this very moment.
From Fundamental/News point of view that can affect crypto/btc price:
In 10h from now, FED Chair Poweel speaks
Now I believe, based on the last 2 weeks bearish momentum, that he will want to calm down the spirits a bit.
Because of this, I am 70% confident that the market will turn to sidemarket-> bullish for next week?
Having said that, if you decide to enter into a long trade for today
stop loss 29500/29000( be careful for scam wicks tho)
take profit if you want a daytrade you can go for 1.5% for 31k
Long Scalp BTC May 04 2022We can see based on the yearly volatility, that the current expected movement is around 3.05% +-
Our top is going to be 40k
Our bot is going to be 37.5k
From the technical analysis point,
Volume was broken on the top side above 38000, so thats a strong momentum indication for long opportunity.
At the same time we can see that on 15 min we got a long entry at 38200.
I believe we can go towards 39k minimum
From fundamental point of view
We have the PMI release and later on today we have FOMC -> interest rate decision.
This last movement is the one that bring the highest amount of volatility possible.
So I strongly recommend you to be out of the position before that happens, and once the market stabilize and takes a direction, re enter again.
$UVXY taking profit for a 38% gain 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Recap: My team entered $UVXY on February 9, 2022, at $12.60 per share.
Our team took profit on $UVXY this morning at $17.42 per share today to secure a 38% gain.
Congrats to those of you who took this trade!
ENTRY: $12.60
TAKE PROFIT: $17.42
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Bitcoin + FED Meeting!When looking at bitcoin on the 2hr TF we can see that it has had a very bullish week. With the Super Bowl happening this weekend and a lot of people calling it the Crypto Bowl, many expect this to have a positive effect on bitcoin throughout the weekend. Now we hear that the FEDs have announced an emergency meeting for Monday 2/14/2020 which is right after the Crypto Bowl. The market seems to already be reacting to this news and I'm not surprised because the last time this happened, interest rates were raised right away. When these rates rise a bearish effect on the stock and crypto market usually follows. We're not sure where the selling pressure will end but I do believe if we can say above the 30ks it's a good sign. I've mapped a few support and resistance zones to keep an eye on. Set your stop-losses and always remember to take profit.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
$DXY needs to hodl the line 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
FOMC meeting next week, February 16, 2022. Here are our expectations for $DXY.
!! This chart analysis is for reference purposes only !!
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Sharp fall from ATHs.Bitcoin needs to move to the upside past this downward trend channel. It broke down below the 1st support of $41.2K. Next levels of support are $29.5K, $20K, $12K.
IMO crypto market needs a washout and needs to clean out most of the junk coins in this space. Unfortunately for that to happen, BTC needs to go through some pain.
Will the Fed's Interest Rate Hikes Be Good or Bad for Crypto?It's probably going to be a tough market in the short term, but the interest rate hikes of 22' is exactly what the economy needs right now. Reducing access to cheap loans should curb the frenzied markets, at least somewhat. (Though given how low the rates are projected to be, probably not enough.)
What does this mean for crypto? Well, that's the big question everyone is asking now. They said that Evergrande and cryptocurrency would go down together, but that didn't turn out to be the case. Will the same happen to USD?
In a way, 22' is going to be a big test for how resilient the USD really is. Politics has been warping the numbers lately but inflation is the lie detector that will reveal the truth about the US economy. American Exceptionalism? Or will it follow the same pattern China did? Time will tell. (If you're a crypto supporter like me, you're hoping for the latter, of course.)
BTC Found Support?A lot is going on in the crypto space. More countries are banning BTC, Inflation, and the Feds playing a role like always... Is this the end of the sell-off? We can see that BTC is at a very important support zone. After reaching this zone price quickly was bought up with a quick 5% pump. In my none financial opinion, this would be a great area too long with a tight stop. (:
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
SPY IS STILL BULLISH FEDSYou can see there was an inverse head and shoulder with a rising neckline. This pattern indicated we were going to have a breakout to the upside. The feds however decided that they wanted to bring the interest rates up from 0. This broke the pattern and the support zone. In my opinion compared to the past the prices are holding on the trend line pretty well for being so close to a resistance zone. Give it a MONTH. we will be on a new ATH possibly a breakout. That or a complete crash. no in between! I'm staying bullish though.
$DXY dead men tell no tales*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
What's up guys! We are here to shed some light on this insane violability that the market has been experiencing these past couple of weeks. To start off, this upcoming "Santa Rally" that you may be hearing about is solely dependent on $DXY retracing to retest our trendline support. If $DXY were to however break through $97 resistance this week you should expect $SPY, cryptos, and even oil to fall.
The Federal Reserve FOMC announcement on December 15, 2021 is likely the catalyst that will either send $DXY back down to retest our trendline, or launch it through $97 resistance.
Please be aware that my team fully believes that the weight of the U.S dollar should dramatically increase within a few weeks regardless, and can only be delayed by an undecisive decision by the Feds temporarily.
!! This chart analysis is for reference purposes only !!
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$DXY time to let the bears out*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
(Not a stock!)(FX Trade!)
Short $DXY at $94.300. You might be thinking "why should I trust your judgement?" and I'm here to tell you that we're @SimplyShowMeTheMoney that's why.
ENTRY: $94.300
TAKE PROFIT: $93.200
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Dollar - Updated Big Chart Further to our previous idea :
Further to our previous Tradingview posts, the World's exchange currency, the mighty Greenback is under support and could potentially freefall.
Again, some hawkish statement from the Federal Reserve will be needed to save the day. Some indication of an upcoming rate hike might do the job...or it might not.
Until such an event happens (Feds commenting or deciding on monetary policy adjustments) the dollar will be dropping, as only news can boost it up at this point.
ps. Dollar index measures dollar against a basket of other major currencies
the FXPROFESSOR