Community ideas
Mid Week Update 01/05/25As anticipated, gold is experiencing a significant decline. Since Monday's high, the price has dropped by 1,500 pips, with over 1,000 of those pips lost just since yesterday evening. The correction appears to be ongoing, suggesting further downside potential.
Currently, the 4-hour chart shows a strong bearish bias. With that in mind, our focus remains on the following key points:
1. We are targeting an additional 2,000 pip drop, potentially reaching the 3,000 region.
2. We will look for pullbacks on the 15-minute time frame to identify re-entry opportunities.
3. Our strategy is to continue following the bearish trend and ride the move downward.
SPY/QQQ Plan Your Trade For 5-1 : Bottom-104Today's Bottom pattern suggests the markets will attempt to move downward - trying to find support.
Even though it may appear my May 2-5 Major Bottom pattern will not happen as I expect - this is a very good lesson for traders.
I'm not 100% accurate all the time. Sometimes, the markets do things that are not aligned with my research/patterns and sometimes the markets can be far more irrational than traders expect.
For example, I believe this current rally is more of a speculative rally in the SPY/QQQ/BTCUSD. There is nothing I'm seeing in the Crash Index (or TRAN) to support this upward price move other than traders attempting to "buy the dip".
Ultimately, I believe the current contraction in the global economy based on policies, tariffs and economic disruptions will continue to drive a consolidation, basing type of price trend, traders are buying into this dip and attempting to drive price upward on expectations of a growing global economy.
Time will tell how things play out - but my longer-term modeling systems are still Bearish.
I will be on the road with my father today - so I'm not going to be as available to answer questions.
Watch this video twice if you need to. It will be interesting to see how the next 5+ days in the markets play out.
As I stated, I'm not 100% accurate all the time. I do my best to try to help guide all of you through these market trends with my research and cycle patterns - but, that is not enough to guarantee 100% accuracy on any trade.
That's just how it is in the world. No one is 100% perfect at predicting market moves.
Get some.
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GBPUSD breakout could target 1.47GBPUSD is testing key resistance and may be gearing up for a breakout toward 1.47, with a potential 17:1 reward. Even if it reaches just a third of that move, the setup remains highly attractive.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Mastering oil trading with multiple timeframe analysisThis video shows how multiple timeframe analysis helps improve entries, manage risk, and avoid false breakouts when trading brent crude oil.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BTC tries to break out of rectangle, eyes 3% rallyBitcoin is breaking out from a tight range with a potential 3% move to 98,500, but it needs to gain momentum fast to avoid a false breakout.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Why I Hesitate on Long Wick Candles (and How I Trade Through It)In today’s live trading review, I highlight one of the key challenges I face when trading the ES:
I don’t always feel confident executing during long wick days.
So how do I deal with that? Simple: reduce risk and stick to the framework.
Watch as I walk you through this session, break down the setup, and share how you can identify and study your own trading weaknesses — so you can grow stronger, one trade at a time.
#OneCandlestickAtATime #LiveTrading #ESFutures #TradingPsychology
GOLD GOLD ,TAKE PROFIT IS NORMAL ,but the trend remains bullish on safe demand .
the 3222-3217 and 3210 might provide a buy back as the structure indicates strong buy structure with hope of 400-500pips pips booking in buy profit which meet a resistance structure at 3283-3290
my best zone for buy 3207 and if we get a retest the selling might continue below 3200 level.
UNI Uniswap Breakdown. Support Hit but is there More Downside?🔎 I'm currently analyzing UNI/USDT (Uniswap paired with Tether) and observing a clear bearish trend 📉 on the daily timeframe. Price has recently tapped into a key support zone 🟦, and we’re now seeing a short-term retracement from that level.
However, with Bitcoin currently overextended ⚠️ and showing signs it may pull back, there's a strong possibility that UNI could continue to drop if BTC rolls over. Correlation plays a major role here. 📊
In this video, I break down essential elements of the chart:
📌 Market Structure
📌 Price Action
📌 The prevailing Trend
📌 Key Support & Resistance Zones
You'll also hear my personal take on a potential trade setup — if price action continues to unfold in line with the criteria discussed.
📚 This content is for educational purposes only and is not to be considered financial advice. 🚫💼
UNI Price Action Breakdown. Support Hit but is there More Downside?
$VARA Network - BULLISH SFP!!! WHAT DOES A SWING FAILURE PATTERNTonight I am going over what a SFP (swing failure pattern) looks like.
VARA Update!
This is not meant to be financial advice and I am not your financial advisor. These are my views and my opinions.
-Staking rate on NOVA Wallet 37% anual
-Review Tokenomics
4.13 Billion Staked up from 4.12
2.799 Billion Circulating Supply up from 2.77
Looking bullish on this penny stock! OptionsMastery:
🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
US30 Trading Into Major Resistance - Look For Dow Jones Retrace🔍 US30 Analysis: At the moment, I'm watching the US30 as it looks overextended 📈 and is trading into previous highs. 🧱 If you look left on the chart, it's approaching a key resistance level on both the weekly and daily timeframes.
I’m expecting a potential retracement 🔁 and monitoring for a bearish break of structure on the 30-minute timeframe ⏱️ as a possible setup for a counter-trend short 📉 — aiming for the imbalance zone visible on that timeframe.
📏 Drawing a Fibonacci retracement from the recent swing low to high, the 50% equilibrium 🔄 lines up perfectly with the imbalance area, adding confluence to the idea.
📚 This is shared for educational purposes only and should not be considered financial advice 💼.